What are some specific benefits of doing business from the offshore jurisdiction?

Posted on Leave a commentPosted in Offshore Company Formation UAE

Investors do not need to pay corporate or personal income tax. Bank secrecy You do not have to be physically present (IN RAK) in order to start a business in the offshore jurisdiction Privacy is given utmost importance. The formation, maintenance and operation of a company in offshore jurisdiction come together with exceptional transparency of […]

Can you give comparative advantages of setting up a business in Dubai Offshore and RAK Offshore?

Posted on Leave a commentPosted in Offshore Company Formation UAE

Both offshore jurisdictions offer most of the services and the advantages are similar such as: Lower tax liability – No double tax agreements Limited reporting requirements Minimum capital requisites Absence of public register Strict confidentiality policies But there are some key differences as well. If you are a business looking forward to setting up a […]

Which are the offshore zones available in the UAE to set up a company?

Posted on Leave a commentPosted in Offshore Company Formation UAE

There are three offshore jurisdictions in the UAE. They are: Ras Al Khaimah, ( RAK Offshore), which is under the jurisdiction of Ras Al Khaimah Investment Authority (RAKIA) Dubai Offshore, which is under the supervision of the Jebel Ali Free Zone Authority (JAFZA) Ajman Free Zone, which offers Offshore Licenses to companies that seek to […]

Why should your business be set up in Offshore UAE?

Posted on Leave a commentPosted in Offshore Company Formation UAE

Free remittance of profits Security of property rights Access to tax treaties Customs and duty exemptions Greater privacy Validity and Authority of contracts Limited restrictions Higher revenues and returns Exceptional political stability Access to the best jurisdictions Banking privacy Access to foreign insurance Government cooperation Foreign investment inducements Highly stable legal systems State-of-the-art banking facilities […]

How can I open an offshore company in the UAE?

Posted on Leave a commentPosted in Offshore Company Formation UAE

Bizvest can help you set up an offshore company in the UAE if you can furnish the following documents: Copies of passports of director and shareholder; Recommendation letter from bank; Certificate confirming residential address of shareholders- this includes statement from the account, which specifies the address; bill for payment of utility services. Bizvest provides cost […]

What are the advantages of registering an Offshore Company in the UAE?

Posted on Leave a commentPosted in Offshore Company Formation UAE

Exemption from taxation; 100 % ownership by foreign legal entities and individuals; No requirement for a minimum amount of registered capital; Confidentiality; No restrictions on expatriation of capital and profits; No need to provide accounting records and audit; Fast registration – within 3-5 days; No customs duties on imported and exported goods Offshore Company Formation […]