Offshore Company Formation in UAE
- Open the door to success.
Company Formation in UAE Offshores
UAE Offshore jurisdiction is one of the most trusted business locations for Offshore Company Formation due to the robust Governance system of the Offshore Authorities of UAE. Namely, Jebel Ali Offshore, RAKICC Ras Al Khaimah, and Ajman Offshore are three Offshore jurisdictions in the UAE.
UAE has evolved into a leading trade and business hub of the Middle East and has global connectivity through Air, Sea, and Road with all major business centres and countries of the world.
Offshore Companies are registered business entities that have non-resident status and is governed by the Offshore Company regulations and trade rules. There are certain advantages for foreign entrepreneurs while setting up an Offshore Company in UAE. The major one being the ability to expand business globally and set up a holding company in a stable and business-friendly jurisdiction.
UAE offers a spectacular infrastructure, business-friendly atmosphere, easy accessibility along with safety and security makes it the best option for company formation.
Offshore Company License in UAE
Offshore Company formation in UAE includes the choosing of license based on your activity, preparing legal documents, opening a corporate bank account which is found to be cumbersome by the aspiring entrepreneurs.
But with the AURION team, Offshore company formation in UAE will never be a difficult task. AURION is a renowned name in the field of Company Incorporation in the region and has established more than 4500 companies successfully with bank accounts. We are one of the top-ranked Company Incorporation Specialists for Offshore Companies in UAE and BVI Offshore. Talk to our Offshore Experts to know more!
Offshore Company in UAE – Highlights
OFFSHORE COMPANIES (INTERNATIONAL BUSINESS COMPANIES) is a company which does not carry out any substantial business activities in its country of formation and is framed in a law of no tax jurisdiction for the purposes of legally reducing any kind of tax payment and enhancing one’s wealth management.
Offshore company setup and opening bank account is an intelligent method of managing assets and income. There is a misconception that offshore company is to evade tax and hide money from Government, which is not correct.
Offshore companies are legitimate ways to structure business and ultimately getting financial benefits.
The most important things to be considered while registering offshore entity is:
- Finding right jurisdiction
- Selecting the Registered Agent
- Opening Bank account
AURION is one of the largest incorporators in Ajman Offshore jurisdiction and having a perfect professional track record. Aurion is also a highly reputed Registered Agent for RAKICC offshore company setup, since its inception.
Company formation in UAE is completed in 2 days, and to open bank account it takes in 4 days.
OFFSHORE COMPANY & VAT (VALUE ADDED TAX)
VAT (VALUE ADDED TAX) is being implemented in the UAE from Jan 1, 2018 and it may be noted that Offshore jurisdictions and Offshore companies are outside the purview of VAT. Precisely due to this attraction, more investors are seeking the help of Registered Agents to set up company in Offshore.
FEATURES OF OFFSHORE COMPANY
- Non resident company
- No Office is permitted in the UAE. Office of the Registered Agent (Aurion Office address) is the legal address of Offshore company.
- No tax
- No Audit
- No Business within UAE
- No Chamber of Commerce registration, No import export code
- No Visas or Employees
- No Cheque book from bank
ADVANTAGES OF OFFSHORE COMPANY REGISTRATION IN UAE
- 2 days to register company
- Easy documentation
- Low setup cost and low maintenance cost
- Easy to transfer shares, Easy to close the company
- Bank account in UAE with leading UAE Banks
- Registered Agent office address will be the legal address of Company
- Total freedom to invoice Clients worldwide
- Can be kept as Holding company, under which several companies can be incorporated anywhere in the world
Video – Offshore Company Formation in UAE
Offshore Bank Account
Offshore company registration and opening Offshore Bank Account is a method to effectively manage the funds and save taxes. The investors should study the political stability, infrastructure, safety and security of a country before opening bank account. UAE is the most sought after place to open bank account in the Middle East. There are 28 International Banks operating in UAE like HSBC Middle East, Citi Bank, Standard Chartered, Llyod TSB Bank, Royal Bank of Scotland, Barclays bank etc. At present 23 National Banks operate in UAE like EmiratesNBD, Mashreq Bank, RAK Bank, Noor Bank, ADCB, NBAD etc. AURION provides total solutions to open and operate bank accounts in any Bank in UAE (United Arab Emirates).
Team AURION is closely working with banking professionals in order to make sure that the bank accounts are opened with minimum hassles and documentation.
Depending on the requirements of the Clients, we advise the suitable bank to open Offshore Bank Accounts.