business setup in dubai -

Offshore Company Formation

What is an Offshore Company?

An offshore company is a legal business that is established with the intention of operating outside its registered jurisdiction or location of ownership. In the majority of cases, offshore companies do not need to occupy physical office space, but in turn, cannot undertake extensive any business activities in the country of its origin. when setting up your offshore company.

Offshore companies can be created and owned by individuals or institutions, and shares can be easily and freely transferred by a written instrument.

Offshore company formation in Dubai is a fast-growing sector of new business setup in the country. It is typically built with provisions to minimise or eliminate taxes associated with property sales, capital gains, value-added tax (VAT), death duties, and profits on business earnings.

For investors looking at offshore company registration in Dubai, favored considerations include the ability to create or maintain wealth, hold or protect property and other assets, and offer international trading, contracting and consulting services from a single location.

Advantages of Setting up an Offshore Company in UAE

  • No trade barriers or any other foreign exchange controls

  • Complete ownership of your company

  • Shareholders or directors not required to register their details and name for public record

  • Ideal place for international trading, legally exempt from corporate tax

  • Easy to setup corporate bank account in UAE

  • Complete Ownership of the Company

  • Exemption from annual accounting and other tax obligations

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