Tag Archive for offshore services

Offshore Services

Offshore services are various types of financial services provided by institutions located in different nations. There are a number of reasons why an individual or business would want to engage in offshore banking, including the ability to receive payments in local currency, take advantage of interest rates and other benefits that an offshore company could not claim, and even to make the best possible use of current tax laws. Choosing the right offshore services involves identifying what you want to accomplish, understanding banking laws that will prevail, and making sure the tax obligations that result are within reason. » Read more..