As a business owner, you must be constantly seeking different ways to protect your hard-earned business earnings from political bandits in the name of taxes. I am sure, as a business owner, you must have also dreamt of establishing a key presence of your business in a healthy international environment, such as an offshore company in Dubai.
But don’t get intimidated of the term ‘international presence’ because there are professional business consultants who can make your Dubai offshore company formation process, not just a piece of cake, but also a cakewalk with some great benefits.
You need to bear in mind that the complete formation of your UAE offshore company has to be processed only by those authorized agents of the Freezone authority.
The UAE breathes on a whitelisted economic system, which proves to be a great launch pad to establish your offshore incorporation presence in the Middle East.
And since, your offshore company is domiciled in a UAE free zone, the first icebreaker is that your company is exposed to a healthy business environment, which is tax-free; the minimum registry of local shareholders, and directors is one, and above all it builds your market and brand image among your clients.
There are as many as 40 countries, which offer double tax relief for offshore companies, because of the double tax avoidance agreement (DTAA) signed between them and the UAE government. USA, UK, Luxemburg, India, China, Pakistan, Georgia, Denmark etc., are some of the countries, which enjoy benefits of this double tax relief treaty.
You are entitled to a 100% expatriate ownership; you are free from the dilemma of capital deposit; you can hold a bank account in the UAE, etc., you may also even own your own property in the UAE, subject to approval of the investment authority.
Which zone is good for your business?
There are currently three freezones (FZs) in the UAE, from which you can choose to set up your offshore company i.e Ras Al Khaimah (RAK Offshore), Jebel Ali Free Zone, and the Ajman Free Zone. Each of the FZs has its own unique features and common benefits, depending on the nature of your business. And, our professional consultants would help you decide, which FZ would be most beneficial for your business setup in Dubai.
Consulting the right Consultant
The consultant would play the role of your ‘knowledge partner’, and guide you through the entire process of the set-up, diligently taking care of every meticulous detail, including all legalities. Hence, partnering with the right consultant, authorised by the freezone authority, is a critical process. You do not want to loose your investment with fly-by-night business consultant operators.
Professional business consultants should treat you to transparent, hassle-free, customized business solutions, to register and set-up your business as an offshore company in one of the three free zones. Their professional expertise usually includes, unburdening you from cumbersome nitty gritty legal procedures, and creating a hassle free environment for your business operations.
The right business consultant will definitely play a key role in augmenting the growth of your Dubai offshore company in the right direction. And establishing your offshore presence in the UAE would definitely transform your business into a global player in the business world.
Amtecum Consultancy DMCC