Business Terms and Jargon Explained

What is Offshore

This term is used to describe legal vehicles or institutions that operate in countries with no or low tax. This allows non-residents to take advantage of the tax laws through appropriate vehicles or institutions. e.g trusts and companies.

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Indemnify MoJ Land Registry Fee
Exempt Persons Descope Specific Legacy
Subtenant Kerning Holding Company
Lawyer XU Writ of venire de novo
Overseas company Functionality Payer
Norwich Pharmacal orders Karat Excise Duty
Nominee Oxygen-move Loti
Public relations Interest rate risk Net income
Armchair general Annual exemption Ratification
Perjury Pro tempore Per stirpes
N244 Civil Court form Certificate of Incorporation N92 Civil Court form
Admission Secured creditor Equilibrium Exchange Rate
Zone Directors Quality circles

Term created / updated 2006-02-14 18:15:25

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