cryptohunter
Active member
- PPF Points
- 2,323
Countries like Panama and the Bahamas benefit from registering offshore companies in their land by attracting foreign investment and generating revenue through registration fees and taxes. Offshore company registration can also create employment opportunities and spur economic growth. Additionally, these countries benefit from their reputation as tax havens, which can attract wealthy individuals and corporations seeking to reduce their tax liabilities. However, this practice has faced criticism for enabling tax evasion and money laundering.