What is the difference between a shareholder and a director in an Offshore Company?
The shareholder is the person who owns the company through a share certificate. A company can be owned by one or several shareholders. The shareholder can be an individual or a company.
Can an offshore company act as a Holding Company?
Yes, it is possible.
A Holding Company incorporated to own shares in other companies either in UAE or abroad. They do not engage in commercial activities or provide goods or services.
Can you obtain a UAE residency visa through a UAE Offshore company?
It is NOT possible to obtain a UAE residency visa via the incorporation of an offshore company in the UAE.
Any other costs that may need to be considered?
Since 1965 the American state of Delaware has been allowed to develop offshore structures.
There are two types of offshore companies formed in Delaware: a Delaware Corporation Company and a Delaware Limited Liability Company (LLC). There are some critical differences in these two entities' structure and operating requirements, but Delaware's essential features and advantages as a jurisdiction for offshore company formation generally apply to both. The Delaware LLC is the preferred and more popular of the two types. For simplicity, unless expressly stated otherwise, all information in this article pertains to a Delaware LLC.
The state is recognized as being the most favourable when it comes to investment funds.
British Virgin Islands (BVI)
The British Virgin Islands is a leading international finance centre with a reputation for tax neutrality, modern legislation and high regulatory standards.
The Cayman Islands is a highly regulated and politically stable jurisdiction offering a wide array of services, including mutual funds, company management, structured financing, shipping registration, insurance and securities listings on the stock exchange.
Luxembourg is one of Europe's leading financial centres, with renowned expertise in private banking and investment funds and a location for international business and private equity. Luxembourg incorporates many offshore business centre advantages into an onshore EU financial services centre of global standing.
Contact Us for Business Counselling to assist you from Formation and choose the proper jurisdiction or establish your business in Dubai or elsewhere in the UAE. The company formation processes, rules and requirements for incorporating a new company can vary wildly. We at Bizvise can help you navigate the complexity.
As mentioned earlier, it would be easier to collaborate with consultants like Bizvise in Dubai to form an offshore company, for which a reasonable fee would be required. Bizvise support will be of great benefit as Dubai Offshore Company Formation experts who assist in the preparation of application documents and information. Consultancy services will, of course include the active presence of a UAE offshore company formation specialist. We not only assist in other related work, but also handle visa applications for investors and employees and open corporate bank accounts for them.
Many of the foreign investors have been barred and are now allowed to set up 100% offshore companies in Dubai. Moreover, as in other business formations in the UAE investors do not need a physical location. As such, the formation of an offshore company is a boon to any foreign investor.
An offshore company in Dubai can be defined in many ways; in a sense an offshore company is a business entity that operates outside its place of origin or outside its original location of registration. This quickly made moves globally and became the inspiration for business world.
In this regard, with the rise of the formation of an offshore company in Dubai, UAE in 2003, its vibrancy was felt around the world. The UAE soon became a major hub for business around the world. Perhaps, investors and entrepreneurs have different motives behind forming an offshore company.
|Basic Package||3,290 USD|
|Business package incl. bank account opening||3,990 USD|
|Privacy Package incl. bank account and nominee service||4,990 USD|
|Annual fee from the second year||from 3,090 USD|