Offshore companies are companies that are incorporated in a jurisdiction different from the one where it carries out its business activities or companies incorporated in offshore financial centers. Offshore companies what some call a tax haven, referred to this term in a country which exempts from tax foreign investors who have bank accounts or set up companies in its territory. At that make no economic or commercial activity and are termed non- resident companies. These companies are controlled by foreign enterprises or individuals that conduct their business in other parts of the world and using the tax haven only as a legal address of the company.
LIST OF ACTIVITIES INCLUDED IN THE OFFSHORE LICENSE :
One Activity to General Trading
Consulting & Advisory Services
Investments and Joint Investments Company
Shipping and Ship Management Companies
Commission Agents Company