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Offshore Business Setup in Dubai - Dubai

(5th floor, Aspin Commercial Tower, Sheikh Zayed Ro)

Post #: A38414193
Posted on: 08 November
Posted By: ShuraaPrime (ShuraaPrime ads)
Reply to: (Use contact form below)

 

For offshore business setup in Dubai, companies get a statutorily exemption from tax in their given jurisdiction of registration, provided they did not participate in any kind of business activities. Such companies were known as International Business Companies or IBCs. Proliferated by the British Virgin Islands, this business model was copied worldwide. Nevertheless, in the early 2000s the OECD Organization for Economic Co-operation and Development launched a protective measure against this, but not in United Arab Emirates. Even after the disposal, UAE continued to offer tax regimes which broadly achieve the same effect. As long as the company's activities are carried on overseas, and none of the profits are repatriated and the company is not subject to taxation in its home jurisdiction. Where the home jurisdiction is regarded to be an offshore jurisdiction, such companies are known as offshore companies. Dubai, Ras al-Khaima, Ajman and Jebel Ali in Dubai offer locations for an offshore company formation in UAE. For more information on offshore business in UAE call us on +97145236200 or WhatsApp us on +971507775554 to request a call back. You can also email us on info@shuraa.com or log on to https://www.shuraa.com/

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