Benefits of offshore company formation

At times business people consider paying tax as a big burden in their native countries. Such people start searching for an international location where they are able to do business in a comfortable and economical way. The oil country UAE has started attracting many business magnets towards it by providing many facilities and tax holidays. Now many companies are planning to have a business setup in Dubai. By making Dubai free zone as a major business hub they are able to do international business in an effective way.

An offshore business consultant is able to guide companies and investors in a right path on how to reduce operation cost, transportation cost and various other expenses by opening a base in any of the free zones in the UAE. Some of the services offered by them include assistance in starting an offshore company, maintaining an offshore company, restoring the operations of an offshore company, structuring an offshore company, forming a company in the desired location of a free zone and providing an registered address to it. All these services help a company in running an offshore business in a successful way.

Why investors are attracted towards offshore business in UAE?

The investors are able to enjoy many benefits of offshore company formation in any of the free zones of the UAE. Some of the benefits of an offshore company in the UAE are the following:-

Protection of assets – One can buy assets in the country and ask for legal protection. Most of the companies are interested in accumulating assets in different locations of a country. In UAE all the assets will get proper protection.

 Investment of shares – Unlike in other countries, here it is easy to invest in the shares of different companies. By investing in different companies an investor is able to accumulate profit without paying a major amount in the form of tax.

 Economical company formation procedures – Almost all free zones have perfect legal structure. It is easy to form an offshore company in any of the free zones. All you have to do is submit all necessary documents on time. The authorities will give a reply within a short period of time. Moreover, you don’t have to spend a lot for starting a company. Government is providing all kinds of assistance in beginning a firm in the country.

 Buy and sell through offshore companies – You can buy and sell assets through offshore companies without much complication. Again, tax payments on transactions are very low when compare the same with other countries.

Maintaining the anonymity – You can remain here in the cloak-and-dagger form. No one will be there to disturb your anonymity.

Free bank account – There are free zones that offer free bank accounts for companies starting in particular free zones. One has to gather more information on this regard.

An offshore company gets lot more benefits in the free zones of the UAE. Next time you can think about starting an offshore company here.