Offshore
Establishing an Offshore Company in Dubai
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Offshore companies, typically non-trading entities, are often utilized for asset ownership, like real estate and shares, due to their privacy and operational advantages, including financial, legal, and tax benefits in foreign jurisdictions.
While offshore companies can open bank accounts in the UAE, they are restricted from obtaining work visas or maintaining physical offices within the country.
Perks of Establishing an Offshore Business in the UAE
Taxation Benefits
Offshore UAE companies in areas like Ras Al Khaimah, Ajman, or Jebel Ali enjoy zero corporate and income tax, leading to significant tax savings.
Asset Protection
Offshore companies ensure privacy and asset protection by maintaining confidentiality, ideal for safeguarding assets.
Ease of Setup
Setting up a UAE offshore company is simple, saving entrepreneurs time and resources versus other jurisdictions.
Foreign Ownership
Offshore companies allow 100% foreign ownership, granting owners full control without requiring a local sponsor.
Confidentiality
Offshore UAE prioritizes privacy for shareholders and beneficial owners, appealing to confidentiality concerns.
Legal Stability
The UAE offers a stable legal and regulatory environment, providing assurance to offshore businesses and investors.