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Offshore Definition

Although the term is commonly used, the offshore and its definition are not always very clear. Talking yet very often bank accounts or businesses off shore. How can we therefore clarify the offshore and its definition?

The off shore and its definition are taken from the English language. Etymologically, "off shore" means "at the offshore". Applied to the field of business and finance, "off shore" is actually a localisation. For a corporation, the off shore allows for example to have a head office established in UK and implementing activity in another country. The offshore and its definition also apply to bank accounts in another country than that of the holder.

The offshore, by definition, to establish a distance between the heart of a society, or the name of a holder, and its activities. Therefore, it is a guarantee of confidentiality and discretion. Swiss banks are particularly famous for their offshore services. But the benefits of the offshore and its definition beyond this framework.

Indeed, the offshore and its definition often involve a bank account opening in a tax haven. By optimizing a heritage, the holder is thus free from the imposition of the State, and can proceed to more profitable investments. The offshore and its definition usually involve the concept of paradise financial (such as the Switzerland), where it is before any privilege of bankers which is significant, as well as tax havens (such as the Panama), where the imposition on the deposited funds is the lowest possible or even zero.
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