Protect Your Company’s Finances By Going Offshore | Do You Meet The Checklist?
By definition, an offshore corporation is outside the legal jurisdiction of the country where its primary operations are located. Therefore, if you’re looking for a method to protect your finances from a volatile market, going global and incorporating your company in an offshore jurisdiction could be a viable solution. Take note that in order to be considered an offshore, your business needs to satisfy several criteria, such as: It must not conduct trade with the country it incorporates. It must incorporate itself outside the jurisdiction in which it conducts operations. It must pay the tax expenses/fees required by the countryRead More →