An offshore company is a company which does not conduct substantial business in its country of incorporation and is formulated in a law of no tax jurisdiction for the purposes of legally minimizing any type of tax payment and improving one’s wealth management. It has the capacity and privileges of a natural person. Regulations have been framed to deliver the convenience and efficiency of global offshore locations while maintaining a high repute with international financial authorities.
UAE Offshore Companies portray a good image to clients. They do not have tax haven stigma attached to them. Primarily one would open an offshore company to gain confidentiality over their financial affairs and grow wealth without intrusion.
Below are the advantages of an Offshore Company: