Business Setup in UAE Offshore

FOR INDIVIDUAL

• Attested copy of your passport
• A bank reference document
• Your personal profile
• Residential proof
• Approved company name
• Details of shareholder or owner
• Details on activities that will be performed

FOR MULTIPLE CORPORATE ENTITIES

• Certificates proving the good standing of the company, and the registration
• Memorandum of Association
• Bank reference document
• Board resolution (regarding the formation of an offshore firm)
• Attested parent company certificate

An Offshore business is registered in the UAE by a foreign person, but the business is run from another country. An example of this is an international travel agency or a company that imports goods. Here’s a list of some of the companies that can be carried out by an offshore company in the UAE:

• Advisory services
• Consulting services
• General trading activities
• Owning property
• Shipping
• Ship management
• Buy, holding, or selling stakes of companies

UAE is introducing many new business opportunities and benefits for foreigners to set up their businesses in the UAE effectively. An offshore company setup in the UAE is becoming the popular choice for business entrepreneurs. The benefits are numerous such as 100% ownership of your business, tax benefits, no minimum capital, no foreign currency restrictions, no need for a physical office in UAE, no local sponsor, and no residency visa with very low operational cost. Moreover, UAE’s legal structure also helps foreign investors to grow their businesses efficiently.

If you are ready to have 100% ownership of your business and enjoy the tax benefits offered in the UAE Offshore region, call MSZ Consultancy. Our experts will help you at every step of the offshore business setup process. We have a quick, easy, and streamlined application process for company formation.

• No income tax, personal tax, and corporate tax
• Complete privacy and confidentiality
• No need for a physical office in UAE
• No need to carry on business within the UAE
• No minimum capital requirement
• Low operational costs
• No foreign currency restrictions
• Proximity to the Gulf and global markets
• Ability to maintain bank accounts in the UAE
• Ability to issue multiple classes of shares
• Minimum one Director and Shareholder required
• 24 Hour incorporation time (subject to all documentation being received)
• Wide availability of company names

Setting up an offshore company is a great way to gain profit and grow your business. Here are some of the features of having an offshore company in any Emirate.

• No requirement for a corporate resident
• You do not need a local sponsor
• You have easy access to a bank account in the UAE to maintain deposits
• No requirements to maintain books and records
• You won’t need to get a physical office space
• There’s not a requirement for a resident visa
• You can own real estate property in UAE
• There’s no requirement for shareholder or business owner to physically be in the UAE for the business setup process