Offshore companies are entities incorporated in foreign jurisdictions, typically offering favorable tax environments, flexible regulatory frameworks, and a high level of business confidentiality. These jurisdictions provide low or zero taxation, asset protection, and simplified accounting and auditing requirements.

The term “offshore” does not imply anything illegal; it simply means that the company operates outside the owner’s country of residence. Its use is completely legal when managed transparently and in compliance with international and local tax regulations.

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