Offshore Services

The economy in the UAE is on the riseThe policies and decisions don’t change with a shift in power, which brings a more politically stable environment for a business to grow and thrive. The government is particularly focusing on the non-oil sectors.

The administration is giving additional impetus by providing better infrastructure and formidable policies for forthcoming entrepreneurs to provide good conditions for their business to prosper in the UAE.

Dubai is the rapidest rising emirate state, especially in travel and hospitality sectors. There are numerous duty exemptions that are still followed in UAE. The zero-tax policy continues to
make Dubai a lucrative destination for business to thrive. Individuals and businesses globally thereby eye Dubai as a preferred location to setup their Offshore companies for positive growth.

If the vision is clear then the objectives can be easily achieved

-His Highness Sheikh Mohammed Bin Rashid Al Maktoum

“UAE, Vice President
Prime Minister & Ruler of Dubai”

However, Offshore Companies in UAE are not be mistaken for UAE Free Zone organizations. An Offshore Company is a lawful business entity that works for-profit work outside the country of its registered location. However, there are certain limitations for setting up this type of a company in Dubai.

Some limitations include –

  • These types of companies are knows as “Non-Resident Companies” or “International Business Companies”. Shareholders of such companies do not get a visa for UAE.
  • Being NRC, these companies are not allowed to conduct manufacturing, professional services or trading activities on Dubai soil.
  • These companies are only offered a “Certificate of Incorporation”
But you can set up an Offshore company for
Tax Benefits
Protection of corporate assets
Overseas expansion opportunity
Some key advantages of setting up “Offshoring Companies” include –
  • Right of privacy
  • Attractive tax rates
  • No regulation on repatriation of revenues and profits
  • Quick regulatory proceedings. An offshore company can be incorporated and registered within 3 days
  • No requirement of a local partner. This gives 100% ownership of the company
  • Duty free environment
  • No mandate for a physical office address. A virtual office is also acceptable
  • Low cost of maintenance
  • Access to the modern infrastructure facilities in Dubai
  • Tax benefits. No mandatory tax audits
In the UAE there are three Offshore wards
01.  Dubai Offshore Company / JAFZA Offshore Company
02.  Ras Al Khaimah Offshore Company
03.  Ajman Offshore Company
Offshore Company Formation – FAQs

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