Complete tax exemption, no currency regulations, no import or export taxes, income taxes, corporation taxes, or even personal taxes.
With 100% returns from capital and earnings repatriation, offshore company formation in Dubai also offers the advantage of 100% foreign ownership.
Investors benefit from professional anonymity and financial confidentiality. Moreover, international transactions are made hassle-free with offshore business establishments.
Wondering how much does it cost to set up an offshore company? Minimal capital requirement and flexibility on having an office, offshore companies are most cost-effective!
Offshore company setup in the UAE can have a non-UAE, UAE, or corporate citizen as the shareholder.
Incorporating an offshore company allows international banks to make deposits in UAE bank accounts.
Also, there is no obligation for the shareholder/director to be available in the UAE during the time of offshore company incorporation.
Likewise, offshore company formation in Dubai does not require shareholder to attain a UAE residency visa.
Offshore business in the region can benefit by acting as a holding company. Meaning although they do not engage in any trading activities but can hold shares or assets of other subsidiary companies.
With the rise of offshore company setup in UAE, the country has become a global economic hub for investors across the world. An offshore company conducts its business processes outside of the original location of the registration. Investors might open offshore companies in Dubai for multiple reasons like to save taxes, generating higher revenues, and a 100% return on investment.
Avyanco is the reputed business formation advisory working across UAE to help foreign investors open their businesses effortlessly. Offshore company setup becomes easy when your hire experienced business consultants. Book a free consultation with team Avyanco for a successful offshore company setup in Dubai.
The benefits are endless when you open an offshore company in Dubai. These jurisdictions do not impose corporate or income taxes on the company owner. Rather, offshore companies are considered beneficial since they allow 100% foreign ownership to the investors. In addition to that, businesses are allowed to open multi-currency accounts in the UAE and conduct worldwide commerce.
Ajman Free Zone (AFZA), Jebel All Free Zone (JAFZA), and Ras Al Khaimah (RAK) are the three tax-free jurisdictions in the UAE. Investors may choose among these jurisdictions for offshore company setup in UAE. Each jurisdiction comes with different benefits, characteristics, legal rules and criteria.
Offshore company setup is fairly easy in UAE since the government has actively been introducing corporate-friendly policies. However, there are some requirements for offshore company registration in Dubai that every investor must adhere to.
You can get your company licence in just a few days by diligently following the regulations that have been set forth. An offshore business in Dubai will conduct full-fledged services. Foreign investors are drawn to Dubai to start offshore companies due to various factors including:
To setup an offshore company in Dubai, UAE investors will have to submit the required documents to the concerned authority. Following are the documentation that you will need to provide to the DED.
For corporate shareholders:
For individual shareholders: