Why Set Up a Dubai Offshore Company?

A Dubai offshore company is an excellent, tax efficient and cost effective corporate structure for entrepreneurs to conduct international trade. The following is an overview of the Dubai offshore company, and whether it is the optimum corporate structure to fulfil your international business objectives.
Advantages of a Dubai offshore company
1.	If properly structured, a Dubai offshore company is legitimately exempt from corporate tax, making it an ideal international trading vehicle.
2.	A Dubai offshore company portrays a good image to clients, suppliers and even potential venture capitalists. Dubai is a globally-recognised jurisdiction which does not have the same 'tax haven' stigma as Caribbean jurisdictions such as the Bahamas and the British Virgin Islands.
3.	A Dubai offshore company is confidential. There is no public register of shareholders and directors.
4.	A Dubai offshore company is quick and easy to set up, particularly when compared to other business types in Dubai.
Disadvantages of a Dubai offshore company
1.	A Dubai offshore company is not permitted to trade in Dubai or the UAE in general.
2.	A Dubai offshore company cannot rent local premises in the UAE, nor employ staff in the UAE.
3.	A Dubai offshore company must submit audited financial statements annually to the Dubai government.
Contact Us
For more information on the Dubai offshore company corporate structure, contact email@healyconsultants.com or telephone us at (+65) 6735 0120.
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