Select your state

Business

offshoring

Offshoring is the practice of locating some of a company’s manufacturing, services, or other processes in a country other than the country where the company is based. Offshoring is typically done to access lower-cost labor resources, labor resources with specific skills, and infrastructure, such as manufacturing plants.

In Ohio, as in other states, offshoring is not directly regulated by state statutes but is influenced by federal laws and international trade agreements. Companies in Ohio may choose to offshore parts of their operations for various reasons, including cost savings and access to specialized labor. However, they must comply with federal regulations such as the Tax Cuts and Jobs Act of 2017, which has provisions affecting the taxation of foreign income and the repatriation of profits to the United States. Additionally, Ohio businesses must adhere to trade agreements like the United States-Mexico-Canada Agreement (USMCA), which can impact tariffs and trade conditions related to offshoring. While offshoring can lead to cost savings for companies, it may also result in local job losses, and thus, it is sometimes a topic of political and economic debate within the state.

Legal Articles

State Statutes

Talk to an Attorney

Legal Articles

There are currently no articles in this section.

State Statutes

Ohio State Code

Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.

LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.

The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.

You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.

The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.

Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.

We have updated our Terms of Service, Privacy Policy, and Disclosures. By continuing to browse this site, you agree to our Terms of Service, Privacy Policy, and Disclosures.