Offshore company | Wikipedia audio article
Channel: wikipedia tts
Date: 02/01/2019

This is an audio version of the Wikipedia Article:
https://en.wikipedia.org/wiki/Offshore_company


00:00:49 1 Companies from offshore jurisdictions
00:02:50 1.1 Classifying offshore companies
00:06:08 1.2 Characteristics of offshore companies
00:08:43 1.3 Uses of offshore companies
00:10:59 2 Offshoring as a business process
00:11:27 3 See also



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Voice name: en-GB-Wavenet-B


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SUMMARY
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The term "offshore company" or "offshore corporation" is used in at least two distinct and different ways.  An offshore company may be a reference to:

a company, group or sometimes a division thereof, which engages in offshoring business processes.
International business companies (IBC) or other types of legal entities, which are incorporated under the laws of a jurisdiction, that prohibits local economic activities.The former use (companies formed in offshore jurisdictions) is probably the more common usage of the term. In isolated instances the term can also be used in reference to companies with offshore oil and gas operations.