Overview
Planning for an offshore business setup in UAE, you have reached the right destination. We are Arab Business Consultant who will help you to start your offshore business in Dubai, UAE.
Here we will help you understand the process and documents required for an offshore company formation in the UAE.
What is an offshore company in Dubai?
An offshore business in Dubai refers to a company registered in a specific jurisdiction within Dubai called a Free Zone or a designated offshore zone.
These zones offer favorable tax regulations, simplified company setup procedures, and sometimes full ownership rights for foreign investors.
Dubai offshore economic structure attracts a huge number of international business owners due to huge tax exemptions, confidentiality, and ease of running an international business.
Offshore business setup in UAE is profitable for various purposes including asset protection, international trade, investment holding, and as a base for regional operations.
An offshore company setup in Dubai allows you to engage in various activities like trading, consulting, investment holding, and more.
Why consider an offshore business setup in UAE?
Starting an offshore business in UAE offers you countless benefits, here are the major advantages of it.
- Tax advantages
- Foreign ownership
- Confidentiality
- Access to the global market
- Business expansion
- Networking opportunities
Primary Steps to Start an Offshore Company in Dubai
An offshore business setup in Dubai is an easy and quick process with Arab Business Consultant. You do not need to have a physical space for starting an offshore company in Dubai. Here are the key steps to register an offshore business in Dubai:
Choose a Business Structure
Selecting the right business activities is important to get a long-term profit from your business. The major most popular legal structures to start an offshore business setup in Dubai are mentioned here:
- Offshore Foundation
- Offshore Trust
- Limited Liability Company (LLC)
- International Business Company (IBC)
Decide your Trade Name
Firstly, select your interested business activities for your business, then decide on a unique and relevant trade name for your business. Make sure you adhere to the naming guidelines set by the government of the UAE.
Submit Your Application for Business Setup
After deciding your business structure and company name, applicants must complete an application form and submit a collection of supporting papers. Some of the basic documents required for starting an offshore business setup in UAE include the following.
- A copy of your passport
- A copy of the original bank reference or 6 months of bank statements
- Utility bill for proof of address
- Bank reference letter
- CV
- Approved company name
- Your company’s business activity
Open Your Bank Account in UAE
Opening an offshore bank account in Dubai enables offshore businesses to incorporate and conduct business transactions.
If you are wondering about opening a bank account in Dubai, Arab Business Consultant is here to provide you with an affordable, fast, and easy finance solution.
We will help you to open a bank account in the top banks of the UAE. You need to submit the following for starting financial transactions in the UAE.
- Director’s registration
- Incorporation certificate
- Financial statement
- Proof of operating address
- Proof of registered address
- Shareholder certificate
Ready to Start Your Offshore Business in Dubai, UAE
We have demonstrated the major steps for an offshore business setup in UAE, including identifying a business structure and trade name, submitting required documents, and opening a bank account.
If you are planning to start your offshore business, contact Arab Business Consultant and make your business journey easy and smooth. Whether you are planning to register a freezone company, a mainland company, or an offshore company, we are here to provide you with personalized business setup services in Dubai, UAE.
Talk to our business consultants now and visit our site to explore more about business setup in the UAE.
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