Offshore Company Formation in the UAE

What is it all about?

• An ideal option for investing in the UAE in a wide range of entrepreneurial and business requirements is forming offshore companies.

• Those business formed in tax haven regions or locations where tax is low and is under the protection of strict legislation.

• A few of the advantages of offshore companies are operational flexibility, fixed economic protection and low management costs

• Offshore companies in the UAE are white listed, have a good value proposition and most importantly, they have signed double taxation avoidance pacts with more than 40 countries

• You will be able to improve your operational competence, asset security and tax exemptions

Advantages of Offshore Companies

• The companies enjoy flexible company laws• There are excellent corporation laws that favor the

companies• Absolutely no transactions on international and

banking transactions• Stability in political and economic areas• Companies have lower overhead expenses• They have complete privacy• 100% foreign ownership

• Offshore companies have access to modern infrastructure.

• The directors have the flexibility to operate from anywhere

• The company is allowed to open bank accounts anywhere within the UAE

• The minimum share capital needed is only 1000 AED

Where are the Free Trade Zones in UAE?

• There are a large number of free zones in the UAE. A few of them are listed below:

• Dubai World Central (DWC)• SAIF Zone• Fujairah Free Zone Authority (FFZA)• Dubai Airport Free Zone Authority (DAFZA)• Ras Al Khaimah Free Trade Zone (RAKFTZ)• AUH Airport Business City

How to setup?

• It is relatively easy to setup an offshore company in the UAE but there are a certain number of steps that you have to take for the same. A few legalities have to be undertaken and the documentation has to be perfect.

• For any doubts in how you should setup an offshore company or if you need assistance in setting up an offshore company, visit http://www.worldwideformations.com/company-formation-dubai.php