What is the difference between onshore and offshore company?
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Answer / priyanka
onshore company is the one that keeps the business process
in the company itself and utilizes partner to supply labour
and expertise for the completion of work.
Offshore company is the one which exports the
work/bussiness process to the areas where labour is cheap
or tax savings.In this case,the company provides the
necessary services.
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Answer / kavita
1) Onshore starts with "On" & offshore starts with "Off"
2) Offshore refers to the company that takes account of its
vessels (ships),etc. They also have clients for their
projects. The actual work that takes place in these ships
is considered to be onshore.
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