Offshore company service in Dubai
Overview of the Cheapest Offshore Company Formation
The term “offshore” refers to a location outside one’s home country. Offshore locations are typically island nations, where entities establish corporations, make investments, and hold deposits. Companies and individuals (typically those with a high net worth) may move offshore for more favourable conditions, including tax avoidance, relaxed regulations, asset protection, or exploring the cheapest offshore company formation options available.
MBB Auditing offers hassle-free and fast offshore company registration, providing some of the UAE’s cheapest offshore company formation services.
Cheapest Offshore Company Formation in UAE
Dubai is one of the biggest locations where one can set up offshore companies and enjoy numerous benefits associated with an offshore company setup, including options for the cheapest offshore company formation. However, there are many different zones where you can establish your offshore company, such as ZAFZA, RAK, Ajman Offshore, and more, each offering unique advantages.
We will assist you in finding and selecting the zone that best meets your business needs, ensuring a smooth and efficient process while providing one of the UAE’s cheapest offshore company formation services.
Benefits of making an offshore company.
- You can trade in any jurisdiction except UAE.
- No hidden costs.
- Low renewal prices.
- 100% foreign company ownership.
- 100% repatriation of capital & profits.
- No currency and employment restrictions.
- Strategic location.
- World-class infrastructure.
- VAT exempted.
Document required.
- Passport copy
- Utility bill clearly showing name and address not older than 90 days
- Bank reference letter from any recognized bank or bank statement
- CV for the shareholder
- Business plan
- Duly filled in the application form
- Any other compliance process adopted by an authority or registered agent
Legal requirements.
- A minimum of one shareholder is required.
- The corporate company can also be a shareholder in an offshore company. However, all attested documents are required for a foreign corporate company.
- Having a director is a must in an offshore company. Director names are not available in the public domain.
- The appointment of a secretary is a must from certain offshore authorities in UAE.
- Shareholders’ names are not available in the public domain.
