In financial language, the term “offshore” is used to define any business or investment made outside the country of residence or in other words an offshore company is a legal entity established in an Offshore FinancialCentre (OffshoreJurisdiction).
Offshore Company, most commonly termed as International Business Company or a Non-Resident Company, is a legal structure which provides for a low/No-tax environment for an entity or an individual which in turn minimizes tax burdens and improves wealth management.
