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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Company Logo Default Surcharge JIT
Greenwashing Buy-in Long Term Debt
Fixer Womb to Tomb PRODCOM
Public company or public limited company Residence Double Entry Accounting
Withholding Tax Employment contracts N349 Civil Court form
Digital Signature Statutory Instrument Coin of the realm
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Equal opportunities policy Adjudicator Log
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HMSO Conditional discharge Malum in se
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Term created / updated 2006-02-14 18:15:25

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