Offshore jurisdictions confirmed by CMU – list
To understand what represents the concept of the offshore jurisdiction, we offer at first deal with what exactly is an offshore. Offshore - is a company which is registered in the country, which has a preferential tax treatment or it is replaced by a fixed duty, which is a particular type of ownership and limited to the conduct of business in the territory of the country of registration. Offshore enables the company to continue to carry out foreign trade activities, paying only a fixed annual fee at the place of registration. Offshore jurisdiction (from eng. «off shore» - offshore, outside) - is a territory of a certain state or a part thereof, within which foreign companies are operating a special preferential regime of business registration and taxation. Such a company usually conducts its business activities outside that country. In some countries, as such terms are used to refer to tax havens as a "tax shelter" or "tax haven" (from eng. «tax haven».), as well as "tax paradise". The essence of the offshore jurisdictions and their classification The offshore areas are in themselves a subsystem service zones in special economic zones. Typical offshore...
