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In relation to companies and similar entities which are incorporated in offshore jurisdictions, the use of both the words "offshore" and "company" can be varied in application. The extent to which a jurisdiction is regarded as offshore is often a question of perception and degree. [ 3 ]
A company moving an internal business unit from one country to another would be offshoring or physical restructuring, but not outsourcing. A company subcontracting a business unit to a different company in another country would be both outsourcing and offshoring, offshore outsourcing. Types of offshore outsourcing include:
Offshore investment is the keeping of money in a jurisdiction other than one's country of residence. Offshore jurisdictions are used to pay less tax in many countries ...
An international business company or international business corporation (IBC) is an offshore company formed under the laws of some jurisdictions as a tax neutral company which is usually limited in terms of the activities it may conduct in, but not necessarily from, the jurisdiction in which it is incorporated.
Offshore investments are made outside of the country where you reside. You may want to open an offshore account for many reasons, including diversification and tax planning. Here's what you need ...
An offshore fund is generally a collective investment scheme domiciled in an offshore jurisdiction. [1] Like the term " offshore company ", the term is more descriptive than definitive, and both the words 'offshore' and 'fund' may be construed differently.
If the offshore workplace is a foreign subsidiary, owned by the company, then the offshore operation is a § captive, [215] sometimes referred to as in-house offshore. [216] Offshore outsourcing – combines outsourcing and offshoring; is the practice of hiring an external organization that is in another country to perform a business function ...
Offshore (hydrocarbons) Offshore construction, construction out at sea; Offshore drilling, discovery and development of oil and gas resources which lie underwater through drilling a well; Offshore hosting, server; Offshore wind power, wind power in a body of water; Offshore geotechnical engineering; Offshore aquaculture
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