Offshore company formation is one of the most popular types of business setup in Dubai. Also known as the International Business Company (IBC). Everyone is looking for a cost-effective method of doing international trading and assets protection under the umbrella of a corporate body which secures the interests of the shareholder and at the same time obey the international trading standards.
Offshore Company is the right choice for every entrepreneur who wishes to protect their physical assets and funds raised out of international invoicing/trading.
The offshore company also helps Brokers/Consultants and Marketers to invoice their international clients for their brokerage/consulting/ professional services,
through a corporate structure based in any out of 87 offshore jurisdictions across the Globe. The funds raised out of invoicing can be received in the offshore bank account located in a Tax friendly jurisdiction.
Given UAE’s strategic location – a mid-point between the East and West, excellent infrastructure, liberal import-export policies and good shipping connections. It is little wonder that Dubai, UAE has emerged as a trading hub for the business in the region. You may also uplift your business by operating from UAE Offshore Company.
An offshore company is also registered under free zone. Offshore Investment refers to a wide range of investment strategies for taking advantages offered outside of an investor’s home country. The main purpose of offshore setup is to hold assets of organization which operates inside or outside the UAE.
Features of Offshore Company
• Office of the Registered Agent is the legal address of Offshore Company.
• No tax & No Audit requirements
• No Chamber of Commerce registration possible
• No Import Export code possible
An offshore company can be the ideal vehicle for protecting your assets. It can be used as a vehicle for holding assets such as intellectual property or real estate investments.
Registering an offshore company can legally minimize the tax obligations and help you to benefit from the low taxation or Zero taxation laws of certain jurisdictions.
Offshore companies offer larger amounts of anonymity for the company proprietors. Many offshore jurisdictions don’t publish the subtle elements of the company.
Through offshore company, investors can manage their risk by diversifying investments.
No requirement to maintain accounts, audit or filling.
An offshore company can be set up with minimum cost and cost of maintaining an offshore company is less compared to other companies.
When setting up an offshore company there is minimum cost and cost of maintaining an offshore company is less compared to other companies.