There are four main zones for Offshore Company Set Up:

1.Offshore Company Set up in Ajman Free Zone

Ajman Offshore is under the regulations of Ajman Free Zone Authority. Just like any other offshore jurisdictions, it offers a Zero Taxation System and the company’s confidentiality/privacy & security are kept intact (The legal address of the offshore company is the address of the registered agent). There can be minimum 1 and maximum 5 shareholders under single license.

Documents Required for Incorporation of an Ajman Offshore Company:

*The desired name of the offshore company; (3 options)
*The number of shares for each shareholder in the offshore company;
*Passport copy of each shareholder of the company;
*A proof of residence for each shareholder in English (can be recent telephone bill);
*A description of the activities of the company;
*Articles of Association, Memorandum of Incorporation and the Application for incorporating an offshore company. As registered agents, we will prepare all these documents after the name and business activities are approved and will send the soft copy to the clients for them to sign.

2.Offshore Company Set up in RAK Free Zone

RAK Free Zone is an international business center for offshore setup. While, known as RAK offshore company or also a non-resident company. RAK offshore company formation enable individual and as well as corporate to conduct substantial amount of business; and also outsource back office services. RAK offshore offers a self- regulating Registrar of companies. Because, it helps to deal with the setup of all offshore company.

Advantages of RAK Offshore Company Formation:

• RAK offshore is 100% tax free. tax, no income tax and no VAT.
• RAK offshore allow 100% ownership.
• No local sponsor requires to set up a RAK offshore company.
• To set up RAK offshore; we need at least one director, one share holder and as well as one secretary.
• Using RAK offshore company, you can own real free hold properties in UAE.
• 100% capital and as well as profit repatriation.
• No NOC is required in case of employment in the UAE or other GCC states.
• Physical presence is not required in UAE.
• No annual audit is requiring to renew RAK offshore company formation.
• RAK offshore can hold IP like trademark, patent, and as well as copy right.
• RAK offshore company allow to open a multi-currency bank account.

3. The Offshore Busniess Set up in Dubai Free Zone

An Offshore Business Setup structure is perfect for companies operating in the international markets. It helps in limiting the cost of the operation, save tax, protect identity, avoid the customs duty, etc. Dubai Offshore is one of the most lucrative business locations due to its proximity to the Dubai Port and well-connected transport links to the rest of UAE and the Middle East.

The Dubai Offshore is the perfect choice for companies indulged in international trading, export/import, logistics, and shipping, etc. The investor advantages such as no renting of office or any industrial premises, no registration with the Chamber of Commerce, no residency visa required, tax savings, no customs duty, etc. are making Dubai Offshore one of the most sought-after Offshore Zones of the UAE. For Offshore business set up in Dubai, give us a call right away and our expert Business Consultants will be happy to help you.

Shareholders need not come to UAE for setting up offshore company. They can courier the signed documents to us.

Following are the main reasons for why offshore company formation in Dubai:

• Dubai is an independent city and is not a member of the Organization for Economic Cooperation and Development (OECD).
• No foreign exchange of information of shareholders for the Dubai offshore.
• It is not a part of the EU, and is not subject to EU rules and regulation.
• Dubai is politically and as well as economically stable.
• Well design and as well as develop jurisdiction.
• A modern and as well as flexible judicial structure.
• Fast and as well as simple set up process.
• Favorable banking structure.

4.Offshore Business Set up in Jebel Ali Free Zone

The idea of JAFZA offshore company was first host in Dubai in 2001, But it took physical shape on 01-15-2003. Jebel Ali offshore company is defining as a non-resident company having a corporate legal structure. JAFZA Offshore Company formation 2003 allows individual as well as corporate entity to register an offshore company.

 

Benefits of JAFZA Offshore Company formation:

 

• JAFZA offshore allow 100% ownership.
• No minimum share capital is need to set up the JAFZA offshore.
• It is also allowing to register Dubai property under JAFZA offshore
• It also allows full repatriation of profit and as well as capital.
• JAFZA offshore is 100% duty free; that is no income tax as well as no custom duty.
• Ease of control, maintenance as well as the operation is very easy.
• It is also use for an asset Protection; as well as for a shareholding in some other free zone company.

UAE is a“Tax-Free”business territory

Thanks to the EU Savings Directive of 2003, and recent US-EU initiatives to wipe out tax havens, the UAE has become the better place to incorporate offshore companies for various reasons and purposes. The UAE enjoys a reputation as a secure, tax-free jurisdiction for international banking and Company Incorporation. Time Zone Business Management Consultancy offers reasonable offshore company packages and assistance in offshore Bank Accounts.