An Offshore Company is a legal business entity that is set up with the intention of operating outside its registered jurisdiction and/or the location of its ultimate ownership. You shift your business operations to another country to enjoy the tax advantages and relaxed regulations that the country offers.
Generally, these offshore companies are formed in countries that levy very low or zero taxes on the capital gains of a company. The UAE is one such ‘tax haven’ that has steadily become a preferred offshoring destination for several businesses. Starting an offshore company in the UAE is an ideal and cost-effective way to expand your international business without overwhelming administrative obligations.
The offshare company setup involves an efficient timely incorporation process which allows you to benefit from; UAE tax policies, 100% foreign ownership, No paid-up share capital or audit requirement, multiple bank accounts. Moreover, an offshore company in UAE also provides confidentiality, anonymity of business, stable economy, reliable politics and ensures a high level of safety measures.
Navigate the path to successful business setup in Dubai with these five essential steps. From legal formalities to licensing, our guide simplifies the process for your entrepreneurial journey.
Seek expert advice to understand Dubai's business regulations and identify the most suitable setup for your venture.
Compile necessary documents, such as business plans and legal paperwork, in accordance with Dubai's requirements.
Apply for the relevant business license, specifying your business activity, which determines the legal framework you operate under.
Initiate the visa application process for yourself and your employees, adhering to Dubai's immigration regulations.
Open a business bank account to manage financial transactions and establish a local presence for your Dubai-based business.
Discover the investment required to launch a business in the UAE. Our breakdown covers registration fees, licenses, and operational expenses, helping you plan your entrepreneurial venture effectively.
