UAE offshore company formation; is one of the main services offshore company advisors (OCA). Offshore Company Advisors are the register agents; that is for all the offshore zone in UAE. UAE Offshore company formation is possible only through a register agent. Keep with this in mind, for selecting an agent for your offshore company setup in UAE. As a matter of fact, it is important to gauge the offer services of your agent. Up to the present time, it is also important to check their market experience. And as well as if possible also ask about the services from one of his existing customer.
Offshore company in UAE
In the first place for UAE offshore company; shams consultant always makes sure that offshore company in UAE is the best solution for the client. Before initiating UAE offshore company set up process. Shams Consultant also, conducts an independent analysis process. That is to compare the company goals against the propose model. If the off shore company goals ask for a different approach. Then there for, it would be communicate to the client in the first place. Shams Consultant is a transparent and provide the most efficient; and as well as fast services of offshore company in UAE.
Offshore company in UAE is a very smart and as well as beautiful choice. That is for all foreign investors from all over the world. Due to, it has good tax system. As well as it has high privacy that it provides to offshore companies in UAE. If you want to set up offshore company in UAE. Then you are free from paying any tax (corporate tax and as well as personal tax); either, on profit or any other form of capital gains.
Why UAE Offshore Company formation
The UAE is a “genuine country” with a “real rich economy”. UAE off shore provide the benefits of tax free area for actual business. It has a well known history of global finance; trade as well as global business. Today, UAE is one of the fast developing countries in the world. It provide the facility for UAE offshore company formation. UAE has the top standards of living. UAE is an independent country; it is not the territory of overseas country.
Reasons for why offshore company formation in UAE
Following are the main reasons for why offshore company formation in UAE
- UAE is an independent country it is not a member of the Organization for Economic Cooperation and Development (OECD).
- No foreign exchange of information of share holders for the UAE off shore.
- Also I want to bring one thing in front; or you can say that key point. So that you can keep this in mind; that is UAE is not on the OECD blacklist.
- UAE is not on the FATF blacklist
- It is not a part of the EU, and is not subject to EU rules and regulation.
- UAE is Politically and as well as economically stable country.
- Well design and as well as develop jurisdiction.
- A modern and as well as flexible judicial structure.
- Fast and as well as simple set up process.
- UAE is a member of Double Taxation Avoidance Agreement (DTAA).
- Favorable banking structure.
Advantages of offshore company formation UAE
Mostly people use offshore company formation UAE as a holding company. That is to hold licensing of franchises, hold share in other companies. That is, hold share in free zone and as well as main land companies. It is also use to use to protect trade marks, a copy rights. And as well as other intellectual property rights. As a matter of fact business setup in dubai; also excites entrepreneurs; due to, the low set up costs; as there is no need of an office for Offshore company UAE.
Following are the main advantages offshore company UAE:
- 100% foreign owner ship is allow for UAE offshore company formation.
- It is a tax free and free from all import duties, .
- Hold Asset. That is, offshore company formation in UAE is use to hold asset.
- 100% repatriation of capital and as well as of profit.
- Easy to open a corporate bank account in UAE
- No capital require. That is offshore company formation in UAE does not requires share capital.
- Easy procedures for shares transfer
- Income from taxable jurisdiction of an off shore or holding company is not taxable
- Low operational costs, with world class banking and as well as investment management services
- Offshore company formation UAE; that is allows to open a multi currency bank account.
- No foreign currency restrictions
- 100% tax free. That is, No income tax, no VAT as well as no corporate tax.
- Protection of Legal Asset and as well as Investments
- Quick set up time. that is in 2 to 3 working days
Choosing the jurisdiction for offshore company UAE
The selection of proper off shore jurisdiction; is very important for many reasons. First of all in the first place; each jurisdiction has its own unique advantages. So; it is necessary to understand your requirement. Second keep this in mind that it is worthy; if you are connecting with the country easily. That is; through new reliable and modern channel. There for, with this in mind, that country must have a modern; reliable and also up to date banking and financial system.
The feature which is very important; but usually ignore. That is, work principles and as well as traditions of off shore. In addition; some off shore authority is stress free in their approach to work. This factor becomes an important; when you need something urgently. There for; the main principle of offshore company UAE is to provide a timely, accurate on demand service. That is, to mark itself in one of the best jurisdictions for offshore company incorporation.
Time zone is also an important issue to address. Offshore company jurisdiction which is on the other side of the globe will make your work very slow. Because; you will communicate to the world which has totally different time zone then yours. UAE is laying in the middle of the world and accessible to all part of the world. There are 3 main jurisdictions for offshore company in UAE. That is JAFZA; RAK ICC; and Ajman all jurisdictions have its own advantages along with all these mention above.