Classification of offshore zones
September, 30 2021

There are several classifications of offshore zones, depending on the applied criterion. On the territorial (or geographical) basis, the following offshore zones can be distinguished:
1) European region;
2) the Mediterranean region;
3) Southeast Asia region;
4) the Caribbean region;
5) Pacific region.
Also, according to the indicated criterion, offshore zones can be grouped into: island and mainland offshore zones. According to the applied tax system (the size of the tax rate), the following offshore zones can be distinguished:
1) with high taxation;
2) with low taxation.
The classification of offshore zones can also be made by the names of countries implementing offshore policies: Liechtenstein, Singapore, and etc.

Alexander Mishchenko
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