UAE is one of the well-known jurisdictions in the world for incorporating offshore companies as “tax-free” business territory. Especially because one can avoid the cumbersome process of having the offshore incorporation company documents attested by various embassies and Ministries of Foreign Affairs. The offshore companies are based out of an offshore jurisdiction within the United Arab Emirates and can conduct business with all other parts of the world apart from UAE. The company is allowed to hold assets within and outside the United Arab Emirates and are allowed to bank with banks in UAE and outside.
Why set up an offshore company in Dubai?
Offshore companies can be formed only through the “Registered Agents”, located either in the free zone or UAE and approved by the respective authorities.
VSP Auditing Associates is a registered agent for JAFZA Offshore, RAKICC Offshore and Ajman Offshore and offer offshore company formation services and services as registered agent.