UAE OFFSHORE COMPANY FORMATION

What is an Offshore Company?

An offshore company is a company which does not carry out any substantial business activities in its country of formation and is framed in a law of no tax jurisdiction for the purposes of legally reducing any kind of tax payment and enhancing one's wealth management. Mostly one would open an offshore company to secure confidentiality over their financial matters and increase wealth without interruption. Offshore companies can eliminate or cut down many types of tax payments such as: Capital gains, V.A.T, Death duty, profits on business earnings and property sales. An offshore company legitimately helps one in gaining confidentiality over one's financial affairs and growing one's wealth.

RAK Offshore

More or less a new offshore jurisdiction but RAK Offshore companies are flexible IBCs that can serve many objectives; trading operations, asset protection, tax planning, real estate holding, trusts, funds etc…

Genius Business Consultancy FZ LLC is Corporate Service Providers (Registered Agents-RAKOFFSHORE), Government of Ras Al Khaimah, UAE.

GBC is the UAE’s fastest growing UAE OFFSHORE BUISNESS SET UP COMPANY designed to assist for everyone who wants to setting up their company with minimal cost & hassle free in UAE.

Benefit of UAE OFFSHORE COMPANY

  • 100% income tax exemption
  • 100% corporate tax exemption
  • 100% capital and profit repatriation
  • 100% ownership in Free Zones
  • No capital gains tax
  • No Value-added tax
  • No Withholding tax
  • Proximity to entire Gulf and global markets

Main features of UAE OFFSHORE COMPANY

  • It does not need to have physical offices in the UAE.
  • It may not carry on business within the UAE.
  • It may not obtain UAE Residency Visa.
  • It may have non UAE resident as director or shareholder.
  • It may have UAE resident as director or shareholder.
  • It may have corporate shareholder/corporate director
  • It does not require the shareholder/director to be physically present in   the UAE for incorporation
  • It may own real estate in the UAE, with prior authorization from RAK Investment Authority.
  • It may not do banking and insurance business without special license.
  • It may maintain bank accounts and deposits in the UAE or worldwide.
  • It is not obliged to maintain its books and records.
  • It may hold shares in other UAE and worldwide companies.
  • Set up time: 48 hours.

Disclaimer
Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal or other professional advice. GBC

does not accept any responsibility, legal or otherwise, for any errors or omission.
Follow Us on :

Disclaimer :The logo, name and Graphics of GBC and its products and services are the trademarks of GBC. All other company names, brand names, trademarks and logos mentioned on this website are the property of their respective owners and do not constitute or imply endorsement, sponsorship or recommendation thereof by GBC and do not constitute or imply endorsement, sponsorship or recommendation of GBC by the respective trademark owner.