Meaning of “offshore company” in the English Dictionary

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"offshore company" in Business English

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offshore companynoun [ C ]

uk us

FINANCE, WORKPLACE a company that is based in a different country to the one in which it does most of its business, often for tax reasons:

We offer a one-day offshore company incorporation service from our law firm in Belize.

(Definition of “offshore company” from the Cambridge Business English Dictionary © Cambridge University Press)