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An Offshore Company is a corporation or limited liability company that has been formed outside of your country of residence.
There are many reasons for the formation of an Offshore Company. Among them:
? Asset Protection
? Tax Reduction
? Privacy
? Confidentiality
? More Flexible Business Rules
All of the offshore jurisdictions offer at least one type of company - often they offer several types of company.
The different types of company vary from jurisdiction to jurisdiction. They are incorporated in the same way, but offer different tax benefits and limit some activities.
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