Dubai is one of the significant trade gateways gaining traction from entrepreneurs and investors from across the globe. If you plan to set up a business in Dubai, the first and most crucial step is choosing an appropriate jurisdiction based on your company's needs. An offshore company might attract your interest due to the numerous benefits it offers, such as tax advantages, international connectivity, and high-end infrastructure, among others.
Read this blog to understand the benefits of offshore companies in Dubai and how they can be a suitable alternative for your business.
Back to topAdvantages of an Offshore Company in Dubai
Some of the key benefits of an offshore company in Dubai include:
Zero Minimum Capital Requirement
One of the major advantages of setting up an offshore company in Dubai is that you do not need a substantial amount of capital investment. This makes it a more feasible option for businesses of all sizes.
No Double Taxation
Dubai has double taxation agreements with various nations. This is to ensure that profits made by businesses are not taxed twice. An offshore company can offer you this advantage and significantly reduce your tax burden while improving your corporate profits.
No Custom Duty
Offshore company formation in Dubai offers complete exemptions from customs duties on both imports and exports. This reduces the time and money used to facilitate international business activities.
Tax Benefits
Investors planning to launch a Dubai offshore company can enjoy a favourable tax regime with no income or corporate tax. This allows businesses to keep the entire profit to themselves and reinvest it to support their business growth in the future.
Confidentiality and Privacy
Entrepreneurs who establish their offshore companies are very concerned about their confidentiality. Dubai's offshore jurisdiction offers complete privacy by not publicly disclosing the details of any shareholders.
Easy Global Transactions
You can easily facilitate global transactions and provide consulting and management services from anywhere in the world.
Property Ownership
Offshore companies can purchase properties in specific areas of Dubai. This can be a strategic investment for companies who wish to have a physical presence in the UAE.
Seamless Company Setup Process
Setting up a company in Dubai offshore is a straightforward and seamless process, often completed in a few working days.
Your business deserves the best. Unlock the incredible benefits offered by Dubai’s offshore jurisdiction. Our expert business setup consultants can assist you with the entire process of setting up a Dubai offshore company.
Back to topCost of Establishing an Offshore Company in Dubai
The overall cost of establishing an offshore company in Dubai depends on the type and complexity of your business. It mainly includes fees for offshore business formation, as well as registered office address and agent fees, among others.
Back to topDo you need to perform audits for a Dubai offshore company?
Yes, all the offshore companies in Dubai are subject to audits in compliance with the regulations of the specific jurisdiction.
Should the director of a Dubai offshore company be a UAE national?
No, the director of an offshore company in Dubai can have any citizenship.
Is it mandatory to have a registered agent for an offshore company in Dubai?
Yes, the offshore companies in Dubai are required to have a registered agent to serve as a local point of contact for the business.
