Role For Economic Practice

 

Off-shore charts are based on the use of the possibilities given by made agreements about the exception of double taxation. In Russia, for example, it has got considerable development of practical worker of the use of offshores' companies for international investments. Branches and substructures are created in combination with the largest domestic financially-industrial groups and corporations. In the everyday's activity the last use plenty of offshore-firms. Off-shore charts all more frequent began to lean not only against the agreements of purchase-sale, but also on leasing commissions, trust, insurance in all legal forms of realization of difficult commercial transactions. Foreign off-shore companies are used in the process of the current and long-term financing of the Russian projects from abroad. In the charts of this type the specialized companies located in the areas of tax deductions are widely used usually. Last years the Russian banks and financial companies use the off-shore charts of activity in the world equity markets.

The multiplied role of offshores' charts is in forming the transnational economic systems, when off-shore firms are built into the network of external branches of the Russian enterprises. Off-shore charts are often aimed on overcoming of foreign tax barriers.