Onshore companies are classic foreign companies based in countries with a standard tax environment. Onshore society, unlike offshore companies do not locate their headquarters to tax havens, but resides in their home economies, where they are kept in the official trade registers. This type of company must pay taxes to keep accounts and send regular reports within the meaning of applicable legislation. Each country has its onshore competitive advantage, some offer a flexible tax rate, whereas others fixed low corporate tax. A nice example of Benefits are the existing agreements for the avoidance of double taxation and the possibility of billing services rendered from abroad to the Slovak company without withholding tax.