Comprehensive Guide to Offshore Company Formation in UAE: Benefits and Jurisdictions | |
Offshore company formation in the UAE involves establishing a legal entity that operates outside its registered jurisdiction. This setup is attractive for individuals and companies seeking tax exemptions, asset protection, and relaxed regulations. Notably, the Jebel Ali Free Zone Authority, Ras Al Khaimah Free Trade Zone (RAKFTZ), Ras Al Khaimah Investment Authority (RAKIA), and Ajman Offshore jurisdiction are key zones for offshore company setup in the UAE. Offshore companies do not have a physical presence in the UAE and cannot conduct business directly within the country. Instead, they focus on international transactions and asset holding, offering confidentiality and strategic advantages for high-net-worth individuals and businesses. | |
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Target Prov.: All Provinces Target City : Dubai Last Update : Jul 30, 2024 1:32 AM Number of Views: 39 | Item Owner : elevateauditing Contact Email: Contact Phone: 44258131 |
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