Offshore Incorporation
If you are thinking about a perfect place to start your business in UAE then, Offshore Company Formation in UAE is the best idea. These companies are not eligible to operate in the local UAE markets. They have the highest investment strategies. Offshore is quite popular among global investors. Offshore companies enjoy a zero taxation policy. They are not eligible to provide residential visas for their employees. There is no requirement for local sponsors and they are not allowed to hire employees. An offshore company’s address will serve as the physical address of the Registered Agent. If you want to have a detailed description of Offshore incorporation then contact our experts.
Documents required for Offshore company setup:
- Passport copy of all shareholders
- Proof of residence- utility bill
- Bank reference letter
- Trade name of the offshore company
- Suggested activities of the offshore company
- Shareholders' business profiles.
- An attested copy of the registration certificate from the UAE Embassy/Consulate in the country of residence
- Memorandum and Articles of association of the company
- Certificate of good standing of the company attested.
- The resolution states the establishment of the offshore company, the appointment of directors, and the legal representative of the company, the Registered Agent.
After submission of all these required documents and fee payments, the Certificate of Incorporate will be issued by the Offshore jurisdiction. If you want to know more about Offshore Company Formation in UAE contact United Business Formations.
Benefits of Offshore Company in UAE
- 100% asset protection and security.
- Privacy and confidentiality.
- During renewal, audit reports are not necessary.
- Invoice international clients
- Foreign ownership and transfer of profits at 100%
- They can open International corporate bank accounts.
- The company can be set up easily within 3 working days.
- The tax-free company set up.
Starting a company in the United Arab Emirates offers many possibilities for foreign investors. We have an experienced team who will be glad to assist you in Offshore Company Formation in UAE. Our business advisors know more about Offshore incorporation and can help you with proceedings in an error-free way. If you are looking forward to starting an Offshore business in UAE contact us today.
