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Seychelles Offshore Registration covers Seychelles Offshore Business Registration process along with Seychelles Offshore Registration documents. Seychelles [...]
When we talk about offshore financial companies, the term conjures up an image of huge, shadowy financial monoliths investing funds without any transparency. These types of companies also exist. e.g. many mutual funds and hedge funds whose investors prefer ‘foreign country’ investments.
But ordinary investors like us too can form offshore investing companies of relatively smaller [...]
Executive Summary
“Do not learn from your mistakes; learn from the mistakes of others so that you do not make any.” Sean Karsten
No doubt, offshore software development has made its mark in the industry and it’s safe to say that it’s here to stay. It is estimated that nearly 85% of the worlds top companies have [...]
However it is worth remembering that more than half the world’s wealth is held via offshore companies, if not necessarily in offshore banks! Offshore accounts are simply accounts held in banks located in tax havens such as Seychelles, Mauritius, British Virgin Islands or Dubai or Ras Al Khaimah [RAK] in the United Arab Emirates [UAE] [...]
Let’s reduce costs by going offshore with some development or service functions! The board and management agree to set up offshore activities in a place like India, China, Russia, Slovenia, or Bulgaria. Time passes. Everyone is happy. Right? Well, maybe.
Many companies are finding that their goals are not being met in a consistent way. Issues [...]
A question many executives are asking is “how can we tell whether our offshoring efforts are delivering value to our company?”
While you pay offshore vendors much less than what you would be paying a U.S. vendor, some members of your staff complain that offshore productivity is really low, that 2 or 3 offshore personnel are [...]
Summary
Offshoring processes in the Banking and Financial Service sector, like most industries, is an accepted and widely adopted way of doing business. In the 1990’s the Financial Services sector quickly embraced offshoring in particular in the back and middle office. This early enthusiasm focused on standard, repetitive transactional processes such as credit card processing, and [...]
