Setting up Dubai Offshore Companies Is Easy with Maz Advisors
The Ras Al Khaimah (RAK) Government introduced the legislation in 2006 allowing the establishment of offshore International Companies and is just the second free zone within UAE to allow the incorporation of such entities. Offshore companies Dubai incorporated under International Companies Regulations act 2006 are relatively quick & easy to set up, low-cost to incorporate & manage when compared to other alternatives, and offer the entire advantages of the standard offshore structures like those in Cayman Islands or BVI. A business having such a structure can be incorporated through the registered agents. If you’re looking for a licensed registration agent, partner with Maz Advisors.
Regulations have been made to afford offshore companies Dubai & RAK the same standards of efficiency and convenience as those afforded by the other similarly-structured authorities. The major advantages of this Dubai offshore company formation mode are
- 100% income tax exemption
- 100% capital & profit repatriation
- 100% foreign ownership
- 100% corporate tax exemption
- No Export / Import duties
- Proximity to entire Gulf & global markets
- No Tax (IEA) Information Exchange Agreements
- No capital gains tax
- Express formation possible at extra cost
- No Value-added tax
- No Withholding tax
- No disclosure of beneficial owners
Bank accounts having most facilities are much easier to open in UAE with no requirement of legalized documents. There is no requirement for a physical presence in UAE for the incorporation, & offshore companies can have a corporate company secretary, corporate directors & shareholders. There is not any public register / directors / shareholders. A minimum of single director, just one company secretary, & a shareholder is all which is required at the time of offshore company formation dubai. The similar individual may fill all 3 positions. And for other further information regarding dubai offshore companies, you can contact to Maz Advisors, as they will provide expert advice to you.
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