Offshore companies in UAE are among the preferred types of companies foreign investors because they provide many advantages. However, before starting to reap the benefits provided by an UAE offshore company, one must complete several steps related to the company incorporation.
The registration procedure begins once the owner has appointed a local representative or a company incorporation firm to handle the process. The local agents will file for a trade name which will end with the abbreviation ‘LTD’ with the Trade Register in the desired emirate and then draft the statutory documents of UAE offshore companies.
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Benefits For Our Customers
All documents and information are stored in our office in Dubai – no searches and seizures of documents
The absence of Taxation
The absence of taxation – the UAE have no corporate income tax, withholding tax, tax on income
UAE do not appear in the FATF and OECD lists
A stable economic and political situation in the country. The stable USD currency rate – AED 3.65 per 1 US dollar, and has not changed for many years
UAE is the best starting point to enter the market of MENA (Middle East and Northern Africa)
No Exchange Control
No total tracking of currency turnover. The corporate entities and individuals can easily open an account in any currency, and process transactions
Advanced banking system
Many banks in the UAE provide a wide range of banking services (loans, deposits, letters of credit, bank guarantees, etc.)
Possibility Of Comfortable Living
UAE – a unique country, which makes it possible not only to register the company and the bank account but, also to create the conditions to take advantage of a residency