Types of Offshore Companies Cover Image

Types of Offshore Companies
Types of Offshore Companies

Author(s): Roxana Chirieac
Subject(s): Commercial Law
Published by: Editura Hamangiu S.R.L.
Keywords: offshore commercial companies; trusts; holding companies; base companies;

Summary/Abstract: The offshore company type will always depend on the needs of the person who establishes it – may his purpose be the concealing of his true identity, or the concealing of funds or even tax avoidance or tax planning, a company structure will always be provided for it to serve the needs of its ultimate beneficiary owner. The present regulations of tax havens and offshore financial centres evolve in the same time as the regulations of the wealthy states and adapt so they can provide physical and moral persons the possibility to guard their wealth fare intact. The main offshore structures that have endured the passing of time and regulatory changes are the holding company, the trust, the base companies, the sham companies, the captive insurance companies or the shell companies.

  • Issue Year: V/2017
  • Issue No: V
  • Page Range: 141-146
  • Page Count: 6
  • Language: English