How are Offshore Corporation Most Commonly Used for?
Offshore corporations are most commonly used for investment activities and for offshore banking to conduct international trade. They may be used to own and operate businesses, issue shares, bonds, or otherwise raise capital, guarantee obligations, etc. They are used for the ownership of land property and land, for ownership of intellectual property, licensing and franchising, offshore e-business. This is not the full list. Offshore corporations may be used in many other ways to save on taxes. AMOst offshore corporations are private and closely held, but some are publicly traded on major stock exchanges.
