RAK Offshore company formation guide 2016

What is an Offshore Company?

An Offshore Company can be simply defined as a corporate entity that rarely conducts business in its country of origin.

Offshore Companies are normally formed in a jurisdiction where taxation is much lower, and reporting restrictions far more flexible than the country in which you reside.

Other common names for this type of company are :

  • Non-resident Company
  • International Business Company
  • International Business Corporation

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