There is a few GOOD aspects of offshore zones and financial secrecy laws which almost nobody takes into account. In authoritarian countries like Russia, corpor

There is a few GOOD aspects of offshore zones and financial secrecy laws which almost nobody takes into account. In authoritarian countries like Russia, corporate raids made by those who are close to law endorsement structures are pretty common thing. In order to do that, they often put high pressure to a company's owners. For them it's usually harder to put pressure on a company when it's not clear who are the owners. Another reason is that often authoritarian countries have ridiculous regulations regarding cross-border trading. So offshore company often is used as a shell company to facilitate easier cross-border trading. Sure, there is a big abuse of offshores but let's not forget that governments across the globe are not ultimate source of truth and goodness. If you turn down offshore zones, you will turn down many economies across the globe (especially economies of authoritarian countries which are at the bottom economic freedom rating). P.S. I lived 22 years in UZ, then 9 years in RU, now in NL.