Why Set up Dubai Offshore Company?
An uprising of the Free-Zone authorities, the idea of an “Off-Shore” company in the UAE is a flexible business entity which allows for a combination of On-Shore and Off-Shore business structure.
Registered within a Free Zone, the Offshore Company has numerous of the benefits of a standard Dubai Free-Zone Company
An Off-Shore company can carry its business outside of the UAE – but generally not within the UAE.
However, Dubai offshore company can open and operate bank accounts in Dubai , can hold investments in UAE or outside of the UAE (Jabel Ali Offshore company) and can also hold real estate in Dubai however in certain designated areas (which are approved by the Free Zone registrar). Income resulting from its investments including real estate (rents etc) can be held in the company bank account and repatriated thereafter.
Same as other UAE Free zone Companies, there is no minimum capital requirements for setting up and offshore company in Dubai.
A minimum of 1 directors (maximum of 5) are required, for offshore company setup in Dubai a Shareholder(s) may be either natural persons or corporate entities.
Key benefits of the Offshore Company Formation in Dubai – UAE
- Offshore company registration in Dubai can be done in Short set-up time
- For Dubai offshore company formation the is no requirement for an office in Free-Zone
- Dubai offshore company can be 100% ownership by Expatriates
- No currency restrictions if you have offshore company setup in UAE.
- All income and profits may be repatriated under offshore company formation.
- No corporate, personal or capital gains tax you can say zero tax in offshore company
- Tough corporate privacy of all UAE Offshore companies
- Offshore company formation will provide you great banking service in Dubai as you can Open and operate bank account in the UAE
- Dubai Offshore able to own property in Dubai (JAFZA OFFSHORE COMPANY)
- Offshore Company in Dubai does not provide any sort of residency visa.
- Under Dubai offshore company can own investments inside and outside of the UAE.
- Dubai offshore company setup will provide you liberty to Invoice international Clients
- Offshore Company in Dubai can Own Mainland or Free Zone Companies within UAE
In our professional opinion, a Dubai Offshore Company is an outstanding corporate structure because:
- A Dubai Offshore Company is zero tax or tax-free or
- A Dubai Offshore Company setup portrays a good image to your Clients and suppliers;
- There is no public register of shareholders and directors;
- A Dubai Offshore Company setup is fast to incorporate.
However, our Clients should keep in mind the following:
- Dubai Offshore Company formation is not allowed to trade in the United Arab Emirates (UAE);
- Dubai Offshore Company cannot rent local premises in the UAE;
We are the offshore company service provide for JAFZA, RAKIA & RAK TRADE FREE ZONE and provide full range of registered agent services including significant registered address for your offshore company