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⍰ ASK Is it common to use an offshore company as an entity to represent yourself?

cryptohunter

cryptohunter

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Yes, it is common for individuals to use offshore companies as a means of representing themselves in various contexts, including:

  1. Business: Offshore companies can be used as a legal entity for conducting international business and managing assets.
  2. Investment: Offshore companies can be used to hold investments and manage financial assets.
  3. Privacy: Offshore companies can provide privacy and confidentiality for their owners, as the ownership information may not be publicly available.
 

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