Contact us
Eurofinanzza Services
Who we are
Offshore Introduction
Incorporating Offshore
Why Going Offshore
Why and when should I use Offshore
How to select an Offshore Jurisdiction
Structure of an Offshore Company
The Offshore for US Citizens
Going Offshore - Quick Answers
FAQ
Offshore Applications
Tax Planning – UK Citizens Working Abroad
Offshore Tax Planning Solutions - Musicians
Asset Protection
Estate Planning
Panama as a Banking Centre
The Best Banking Centers in the World
Overseas Jurisdictions
General information
Australia
Australia - Company Formation
Australia – Register a Branch of Foreign Corporation
Australia Company Formation - Incorporation Fees
Australia – Foreign Investment Regulation
Australia - Banking System
Australia – Financial Services Licensing Regime
Belize
Incorporating in Belize
Advantages to incorporate in Belize
Belize IBC Incorporation Fees
Setting up a Trust in Belize
Trust in Belize - Incorporation Fees
Mutual Funds in Belize - Incorporation and Fees
Bank Formation in Belize
International Insurance Licenses in Belize - Incorporation Fees
British Virgin Islands
Incorporating in BVI
BVI - Guarantee Company Formation
BVI - Offshore Mutual Funds
BVI - Incorporation Fees
BVI - License Fees
Canada
Canada incorporation - Introduction
Canada - For non Profit Corporations
Canada - Taxation
Canada - Incorporating in British Columbia
Canada - Incorporating in Nova Scotia
Canada - Real Estate Use of Offshore Companies
Canada - Offshore for Canadian Citizens
Canada - Incorporation Fees
Cayman Islands
Cayman Islands - Tax Exempted Company - Compliance Information
Cayman Islands - Incorporation Fees
China
China Business Services Overview
Doing Business in China - Forms of Entities
China - Representitive Office
Advantages of Hong Kong Holding Structure
China JV and WOFE Memorandum
Cook Islands
Cook Islands - General Features
Cook Island - Compliance and General information
Cook Islands - Wealth Protection Law
Cook Islands - Private Trustee Companies
Cook Islands - Trust Incorporation
Cook Islands
Cook Islands - Trustee Company - Incorporation Fees
Cook islands - Anonymous Confidential Tax Planning Asset Protections Structures
Cook Islands - Anonymous Confidential Structures
Cook Islands - Trustee Company - Incorporation Fees
Costa Rica
Costa Rica - Compliance Information
Costa Rica Double Taxation Treaties
Costa Rica -E-Gambling Corporation
Costa Rica - Incorporation Fees
Gibraltar
Incorporating in Gibraltar
Gibraltar - Tax Exempt vs. Non-Resident Companies
Gribraltar - E-commerce
Gibraltar Incorporation Fees
Trust in Gibraltar
Trust Formation in Gibraltar – Incorporation Fees
Hong Kong
Incorporating in Hong kong
Hong Kong Company Requirements & Formation Procedures
HK Non Profit Organization Charitable Institution
Hong Kong - Double Taxation Treaties
Hong Kong Taxation
Hong Kong – Double Taxation Agreement with Mainland China
Hong Kong Incorporation Fees
Opening Corporate Bank Account in Hong Kong
India
History of India - Overview
Investing in India - Country Incentives and Policy
Company Formation in India - Compliance Information
Taxation System in India
Company Formation in India - Incorporation Fees
Registration of Licensed Online Pharmacy
Isle of Man
Incorporating in Isle of Man - Limited Liability Company
Incorporating in Isle of Man LLC - Incorporation Fees
Jersey
Jersey Offshore Company incorporation
Trust formation in Jersey
Trust Formation in Jersey Islands – Incorporation Fees
Incorporating in Jersey – Tax Exempted Company – Incorporation Fees
Madeira Islands
Madeira Offshore - an International Business Centre
Incorporating in Madeira Islands
Taxation and Tax Treaties
Madeira - Incorporation Fees
Madeira - Links and Downloads
Mauritius
Mauritius Offshore Incorporation
Mauritius GBCII – Incorporation Fees
Nevis
Nevis - Company Formation
Nevis - Corporate Structures
Nevis - Limited Liability Company
Nevis - Trust Formation
Nevis - Offshore Bank Formation
Nevis LLC – Limited Liability Company – Incorporation Fees
New Zealand
New Zealand - Jurisdiction Information
New Zealand Look-Through Companies (LTC)
New Zealand - Company Statutory Information
New Zealand - Company Limited by Shares - Incorporation fees
New Zealand Foreign Trust - Overview
New Zealand - Incorporation of Foreign Trust
New Zealand Foreign Trusts - Incorporation Fees
How to Incorporate your New Zealand Asset Protection Structure
New Zealand Financial Services Company
New Zealand Finance Companies – FSP Licensed - Registration Fees
Offshore Banking Software for Financial Institutions
Links, Resources, International Compliance and Banking Regulations
Panama
Panamanian IBC
Panamanian IBC - Incorporation Fees
Trusts & Foundations - General Overview
Panamanian Trusts
Panamanian Trusts - Incorporation Fees
Panamanian Private Interest Foundations
Panama – Private Interest Foundation – Incorporation Fees
Panamanian Financial Corporations - Formation and Fees
Panama – Mutual Funds and Investment Corporations
Panama - Offshore E-commerce Solutions - Services and Fees
Seychelles
Incorporating in Seychelles
Incorporating an IBC in Seychelles – Incorporation Fees
St. Vincent & Grenadines
St. Vincent & the Grenadines – Jurisdiction Information
Advantages to incorporate in St. Vincent & the Grenadines
St. Vincent & the Grenadines – IBC Incorporation
St. Vincent & the Grenadines – Trust Formation
St. Vincent & the Grenadines – Mutual Funds
St. Vincent & the Grenadines – Offshore Bank Formation
St. Vincent & the Grenadines – Insurance Companies
St. Vincent & the Grenadines – Legal and Taxation Regime
St. Vincent & the Grenadines – IBC Incorporation Fees
Turks & Caicos
Incorporating in Turks & Caicos
Turks & Caicos – IBC Formation – Incorporation Fees
United Arab Emirates (UAE)
Incorporating in Dubai
Advantages to Incorporate in Dubai
Company Formation in Dubai
Incorporating in Dubai - Incorporation Fees
United States of America
Incorporating in US - C vs S Corporations
Forming a “C” Corporation in USA Delaware - Fees
US LLC - Limited Liability Company - Tax Advantages
The State of California
The State of Delaware
Advantages to incorporate in Delaware
The State of Florida
The State of Nevada
The State of New York
The State of Oregon
US LLC - Incorporation Compliance
US LLC – Limited Liability Company – Incorporation Fees
Delaware Series LLC - Fractional Ownership Purposes
Delaware Series LLC - Fractional Ownership Purposes - Incorporation Fees
US - incorporation States
US Foundations - Non profit Corporations
US Foundations – Non Profit Corporations - Articles
US Foundations – Non Profit Corporations – By-Laws
US Corporation Annual Fees
Uruguay
Uruguay - Incorporation Features
Investing in Uruguay
Uruguay SAFI and SA Company Formation - Incorporation Fees
 
