offshore

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offshore

a term used to describe vehicles or institutions based in, or regulated by, the laws of a jurisdiction that either has no tax or low tax for non-locals and that specializes in providing services of a financial or legal nature to persons and businesses ‘onshore’, that is to say, in high-tax jurisdictions. While many such jurisdictions are based on islands, which has brought about the terminology in a literal sense, the littoral location of the investment is irrelevant.
References in periodicals archive ?
Overseas Pakistanis should also be briefed about the property verification service through community welfare attaches deputed abroad, he added.
Land Information New Zealand says neither transaction went through the required Overseas Investment Act consent process.
He directed the qaurters concerned to ensure at least two meetings of District Overseas Pakistanis Committee every month so that issues of overseas Pakistanis could be addressed in the shortest possible time.
Director General OPC Javed Iqbal Bokhari was also present on this occasion, while a large number of overseas Pakistanis attended the event.
Addressing a 'Meet The Press' event at the National Press Club, Malik said that there was a need of proper training of community attaches to deal with the issues of overseas Pakistanis.
To a question, he said that due to the current political situation of most Gulf countries, the number of overseas Pakistanis had been declining every passing day and Pakistan was seeking a new labour market to reduce unemployment in its own backyard.
The Comelec resumed its overseas voters' registration for the May 2019 midterm polls on Dec.
The total number of registered Filipino overseas voters as of the May 9, 2016 elections was 1,300,000 (rounded off).
In the first section, the research group first discusses theories about the connotation of soft power at home and abroad, and then expounds the close relations between overseas Chinese and the soft power of China, the role of overseas Chinese in China's soft power construction and development, and the mechanisms and approaches through which overseas Chinese influence China's soft power.
He was addressing a high level meeting, here today which reviewed the performance of Overseas Pakistanis Commission Punjab.
The Electoral Commission hopes that the new online process will encourage more UK nationals living overseas to register to take part in elections from overseas, said an announcement from the British High Commission in Nicosia.
The broad objectives of the conference include showcasing the schemes and initiatives taken by the Overseas Indian Affairs Ministry and respective State Governments for skill upgradation and pre-departure orientation programmes, and creating awareness about the procedures adopted for promotion of regular migration and preventing irregular migration from India.