Offshore Company Formation

UAE offshore company is a legal entity established in UAE offshore financial center, being protected by specific legislation which guarantees a status of full tax exemption, except for a small yearly license fee, and generally a high level of privacy. It is an entity specifically designed to be used by non-residents only.

UAE offshore company can be an extremely resilient corporate entity commonly used in intercontinental tax planning, and can be amalgamated into abroad variety of business agreements. Tax augmentation, benefit (asset)protection and confidentiality are just some of the reimbursements which can be obtained by a proper application of an offshore company.

The International Business Companies (IBC) Registry allows foreign investors to register offshore companies as RAK Offshore without the need to establish a physical presence in the UAE. Companies are usually incorporated within 24 hours. Any non-resident individual or corporate entity can register a company.

Many jurisdictions are considered only as tax havens. The United Arab Emirates is a real country with a real economy with a population of approximately more than 4 million. It has an established history of international trade, finance and business, and today it is one of the fastest growing countries in the world with one of the highest standards of living.The choice of a suitable jurisdiction is an important decision and requires careful considerations.

Important aspects to be examined and which RAKICC (Ras Al Khaimah International Corporate Centre) offers may be outlined as follows:

By setting up UAE offshore company, businesses can expand their commercial activity outside UAE. The Emirate of Ras Al Khaimah (RAK) has launched associate degree offshore facility. The International Business corporations (IBC) written account permits foreign investors to register offshore corporations as RAKICC, a division of RAK International Corporate Centre (RAKICC) while not the necessity to ascertain a physical presence within the UAE.

United Arab Emirate’s geographical proximity and cultural similarities make it a prime location for businesses from countries within the Gulf and also the nearest. These countries have already got sturdy business links with the United Arab Emirates. RAKICC is additionally seemingly to profit from the very fact that some countries within the region suffer from political unrestand/or quality protection problems.

The United Arab Emirates is a ‘real’ country with a ‘real economy’ with a population of roughly four million. it’s a longtime history of international trade ,finance and business.Today it’s one of the fastest growing countries within the world with one among the very best standards of living.