Offshore License
Offshore company requires you to know the rules and procedure for starting and offshore company registration in UAE and this is where Mkb Business Management Services takes care for you with the knowledge and experience of its experienced experts, providing you with the top-quality service. Mkb Business Management Services helps companies to get registered as Offshore or free zone companies and to get the legal formalities done during business setup. An offshore company is a legal entity set up to operate outside its registered jurisdiction and / or sole proprietorship.
Benefits of Offshore Companies in Dubai UAE Emirates
- 100% Tax free Business
- 100% foreign ownership is allowed
- Hold multi-currency bank accounts
- Minimum of 1 Director / Shareholder
- There are no foreign currency restrictions
- There is no public register of company officers
- No necessity for finding a UAE national a shareholder or sponsor
- The setting-up costs are comparatively less
- The offshore company is exempted from all corporate and income taxes
Process of Offshore Company Setup
- Choose your type of business
- Pick a company name that suits your business
- Prepare the AOA and MOA
- Submit together with all necessary documents
Documents required:
- Passport Copy
- Bank reference letter
- Preparation of registration forms
- A utility bill as proof of address
- Preparation of memorandum and articles of association
- Emirates ID Copy