Offshore Company
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High Quality Content by WIKIPEDIA articles! The term offshore company is ambiguous. It may refer to either: 1. A company which is incorporated outside the jurisdiction of its primary operations regardless of whether that jurisdiction is an offshore financial centre (sometimes known as a non-resident company) i.e. a Canadian company may be 'offshore' for the purposes of a USA citizen ; or, 2. Any company (resident or otherwise) incorporated in an offshore financial centre Typically the requirements for company registration under the relevant provision for non-resident status (as in the former o...
High Quality Content by WIKIPEDIA articles! The term offshore company is ambiguous. It may refer to either: 1. A company which is incorporated outside the jurisdiction of its primary operations regardless of whether that jurisdiction is an offshore financial centre (sometimes known as a non-resident company) i.e. a Canadian company may be 'offshore' for the purposes of a USA citizen ; or, 2. Any company (resident or otherwise) incorporated in an offshore financial centre Typically the requirements for company registration under the relevant provision for non-resident status (as in the former of the two options above) will be pursuant to some or all of the following criteria: Must be incorporated from outside the jurisdiction in question; Must not trade within the jurisdiction in question; and/or, Must meet nominal tax expenses levied by the jurisdiction in question.
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