Offshore Company Formation

Offshore Company Formation

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.

Why set up an offshore company in Dubai?

Complete foreign ownership is permitted
Own real estate properties in approved areas by the Authority
Hold multi-currency bank accounts
Exempted from all corporate and income taxes
No foreign currency restrictions
100% repatriation of the profits and capital
Low setting-up costs
Minimum or no capital is required to set-up offshore company
UAE has Double Taxation Avoidance Agreement (DTAA) with several countries

Offshore companies can be formed only through the “Registered Agents”, located either in the free zone or UAE and approved by the respective authorities.

We can form the offshore companies in all the UAE offshore jurisdictions.