Offshore companies

The term “offshore company“cannot be universally or easily defined. The term “offshore company“ is very often used in connection with a company, the headquarters of which are in a so-called tax haven, or in a locality with a preferential tax regime. This brings the company a partial exemption or complete freedom from the system of taxation in the country where its headquarters are located.

This is a key attribute, meaning that companies based in places which are not considered tax havens, such as certain states of the USA, Hong Kong, Singapore, are often included in the category of “offshore companies“.

In addition to the aforementioned characteristics, offshore companies also benefit, to varying extents, from the following advantages:

The list of jurisdictions, in which SMART Companies can establish non-offshore companies.

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