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⍰ ASK Can an offshore company have a physical presence in its country of incorporation?

Yes, an offshore company can have a physical presence in its country of incorporation. This can take the form of a registered office, a branch office, or a representative office.

A registered office is the official address of a company, and is used for the receipt of official correspondence and government mail. A branch office is a secondary location of a company that operates in a different jurisdiction from its headquarters, while a representative office is a place where a company can carry out non-operational activities, such as marketing and research.

Having a physical presence in the country of incorporation can provide several benefits for an offshore company, including improved access to local markets and customers, increased credibility and legitimacy, and a closer connection to the local business community.
 

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