Offshore Company formation
Offshore companies have a very distinct identity from free zone companies and the two should not be confused. An offshore company is set up so business can be conducted outside its home base or registered jurisdiction. The UAE has a Double Tax Treaty With many countries around the world which means offshore companies from these places will be exempt from duplicate taxation.
Offshore companies can easily open multi-currency accounts in the UAE. An offshore company can provide a gateway to international market expansion, access to a more flexible and mature regulatory system, enable business owners to enjoy a stable, more business-friendly legal system, and wider access to better funding opportunities, among its many other benefits.