Dubai Offshore Company Formation / Registration

Dubai Offshore Company Formation / Registration

Dubai Offshore Companies and their Tax Liability. www.dubaibusinesskey.com 

Bari Name of Trust Leading business Setup corporate services provider in Dubai UAE.

www.dubaibusinesskey.com 

Bari Group provides a range of Business setup, offshore company formation, Free zone company formation services in United Arab Emirates.

Business setup in Dubai

Local services agent services

Business management in UAE

Setting up Business in Free zone

Business advisor in Dubai

UAE Free zones

Dubai UAE, is one of the best against the other tax haven states in Europe, Far East or south or north United States.

We also assist our clients for

Dubai offshore company banking according to their choice of UAE Banks for opening an account

Dubai Offshore Company Formation / Registration

UAE Offshore Company Formation / Registration

RAK Offshore Company Formation / Registration

Ajman Offshore Company Formation / Registration

RAK Free Trade zone Offshore Company Formation / Registration

Dubai Offshore Company Anonymity and Disclosure

A Dubai registered company offers very good privacy and confidentiality, particularly given the fact that Dubai has no information exchange treaties. A minimum of one shareholder and one director is required to comply with company formation regulations in RAK Investment Authority, RAKIA, Ras Al Khaimah Free Trade Zone, Ajman or in Jabel Ali Free zone Authority JAFZA. There is no restriction on the maximum number of shareholders, and corporate shareholders are allowed. There is no register of shareholders or directors with Ras Al Khaimah company formation and therefore complete anonymity.

As a result Dubai companies are favoured in asset protection schemes. If this was your motive in using a Dubai company though you would need to consider the impact of any double tax treaty.

These will often contain exchange of information provisions and can be used by overseas tax authorities to request information from the Dubai tax authorities.

A common technique, particularly for e-commerce businesses, is to form an offshore company such as a Panama or British Virgin Islands IBC and to register it in one of the free trade zones. The Dubai Internet City (DIC) is a free trade zone specifically for ecommerce business. This would then guarantee no Dubai taxes for 50 years.

The combination of Dubai and a good offshore jurisdiction such as the British Virgin Islands would ensure that there would be no disclosure of shareholders and only limited disclosure of the directors (potentially only nominee directors) so reinforcing the asset protection benefits.

Dubai Offshore Company Shares/ dubaibusinesskey.com 

The minimum capital requirement of a RAKIC is AED1, 000. Share capital must be denominated in UAE Dirhams (AED) divided into shares of AED1, 000 each. Dubai offshore companies may create different classes of shares in one or more series having their own rights, privileges, restrictions and conditions specified. Bearer shares can be issued but must be lodged with the Registered Agent. The Registered Agent must maintain the particulars of the beneficial owners of the company & Bari and Co is a registered agent with Government authorities.

 info@dubaibusinesskey.com

www.dubaibusinesskey.com