100% foreign ownership is allowed
No necessity for finding a UAE national a shareholder or sponsor
There is no public register of company officers
Complete anonymity and privacy
Company can own real estate properties on approved areas by the Authority
Hold multi-currency bank accounts
The offshore company is exempted from all corporate and income taxes
There are no foreign currency restrictions
Full repatriation of the profits and capital are allowed
The setting-up costs are comparatively less
There is no onshore office and accordingly, there are no employees and related costs
Only minimum capital is required to set-up offshore company.
Minimum of 1 Director / Shareholder.
There should be an approved registered agent and they are eligible to form the offshore company. The agent will have to be located either in the free zone itself or in the UAE.
HLB Hamt is a registered agent and one of the market leaders in offshore business consultancy offering solutions to clients looking to minimize taxes, protect assets and limit liabilities.
While associating with HLB Hamt, clients get the combination of our in-depth local expertise and extensive experience, which enable us the ability to precisely understand the unique needs of our client’s business. We are thus, able to recommend the best possible options and ensure the client’s business set up with minimal hassles and effort.