 
 
 
 

 

UNITED ARAB EMIRATES
U A E

 

ADVANTAGES
TO INCORPORATE IN DUBAI

 

1. Dubai is the seventh emirate of United Arab Emirates (UAE) and expands along the Arabian Gulf coast of the UAE for 45 miles and has an area of 6,200 sq kms. The population is Dubai is currently 1.5 million and targeted to reach 4 mn in 2020. Expatriates make up 82% of the population. Arabic is the official language and English the dominant language in business.

The discovery of oil in 1966 in the UAE, and prudent economic policies has made Dubai a thriving city. The ruling family, starting with Sheikh Rashid bin Saeed Al Maktoum and succeeded by his son Maktoum bin Rahsid Al Maktoum and now the current ruler and vice-president of the UAE, Sheikh Mohammed bin Rashid Al Maktoum have made Dubai into an affluent modern city state.

The current ruler of Dubai, Sheikh Mohamed bin Rahsid Al Maktoum devised the business plan which has been responsible for the unprecedented outbreak of economic activity and the huge boom in Dubai’s economy over the past five years. The Dubai government has a aggressive approach to foreign investment, actively promoting the city’s targeted business sectors in its successful drive to diversify the economy.

2. Dubai is not a signatory to any international exchange of information agreements. This is not predicted to change as Dubai have no taxation gain from the participation of such treaties. This provides high levels of security, privacy and asset protection for companies and individuals incorporating a company in Dubai.

3. There is also no income tax, capital gains tax and inheritance tax. Only banks and companies in the oil sector are subject to corporate taxes.

4. Guidelines for the Dubai Offshore Company incorporation or formation by the Jebel Ali Free Zone Authority – JAFZA - Offshore are different: (a) It is important to note that there is no public record of a company’s directors or shareholders in Dubai; (b) There is also no taxation department. The personal information and details of a company’s activities will remain private in Dubai.

5. Dubai’s Jebel Ali Free Zone offers an ideal vehicle for Dubai offshore company incorporation or formation for foreign operators. Although trading inside the Free Zone can be carried out under a Free Zone Establishment license, for a Dubai offshore company incorporation or formation, the most common is a “Jebel Ali Offshore Company”. (a) A Dubai offshore company incorporation or formation may be used for many activities including tax mitigation, estate planning and asset protection, hold approved Dubai property and other assets; to benefit from Dubai’s superior banking privacy legislation client may establish a offshore bank account in Dubai.

