cryptohunter
Active member
- PPF Points
- 2,738
An "onshore" company and an "offshore" company are terms used to describe the location of a company's incorporation and where its main operations are located.
- Onshore company: An onshore company is a company that is incorporated and operates within the same country. For example, if a company is based in the United States, it is considered an onshore company.
- Offshore company: An offshore company, on the other hand, is a company that is incorporated in a country different from the country where it conducts most of its business. For example, a company based in the United States but incorporated in the British Virgin Islands is considered an offshore company.
