Offshore company service in Dubai
Overview of offshore company
The term offshore refers to a location outside of one’s home country. Offshore locations are generally island nations, where entities set up corporations, investments, and deposits. Companies and individuals (typically those with a high net worth) may move offshore for more favorable conditions, including tax avoidance, relaxed regulations, or asset protection.
MBB Auditing offers hassle-free and fast offshore company registration. We offer some of the best offshore company setup services in the UAE
Offshore companies in UAE
Dubai is one of the biggest locations where one can set up offshore companies and get a lot of benefits that come with setting up an offshore company. However, there are many different zones in which you can set up your offshore company like ZAFZA, RAK, Ajman offshore and many more. Each zone has something that makes it different from one another.
We will help you in finding and selecting the zone which offers the right things for your business needs, and then make sure that your setup process takes minimum time.
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.
