Offshore Spring/Summer 2018 is a limited edition collection of beachwear. The apparel is sold online by Empire Management Limited, a company at the top of the Offshore Investigation Vehicle, an international corporate structure set up to explore and model offshore finance.
The privileged status of the Offshore Investigation Vehicle, operating both onshore and offshore, allows it to secretly hide the untaxed revenue from the sale of the collection, maximising its profit and the returns for its investors. The goal of the business is to sell out, so that investors make a profit of 100% on their investment, while 0% taxes are paid.
The structural, tactical and financial steps which enable this are visually documented on the Offshore Spring/Summer 2018 apparel. The collection consists of 6 items of beachwear: 3 swimsuits, 2 pairs of swim shorts and a beach-towel. Each item’s visual motifs is explained in-depth on the online shop at empire.management, alongside metrics about investors’ returns and taxes avoided.
The business was voted for by Empire Management’s investors. A company resolution outlining the intents behind the business can be found at Companies House, the UK’s registrar of companies, where it was filed following the legal protocols.
A first share of the profit was distributed to investors on February 4, 2018 at the closing performance of transmediale festival in Berlin, DE.