OFFSHORE COMPANY SETUP
OFFSHORE Business Setup
Individuals and corporations can both benefit from the ownership rights of an offshore corporation. The company’s operations or commercial transactions are restricted in the country where it is registered. The license issue process is not applicable for offshore company formation in the UAE, unlike mainland and free zone business formation. Instead, the authorities provide an Incorporation Certificate.
Offshore Company Setup
Advantages
- No taxes and no regulations of tax department (except for the foreign bank branches and oil producing companies)
- No account filing
- No information exchange of taxation and agreements with any other company
- Confidential and highly flexible banking system for high-net worth global investors
- No public records of shareholders and directors
- Strong legislation to protect the identity of investors
- Comprehensive mitigation of risk
- Great financial isolation for investor
- Configuration done in low cot
- Zero modernized administration and bureaucracy
How can We Assist in Offshore Business Setup in Dubai?
If you are residing in any foreign country and need professional help, this is the best way to take advantages on tax incentives. PRO Desk is a leading provider of pro services in Dubai for company startup, visa applications, company closure and various other document clearance services. We offer everything you required to offshore company setup in UAE.
Well supported by the team of experienced and highly skilled formation agents who know the complete procedure and have profound knowledge regarding associated regulations, rules and legal formalities, We at PRO Desk, can turn your investment into a growing and profitable venture. From bank account formation to license renewal, you can trust us in every move it takes to complete your offshore company setup in UAE. We endeavor to cover an idea of business into a feasible proposition through our reliable consultancy.
Our mentors will advise you by deeply understanding your specific case and requirements of business objectives. We ensure to help you out during the documentations and opening of bank account by complying all the rules and regulations.
Types of Offshore Company in Dubai
There are various legal structures offered for offshore company setup in UAE
- Private Foundation
- Trust
- Partnership
- Offshore Company
International Business Company
IBC is an official offshore company formed in the specific zones of the UAE under some jurisdictions as a tax-free corporation which is not allowed to engage in any sort of business within the area, it is incorporated in. This type of setup is usually used to conduct banking, investment activities, asset protection, professional services and international trade.
Company Activities and Name
During offshore company setup in UAE, keep these points in mind
- The name of your company must have “LTD” in the end
- You are not allowed to use INSURANCE, BANKING and REINSURANCE in the name of your organization and are not permitted to conduct or pursue business activities
In order to get official offshore company setup in UAE you have to provide
- Copy of your passport (Notarized)
- Residence proof which includes 2 telephone and utility original bills which are not older than 3 months
- Reference letter from Bank in English
- Original Bank Reference Letter
- 2-3 names of the company of your choice
- Bank account payment
To Open a Bank Account
- Copy of your verified passport
- Original bank statement from last 6 months
- Attested certified ad stamped bank forms
DEDICATED TO YOUR BUSINESS
OUR MISSION,
VALUES AND MOTTO
Elite business setup is a one stop solution. We believe in our selves with our wisdom and experience we have provided excellent services to newly started companies and in various matter in mainland and free zone authority.
Let's Get In Touch
Contact Details
Phone: +92 328 2882880
E-mail: info@elitebizz.ae
Address: Hilal Bank Building, Off 304, Dubai.
Opening hours:
Monday Thursday: 10:00 – 23:00
Friday Sunday: 10:00 – 19:00