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Anyone wants to set up a company in the UAE? (Beijing)

Benefits of registering an Offshore Company in the UAE:

• It legally minimizes any type of tax burdens so that it improves one’s wealth management;
• It enables individuals to achieve asset protection offshore;
• Absolute privacy, confidentiality and protection of assets and information;
• It offers the option of having nominee directors for the establishment of a company;
• It also keeps the names of directors and shareholders off public record;
• Those who transact through such a company can keep their affairs private.
• It gives a greater ease of operation;
• The availability of Double Taxation Avoidance Agreement (DTAA);
• Modern and convenient international banking system;
• Low start-up Costs;
• 100% foreign ownership;
• Minimum one director required, one shareholder and one secretary (it can be the same person);
• Annual Audit Report not required to be submitted to the Authority
• Effective set up, the time required for setting up an offshore company takes as little as 24hrs;
• It does not require the shareholder/director to be physically present in the UAE for incorporation;
• No restriction on nationalities;
• Proximity to entire Gulf and global markets;
• It may have corporate shareholder/corporate director;
• It may hold shares in other UAE and worldwide companies;
• Best choice in case of joint investments and joint business owners.

Beijing Forum