Setting up an offshore company in Dubai is one way for entrepreneurs can conduct international business using a tax efficient and cost effective corporate structure. The following are some points to note when considering if an offshore company in Dubai is the optimum corporate structure to achieve the business objectives of your company. |
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| 1. | An offshore company in Dubai has no details on a public register of directors and shareholders. |
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| 2. | If properly structured, an offshore company in Dubai is legitimately exempt from corporate tax, making it an excellent international trading vehicle. |
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| 3. | Having a Dubai offshore company can portray a positive image to clients, suppliers and potential investors. Dubai is a globally-recognised jurisdiction which does not carry any negative stigma of being a 'tax haven' sometimes associated with other jurisdictions such as the Bahamas and the British Virgin Islands. |
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| 4. | While an offshore company in Dubai has its advantages, it is not suitable for all business objectives. Disadvantages of an offshore company in Dubai include: |
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The offshore company cannot rent local premises in the UAE, nor employ staff in the UAE. |
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The company must submit audited financial statements annually to the Dubai government. |
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An offshore company in Dubai is not permitted to trade in Dubai or the UAE in general. |
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| 5. | Apart from an offshore company, there are a range of options for investors wanting to invest in Dubai. These include: |
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| Contact Us | ||||
For additional information on setting up an offshore company in Dubai, email email@healyconsultants.com or call us at (+65) 6735 0120 |
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Back to Dubai Company Formation page. |
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