Dubai offshore company
Offshore investments in Dubai are the safest and the most sought after investment option today. With sound and easy incorporation procedures and full Government support with no legislations seriously hampering the confidentiality and security of the investors/incorporators, Dubai has become the hot spot for new as well as investors wishing to shift jurisdictions.
Dubai being an opportunistic region in the Middle East linking the Gulf with all other countries, has a number of advantages including but not limited to state of art world banking opportunities, reliable and smooth port functions, friendly local population, with a world class lifestyle, alluring the rich and the famous to pitch a permanent camp in Dubai. Dubai is a country with no taxes imposed on offshore activity.
The advantages of incorporating an offshore entity in Dubai are as follows:
1. Tax Free Country
2. Account filing not imposed
3. No taxation information exchange agreements with other countries
4. No public records of directors and shareholders
5. Very confidential banking system geared with world class flexibility
6. Unique legislation system, with absolute assurance of no hindrance policy on investors.
OFFSHORE COMPANY FORMATION
The legislation which governs Dubai Offshore Companies (DOC's) was enacted in Jebel Ali Free Zone (JAFZ) in Dubai in May 2003. Unlike other offshore jurisdictions, the Jebel Ali Offshore authority provides a very confidential and secure environment without any Governmental interference.
Offshore entities under JAFZ do not pay any taxes on profits, gains, or on anything for that matter in the UAE.
Offshore entities under JAFZ’s corporate structure shall have:
Minimum one shareholder/ Minimum of two directors who are individuals and not body corporate as directors.
No restriction on minimum capital
Annual reports not statutorily required to be filed, however annual accounts must be audited and submitted to shareholders.
All entities shall end with the word LIMITED
Companies must maintain a local registered agency authorized by the JAFZ authorities as their agent and have a local registered office which the agent shall provide, (usually the agency’s office address shall become the offshore company’s address for correspondence)
Our annual inclusive fee is $5,000US
This includes;
a) Offshore registration and filing fees
b) Registered Agency fees
c) Registered office and corresponding address fee
d) Company Secretary
e) Company Bank account opening
f) Messenger charges from and to Dubai
g) Provision of fax and mail receiving facilities (mail and fax forwarding actual cost to be born by the client)
Annual renewal fee is: AED 12,500.00
Time Factor
Incorporation can be achieved in two weeks from receipt of funds and final documents to reach us from the DOC authorities will take one week to 2 two weeks, and to the client, 1 week
Dubaitaxhaven.com
