Offshore company formation is a unique setup where you can start a company even outside of the country. You may not need to acquire rented offices and get many benefits from the country as well. There are special tax benefits as you may not need to give them. Whole ownership of the company can be owned by you. Global trading also becomes easy as you can get international customers without even being present in UAE. Another advantage is that you may have multiple investors and carry out multiple business activities. You may have to check for the rules and regulations of a country while choosing a jurisdiction. There are many venues to start an offshore company such as British Virgin Islands, Cayman Islands, and Mauritius. RAK offshore is also an excellent venue to establish a new offshore company.
Offshore company is a company structure that requires minimum share capital and is designed overall to minimize internal tax liability. You may also directly invest in specific jurisdictions and have full ownership of intellectual property. You also can extend a property owner number up to 50 as a single villa or an office can be owned by many people, so in a company it can be owned up to this number, and the ownership is registered to the offshore company. All these stuff can be proved to be an advantage but also become a source of hectic as all of these require loads of documentation which may be very tough to deal with alone. We here at Bizvirtue have highly experienced staff to deal with all kinds of problems you may face to start an offshore company anywhere in UAE. so that you may have no problem in this industry.
Offshore company is one option to start a business outside the country. You have many benefits of offshore company formation in UAE and those benefits can be used by proper guidance
We at Biz Virtue are here to listen and guide you through the whole hectic process.
- Total ownership
- Flexible regulatory regime
- No need for a physical office
- Global funding access
- Tax free
- No need to share the names of the shareholders
- Passport copies of owner
- Proof of residential address
- Bank reference
- Trade name of the company