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Offshore company in the UAE

At present, to register an offshore company is one of the most common ways of tax optimization. There is a huge variety of offshore jurisdictions in the world, but not all of them can be compared with the United Arab Emirates with respect to their good standing. Besides, the country has entered into agreements on avoidance of double taxation with more than 50 countries all over the world.

If you register an offshore company in the UAE, it will give your business many unquestionable advantages:

  • no taxation;
  • no need for mandatory minimum share capital;
  • free withdrawal of company's profit and capital;
  • full confidentiality;
  • right to own property in the UAE;
  • bank account in the UAE;
  • no need for mandatory audit.

This is not the full list of advantages for setting up of an offshore company in the UAE. At that, there are certain limitations along with the advantages. For example, one can register an offshore company not in all of Free Economic Zones, and not all commercial activities can be done.

Trust Essam Shama's consultants know the local specifics and can offer you the complete solution of your tasks.