Showing posts with label investment schemes. Show all posts
Showing posts with label investment schemes. Show all posts

Wednesday, 28 May 2014

Offshore fund

An offshore found is a fund, that is located in another place than the residence of the found holder. Many offshore financial centers are available as places for investment. Offshore funds are often regarded as collective investment schemes and the as the main from of offshoring where the underground economy comes from, thought the usage of shell companies allowing for some to complete tax evasion.


Why are offshore funds used?