Offshore company
An offshore company — a state or territory included in the list of states and territories, providing a preferential tax regime for taxation and (or) not requiring disclosure and provision of information during financial operations (offshore zones) with respect to legal entities, approved in accordance with subitem 1 of item 3 of article 284 of the Tax Code of the Russian Federation1.
Federal Law No. 44-FZ dated 05.04.2013 "On the Contract System in the Field of Procurement of Goods, Works and Services for State and Municipal Needs", as amended on 28.03.2019, Article 3, subitem 4 // Official Gazette of the Russian Federation. 2013. No. 14. Item 1652. ↩