Expand your business offshore in the UAE
For years now, UAE has become the hub of growing businesses. With the emergence of Offshore Companies in the year 2003, business setup in UAE has increased drastically. An offshore company has emerged as the ideal option for both setting up and expansion of a business. If you are looking forward to company formation in Dubai free zone , you are in the right place. What is an offshore company? An offshore company is also known as the non-resident company. It can be owned either by individuals or corporate bodies. Typically, it is a business entity which does not carry business operations in the country of origin. Although an offshore company cannot own office in UAE, it is primarily used for reducing tax payment, legally, and enhancing one’s wealth. What activities can be carried out? Following are the activities that can be legally carried out by an offshore company: Consulting services Advisory services General trading activities Buying, holding and selling shares of companies