Did You Know?

RAK Offshore in UAE is the most sought after offshore jurisdiction by international entrepreneurs.

• UAE offers the easiest, fastest, and cheapest way to open your business to leverage global capital and benefit from better tax savings with three Offshore options.

• Step1	Choose your Offshore jurisdiction
  Now is the time to approach a licensed consultant to oversee the legalities involved in your business formation in UAE.

• Step2	Approval from relevant Registrar
  CanApprove will undertake entire documentation and other legal formalities in ensuring approval of your business formation in UAE.

If you are looking to set up a company or open an operations branch in Dubai or elsewhere in UAE, we would recommend you to request a call back from our senior business advisors.

You may even have us represent your business in the UAE.

Establishing An Offshore Company In UAE

An Offshore Company is a legal business entity that is set up with the intention of operating outside its registered jurisdiction and/or the location of its ultimate ownership, thereby ensuring:

Features:

• A platform for international market expansion

• Provides a vehicle to separate or protect assets, such as Intellectual Property, from operating entities

• Currently, UAE offers three offshore jurisdictions: Dubai Offshore (JAFZA); Ras Al Khaimah International Business Corporation (RAK IBC); Ajman Offshore

• Offshore companies can be in any form - limited liability companies, limited companies, and limited partnerships.

Advantages:

Offshore company formation must not be confused with Freezone formation in the UAE.

The Freezone company formation allows its owners, employees to qualify for a residence visa in UAE whereas Offshore jurisdictions in UAE benefits international businesses through -

• 100% foreign ownership

• No annual audits or extensive reporting mechanisms

• 0% Personal or Corporate tax in the UAE

• Better access and control over international finances

• Tax neutrality regime which encourages Tax savings

• No minimum share capital requirement

• Dubai is the heart of arbitration in the Middle East

• Easy opening of international corporate bank accounts

• Simplify Business Incorporation in UAE With CanApprove

CanApprove has been providing unrivaled legal services for business formations abroad and immigration for more than two decades.

Our corporate consultants undertake the review of your proposed structure, proceed with the incorporation of the entities whilst complying with the applicable legislation and best corporate practice.

Our complimentary advice and bespoke consultancy goes well along with our packaged solution for an offshore company formation -

• Tax planning

• Registered Office with PO box

• Registered agent

• Preparation of Memorandum and Articles of Association

• Filing with the registrar of companies

• Ongoing support locally as well as internationally

Further, we provide international businesses with dedicated assistance in Freezone company formation & Mainland business formation in the UAE.