Must Know Facts one need to know before you decide to form an offshore company in Dubai

Make the best of what offshore companies can offer you by doing a pro-active analysis of options before you make the move. You can choose from three different types of companies based on your needs. An offshore company is the cheapest to form with 100% tax exemption, 100% foreign ownership, bank account in UAE but with a restriction to trading within the UAE. It does not allow any business to operate in a physical location inside Dubai. These typically take 6-8 weeks to register. when the question arise for reliable offshore company formation, first choice is always Dubai

You can also form a Free-Zone company in the Dubai Free Zones. This can be a branch of the foreign company and requires a local service agent. Trading within the free zones (restricted elsewhere in the UAE), international trading and real estate ownership is allowed.But a Limited Liability Company (LLC) gives you full access and is ideal when your customers are based in Dubai. This requires a local shareholder with at least 51 percent of shares and is the costliest of the three. This gives full freedom of trading within the UAE and internationally.Both Free-zone and Free-zone LLCs have common features such as residence Visa, onshore tax resident status and a physical office location in Dubai.

This entry was posted on April 2, 2015, in Company.