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Establishing an offshore company in the UAE

The UAE grants offshore companies full financial freedoms with regard to opening bank accounts within the country. However, despite the existence of many privileges, there are some restrictions as well, as the actual presence of these companies is not allowed inside the country, and they are not authorized to obtain work visas. The offshore companies license is primarily used by holding companies, and is strategically integrated into international business operations, taking advantage of the financial and tax advantages offered by the UAE.

Advantages of establishing offshore companies in the UAE

  • Cost of establishment

    This type of company has low start-up costs that allow a strong start towards global expansion.

  • Establishment procedure

    The incorporation process is based on fast and smooth procedures that give the Investor time to start up..

  • Tax privileges

    Offshore companies in the UAE have many tax advantages such as exemption from personal income tax, which enhances the opportunity to multiply their profits and prosper.

  • Asset and property protection

    The legal framework of the UAE guarantees full protection of commercial assets and emphasizes the existence of a safe investment environment for companies in all their legal forms.

  • Improving capital efficiency

    The UAE provides opportunities to improve capital efficiency through the abolition of paid-up capital, this privilege represents a strong point in terms of the company's financial obligations and operational capabilities.

  • Multiple bank accounts

    Offshore companies are eligible to open multiple bank accounts in the UAE. This ensures greater efficiency in financial management.

  • Global expansion

    The UAE is strategically located as a meeting point and springboard to global markets in the Middle East, Europe, Asia and Africa .The establishment of an offshore company in the UAE means ensuring access to a global market at a promising pace.

The most important business licenses in free zones

The labor laws in the UAE free zones grant multiple options for commercial licenses, which vary depending on the business activity. The popularity of commercial licenses in free zones varies depending on the region and the status of the application. One of the most popular business licenses in the UAE free zones:

Commercial activity

It is suitable for companies engaged in commercial activities, such as import and export business, wholesale and retail trade.

Professional activity

This activity concerns professionals who provide specialized services, including consultants, accountants, engineers and all other service professions.

Holding companies

The activity of holding companies is the ideal option for companies that remotely own and manage investments in other companies, assets or real estate.

Service activity

This activity serves companies engaged in the provision of services, such as IT services, healthcare services, education, hospitality services, and supply management services.

Steps to register an offshore company

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