Password must be 8-15 alphanumeric characters with these requirements
- Minimum one number (0-9)
- Minimum lowercase letter (a-z)
- Minimum one uppercase letter (A-Z)
- Minimum one special character "#?!@$%^&*-+<=>"
- Example password 99azTR?!@
Offshore is a country or a part of its area that offers favorable tax regime for foreign non-resident companies and investments. Usually offshore territories have more relaxed environment for business development than onshore zones due to the minimal list of obligations and requirements that the entrepreneur has to comply with in order to start its commercial activity. Additionally investors and foreign businessman can choose among hundreds of banks, insurance organizations, auditors, accountants, business centers and law firms that all together form what is called offshore system.
Besides that, a term “offshore” can be used to describe a company that was registered in one country but operates on the territory of other jurisdictions. Also “offshore” can be applied to banking sector when we speak about bank accounts opened in offshore jurisdictions outside of country of residence of account holder, who can be physical person or commercial entity. These accounts are essential for any offshore tax planning as they allow recollecting all world earned income without any tax obligations and with maximum banking secrecy.