Dubai is a great place to start an offshore company, especially with favorable government policies, a growing economy, etc. Dubai and offshore companies are a match made in heaven for investors and entrepreneurs because both of them have numerous benefits that one can reap.
But you need first to understand what an offshore company is and have a support system to help you establish your company.
In simple terms, an Offshore company is established outside the country to increase international business prospects. At the same time, the core company of the offshore company is established in a different country.
Alpha Equity is Dubai’s top business consultant that offers business setup services, company formation, accounting and bookkeeping, the VAT registration process in UAE and much more. We have experience of more than two decades in helping and assisting investors and entrepreneurs set up their own business in – mainland, free zone or offshore.
We have our footprints in Africa, GCC countries, the Middle East, Europe, Asia and America.
We want to help small, medium and large organizations navigate through the company formation procedures smoothly and efficiently without facing any hurdles. We have worked with some big companies like Technet, Departer, Klöckner Pentaplast, Quintis, Shaboury, etc.
We have listed a few advantages of setting up an offshore company with us:
● Minimize taxes
Offshore companies can minimize your taxes as non-resident companies are often exempted from taxes or enjoy low taxes levels depending on the country. However, taxes can get complicated. Therefore, you might need an expert to help you ensure no tax conflicts.
● Asset protection
Offshore companies can benefit those with international business interests as it helps you hold onto assets such as intellectual property, etc.
● Reduced administration
An offshore company’s legal obligations are much lesser than other company types. The need for physical offices or accounting can be resolved over virtual offices.
● Low capital requirements
Office company formation does not require a huge sum of money. Also, it is not complicated and provides many benefits to the person involved.
● Lower set up and maintenance costs
Setting up an offshore company is relatively fast and straightforward, which means low costs in the establishment and maintenance.
● Confidentiality and financial privacy
If you’re an offshore company owner, publishing your financial information, director and shareholders’ details, etc.
Over the years, we have established networks and relationships with authorities who make setting up procedures faster and smoother. So, if you want to start a free zone company, or offshore company in Dubai, get in touch with us asap!