Frequently Asked Questions about Offshore Company Setup
Easy, affordable, and effective UAE offshore company setup with Alfazone Business Setup. Get complete solutions for registration, tax exemption, and run your international business competently in Dubai.
Yes, offshore companies in UAE can have a local bank account, but the process may differ from that of local companies. Additional documentation and due diligence may be required.
Offshore companies benefit from UAE's 0% tax rate on income, full exemption from customs tax, VAT, capital gains, and withholding tax, offering tax savings.
Offshore companies may have limited access to local markets, which can affect their business activities.
UAE offshore companies can register as holding companies, joint investment companies, general trading companies, consultancy services, and international services providers.
Companies are required to keep accounting records for ten years from the date of preparation. Companies must appoint a professional auditor from an approved list to examine and report on those accounts.