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Tax Engineering

What is an offshore foundation?


Question

What is an offshore foundation?

Answer

An offshore foundation is a commercial entity that occupies a place between a trust and a company. It is characterized by the allocation of a fund or patrimony for a specific purpose. The fund that is donated for the specific purpose becomes an autonomous entity and acquires the same rights as a legal entity.



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FINANCIAL SERVICES

Offshore Company

Bank accounts

Prepaid cards

E-commerce package

Payment gateway

Online gambling license

Private foundations