Mar
14
Frequently used OFFSHORE terms
Filed Under Uncategorized
Frequently used OFFSHORE terms:
* Offshoring: active movement of companies to offshore production, research and developments.
* Offshore financial center: tax haven, jurisdictions which linked financial business with non-residents.
* Offshore bank: relates to the banking, a business can open an offshore account to run business and operate cash flow
* Offshore company : relates to the business.
* Offshore construction: relates to construction out to sea like drilling for natural resources such as gas, oil, gold.
* Offshore investment: relates to the wider financial services such as stock market, bonds, international currencies, luxury investments.
* Offshore fund collective investment in offshore location in bank or financial center.
* Offshore trust: trust arranged in offshore jurisdictions to server client(s) needs.
