In business language “Offshore company” is a term used to define any business or investment made outside the country of residence, this type of formation is mostly preferred by businessmen who wants to have a business registered in a tax-free state but they manage the business from anywhere in the world.
Why Should I open offshore company in the UAE?
With an offshore company, you can run your business from anywhere in the world and you do not need to be in the UAE.
You will have a bank account in UAE and you can invoice your clients through it.
No need for an office to be rented.
As a “tax-free” business territory, UAE is one of the well- known jurisdictions in the world for incorporating offshore company.
No residence visas for this type of incorporation.
Privacy & Confidentiality and Asset Protection as it allows one hundred percent (100%) foreign ownership.
Flexible Business Laws & Lawsuit Protection.
No accounting or auditing requirements.
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