Does an offshore company have to open a representative office in the country in which it operates?
We should obtain a more precise definition of what is meant by “the country in which it operates”. For example, in the event that an offshore company supplies goods from abroad into a country, exports goods from that country or even renders services to a resident of that country, it carries out those economic operations in its capacity as a non-resident, and this bears no relation to activity on the territory of that country. Accordingly, there is no legislative requirement for a representative office to be opened in that country.
