Onshore

This article is about finance. For onshore winds, see sea breeze. For land-based fossil fuels, see Onshore (hydrocarbons).

Onshore is a term used in finance to denote the jurisdiction in which a company is domiciled and in which it pays a significant rate of tax. It is the opposite of offshore, which denotes a tax haven. Generating profits offshore may have certain tax advantages for companies.

Onshoring used in resource management to denote the "legal" importation and exploitation of foreign low cost labor resources for domestic work or engagement of low cost domestic resources for example rural outsource or onshore resource.

Onshore can also be defined as: coming or moving from the water toward or onto the shore <an onshore wind>. Commonly used in surfing for Blown Out: where the onshore wind turns the surf in to unrideable mush.

External links

• http://www.globalreserve.co.nz/
• http://www.merriam-webster.com/dictionary/onshore
• http://www.surfing-waves.com/surf_talk.htm