Offshore A-Z is a digital repository of companies operating across major tax havens. Offshore A-Z exploits the inscrutability of such companies to speculate on their possible nature and intent. Each company listed on here is real, but the information surrounding these consist of both actual records, obtained by dmstfctn, and speculative images and mission statements, generated by algorithms.

Tax havens, or secrecy jurisdictions, employ laws and corporate regulations different from those of most jurisdictions, using secrecy as a prime tool. Furthermore, the agents operating offshore on behalf of clients elsewhere have been observed by dmstfctn to willfully introduce mistakes in the records held on the companies they help forming. (Offshore Investigation Vehicle)

When offshore companies are but a bundle of papers held in private storages, these practices contribute to a number of possible configurations of any given offshore company, whose records are at once factually correct and conveniently flawed.

Offshore A-Z plays with the idea that truth is not one nor static, and that it does not need to be upheld equally at all times or in all fora.

Obtaining the data

The data contained within Offshore A-Z comes from a number of sources. Prior to the Offshore Leaks, the snippets of information available on offshore companies were largely confined to the outdated online registrars kept by tax havens, as an empty gesture towards transparency. Employing data scraping techniques, dmstfctn extracted records on hundreds of thousands of companies appearing in a number of such registrars.

Yielding varying amounts of information, and naturally full of gaps - sometimes full company details and descriptions, sometimes little more than a name - the records were cross referenced with data from the ICIJ’s Offshore Leaks as well as Financial Secrecy Index scores from the Tax Justice Network, and compiled into a single searchable database.

Training the algorithms

Algorithms were then trained to fill in the gaps in information. Using keywords from the company’s records as a trigger, the algorithms associate images with each nondescript company and complete missing fields by guessing possible incorporation dates or by generating corporate mission statement via a simple neural network. The coherency and accuracy of the neural network is directly undermined by the opaque source material, or incomplete input records. Finally, companies previously named in the Offshore Leaks ( for example) are hyperlinked to the relevant entry on the ICIJ database, allowing user to investigate further.

Compiling the template

The resulting information is autonomously built into a Web 2.0 page, employing a visual grammar similar to that used by existing registrars of companies. However, under intense scrutiny, the template mealts away revealing warm hues and floating forms.

This cycle of actions is repeated for each unreleased company found in the database and publicly announced by a Twitter bot.

Zooming in

Among the companies listed on the Offshore A-Z, a few appearing to be embedded in complex offshore vehicles were further investigated, resulting in three stories focusing on the funding behind Leave.EU, the corporate tax-avoidance of Barclays and the colonial origins of HSBC.

Offshore A-Z is a project by dmstfctn.

THE ISLES DEVELOPMENT N.V.

Company Name THE ISLES DEVELOPMENT N.V.
Date of Registration 3rd October 2006
Company Objective A. TO DEVELOP LAND FOR THE BUILDING OF CONDOMINIUMS AND HOTELS, AS WELL AS TO (PROCURE) TO BUILD THE ABOVE-MENTIONED CONDOMINIUMS;
B. TO (PROCURE) TO BUILD, (PROCURE) TO RENT, (PROCURE) TO LEASE, (PROCURE) TO ACQUIRE, OWN, ALIENATE, MANAGE, AND ADMINISTER HOUSES IN GENERAL AND TO MANAGE THE RIGHTS AND INTEREST WITH REGARD TO IMMOVABLE PROPERTIES AND RIGHTS;
C. TO ACQUIRE, OWN, ALIENATE, MANAGE, DEVELOP, LEASE, PACK AND MORTGAGE, OR OTHERWISE ENCUMBER MOVABLE AND INMOVABLE PROPERTIES AND EXCLUSIVE RICHTS THERETO, OR INTEREST IN IMMOVABLE PROPERTIES;
D. TO MEDIATE IN THE TRANSACTIONS FOR MOVABLE AND INMOVABLE PROPERTIES;
E. TO COOPERATE WITH, TO PARTICIPATE IN, AND TO TAKE OVER, TO CONDUCT MANAGEMENT ON AND TO SUPERVISE OTHER CORPORATIONS AND ENTERPRISES, AS WELL AS TO (PROCURE) TO FINANCE BY MEANS OF GIVING SECURITIES, OF OTHER ENTERPRISES, IN PARTICULAR TO WHICH THE CORPORATION IS RELATED;
F. TO RESEARCH, EVALUATE, ADVISE WITH REGARD TO REQUIRING REAL INMOVABLE PROPERTIES, AS WELL AS INDUSTRIAL AND COMMERCIAL COMPANIES, SUCH AS FOR THE ACCOUNT OF THE CORPORATION AS FOR THE PARENT COMPANY, ALLIED COMPANIES OF THIRD PARTIES;
G. TO REQUIRE, OWN, MANAGE, SELL, EXCHANGE, DELIVER, HANDLE AND INVST IN AND ALIENATE OF SHARES, DEBENTURES, FUNDS, ORDER PAPERS, BONDS AND OTHER ASSETS, TO ISSUE LOANS AND IN ANYWAY TO GIVE SECURITY, AS WELL AS TO LEND OUT MONEY;
H. THE TRADE IN, INCLUDING THE WHOLESALE TRADE, AND THE INTERMEDIATE TRADE TRADE AND FUTURES TRADE AS WELL AS TO IMPORT AND EXPORT RAW MATERIALS AND FINISHED PRODUCTS OF WHATEVER NATURE AND UNDER WHATEVER NAME.
I. TO PERFORM ALL THAT IS RELATED TO THE FOREGOING OR WHICH IS CONDUCTIVE THERETO, ALL IN THE WIDEST SENSE OF THE WORD.
Country
aruba
Financial Secrecy Index [more info] 68
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