Why Set Up a UAE Offshore Company?

A UAE offshore company is a useful corporate structure for international business for the following purposes. Based on our professional expertise we believe investors will benefit by incorporating an offshore company in the UAE because:
1.	A UAE offshore company portrays a good image to your clients and suppliers. The company does not have tax haven stigma attached to it.
2.	UAE offshore company set up is quick and straightforward, particularly when compared to other business types in UAE.
3.	An offshore company in the UAE is a tax-free corporate structure.
4.	Formation of a UAE offshore company can be used to protect assets, manage risk and enhance security of property rights.
5.	A UAE offshore company can be confidential. There is no public register of shareholders and directors.
6.	A minimum of one shareholder and two directors are ordinarily required for setting up an offshore company in the UAE.
7.	A UAE offshore company can obtain a corporate bank account in the region.
8.	A UAE offshore company set up in Jebel Ali Free Zone in Dubai can own real estate on Palm Islands as well as other projects owned by the Nakheel Company LLC and those approved by the JAFZA.
However, our Clients should consider the following before deciding on setting up an offshore company in the UAE:
1.	A UAE offshore company has restrictions. For example, a Dubai offshore company cannot conduct business or trade within Dubai or the UAE.
2.	An offshore company in the UAE cannot rent local premises in the UAE, nor employ staff in the UAE.
3.	A UAE offshore company must maintain a local registered office in the region and appoint an approved registered agent.
4.	A UAE offshore company must submit audited financial statements annually to the UAE government.
Contact Us
For more information on UAE offshore company formation, email email@healyconsultants.com or telephone us at (+65) 6735 0120.
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