Features and benefits offered by most offshore centres, Other Subject

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Question:

‘An offshore company is one that does not conduct substantial business in its country of incorporation. It is sometimes known as non-resident company.'

(a) What are the regulatory requirements which are commonly applied in many offshore centers?

(b) Discuss the features and benefits offered by most offshore centres.

(c) Enumerate some of the options available for a beneficial owner to transfer funds to an offshore company.


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