dubai offshore company formation 

By | July 8, 2015
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Dubai Offshore Company Formation

Dubai Offshore Company Formation

Dubai offshore company formation is a real first step to form a company in Dubai. Because, it is one of the best methods for asset protection and tax optimization. Jebel Ali Free Zone Authority is the supervisory authority for Dubai Offshore company incorporation. There for, The authority of the free zone allows and guides the offshore company formation in Dubai.

Dubai Offshore Company Formation

Dubai offshore company formation are mostly, use for an investment purpose; real-estate holding purpose or as a holding company. So, we can use Dubai offshore company for investment in local business; Also, Free Zone business and for international trading activities.

Jebel Ali Free Zone Authority doesn’t allow individual or corporate entity to incorporate an offshore company in Dubai directly. There for, only a register agent can open Dubai offshore company. Furthermore, Dubai offshore authority have some approve agent for Dubai offshore company formation. Offshore company Dubai uses the office address of register agent. Furthermore, clients can also, go to the sub agents of register agents for Dubai offshore company formation.

Advantages of Offshore Company Formation in Dubai

Offshore company formation in Dubai offers similar advantages; as other offshore company jurisdiction offers. Also, Dubai offshore offers some extra benefits that is, unique to Dubai. Some of them are underneath.

  • Tax optimization. That is, offshore company registration in Dubai is 100% tax free.
  • Asset holding. That is offshore company formation in Dubai is use to hold asset.
  • 100% foreign ownership is allow in Dubai offshore company.
  • Asset protection, that is offshore company incorporation in Dubai is use to protect your asset.
  • Complete anonymity and privacy, due to offshore company in Dubai.
  • Exemption from all import duties, due to offshore company in Dubai.
  • Freedom from corporate taxation.
  • Low setup costs for offshore company formation in Dubai.
  • No office requirement and accordingly, there are no employees and associative costs.
  • Trade financing. That is, signifies financing for trade, and it concerns only international trade transactions
  • There are no foreign currency restrictions.
  • UAE has Double Taxation Avoidance Agreements (DTAA’s) with several countries. That is with currently more than 40.
  • Dubai offshore company allow to hold multi-currency bank account.
  • There is no public register of company officers for offshore company.
  • There are no foreign currency restrictions.
  • Succession planning. That is, increases the availability of experience individuals.
  • Trading in high risk instruments.
  • Full repatriation of the profits and capital allow for offshore company in Dubai.
  • Ship and aircraft registration.
  • There are no foreign currency restrictions.
  • Dubai offshore company are completely secure. So, provide complete security.

Features of offshore company formation Dubai

  • Limited Liability Company (LLC).
  • Bearer shares are not allowed.
  • It must have an approved registered agent either within the Free Zone or in the state of Dubai.
  • Issue of shares of only one class allowed. So, multi class share are not allow.
  • It requires appointing of shareholder, Directors, Manager and Secretary.
  • It has requirement to have accounts audited on annual basis.

Activities of Dubai Offshore Company incorporation

  • First of all, Offshore company in Dubai are allowing to open bank account in the UAE.
  • Dubai offshore companies are allow to have contacts with lawyers, accountants, legal consultants and auditors.
  • Offshore companies are allowing to held directors and shareholders meeting within the UAE.
  • Dubai offshore company can act like corporate shareholders in a Free Zone company or in a mainland company.
  • Offshore company incorporation in Dubai can carry out international trading.

Reasons for Dubai offshore company setup

  • First of all, There is no personal income tax or corporate income tax on a Dubai offshore company.
  • No capital requirements. That is Dubai offshore company formation doesn’t requires share capital.
  • Dubai offshore company registration builds a good image of the entity to its clients.
  • Good secrecy and security for a Dubai offshore company formation.
  • There is no public register of directors and shareholders.
  • Dubai offshore company formation is easy to incorporate and free of troubles.
  • Offshore companies setup in Dubai can get an offshore account in Dubai.

Our main Services : Ajman offshore company | Jafza offshore company | RAK offshore company formation |

Activities restriction of Dubai Offshore Company

  • Through Dubai offshore company you cannot do any business within the UAE. Because, it’s a nonresidential company.
  • Dubai offshore company cannot own real estate property in the UAE, other than freehold area.
  • Offshore company in Dubai cannot do business relate to banking. That is, opening bank, insurance company etc.
  • Furthermore, Dubai offshore company does not allow, to do business as an insurance company, insurance agents or insurance brokers.
  • Finally, offshore company Dubai cannot carry on with activity which are ban.

What we offer for Dubai offshore company formation

Offshore company advisors are specializes in the Dubai offshore company formation. We are experience with offshore company formation in Dubai, Thus, providing services for offshore company registration.

  • First of all, for Dubai offshore company formation we provide register Office with PO Box.
  • We provide register agent for offshore company formation in dubai.
  • Preparation of Memorandum and Articles of Association
  • We create registration forms. So, you don’t need to go and run behind the authority.
  • Preparation of Incorporation certificate
  • We provide assistance for opening multi-currency bank account
  • Filing with the registrar of companies
  • Choosing appropriate jurisdiction for offshore company formation. That is, Jafza, Ajman or RAK.

Dubai Offshore Company Registration | How to register an offshore company in Dubai?

First of all, offshore company formation in Dubai is control and watch by Jebel Ali Free Zone Authority. Jebel Ali Free Zone is the leading Free Zones in the world. The Free Zone oversees all the offshore company formation processes in Dubai. If you’re seeking dubai offshore company formation as a solution for your asset protection or for tax planning purposes. Then, we offer a wide range of services to assist you in the formation of an offshore company.

Clients, who want an offshore company formation in Dubai; there for, they need to go through the register agents to proceed with the company registration process. So, it’s important to know that clients cannot directly contact JAFZA authority for Dubai offshore company. So, clients have the option to contact these agents directly or their sub agents. The JAFZA agents generally offer company formation services such as business consultancy services, legal services, auditing services etc. Cost of offshore company formation in Dubai mostly, depend on agent you are dealing with. And also, the type and quality of services you may require. The incorporation of an offshore company is not a straightforward or easy task. So, let us take care of the legal and the paperwork end of things.

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