Definition of «offshore companies»

"Offshore companies" are businesses that are located in a different country than the one where their owners live or the majority of their customers are. They are often set up in countries with more favorable tax laws or financial regulations.

Sentences with «offshore companies»

  • It is important to note that insurance companies and offshore companies want to pay you as little as possible and rarely do they offer to fairly compensate you for your loss without a fight. (mytexasinjurylawyers.com)
  • If so, is it further prepared to disguise such payments as consideration for consultancy services delivered by shell offshore companies? (newlawjournal.co.uk)
  • This lesson guides students through the game «Continent of Secrets,» which reveals what investigative journalists uncovered about the use of offshore companies by African businesses. (pulitzercenter.org)
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