Dubai offshore company formation is a real first step; that is to form an IBC company in Dubai. Because, it is one of the best methods for asset protection and tax optimization. Jebel Ali free zone is the supervisory authority for Dubai Offshore company incorporation. There for, The authority of the free zone allows and as well as guide the offshore company formation in Dubai.
Dubai Offshore Company Formation
Dubai offshore company formation are mostly, use for an investment purpose; that is real estate holding purpose or as a holding company. We can use Dubai offshore company for investment in local business; Also, in a free trade zone business and for international trading activities.
Jebel Ali Free Zone Authority do not allow individual; as well as a corporate entity to set up an offshore company in Dubai directly. There for, there is a rule; that is, that only a register agent can open Dubai offshore company. Furthermore, Dubai offshore authority have some approve agent; that is for a Dubai offshore company formation. Offshore company Dubai use the office address of a register agent. In addition, 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 IBC offers. Also, Dubai offshore offers some extra benefits; that is, which is unique to Dubai. Some of them are the following.
- 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 as well as protect your asset.
- 100% owner ship; that is expat can get the 100% owner ship 0f a Dubai offshore company.
- Dubai offshore are allow to purchase, as well as sale property. And it is also allow to take owner ship of the property in UAE. (subject to the earlier approval of the land department).
- Complete anonymity and as well as a privacy, due to setting up an offshore company in Dubai.
- Exemption from all import duties, due to offshore company in Dubai.
- It is a 100% tax free; that is 0% corporate tax, 0% income tax as well as 0% VAT
- It has low cost of company set up.
- Offshore company setup Dubai is an L.L.C company.
- No office require; as well as there are no employees and associative costs.
- There are no foreign currency restrictions.
- Dubai offshore company allow to open a 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.
- Full repatriation of the profits and capital allow for offshore company in Dubai.
- A very well know Dubai address for an offshore set up.
- Dubai offshore company are completely secure. So, provide complete security.
Features of offshore company formation Dubai
- Dubai offshore is an LLC.
- It is a tax free off shore company.
- Bearer share are not allow in dubai off shore.
- It must have an approved register agent; that is either within the Dubai free trade zone or in the state of Dubai.
- Dubai off shore only allow one class of share. So, multi class share are not allow.
- Dubai off shore require at least 1 share holder, 2 Directors; 1 Manager and as well as 1 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 and legal consultants as well as auditors.
- Offshore companies are allows to held directors; and as well as share holders meeting within the UAE.
- Dubai offshore company can act like corporate share holder; that is in an other free trade zone company or in a mainland company.
- Offshore company setup in Dubai can carry out international trading.
Reasons for Dubai offshore company setup
- There is no personal income tax or corporate tax for a Dubai offshore company. Which i think is the top most reason for to setup a Dubai offshore.
- It is also a main thing to remember, that no share capital is require. That is Dubai offshore company formation does not requires share capital.
- At the present time, Dubai offshore company has builds a good image; that is in the mind of its clients.
- Good secrecy and security for a Dubai offshore company formation.
- In the first place, there is no public register of directors; and as well as share holders.
- Dubai offshore company formation is easy to set up and free of troubles.
- At the present time, Offshore Dubai can get an offshore account in Dubai.
Activities restriction of Dubai Offshore Company
- The first thing to remember; is that Dubai offshore company can not do any business in the UAE. Because, it is a non resident company. So it is not allow for Dubai off shore to conduct any business inside UAE.
- It is also a main thing to remember; that is, that Dubai offshore company can not own real estate property; that is in the UAE, other than in a free hold area. So it mean Dubai offshore con not hold or buy properties out side of the free hold area.
- Offshore company in Dubai can not do business relate to banking. That is, opening bank, insurance company etc.
- Dubai offshore company does not allow, to do business as an insurance company; insurance agents as well as insurance brokers.
- Finally it is also a main thing to remember; that is, offshore company Dubai can not carry on with activity which are ban.
What we offer for Dubai offshore company formation
We as a offshore Dubai consultant offer the following services.
- First of all, for Dubai offshore we provide register Office with PO Box.
- Let me bring this that we can assist in the P.O.A as well as in M.O.A.
- We create set up forms. So, you do not need to go and run behind the authority.
- In order to set up an offshore Dubai we provide register agent.
- we provide a first class advisory service; that is for a offshore Dubai.
- We provide a first class assistance for open a multi currency bank account
- Choose an appropriate jurisdiction for your offshore set up. That is, Jafza, Ajman or RAK.
How to register an offshore company in Dubai?
Offshore company in Dubai is control; as well as 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 are looking for offshore dubai 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 set up 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 set up process. So, it’s important to know that clients can not directly contact JAFZA for Dubai offshore set up. So, clients have the option to contact these agents directly or their sub agents. The JAFZA agents offer company formation services; such as business consultancy services, a legal services, and as well as an audit services etc. The setup of an offshore company is not an easy task. So, let us take care of the legal and the paper work end of things.