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What is onshore and how does it differ from offshore?
If many people have heard the word “offshore”, then what is an onshore or onshore company is little known even in the narrow circle of businessmen. This concept is very rarely heard in the news and hardly ever mentioned in the media, which has contributed to the informational vacuum around “onshore”. It is important for businessmen who carry out or plan to carry out activities in foreign jurisdictions to use narrowly-specialized terms. As it will help to better understand the peculiarities of international business.