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Tax Engineering

How to use offshore companies?


Question

How to use offshore companies?

Answer

Offshore companies are used to issue shares, bonds, increase or decrease capital, guarantee obligations, employ, buy and sell goods and services, make contracts, rent offices, maintain bank checking and savings accounts, maintain retirement plans for employees and managers. Also offshore companies are used to own other companies and operate in both national and international businesses. Although most companies are private and managed by the beneficial owners or managers themselves, others are public and can negotiate in the stock market.



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