Looking for offshore company formation in Dubai? The best choice for companies looking for business setup formations in the UAE is setting up an offshore business. Dubai is one of the seven emirates of the United Arab Emirates and is the fastest-growing city in the world. It’s a major business hub in the Middle East region which encourages foreign investors to expand their brand’s presence by setting up companies. An offshore company is an international business entity that offers diverse benefits to entrepreneurs. It includes low tax benefits, wealth management systems, ease, and freedom of business operations.
Offshore companies are known as non-resident companies or international business companies because they are owned and managed by foreign investors who want to enter into international markets. Dubai Offshore company setup is ideal for entrepreneurs and investors who are looking to build their business identity.
Dubai offshore company formation process is quick and easy to setup. An offshore company is registered in Dubai but allowed to set base in offshore locations that are located outside the city. If your core business is located within Dubai and you want to take advantage of the tax regime, privacy laws, asset protection, then an offshore company formation might be the ideal choice for you.
Offshore License in UAE is issued by UAE authorities for companies that want to set up business in Dubai offshore zone. For an Offshore license, you need to approach the Dubai Department of Economic Development (DED), along with approvals from various other authorities. The companies can renew their offshore licenses annually as long as the lease agreement is in force. Only companies with proper Trade or Industrial licenses can conduct business in the region. Bizvise’s experienced team of professionals can help you get your offshore license.