Offshore Company

Offshore Company

A company incorporated with certain offshore jurisdiction to operate worldwide but without any tax liability at the incorporated jurisdiction. An offshore company is a very important tool to operate and control wealth management.

No, for that you need to have a limited liability company or a free zone company.

Yes, within the limits of central bank rules and regulations.

Jebel Ali Offshore, RAK Offshore and BVI.

Yes an offshore company can hold shares in an LLC or a free zone company.

No it cannot conduct business in UAE.

Generally offshore companies are opened for the purpose of holding company, holding investments, real estate protection, tax savings and to own intellectual property.