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    Offshore company setup

    Opening an offshore company in Dubai has many perks and privileges. Offshore companies are commonly confused with free zone companies; an offshore company is formed as a legal business entity, allowing it to operate outside its jurisdiction or at the original location of the company.

    How are offshore accounts used?

    These types of accounts can be used widely for various applications. Offshore accounts are allowed to trade internationally, can own properties without dabbling in the complicated inheritance laws, copyright trademarks, and patents can be filed and registered with the offshore company; it is also possible for the company to buy and sell these rights, as and when they wish. These can also act as holding companies, which allow people to manage all their businesses under one umbrella.

    Benefits of an offshore company in Dubai

    There are various benefits that an offshore company formation can assist with, and some of them are discussed briefly below.

    • Complete foreign ownership of the company
    • Cost efficiency with an easy and simple registration process
    • Low operational costs due to operations being conducted through registered agents and accountants.
    • Shares may be transferred with written instruments, making it a simple task without complications
    • Share capital does not have a minimum requirement.
    • Limited liability

    Other benefits include choosing the governing laws of the UAE or the applicant country, besides many other perks that come along with it.

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    Opening Offshore accounts

    Offshore accounts can be opened in these locations depending on the type of business that is conducted by the company.

    Ajman

    One of the most prominent zones

    Jebel Ali

    One of the largest free zones in Dubai

    Ras al Khaimah

    One of the top destinations

    • Ajman

      One of the most prominent zones

    • Jebel Ali

      One of the largest free zones in Dubai

    • Ras al Khaimah

      One of the top destinations

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    Trust Socialite Consultancy Services for a smooth transition

    At Socialite Consultancy Services, we offer the easiest path to company formation, whether it is an offshore account requiring PRO services, or company formation for free zones or Dubai Mainland. Our extensive knowledge due to years of experience has put us ahead of most of the other consultancy services that offer similar services.

    Another factor that makes us one of the best leading teams of consultants is affordability alongside impeccable service, ensuring that all requirements are met within the stipulated time frame, benefiting the business owner, as it allows them to focus on the main factors of starting a business in a new country.

    Main advantages of an offshore company

    Few of the many advantages of setting up an offshore company are as follows:

    • Reduced administrative costs and time-saving

    • Integration into the Middle East markets

    • Confidentiality of all documentation

    • Asset protection, no disclosure required

    • Simplified share transfers with written instruments

    • Inheritance-free, tax-free environment

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    Book the leading consultancy service for your offshore company formation

    If you are indeed planning on a Dubai offshore company formation, working with reputed, skilled, and renowned consultants is the ideal choice. It is a hectic time when an organization is looking for expansion, and we are here to assist in every way and help with all pertinent queries.

    Book now