With so many business structures to offer, a Dubai offshore company is another good option for incorporating a business in the United Arab Emirates. From the highest level of asset protection to tax exemption, Dubai is an ideal place for setting up an Offshore Company. Dubai offers incorporations in Jebel Ali Free Zone, RAKIA Free Zone and Ajman offshore. Also known as International Business Company, this business form functions just like another company, with the difference being of tax benefits, confidentiality, security, and privacy. However, an offshore company is mostly for invoicing international clients, asset protection, holding shares in another firm and maintaining a corporate bank account. This business type is ideal for the businesses that do not require an office space such as passive investment activity (holding shares in a company, real estate, or trading outside the United Arab Emirates).
Simply put, Offshore refers to registering, managing and operating a business in a jurisdiction outside its own jurisdiction, often with legal, financial and tax benefits. This Company is also known as an international business company (IBC) or Non-Resident Company. Like other business structures, a company may enter contracts, sell and purchase products/services, and open bank accounts.
The concept of an Offshore Company in Dubai is similar to other locations in the world. However, rules and regulations may vary from place to place. Some of the features and characteristics of forming an offshore company in Dubai are:
While there are many advantages of incorporating an offshore company ion Dubai, there are some limitations as well.
Since its inception, ExecPro has worked on easing the complex registration and formation process in Dubai by offering hassle free offshore company formation.
Our hassle free services are designed to save the precious time and efforts of our clients. From start to finish our professionals will be there for you, guiding and assisting you on all that is required to form an offshore Company in Dubai. For more, please get in touch with us today.