Offshore Company Formation

FREE EXPERT CONSULTATION
OFFSHORE COMPANY FORMATION

IN UAE
CLEVERCORP BUSINESS SETUP ADVISORS
+971-58-6412031
https://theclevercorp.com
 Among the various types of company formation, offshore holds a predominant position
in the International trade
 The business environment in UAE offers the foreign investors all the advantages of its
developed economy
 The most common jurisdictions to setup an offshore company are Mauritius,

British Virgin Islands (BVI), Cayman Islands etc
 There are certain low or zero tax jurisdictions which includes Malta, Hong Kong, Singapore etc
 Middle East is emerging as a Hub for offshore companies by its predominant factor of Income
and Business Tax free jurisdiction
 UAE is the predominant country hosting offshore jurisdictions namely Ajman,

Ras al Khaimah (RAK ICC) and Jebal Ali (JAFZA)
BENEFITS OF
OFFSHORE COMPANY
 Free enterprise system
 Highly developed transportation
 State-of-the-art telecommunications
 Top international exhibitions and conference
 High quality offices and residential accommodation
 Inexpensive workforce and easy recruitment procedures
 Reliable power, utilities etc

KEY BENEFITS OF
OFFSHORE COMPANY
 Asset protection
 Tax benefits
 Privacy and Anonimity
 Low operational cost
 Legal protection
 Bank Account
 Invoicing internationally
DOCUMENTS REQUIRED FOR
OFFSHORE COMPANY SETUP
 Passport copy of share holders
 Recent utility bill of share holders as an address proof
 Bank reference letter
 6 months personal bank statements
 CV /Resume
POPULAR BUSINESS ACTIVITIES
FOR OFFSHORE COMPANY SETUP
 Property holding
 International general trading
 Investment holding
 Consultancy services
AJMAN OFFSHORE COMPANY
FORMATION
Benefits of an Ajman Offshore Company
 Cost Effective Offshore Incorporation
 Privacy
 Tax Free
 Security
 Arranging Succession
 Simple and adaptable technique of organized foundation

JEBEL ALI (JAFZA)
Benefits and regulations of a JAFZA Offshore Company
 An offshore company has the capacity and privileges of a natural person
 No minimum capital requirement
 All shares must be fully paid when allocated and no bearer shares or differential
of shares are allowed
 The minimum number of Directors shall be two
 Every offshore company in Dubai should have a Secretary (a UAE resident)

who may also be a Director of the company
CONTINUED NEXT ------------>

JEBEL ALI (JAFZA)
Benefits and regulations of a JAFZA Offshore Company
 100% foreign ownership permitted
 Total tax and duty exemption
 An efficient regulatory regime
 Opening corporate bank account in a bank at Dubai
 A registered agent (legal firms, auditors, consultants) is required to be appointed

by the Company from the approved list of registered agents maintained by JAFZA
 We are an approved registered agent with JAFZA

JEBEL ALI (JAFZA)
Limitations of a JAFZA Offshore Company
 Accounts have to be audited and submitted to the Authority
 The company cannot rent local premises
 The shareholders are required to visit JAFZA in person
 Company cannot offer banking, insurance, consultancy or advertising services

RAS AL KHAIMAH
Benefits of a RAK Offshore Company
 No Corporate Tax and Income Tax
 100% ownership
 No foreign exchange controls, trade barriers or quotas
 No restrictions on capital repatriation
 Easy access to key decision makers
 Easy procedures for transfer of shares
CONTINUED NEXT ------------>

RAS AL KHAIMAH
Benefits of a RAK Offshore Company
 RAK ICC Offshore Companies may own yachts registered in the UAE
 A person resident in the UAE may hold shares in a RAK ICC Offshore Company
 Property Owning Company
 International and Professional Service Company
 Shipping and ship management companies
 Commission agents
REACH US @
Office No 1911,
Grosvenor Business Tower , Dubai Internet City,
Barsha heights , Dubai, UAE
PO BOX – 32182
+971-4-5804048
+971-58-6412031
[email protected]
https://theclevercorp.com
THANK YOU FOR WATCHING

Offshore Company Formation

Uploaded by

Document Information

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Offshore Company Formation

Uploaded by

Copyright:

Available Formats

FREE EXPERT CONSULTATION

OFFSHORE COMPANY FORMATION

 The most common jurisdictions to setup an offshore company are Mauritius,

 UAE is the predominant country hosting offshore jurisdictions namely Ajman,

 Free enterprise system

 Highly developed transportation

 Top international exhibitions and conference

 High quality offices and residential accommodation

 Inexpensive workforce and easy recruitment procedures

 Reliable power, utilities etc

 Privacy and Anonimity

 Low operational cost

 Passport copy of share holders

 Recent utility bill of share holders as an address proof

 Bank reference letter

 6 months personal bank statements

 International general trading

Benefits of an Ajman Offshore Company

 Cost Effective Offshore Incorporation

 Simple and adaptable technique of organized foundation

 An offshore company has the capacity and privileges of a natural person

 No minimum capital requirement

 The minimum number of Directors shall be two

 Every offshore company in Dubai should have a Secretary (a UAE resident)

CONTINUED NEXT ------------>

 100% foreign ownership permitted

 Total tax and duty exemption

 An efficient regulatory regime

 Opening corporate bank account in a bank at Dubai

 A registered agent (legal firms, auditors, consultants) is required to be appointed

 We are an approved registered agent with JAFZA

Limitations of a JAFZA Offshore Company

 Accounts have to be audited and submitted to the Authority

 The company cannot rent local premises

 The shareholders are required to visit JAFZA in person

 Company cannot offer banking, insurance, consultancy or advertising services

Benefits of a RAK Offshore Company

 No Corporate Tax and Income Tax

 No foreign exchange controls, trade barriers or quotas

 No restrictions on capital repatriation

 Easy access to key decision makers

 Easy procedures for transfer of shares

CONTINUED NEXT ------------>

Benefits of a RAK Offshore Company

 Property Owning Company

 International and Professional Service Company

 Shipping and ship management companies

You might also like