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Offshore Companies

Offshore companies are usually established with an intention to invest in the UAE. These companies cannot be involved in any local trade in the UAE. The business activities of offshore companies are usually outside the country. Offshore companies can be opened in the UAE under the offshore authorities like Jabal Ali Free Zone Authority – Offshore, Ras Al Khaimah Free Trade Zone Authority and Ajman Offshore. Offshore companies are commonly formed in order to meet the legal requirements of a country where the individual or a company needs to do investments in business and properties. Offshore companies are often set up with the purpose of financial, legal and tax exemptions. Through an offshore company you won’t have to pay any taxes regarding your international trade. Many offshore companies are commonly used for real estate purposes. Many entrepreneurs have greatly benefited from this in finding the most profitable real estate investments.

Advantages of forming a company in UAE Free Zones

  • Local banks open bank accounts even for offshore companies
  • Permitted to do international trade without any obligatory taxes
  • Provides you 100% ownership of your business or company without the involvement of local UAE citizen
  • No restrictions in buying property
  • Conduct business activities with foreign companies without any taxes
  • Helps establish successful and profitable business
  • Growth of assets with tax exemption
  • The government provides greater opportunities for offshore businesses
  • Ensures full privacy of business activities
  • Helps establish a company or business on reduced total cost

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