Skip to main content

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 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.


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, 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
Labels:

Comments

  1. Anonymous18 April 2022 at 02:42

    The excellent information is provided in this article. I can learn more about company formation in Dubai UAE. Thanks for sharing.

    ReplyDelete

Post a Comment

Popular posts from this blog

How does Managerial Accounting differ from Financial Accounting ?

Managerial accounting aims on creating future projections for segments of the corporate however money accounting aims on providing historical money information’s to outside users. The Reports ready by social control accountants embrace operational budgets and value estimates for existing product, budgets for brand spanking new product lines, and profit and loss reports by division. The social control controller reports on to the controller and assists in making ready info used for higher cognitive process inside the organization. The money controller reports on to the controller and assists in making ready money info. The two vital functions that change management to continually set up for the forthcoming and assess implementation square measure known as coming up with & management. Managers of most organizations frequently set up for the longer term, and when the set up is enforced, managers assess whether or not they achieved their goals. Coming up with is that the me...
1 comment
Read more

These UAE residents can get long-term visa

These UAE residents can get long-term visa These UAE residents can get long-term visa The decision aims to maintain the position of the UAE as a country having optimal business environment.  The UAE Cabinet on Saturday approved the recently announced long-term visa system, which includes 10-year residency visa for investors and specialists and five-year visa for exceptional students. The decision of the Cabinet will facilitate visas for investors, entrepreneurs, specialized talents, researchers – including their spouses and children – and create an encouraging environment for the growth of business for investors, entrepreneurs and professional talents. The decision includes the terms and conditions for obtaining long-term visas for all the above-mentioned categories as well as outstanding students to attract talents in all vital sectors of the national economy. The visa benefits for the family ensures a cohesive social structure that will create a sti...
Post a Comment
Read more

Tourists to get refund on VAT from November

ALL NON-UAE RESIDENTS ABOVE 18 YEARS OLD WILL BE ELIGIBLE FOR TAX-FREE SHOPPING. The UAE looks set to put an up-to-date system in place for VAT refund to millions of tourists from November. The  VAT refund  system will be initially available at Abu Dhabi, Dubai and Sharjah airports and by year-end, it will be extended to 12 exit points, including the land borders and ports, it is learnt. Federal Tax Authority (FTA) and Tourist Refund Scheme operator Planet have issued guidelines setting a minimum limit of Dh250 to claim VAT refund. Planet said all non-UAE residents above 18 years old will be eligible for tax-free shopping. According to its website, tourists will be able to validate their tax-free forms at Dubai International, Abu Dhabi and Sharjah airports until December 16 whereafter the system will be in place at nine more locations - Al Maktoum airport, Abu Dhabi Port Zayed, Al Ain Airport, Al Ain land border, Fujairah Airport, Ras Al Khaimah Airport, Al G...
Post a Comment
Read more