How to Start an Offshore Company in UAE?

1
How to Start an Offshore Company in UAE ?
2
An Overview

• The term Offshore showcases the scenario where
  people set up businesses with an intent to avail
  of tax-exemption benefits. Tax benefits have
  always attracted investors.
• The United Arab Emirates (UAE) is one of the best
  destinations to set up your dream business. Well,
  UAE is a popular offshore jurisdiction. In fact,
  the entrepreneurs and business owners have always
  been focusing on the UAE to take their business
  globally.
• Wondering, why?

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Lets dive straight into some advantages of
offshore company formation in the UAE

• 100 foreign ownership
• No taxes and customs duty
• Full repatriation of profits
• A speedier incorporation process
• Protected assets
• Lawsuit Protection
• Undeniably, there are so many benefits of
  starting an offshore company in the UAE but you
  need to undergo a certain set of processes.

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Procedure For Offshore Company Formation in UAE
(i)
(ii)

• Fill an Application

• Select a Company Name

(iii)
(iv)

• Open an Offshore Bank Account

• Draft the MOA and AOA

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Select a Company Name

• Make sure that the name of your company is
  verified with the Registrar. Also, try not to
  include words like building society, insurance,
  cooperative, bank, trust, chartered, fund,
  Emirate, mutual fund, Chamber of Commerce, and
  more.
• Also, your company should be ended with Ltd. Or
  Incorporated.

6
Fill an Application

• Fill up the application form with relevant
  documents including identity proof, address
  proof, well-crafted business plan, attach copies
  of shareholders and directors.

7
Draft the MOA and AOA

• The Memorandum of Association (MOA) and the
  Articles of Association (AOA) are reviewed by the
  authority to start your company.

8
Open an Offshore Bank Account

• After this, the final move is to proceed with
  business transactions.

9
Thanks

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