Offshore Companies in Dubai, UAE
Offshore Company, most commonly termed as International Business Company or a Non-Resident Company, is a legal structure which provides for a low/zero-tax environment for an entity or an individual which in turn minimizes tax burdens and improves wealth management. Besides this fact, its element of anonymity has made offshore companies a top favorite amongst the affluent.
A few reasons why individuals and corporations choose offshore companies are to
- Manage taxes
- Shield assets
- Manage risk
- Avoid bureaucracy
- Maintain privacy
- Enhance assets
Benefits Offered
More specifically, the reasons for going offshore and utilising offshore companies for tax planning and offshore business include:
- Free remittance of profits and capital
- Access to top-rated debt history jurisdictions
- Access to tax treaties
- Security of property rights
- Low fees & operational cost
- Banking privacy
- Availability of offshore experts
- Ease of Reporting
- Anonymity
- Customs and duty exemptions
- Exchange convertibility
- Government cooperation
- Fair treatment
- Fewer restrictions
- Sanctity of contracts
- Foreign investment inducements
- Tested legal systems
- Higher yields and returns
- The availability of sophisticated banking facilities
- Legal Protection
Different Sectors In Dubai Offshore
- Trading
- Investment holding
- Financing
- Probate and Privacy
- Professional services or Consulting
- Patent, royalty and copyright holding
- Property Owning Companies
- Ship management and yacht owning
- E-Commerce Companies
- Personal and corporate tax planning