Registering an offshore company in Dubai has become a popular choice of the corporations who look to secure presence in Dubai to expand their business in the gulf region and at the same time have benefits that other companies registered in Dubai get through various business policies of the Dubai authorities.
It is particularly beneficial to those corporations who do not intend to engage in business inside Dubai – neither onshore nor within the available free zones – are eligible to set up an entity in Dubai under the UAE offshore regulatory system. In general, offshore businesses work as holding companies and do not engage in commercial activities.
There are a number of ways by which one may be able to structure an offshore company which includes the following legal entities with its own legal framework:
- International Business Corporation
- Offshore limited liability company
- trust or offshore foundation.
The Emirati law makes it mandatory that a registered UAE-based agent administer the complete incorporation process. Wembley Businessmen has its expertise in setting up offshore companies in Dubai and other parts of the United Arab Emirates. We have the skills and expertise of guiding you through the complete step-by-step process, as well as providing support upon the setup process.
Advantage of setting up an offshore company in Dubai
Complete Operational freedom
100% ownership of foreign nationals
Exemption from double taxation through Double Taxation Avoidance Agreement with 115 countries around the globe.
Permitted to purchase property in approved areas
Low setup costs and minimal capital is required
Conducive for international market expansion
Stable and trade-friendly legal system
Easy access to investment and sponsorship
The process of setting up an offshore company is simple yet may become lengthy if exact process is not known. Hence, we give you an outline and help you through the process. The major components that require fee and determine the total cost of setting up an offshore company in Dubai.
- Offshore company registration
- Offshore license.
- Memorandum of Incorporation
- Fee for Register agent
- Bank account opening assistance