Behandy Facility Management / Business Setup / OffShore
Company Incorporation OffShore
Going offshore is the most modern popular way of managing business as they offer excellent and tax-efficient strategies for entrepreneurs. Important prima facie benefits are freedom of operations, confidentiality, and ease of running a business.
As“tax-free” business territory, UAE is one of the well- known jurisdictions in the world for incorporating an offshore company
What are the Benefits of Offshore Company?
100% foreign ownership is allowed
Minimum capital not required
100% foreign ownership
Can register property in Dubai
No limits on foreign exchange
100% confidentiality and privacy
No limits on foreign exchange
No necessity for finding a UAE national a shareholder or sponsor
There is no public register of company officers
Complete anonymity and privacy
The company can own real estate properties on approved areas by the Authority
Hold multi-currency bank accounts
The offshore company is exempted from all corporate and income taxes
There are no foreign currency restrictions
Full repatriation of the profits and capital are allowed
The setting-up costs are comparatively less
There is no onshore office and accordingly, there are no employees and related costs
Only minimum capital is required to set-up offshore company.
Minimum of 1 Director / Shareholder.
There should be an approved registered agent and they are eligible to form the offshore company. The agent will have to be located either in the free zone itself or in the UAE. BFM is a registered agent and one of the market leaders in offshore business consultancy offering solutions to clients looking to minimize taxes, protect assets and limit liabilities.
While associating with BFM, clients get the combination of our in-depth local expertise and extensive experience, which enable us the ability to precisely understand the unique needs of our client’s business. We are thus, able to recommend the best possible options and ensure the client’s business set up with minimal hassles and effort.
Types Of Activity
General Trading
Investments or Joint Investments Company
Consulting and Advisory Services
Holding Company (Buy/Hold/Sell stakes of companies)
Shipping or Ship Management Company
International Services
Holding Company
Copyright or Patent Company
Commission Agents Company – Intermediary Brokers (IB’s)
Property-Owning
The Licensing Authorities
JAFZA Offshore
RAK Offshore
Ajman Offshore
BFM Incorporation Services
Registered Office with PO Box
Registered agent
Preparation of Memorandum and Articles of Association
Preparation of registration forms
Preparation of Incorporation certificate
Assistance for opening multi-currency bank account
Filing with the registrar of companies