Offshore Company Formation In Dubai – UAE
Offshore company formation in Dubai – UAE allows 100% ownership and tax exemption for the shareholders
Offshore Company Formation & Registration
An offshore company is the most beneficial way to start or expand your business in Dubai – UAE. Since the emergence of offshore company formation in UAE in 2003, the UAE has become an ideal hub for businesses and MNCs around the world. Offshore companies are well recognized and duly supported by the UAE government. They not only receive tax and custom-free benefits but also other financial advantages. Due to this, the UAE has become one of the most dynamic countries for corporations to line up their headquarters. Being one of the fastest-growing in the world and proven to be one of the best spots to start a business, an offshore company formation in the United Arab Emirates provides for all basic and advanced amenities for business.
What is an Offshore Company?
Offshore company setup in UAE is the cheapest and easiest way to have an international business. An offshore company can be owned by individuals or corporate bodies and is a business entity that does not carry out any substantial business activity in its country of origin. Also known as a non-resident company, an offshore company cannot occupy office space in the UAE.
Such a company is framed underneath the no-tax jurisdiction law with the only real purpose of enhancing one’s wealth management and reducing any quite tax payment legally. There are several reasons for offshore company incorporation UAE, with the primary one being complete confidentiality over the financial matters and an increase in wealth without interruption.
Additionally, offshore companies have the provision of cutting down or eliminating different types of tax payments such as capital gains, death duty, value-added tax (VAT), profits on business earnings, property sales, etc.
Why Incorporation an Offshore Company?
Since the inception of offshore company formation in early 2003, the United Arab Emirates has quickly emerged as the business hub of choice in the Middle East region & is providing itself to be well placed to being one of the most dynamic and fastest-growing business and international financial centers worldwide.
- Registered Office with PO Box
- Preparation of Incorporation certificate
- Registered agent
- Preparation of Memorandum and Articles of Association
- Preparation of registration forms
- Assistance for opening multi-currency bank account
- Filing with the registrar of companies
Benefits & Feature of UAE Offshore Company Formation
If you’re looking to benefit from Offshore Company Formation in UAE, Just get in touch with a business service provider. At incomparable Business Setup Services, we pride ourselves on being one of the most effective offshore company setup service providers in the UAE.
The following are the benefits and features of UAE offshore company formation.
- Investors will hold 100% ownership in offshore company
- Confidentiality on ownership of the offshore company
- An offshore company will hold multi-currency Offshore bank account in Dubai, UAE and abroad
- UAE offshore company permit to hold properties in UAE and abroad countries
- A company will operate without any physical office but eligible to get a registered office
- Submission of the book of accounts or audited financials aren’t obligatory
- UAE offshore companies will act as a company in the UAE and abroad
- Offshore companies don’t have any minimum capital requirements
Fz Business Consultants are experienced and professionals in the business setup services. We have worked with all free zone authorities, mainland business setup, offshore authorities, government departments, and their respective requirements. We know all the formalities and requirements of all the company registration authorities and government departments in the UAE.
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Major Offshore Jurisdictions in UAE
Offshore Companies in UAE (International Business Companies) is a company which does not carry out any substantial business activities in its country of formation and is framed in the law of no tax jurisdiction to legally reduce any kind of tax payment.