The most common business configuration in the UAE is the Offshore Business Setup. Generally, a foreign corporate entity that offers low or no tax benefits is known as an offshore corporation.
Additionally, they provide the best solutions for managing finances, doing smart foreign investments, managing businesses, and operating businesses freely and easily.
Offshore firms are organizations that are registered in Dubai but are permitted to have their headquarters elsewhere offshore, outside of Dubai. Generally, limited liability corporations, limited businesses, and limited partnerships can all be formed Offshore Business Setups in Dubai.

Advantages of Dubai offshore company formations

  • No taxes and customs duty
  • Full repatriation of profits
  • 100% foreign ownership is permitted
  • Only one shareholder and a director required to register the company
  • Any currency can be used as capital for the company
  • No requirement to deposit the money in the offshore bank account
  • The shareholders are benefitted from the privacy
  • Finally, setting up an offshore company is a cheap and easy way to open a corporate bank account

Documents Required to Start an Offshore Business setup in Dubai – UAE

  • Business plan
  • Original Bank reference letter or 6 monthly bank statements.
  • Proof of Address
  • CV of the shareholders.
  • Passport copies of the shareholders.
  • 3 options for name reservation.
  • Business Activity

However, with a great experience in Offshore Business setup in UAE, we at Business Setup Worldwide assist in all procedures from start to end for opening a foreign company bank account here.
Chiefly, our business advisors are well-versed in offshore incorporation proceedings and can help you deal with the process in an error-free way. Moreover, holding industry experience has given them the potential to understand the business needs and provide tailored solutions suiting the business needs.
Particularly, if you are looking forward to starting your Offshore Business Setup in Dubai, UAE, please contact us today- we’d be happy to help you.

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