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UAE OFFSHORE BUSINESS SET-UP

Dubai offers diverse opportunities for both new and experienced business owners, attracting investors to invest in both onshore and offshore businesses. The Emirati government has created zones like Ras-Al-Khaimah and JAFZA, where investors can open multi-currency accounts and conduct business operations internationally. Free zone companies are onshore entities subject to 0% corporate tax, with restrictions on business activities, but shareholders and directors can obtain UAE residency.

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UAE OFFSHORE BUSINESS SET-UP

Benefits of business in offshore

  • Tax-free international trade with offshore companies in Dubai.

  • Shareholders and directors not registered with public records office.

  • Tax obligations exempt for offshore companies in Dubai.

  • Easy offshore bank account with Dubai company.

  • 100% foreign ownership, repatriation of funds, multi-currency transactions.

  • Dubai provides a favorable environment for international trade.

Requirements for Dubai Offshore Company Setup

  • Certificate of Incorporation

  • Memorandum of Association (MOA)

  • Articles of Association (AOA)

  • Passport Copy and Proof of Address

  • Bank Reference Letter and Power of Attorney

  • Completed offshore company registration form

What are the Uses of Offshore Company

Offshore companies offer flexibility, tax reduction, and confidentiality.

Offshore companies don't exempt owners from personal taxes.

Offshore firms can lower taxes, boost revenue.

Anti-avoidance laws can hinder offshore strategies.

Consult an accountant or tax advisor in both countries.

Tax-free profits for offshore firms.

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