- November 29, 2017
- Posted by: DBS
- Category: Dubai Business Services
5 Benefits of Offshore Company Formation in Dubai
The popularity of UAE, as one of the most preferred and attractive jurisdictions for setting up an offshore company in Dubai, has been immense in the recent years.
There are several attractive benefits that the global investors see in the prospect of free zone company formation in Dubai. Some of these benefits include-
- Effective asset protection
- Ease of getting general trading license in Dubai
- Availability of many free zone areas in Dubai
- Dubai company registration cost, which is significantly lower
- Benefit of 100% foreign investments and secure property rights
- Ease of securing e-commerce license in Dubai etc
Understanding Offshore Company Formation in Dubai
The offshore business possibility is, essentially, a medium to cater the need of the foreign companies who want to have a regional ‘tax-relief-invoicing facility’. The biggest advantage of the offshore company is no minimum capital requirement and an exemption to set up an actual office facility.
Below are some of the main features of the Offshore Companies-
- The benefit of 100% foreign ownership of the company without the need of the local sponsors
- Offshore company formation in Dubai gives the benefit of 100% transfer of capital and revenue to the entrepreneurs without any restrictions
- By setting up an offshore company in Dubai, foreign investors can enjoy the benefit of no tax on imports and re-exports, corporate tax, or personal tax for a good amount of time period
- There are no restrictions on hiring foreign employees when you set up business in Dubai
- Dubai company registration cost is quite affordable for the foreign investors which are another attractive feature
Benefits of utilizing offshore incorporation services
Below are some of the benefits of free zone company formation in Dubai and Dubai south free zone in general-
- There is no audit and taxation requirement on business activity performed outside UAE
- Offshore company registration in Dubai, UAE is a smooth process where all documents are provided in English, making it more comfortable to work with the company in the future
- It is an opportunity that provides an access for expansion to an international market and a gateway to a business-friendly legal system
- Offshore incorporation services offer a convenient way to a more flexible regulatory regime and also provides window to global funding
- The offshore company registration process in Dubai is quick that can be completed within 3-7 business days which includes securing Dubai commercial license as well
Major players offering Offshore company formation solutions
RAK (Ras Al Khaimah) and JAFZA (Jebel Ali offshore company) are the two principal jurisdictions offering offshore Companies. Important points regarding these include-
- Both are Tax-Free jurisdictions and permit complete foreign ownership
- Multi-currency accounts are permitted for Offshore Company in UAE to carry out business internationally
- RAK and JAFZA both offer individual benefits; however, RAK is known for its cost-effectiveness and JAFZA is the only Offshore Company of UAE that lawfully permits to own property situated in Dubai
How can DBS help in offshore company formation in Dubai?
Offshore company formation and registration in Dubai requires the expertise and thorough understanding of the regulations. Dubai Business Services (DBS) is a leading name in the business consultancy industry in Dubai. With 10+ years of rich industry experience, our team of highly qualified, experienced, and professional business consultants ensures to make the process of offshore company formation in Dubai easy and smooth for the clients.
As a professional business setup consultants Dubai, we offer a range of services for setting up business in Dubai including-
- Setup and registration of licenses
- Dubai Free zone company formation cost & PRO Services
- Services for LLC, professional, branch & representative license registration
- Offshore company formation services in Dubai etc
Still have questions? Speak to a DBS business setup consultant today! We are the pioneers in business setup services in Dubai. With years of experience and expertise, we are known to be the best business setup company in Dubai and across the UAE. To experience it yourself book a free consultation with our experts on company formation and legalities involved with business setup. Book a FREE consultation today with a company formation consultant. Clear all your doubts related to setting up a Business in UAE. Call us on +97145667485, WhatsApp +971555813673 or simply visit www.dubaibusinessservices.com to chat with us.