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A Dubai offshore License is a business establishment that conducts its operation outside of the location of its origin or original location of registration. With the rise of offshore company formation in Dubai, UAE in 2003, the UAE has become a perfect hub for businesses across the world. Entrepreneurs and investors may have multiple intentions behind forming an Offshore company.
Offshore company formation in the UAE helps one to have 100% ownership in their assets in UAE and profitably run their business. Some of the reasons to opt for an offshore company formation in the UAE:
To enjoy monetary benefits like tax exemptions
To garner international funding
To enjoy the benefits of investor-friendly laws and regulations
Plans for business expansion.
To facilitate international trade
Both individuals and corporations can enjoy the ownership rights of an Offshore company. The company’s operations or business transactions in its country of registration are limited. Apart from mainland company formation and free zone company formation, the license issuance process is not applicable for Offshore company formation in the UAE.
Instead, the authorities issue a certificate of Incorporation. For the same reasons, you may accomplish the offshore business set-up services in the UAE without any delays. Offshore companies are governed by international laws. BCM Corporate Services LLC has adequate experience and expertise in guiding you through the Incorporation formalities. The company incorporation should satisfy the purpose of your business. Our experience in the business domain, and contacts with the UAE authorities help us figure out your business purpose.
With assistance from BCM Corporate Services LLC, The Offshore Company Incorporation can be accomplished within a day or two. Get in touch with our advisors now for outstanding offshore business set up services in the UAE! The investors have two different jurisdictions for setting up an Offshore endeavor in the UAE. And they are:
Jebel Ali Free Zone (JAFZA)
Ras Al Khaimah (RAK)
UAE is the main business hub and is rapidly growing globally. More entrepreneurs across the globe are expanding their businesses and bringing their ideas into reality. UAE has become the fastest city in terms of business establishment and its growth.
The offshore company is a legal business entity that is set up by individuals or corporate bodies to operate outside its registered jurisdiction which does not carry out any substantial business activity in its country of origin. In other words, it is also known as a non-resident company without office space in the UAE. Offshore companies have the provision of cutting down or eliminating different types of Taxes
The offshore company has its regulations, requirements, and restrictions. Certain prefixes like Ltd. Inc. etc. Below are offshore location choices for new investors who wish to operate a company:
Dubai Offshore
RAK Offshore
Ajman Offshore
BCM Corporate Services LLC is a renowned company in offering a remarkable service to set up companies in UAE, Since Companies operated offshore need to appoint registered agents, as a leading business set up the company in UAE, we will save your time and money as we are familiar with every stages that a company will go through for business formation. We will also help you to choose the offshore that suits your requirements.
Unlike other jurisdictions which are considered solely for taxation, offshore business set up in UAE offers numerous advantages: direct investment into specific jurisdictions, better management of taxes on foreign income, full ownership of intellectual property, and the separation and protection of personal assets from operating entities.
An offshore company in the UAE can be strategically designed to minimize overall international tax liability. There are no requirements for minimum share capital, although in some cases, the government registrar may ask that paid-up capital be commensurate with proposed activities. Another localized advantage is related to reality. Some property developers in the UAE allow up to four owners for the purchase of a single property such as a villa, an office or an apartment. In the case of an offshore company, the number of such property owners can be extended up to 50, with ownership registered to the offshore company.Choosing a jurisdiction for Dubai offshore License company registration in UAE depends on some factors: laws and regulations of the country as applicable to the business, political and geopolitical climate of the region in relation to future plans, exact nature of the business, and type of assets that will be held by it.
List of Top Offshore Companies in UAE:
RAK International Corporate Centre (RAK ICC)
Jebel Ali Free Zone Authority (JAFZA)
Both permit 100% foreign ownership and are tax-free jurisdictions that levy no income tax or corporate tax. The UAE has negotiated Avoidance of Double Taxation Treaty Agreements (DTTAs) with more than 110 countries.
Both jurisdictions also have unique offerings: RAK ICC is hailed as the cheapest and fastest way to set up an offshore company in the UAE, with incorporation often completed in a few days. RAK offshore is one of the most established offshore jurisdictions in the Middle East, and has an enviable roster of more than 14,000 companies in 50 sectors. Meanwhile, JAFZA & RAK ICC offshore companies are the UAE’s only offshore vehicles that are permitted to own property in the emirate of Dubai.
All offshore companies in the UAE can open multi-currency accounts in the country and carry out business internationally.
We assist in compiling and submitting all the necessary documents required to register your offshore company in the UAE. Our services include offshore company formation and bank account setup, among others. We also help our clients protect their assets and limit their liabilities.
These benefits offered to offshore companies have enticed investors and multinational companies around the globe to set up an offshore business here. You, too, can leverage our expertise to set up your own offshore company in the UAE. Our team of consultants is well-versed with all of the offshore licensing procedures and formalities. Business owners with offshore licenses do not require local shareholding and can obtain 100% foreign ownership of their trade. Their businesses, to a large extent, are exempted from corporate taxes and have no minimum share capital requirements established.
We offer end-to-end services for Dubai offshore License company formation in the UAE and administration thereof. These services include corporate and business documentation, the opening of bank accounts, and the provision of directors, company secretaries, and nominee shareholders as required. Working on your behalf, we will also liaise with all concerned authorities. Most importantly, we will guide you through every stage of Dubai offshore License company registration in UAE, including choosing and registering a name, conducting and collecting due diligence, and arranging reference letters.
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An offshore company is an entity that is operated from outside the country of its official registration or the location of its owners and stakeholders.
The UAE government has allocated the Jebel Ali, Ras Al Khaimah and Ajman jurisdictions for business owners interested in offshore company formation in the UAE. Since the introduction of offshore company setup services and establishments, these entities have been well-supported by the government.
We at BCM Corporate Services LLC, extend our quality services to our clients with well-experienced & qualified Business consultants with rich expertise in document attestation Services in Dubai
Dubai Offshore License Business Formation set up that client’s Business setup requirements in Dubai. can be completed on time with satisfactory Results outcome. Please feel free to reach us for your Business setup and Bookkeeping and Accounting Firms in Dubai requirements on our email id: info@branches.ae or call us on +971502585921 WhatsApp +971-551196792