Offshore Companies in UAE are different from UAE Free Zone Companies. An Offshore Company is a legal business entity that is set up with the intention of operating outside its registered jurisdiction and/or the location of its ultimate ownership.
There could be many reasons opening an Offshore Company, but common reasons for opening offshore corporate structure include:
- Providing a gateway for international market expansion.
- Access to a stable and business-friendly legal system.
- Access to a more flexible regulatory regime.
- Offering tax neutrality on international earnings in respect of (depending on jurisdiction) personal or company income, capital gains and inheritance taxes.
- Offering easy access to global funding.
- Providing a vehicle to separate or protect assets, such as Intellectual Property, from operating entities and for corporate structuring.
Premier Brains is a registered Agent with JAFZA Offshore and your one stop shop for opening offshore companies in UAE.