This offshore company will be suitable for those who wants to buy property in such projects as Dubai World, Dubai Holdings, Emaar Properties, or property on Palm Islands, Jumeirah Islands or any other property, which belongs to Nakheel Company LLC.
Type of company: special status offshore non-resident company
Registered capital: minimum AED 1 ($0,27)
Restrictions on activities: insurance, reinsurance, banking, finance, professional services, media, advisory, consulting, intellectual property, security, management, publishing, advertising, movie production, gambling, casino, property development, game and win, real estate, military activities, education.
Shareholders: Person/entity may be a shareholder.
Directors: min 2 directors are required. Individuals/person only can be a Director.
Registered Agent: is required
Accounting: No requirements for the accounting statements. Director should keep books in a way convenient for him
Audit: once a year
Taxation: no taxation
Exchange Control and Regulation: No
Walton Consultants DMCC