Category: Offshore company formation in UAE

Offshore Company Formation UAE

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Offshore company formation UAE

An offshore company is regarded as a legal business set up with an offshore tax haven which is shielded by explicit legislation. The Offshore company formation  UAE ensures special status for those companies that are formed under the jurisdiction. An Offshore company in Dubai is given full tax evasion and operates under high level of privacy and security.

Dubai and Ras Al Khaimah are the only two offshore jurisdictions of UAE. Both these jurisdictions offer identical services, but just differs in terms of strategic objectives of both distinct jurisdictions .

Offshore Company Formation can be of three types-

Offshore Company Formation in Dubai

Offshore Company Formation Dubai -When you want to open Offshore Company in Dubai, Jafza – under Jebel Ali Free Zone Offshore Companies Regulations 2003, allows the formation of an offshore Company by individuals or corporate bodies, as a non-resident company, having a corporate legal entity. These offshore companies enjoy all the advantages of other international offshore company formation. It is also important to note that Dubai has Double Taxation Avoidance agreement with more than 40 countries.

 

Offshore company formation in RAKOffshore Company Formation in RAK, UAE– Ras Al Khaimah Investment Authority launched an offshore facility in 2006, by passing of Ras Al Khaimah Investment Authority’s International Business Companies Regulations 2006 – also called RAK Offshore. Legislation and regulations adopted by the Free Trade Zone Authority favor big international interest for Offshore Company Formation. Rak Offshore Company Formation allows any non-resident individual or corporate to open a company in RAK as an offshore entity.

 

Offshore company formation in JAFZA

Offshore Company Formation in JAFZA, UAE– Jafza is one of the largest and rapidly growing freezone of the world and it is home to about 6400 companies from all over the world. It is a place with great business prospects for upcoming investors in the region. An offshore company formation in Jafza is highly desirable and has a sophisticated process with a lot of legal complexities and documentation .

Benefits of Offshore Company Incorporation:

  • 100% foreign ownership, there is no need for a UAE national to be a shareholder or sponsor
  • Exempt from corporate and income taxes.
  • No foreign currency restrictions.
  • Full repatriation of profits and capital
  • Setting-up costs are less than that of an onshore Company
  • No physical office needed, therefore, no employees and related costs
  • Minimum capital requirements
  • Own interest in real estate (as approved by the relevant authority) in the UAE and can act as a Holding Company                                                                           If you are looking for an offshore company formation, then we as expert business advisors can do this job for you with full professionalism and as per your satisfaction.                                                                                                                                                                                               For more details visit :http://www.namaccountants.com/offshore-company-formation.html                                                                                                                                                            or                                                                              Contact us :       http://www.namaccountants.com/contact-us.html

 

UAE Offshore Company Formation

offshore company formation in uae

Firstly it portrays a good image within the minds of clients and suppliers. Secondly, the method of setting up is straightforward and therefore the greatest asset is that it’s tax-free in nature. It will be maintained as a confidential entity and a company bank account may also be opened by a UAE Company.

A UAE offshore cannot use workers within the UAE. It cannot conduct any business activity, it also, must appoint a registered office within the country premises and last however not the least important issue is it needs to submit its audited financials to the UAE government. Offshore company formation in UAE is a complicated method. First of all, some international tax procedures and legal processes are involved in it. The method of setting up a company at the base of the country is that the necessary side. A direct access to the company assets of the company as well as building a complete image within the emerging markets need to be ascertained. It’s a matter of privacy and status of the company. It permits funds to be transferred from the geographical boundaries of 1 country to the other country and there’s a considerable reduction in paperwork also.

They generally need the same documents that are needed for setting up a domestic company. It’s widely suggested that we take the help of workplace having its presence in UAE because of its familiarity with the local laws. First, of those entire agencies do an initial consultation, then they adopt a method of due diligence. When doing the groundwork the necessary documents are incorporated that are basic to the formation. Then a registered office of the company is set up along with the formation of a registered agent. Finally, we return to the final stage in the method wherever the requisite payment fees are done and then the company is finally registered.

an offshore company formation in UAE is a relative method however the only drawback is that it will be set up in a country, which encourages such an offshore company formation. in fact, it’s a matter of great privilege and some extent noteworthy is that countries like UAE have inspired this and the results are there to be seen.

Nam Associates offering the business consultancy services like offshore company formation in UAE, company set up in Dubai etc.

Offshore Company Formation in UAE

offshore company formation

Dubai Offshore company formation is one of the best methods for asset and tax savings. The Offshore company formation in Dubai, UAE ensures a special status for those companies that are formed under the jurisdiction.

Benefits of offshore company Registration

Dubai company setup can also be used for in free zone companies and for international trading activities. The Dubai offshore company formation has some benefits. Some of them are listed below,

  • Reduce risk
  • Manage risk
  • Maintain privacy
  • Protect assets
  • Reduce costs

Types of Company Registration

There are different types of registration available for offshore company formation in UAE. We can suggest the best offshore company registration suitable for your business.The types are,

  • Offshore Trust Registration
  • Offshore Company Registration
  • Offshore Partnership Registration
  • Private Foundation Registration

Reasons for Using Offshore Companies for Business

  • Reduced taxation
  • Free remittance of profits
  • Access to tax treaties
  • Foreign investment inducements
  • Government cooperation
  • Availability of offshore experts
  • Customs and duty exemptions
  • Tested legal systems

free zone company formation

Offshore Company Formation in Different way

Offshore Company Formation can be of three types,

Offshore Company Formation in Dubai:

If you want to open Offshore Company in Jafza – under Jebel Ali Free Zone Offshore Companies, allows the formation of an offshore Company by individuals or corporate bodies, as a non-resident company, having a corporate legal entity.

Offshore Company Formation in Dubai:

Offshore Company Formation in RAK, UAE:

Offshore company formation in RAK has a simple but detailed process. The Rak Offshore Company Formation allows any non-resident individual or corporate to open a in RAK as an offshore entity.

ffshore Company Formation in RAK, UAE:

Offshore Company Formation in JAFZA:

An Offshore company formation in Jafza free zone is a lot of legal complexities and documentation. If you are searching for Jafza offshore company formation in Dubai, then we as business advisors can do this job for you with full professionalism and as per your satisfaction.

Offshore Company Formation in JAFZA

Read more visit: http://www.namaccountants.com