Offshore Company In UAE

An offshore company is a company that is incorporated in a different country and not where its principal operations are carried out. Such companies cannot carry out business activities with UAE residents or have a physical presence within Dubai. The main purpose for this setup is to legally minimizing tax payment and improving one’s wealth management. Such companies can enjoy 100% ownership and does not require a local sponsor or local service agent. It is ideal for investors who wish to have an international business control.

Offshore companies are exempted from all corporate and income taxes and allows full repatriation of capital and profits. These companies have a fast incorporation, low operational cost and easy bank account opening process. Offshore companies can enjoy complete anonymity and privacy of assets. These companies are authorized to use multi-currency bank accounts that enable international business transactions and guarantee money safety. The most popular type of offshore company to form in the UAE is an offshore LLC.

If you require any assistance for forming an offshore company in the UAE, feel free to reach out to us. Corpin Consultants assure the best and fast offshore company formation in the UAE.