Confidus Solutions logotype

Confidus Solutions

What is "an offshore jurisdiction"?

Generally speaking, a tax haven is a jurisdiction in which taxes are either applied at a low rate or not at all. Well-known examples of tax haven jurisdictions include Panama, Belize, the Seychelles, the Cayman Islands, the Isle of Man and Hong Kong. Very often, such territories are also called “offshores”, with companies registered under these jurisdictions described as “offshore companies”.