Offshores are one of the best alternatives for businesses in different countries that want to have a headquarters in another country. It’s a great way to get rid of unnecessary taxes (given that your headquarters are in a tax-free country like the UAE), access your funds and move them around easily in a legal manner and overall have fewer hassles in maintaining your business.
Before we get into the how’s and what’s, let’s figure out what an offshore company is. An offshore company is a business or organization that is operated outside of its original country. It can be owned by an individual or have multiple investors, shareholders or partners. The business activities of an offshore company is performed outside of its jurisdiction.
UAE offers a hassle-free, affordable, and tax-free offshore company formation. It has also proved to be a trustworthy country for business owners. With its various benefits, UAE offshore has become a reliable, popular and dynamic platform for companies and investors to set up their businesses. UAE offshore companies are issued a certificate of incorporation, not licenses, hence company formations in any UAE offshore jurisdictions have become an easy process.
The two main and popular jurisdictions in the UAE are Ras Al Khaimah and Jebel Ali Free Zones. They are both tax-free and allow 100% foreign ownership. Bear in mind that offshore companies are not free zones.
Offshore companies can open a UAE bank account with multi-currencies to carry out their business internationally with the head of an office being in UAE. This gives the business owners full control of their funds.
Offshore jurisdictions have their own set of rules and so do the company registrations and handling. This is where we come in. UAE Company Registration saves your time by handling all your paperwork, setting up the business for you and making sure that you have no legal problems. All you have to do is sit back and relax as we handle your company set-up in the safest and easiest way.