Physical - in the sea away from the shore; not on the shoreline but out to sea.
Offshore Industry - Industry related to equipment for offshore oil and gas.
Financial - a relative term generally applied to low tax jurisdictions on "off-shore" islands - hence the association with the physical meaning. Many of these islands encourage the formation of letterbox companies, which are used to conceal the beneficiary owner for various purposes (hiding and laundering narcodollars or the proceeds from other illicit activities, parking funds in rapidly depreciating currencies, hiding assets in divorce proceedings etc.)
Note: Not all offshore financial centres are in a geographical respect offshore as the term would suggest, e.g. Dublin, Delaware (USA), Panama or Switzerland. An offshore financial centre (or OFC), although not precisely defined, is usually a low-tax, lightly regulated jurisdiction which specialises in providing the corporate and commercial infrastructure to facilitate the use of that jurisdiction for the formation of offshore companies and for the investment of offshore funds. ... For other uses, see Dublin (disambiguation). ...
Further details can be found here:
Offshoring - relates to the active movement of companies to offshore centres.
Tax havens - gives details of many low tax jurisdictions.
This disambiguation page lists articles associated with the same title. If an internal link led you here, you may wish to change the link to point directly to the intended article.
Category: Disambiguation Offshore may refer to oil and natural gas production at sea; see oil platform. ... An offshore financial centre (or OFC), although not precisely defined, is usually a low-tax, lightly regulated jurisdiction which specialises in providing the corporate and commercial infrastructure to facilitate the use of that jurisdiction for the formation of offshore companies and for the investment of offshore funds. ... An offshore company is a company which does not conduct substantial business in its country of incorporation. ... Offshore construction is the installation of structures and pipelines in a marine environment for the production and transmission of oil and gas. ... Offshore investment is the keeping of money in a jurisdiction other than ones country of residence. ... An offshore fund is a collective investment scheme domiciled in a tax-haven located on an island juristiction or another low tax financial centre considered offshore, for example British Virgin Islands, Luxembourg or Dublin. ... A collective investment scheme is a way of investing money with other people to participate in a wider range of investments than may be feasable for a individual investor and to share the costs of doing so. ... An offshore trust is simply a conventional trust that is formed under the laws of an offshore jurisdiction. ... A tax haven is a place where certain taxes are levied at a low rate or not at all. ... Image File history File links Disambig_gray. ...
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