Private individuals and companies opt for establishing an offshore company as it comes with benefits like high level of confidentiality and privacy protection, 100% company ownership and tax exemption and asse tprotection.
- Full anonymity and complete privacy.
- Low set up cost.
- Exemption from all types of taxes including income and corporate.
- Registration of company officers is not required.
- Full ownership or 100% foreign possession is allowed.
- No restrictions on foreign currency.
- Ownership of properties in approved areas by the Authority is allowed.
- No requirement for finding a shareholder or UAE national or sponsor.
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