Most American companies engaged in offshoring say a shortage of skilled domestic employees - not cost cutting - is the primary reason why they move some job functions overseas.What are offshore companies?
An Offshore company is a Company set up outside your usual country of residence. Most Offshore companies are incorporated in countries which levy no (or very low) business profits taxes. Offshore companies, or International Business Companies (“IBCs”) as they are more commonly known, are the most widely used International business vehicle.What is offshore employment?
Offshore work refers to all the jobs on an oil or gas drilling platform or rig out in the sea. The work is suited for people who thrive on unpredictability, unique challenges and excitement. One single rig can be workplace and home for hundreds of people at any given time.