INTERNATIONAL COMPANY - OFFSHORE

Advantages:

 

  • Quick set up

  • Registered Address and PO BOX

  • Extremely flexible in terms of choice of activities.

  • Easy to Manage (ex: no audited accounts required)

  • Most common activities selected are: General Trading, Holding Company and “any business or businesses”    

  • Corporate bank account (online banking and debit card only)

  • Cost effective ( cheapest business set up in Dubai)

 

Disadvantages

 

  • No Dubai visas allowed (residency visa and sponsoring staff members not possible)

  • Not allowed to trade (goods or services ) within Dubai

  • No Credit card or cheque book for corporate bank account

 

Average time required to set up a company: seven working days

 

Main Activities of UAE OFFSHORE COMPANY

 

  • General Trading

  • International services 

  • Professional Services 

  • Consulting and Advisory Services

  • Shipping and ship management companies 

  • Investments and Joint Investments Company 

  • Property Owning

  • Holding Company (Buy/Hold/Sell stakes of companies) 

  • Commission Agents Company – Intermediary Brokers (IB's)

 

Fiscal & Regulatory benefits of UAE OFFSHORE COMPANY 

 

  • No capital gains tax 

  • No Value-added tax 

  • No Import or Export taxes 

  • 100% income tax exemption 

  • 100% ownership in Free Zones 

  • 100% corporate tax exemption 

  • 100% capital and profit repatriation 

  • Proximity to entire Gulf and global markets  

  • No Withholding tax 

 

Main features of UAE OFFSHORE COMPANY

 

  • It may own real estate in the UAE, with prior authorization from the Authority. 

  • It does not require the shareholder/directors  to be physically present in the UAE for incorporation 

  • It may not do banking and insurance business without special license. 

  • It may maintain bank accounts and deposits in the UAE or worldwide. 

  • It may hold shares in other worldwide and UAE companies. 

  • It may have non UAE resident as director or shareholder. 

  • It may have corporate shareholder/corporate director

  • It may have UAE resident as director or shareholder. 

  • It does not need to have physical offices in the UAE.

  • It is not obliged to maintain its records and books. 

  • It may not carry on business within the UAE.

  • It may not obtain UAE Residency Visa.

Tell us how we can help you with your Relocation to Dubai

Get in touch with us

Email   info@relocationdubai.net

Landline   +971 4 4524489

Mobile   +971 558819783

Skype   RelocationDubai

Copyright 2015 - Relocation Consulting FZE