Offshore Company Incorporation in U.A.E – Advantages

By Suneesh | May 2 , 2018 | 01

Offshore company is particularly for all foreign investors from all over the world. Key points are high privacy, free from paying any tax (corporate tax as well as personal tax), no foreign exchange of information of shareholders, no requirement of office space etc.

Mostly people use offshore company formation U. A. E. as a holding company. That is to hold licensing of franchises, hold share in other companies including free zone and main land companies. It is also used to protect trademarks, copyrights and other intellectual property rights.

Following are the main advantages offshore companies in U.A.E.:

• 100% foreign ownership
• Tax free and free from all import duties
• Hold properties or assets
• 100% repatriation of capital and as well as of profit
• Easy to open a corporate bank account in UAE including multi-currency bank account
• No share capital required
• Easy procedures for shares transfer
• Low operational costs
• No foreign currency restrictions
• Protection of assets and as well as investments
• Quick set up time
• No office space required