Running a business can be time consuming. Domestic rules sometimes fade away with cross border activities or in a global business. Where appropriate, an offshore company is a solution due to its operational and administrative rules and obligations.
Whether transactions are based on import-export where VAT, taxes and other duties make it difficult and time consuming to close the deal, or you need a way to minimize administration, an offshore company can often be advantageous for those running an international or global business.
Since there are many trade agreements and international treaties between countries, worldwide business is getting easier by day. Simultaneously, setting up a company in various countries is simple and straightforward. Mostly, your home country does not really care either where you set up your company, as long as you follow the rules in your home country, all is often fine.