Opening LLC, bank accounts, and residence visas in UAE! Increase the profit of your business by 50%!
Listen the audio on all advantages of onshore company in UAE:
Currently, the easiest and most reasonable way to reduce the amount of paid taxes, to access the foreign market, and to protect against raider attacks is to have an offshore company in the UAE. Apart from tax optimization such offshore company also provides a number of other advantages: confidentiality related to business ownership, no currency exchange controls, possibility of opening bank account in the United Arab Emirates.
However, all persons intending to incorporate an offshore company in the United Arab Emirates face the dilemma: to purchase already registered offshore company or incorporate a new one? According to statistics, the second option is more convenient and cheaper, since the purchase of an offshore company may entail underlying potential problems.
First, registered offshore company is already incorporated under a particular name. If you do not like the name or it is not appropriate, it can be changed only upon purchase – furthermore, it will take a lot of time and efforts to change it after the purchase.
Second, having decided to purchase an offshore company, you may also become a "happy" owner of its financial liabilities. All debts and unpaid liabilities of previous owner will be imposed on you as additional burden and you will have to settle such liabilities at your own expense.
Third, upon purchase of already registered offshore company, you may become the owner of the company with reputational risks. And transactions performed by previous owner in violation of good faith principles, will be negative for the image of your company.
In addition, already registered company entails already appointed shareholders and directors, standard bylaws, certain authorized share capital. Therefore, if you need a company with special requirements to par value of shares, authorized capital and corporate structure, it is easier and faster to register a new offshore entity.
Establishment of an offshore safeguards you from all adverse consequences that may entail the purchase of a registered company. Accordingly, the procedure of registering a company in one of the free trade zones of the UAE will take less time than purchase of ready company. As a rule, it takes about 3-4 days to establish a new offshore company in the UAE. The list of statutory documents required therefore is minimum - a copy of a passport, a letter from the bank confirming the maintenance of the account, a copy of utility bill or other document confirming domicile of the owners of the company.
The undisputable advantage of establishing an offshore is also its reasonable price: it is cheaper to register a new offshore company in UAE than to purchase a registered one.
“ I’m really pleased that I had chosen to work with your company. The whole incorporation procedure was organized highly efficiently and fast. Glad that I had experience working with such professional team and would definitely keep working with you.”
Yacine C. / Area of business: International IT and Software Consultancy.
“ I was very cautious when choosing a consulting company to work with in UAE as this region is totally new to me. I’m glad that I have chosen your company. All information was provided in the clear way and the work was completed in time and with high level of personal involvement of the manager from your company who was in charge of my case.““ I was very cautious when choosing a consulting company to work with in UAE as this region is totally new to me. I’m glad that I have chosen your company. All information was provided in the clear way and the work was completed in time and with high level of personal involvement of the manager from your company who was in charge of my case.“
Ismael B. / Area of business: Alternative Energy.
“Many thanks for your work and assistance. I received the excellent services even in the areas which I did not expect to receive such. When I have some problems with activation of internet banking your manager did a great work with patience, but I understand, the problems with internet banking activation, I did by my own mistake.“
Manoj T. / Area of business: Commodity Trading.
“Highly satisfied with the quality of services and attention to every detail. Would definitely recommend your company to my friends and business partner.“
Sergei S. / Area of business: Trading with Specialized Industrial Equipment.
“The work was completed to perfection, in the projected time schedule and keeping us on constantly updated on the progress. Receiving all the approvals was quite a challenging task and the company did the great job.“
Alexander G. / Area of business: International Travel Company.
“Could not resolve one of the matters within the UAE company incorporation over 2 other consulting companies in UAE. As soon as I referred to your company the matter which was pending for more than 2 month was resolved in 1 week. Many thanks!“
Rafael K. / Area of business: International Row Cotton Trading
“Pleased to work with your company on the regular basis as and I`m highly satisfied as the professional intermediary with the fast and clear answers, prompt execution of works and highly competitive prices your company provides to our company.“
Alexandre V. / Area of business: Consulting and Tax Advisory Company