What is Offshore Company Setup?
UAE is one of the well-known jurisdictions in the world for incorporating offshore companies as “tax-free” business territory. Especially because one can avoid the cumbersome process of having the offshore incorporation company documents attested by various embassies and Ministries of Foreign Affairs. The offshore companies are based out of an offshore jurisdiction within the United Arab Emirates and can conduct business with all other parts of the world apart from UAE.
The company is allowed to hold assets within and outside the United Arab Emirates and are allowed to bank with banks in UAE and outside.
Fundamentally used for the minimization of taxation, protection of assets purposes, International Business Company (typically known as an Offshore Company) became the most attractive corporate structure for foreign investors. Offshore company setup is the mechanism of the first choice for the financial privacy, zero bureaucracy, low cost, security and property rights and foreign investments.
Offshore company registration in the UAE provides you with the real opportunity legally to raise profitability of your business, simplified reporting system, anonymity and confidentiality.
ADVANTAGES OF AN OFFSHORE COMPANY
100% foreign ownership
0% corporate and personal tax
A mainland can havAudit Report is not compulsorye more than one branch
Zero Bureaucracy & Streamlined Administration
100% repatriation of capital and profits
No restrictions on the directors'/shareholders' residency or citizenship
Personal presence is not required for company incorporation
Low cost of company setup and Quick Company Registration
No requirements for the minimum share capital
VARIOUS JURISDICTIONS IN THE UAE TO ESTABLISH YOUR OFFSHORE COMPANY
UAE offshore businesses is a tax haven like no other! Other major benefits of forming a UAE offshore company is that you can keep 100% of your profits, solely own the company and maintain complete business secrecy. The best jurisdictions for offshore company formation are mentioned below
DUBAI OFFSHORE COMPANY FORMATION
JEBEL ALI OFFSHORE COMPANY FORMATION
AJMAN OFFSHORE COMPANY FORMATION
RAS AL-KHAIMAH BUSINESS SETUP
We provide you complete assistance while registering an offshore company in Ras Al-Khaimah (RAK). We get you the incorporation certificates and other government approvals, so you can set up an offshore company in RAK easily. Our RAK offshore company formation packages makes it affordable. Get in touch to begin your company.