Freezone
Offshore Company Formation in Dubai and UAE
Hassle-free and affordable business setup solutions for Offshore Company Setup in Dubai, UAE
Offshore Companies are businesses incorporated outside of one’s country of residence. The UAE is a progressive country with extensive commercial opportunities making it a global hub for business company Offshore Companies are businesses incorporated outside of one’s country of residence. The UAE is a progressive country with extensive commercial opportunities making it a global hub for company registration with numerous benefits.
registration with numerous benefits.
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Offshore Company Formation in Dubai and UAE
Offshore Companies are businesses incorporated outside of one’s country of residence. The UAE is a progressive country with extensive commercial opportunities making it a global hub for business enterprises. For offshore set up there is an ideal tax-efficient structure to do international trade. Other benefits that come with the offshore company formation in Dubai are a gateway to international markets, business-friendly legal systems, global funding, to hold assets of subsidiary Companies, act as holding company and a base to protect assets.
The three prime authorities offering Offshore Companies in the UAE are Jebel Ali Free Zone (JAFZA), Ajman Free Zone ( AFZA) and the Ras Al Khaimah (RAK). A Free Zone pledges “tax-free” jurisdictions that levy no income tax or corporate tax and permit 100% foreign ownership. Plus, the UAE has Double Tax Treaty agreements with over 40 other countries.
Offshore Companies are permitted to open multi-currency accounts in the UAE and carry out business internationally. They are not legalized to carry on business with persons resident in the UAE or have physical premises within the UAE. There are many advantages of forming an offshore company in Dubai and UAE.
All above free zones come with a set of temping advantages; while RAK and AFZA are cost-effective, JAFZA allows legal permission to own property in Dubai and easy to open a business bank account in Dubai.
As per local company law, all above three RAK International Companies (RAKICC), Ajman Free Zone ( AFZA) and JAFZA Offshore Companies are accountable to appoint an approved registered agent.
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Are you ready to embark on your global financial expansion? Contact us today to discuss your licensing and banking needs. Let Offshore Genesis be your partner in achieving your financial ambitions on a global scale.