A8C Software ABC Software is a producer of educational software for children bel

Question

A8C Software ABC Software is a producer of educational software for children below the age of twelve the company has operations in Switzerland and would like to expand its foreign operations with a now facility in China. ABC Software has had difficulty obtaining funds to expand A friend of the CEO recommends that the company should explore an offshore financial counter, which. a country or territory whoso financial sector features very few regulations and few. if any. taxes tends to be characterized by political and economic instability making, it is an inexpensive but risky source of funds typically lends money to companion that have had difficulty getting financing elsewhere because of poor credit records is a financial center legated in a resort community and is characterized by poor telecommunication infrastructure

Explanation / Answer

AN OFFSHORE FINACIAL CENTRE IS A COUNTRY OR TERRITORY WHOSE FIANCIAL SECTOR FEATURES VERY FEW REGULATIONS AND FEW , IF ANY, TAXES.

THERE ARE SVERAL FAMOUS OFC INCLUDING SWITZERLAND, SINGAPORE, PANAMA, LEBANON AND IRELAND ARE FEW OF THEM.

Related Questions

Navigate

• Browse (All)
• Browse A
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.