6. Salient features for Dubai offshore company incorporation via JAFZA Offshore: (a) 100% foreign ownership; (b) Company can own real estate properties on Palm islands or any properties owned by Nakheel Company LLC or any other real estate properties approved by the Jebel Ali Free Zone Authority (JAFZA); (c) company can hold an account in a bank in the UAE for the purpose of conducting routine operational transactions; (d) the Company will not be allowed to carry on business with people who are resident in the UAE or carry out any trade in the free zone or in the UAE; (e) the registrar has the power to appoint competent inspectors to investigate the affairs of the offshore Company; upon discretion of the registrar, inspection costs may be charged to any office bearer of the Company.

7. Other requirements of a Dubai offshore company incorporation via JAFZA Offshore:

a. Shareholders: A minimum of one and a maximum of 50 persons whose liability is limited to their shares in the company's capital are required.
i. Corporate shareholders are permitted.
ii. Shareholders will decide capital structure of the Company.
iii. No fiscal minimum capital requirements have been stipulated however we recommend a share capital of US$ 1000.
iv. Bearer shares are not permitted.
v. Different classes of shares are not permitted and shares have to be fully paid when allotted.
vi. A shareholders meeting should be conducted periodically (at least once in a year). Every company shall maintain minutes of all proceedings at general meetings.
vii. The Register of Members shall be open for inspection by any member of the offshore company and any other person. If inspection is refused, the company commits an offence.
viii. 100% foreign ownership of the company is allowed.
ix. There is no public register of shareholders and directors.
x. Shareholders need to visit JAFZA and sign the incorporation documents in the presence of the authorized official of JAFZA. Alternatively a power of attorney, notarized and legalized by UAE Embassy, can be issued to a nominated person who can then sign before a JAFZA authorized official.

b. DIRECTORS:
i. A minimum of two directors are required and
11. corporate directors are not permitted.
iii. Details of Directors are not available for public inspection.

c. SECRETARY: Every Company shall have a secretary.

d. ANNUAL ACCOUNTS AND AUDIT
i. Every Company shall keep accounting records.
ii. Accounts shall be preserved for 10 years from the date on which they are prepared. They can be kept in any location the company sees fit.
iii. The accounts shall be approved by the directors and signed by one of them.
iv. A Dubai offshore company incorporation via JAFZA will appoint an Auditor (from the approved list) for annual audit, who shall examine and report in accordance with these regulations upon the accounts prepared.

e. TIMESCALE: A Dubai offshore company incorporation can take up to 5 days after all know your client and due diligence documents have been received satisfactorily.

f. NAME: For a JAFZA Dubai offshore company incorporation, names must use the suffix Limited or Ltd. to denote limited liability. The following words are prohibited: Banking, Insurance and Re-insurance.

g. REGISTERED OFFICE & AGENT: For a successful Dubai offshore company incorporation, the company must maintain a a registered office in the Free Zone and appoint an approved registered agent. A registered agent’s office in Dubai or in the free zone can also be used as the registered office.

h. PROHIBITED ACTIVITIES
The following activities cannot be approved for a JAFZA registered Dubai offshore company incorporation:

1. Insurance 2. Banking 3. Financial 4. Professional Services 5. Consulting 6. Intellectual Property 7. Media 8. Security 9. Publishing 10. Advertising 11. Movie Production 12. Management 13. Gambling 14. Casino 15. Property Development 16. Game and Win 17. Advisory 18. Real Estate 19. Military 20. Education

All other activities can be conducted based on management approval and proper justification.

8. Meetings: Dubai offshore company meetings need not be held in Dubai.
In order to proceed with the formation of the Dubai offshore company please fill in the form below and we shall get back to you immediately.

Should you have any further question about incorporating in Dubai, please do not hesitate to contact one of our Tax Consultants to discuss the best structure for your specific case and needs;


OFFSHORE INCORPORATION SERVICES
COMPANY FORMATION & MANAGEMENT SERVICES
TAX PLANNING AND ASSET PROTECTION SOLUTIONS
INTERNATIONAL BUSINESS COMPANIES
HOLDING COMPANIES
PRIVATE LIMITED COMPANIES
LIMITED LIABILITY COMPANIES
LIMITED LIABILITY PARTNERSHIPS
TRUSTS
PRIVATE & FAMILY FOUNDATIONS
BANK FORMATION
PANAMANIAN LICENSED FINANCIAL CORPORATIONS
NEW ZEALAND OFFSHORE FINANCIAL INSTITUTIONS
SECURE & CONFIDENTIAL NOMINEE STRUCTURES
INCORPORATION IN EUROPE AND
MAJOR INTERNATIONAL OFFSHORE CENTRES
OFFSHORE BANKING
WORLDWIDE FULL SERVICED VIRTUAL OFFICES

FREE CONSULTANCY

info@eurofinanzza.com

 

European Jurisdictions
Andorra
Austria
Cyprus
Czech Republic
Denmark
France
Greece
Hungary
Italy
Latvia
Liechtenstein
Luxembourg
Malta
The Netherlands
Portugal
Republic of Ireland
Spain
Sweden
Switzerland
United kingdom
Shelf and Aged Companies
Nominee Structures
Virtual Offices
Offshore Banking
Offshore e-Commerce
VAT
Website Design
Relative Services
Currency converter
Contact us
Menu