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Offshore company formation in Dubai

An offshore business in the UAE is ideal, tax-efficient and a cost-effective set up. They are businesses that are registered in Dubai but set base in offshore locations outside the UAE u2013 depicting a wholly owned subsidiary which is legally tax exempt and has no annual accounting & tax obligations.

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Offshore company formation in Dubai

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  1. An Overview on Offshore Company formation in Dubai An offshore business in the UAE is ideal, tax-efficient and a cost-effective set up. They are businesses that are registered in Dubai but set base in offshore locations outside the UAE – depicting a wholly owned subsidiary which is legally tax exempt and has no annual accounting & tax obligations. Selection of an appropriate offshore center that suits the requirements of your business is fundamental to any offshore company formation service in Dubai, given your tax planning or asset holding. Taking a well-informed decision at the initial stage, in consultation with qualified advisers, ensures that your company is built on a strong foundation. What are the advantages of an offshore company formation in UAE? - - It’s easy to set up, is tax beneficial and one of the best for international trading Foreign investors can own 100% of the offshore company, while not required to have a physical office, as is the case with other company formation types. An offshore company can operate multi-currency bank accounts, facilitating easy international transactions. When opting for offshore company formation services in the UAE, consultants will guide you & ensure a seamless process. An offshore company is exempt from all accounting and tax obligations. - - What are the disadvantages of an offshore company set up in the UAE? - - An offshore company isn’t allowed to trade in Dubai and UAE. An offshore company cannot have local staff, nor by means of employing them or sponsoring their visas. An offshore business cannot invest in UAE’s real estate market. - While every decision has its pros and cons, depending on your business and requirements, experts in company formation can help you set up your business in the UAE. With PKF UAE and their experience of creating and reviewing business plans ideally places them to advice on the suitability of using offshore financial centers as a part of your long-term financial planning. They come with years of long-standing relationships with all the important offshore centers, ensuring that you receive fast, responsive, and efficient services to assist offshore company setup in Dubai and across the region.

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