offshore

Definition

Located or operating away from the coast, especially out at sea or in a foreign country with favorable tax laws.

हिन्दी तट से दूर स्थित या संचालित, विशेषकर समुद्र में या कर कानूनों के अनुकूल विदेशी देश में।

Example

"The company moved its headquarters to an offshore financial center to reduce taxes."