Saturday, 19 October 2013

OFFSHORE AND U.A.E.



An offshore company is a company that has been incorporated in a country other than one’s place of residence, citizenship and domicile. It is very flexible, cost effective and hence provides an alternate corporate vehicle to investors.
Offshore companies play an integral role in the global economy, providing a confidential, tax efficient means of international investing and conducting global business. UAE entered into the race of attracting global businesses in the turn of the new millennium and regulations have been framed to deliver the convenience and efficiency of global offshore locations while maintaining a high reputation with international financial authorities. Currently there are 3 offshore jurisdictions in U.A.E. Jebel Ali Free Zone Offshore Companies Regulations came into force on 15 January 2003. This was also followed by International Business Companies concept of the Ras Al Kahimah Investment Authority and finally RAK free trade zone popularly known as RAKIC.


Popular use of offshore companies includes:
  • Trading company
  • Investment Holding Company
  • Royalty/Patent/copyright Holding company
  • Professional Service Company
  • Asset Protection
  • Overseas Property Holding
  • Confidentiality
Key benefits of UAE Off-Shore Company are:
  • Low Startup Cost
  • Low maintenance cost (no premises, staff or equipment)
  • Prestigious location of office address in Dubai
  • Quick Incorporation Process
  • Invest in Companies, Factories and Establishments
  • Buy/investment in UAE Free Hold property
  • International General Trading of Goods & Services
  • Asset protection
  • High level of  Anonymity and confidentiality
  • Optimization of tax savings
  • Globally respected jurisdiction
  • Convenient and flexible Bank Account opening
  • Business can be conducted internationally and many more...


UAE offshore incorporation requires an agent; you will need to choose one in order to register your company. The offshore package offered by any service provider stipulates that the agent representing the service provider would act as a link between the newly formed offshore enterprise and the local government.


ADAM CONSULTING

Adam Consulting is a vertically integrated, global, corporate services provider with a full range of services. It offers a broad range of expertise in business startup, intellectual property, offshore wealth solutions, hospitality, logistics and transportation, trade advisory, mining and information communication technology. We are the trusted advisors to global businesses and many governments.
Adam consulting is the only ISO certified registered agents of all three jurisdictions i.e. RAKIA, RAKFTZ and Jebel Ali Free Zone (Dubai) in United Arab Emirates to register offshore companies and assist in opening bank accounts. We usually assist our clients to open bank accounts with all local and international banks in UAE:

OUR OFFSHORE SERVICES

  • Consulting & advice on offshore
  • To prepare application, MOA & AOA of offshore
  • Take necessary approval from RAK and collect certificate of incorporation
  • Introduction to corporate bank executives for all local banks and international bank ( Emirates NBD, Masreq Bank , Abu Dhabi Commercial Bank , National Bank of Abu Dhabi, Noor Islamic Bank)
  • Advice on asset protection and holding structure
  • Tax planning advice
  • Prestigious registered Dubai address




David Enyinnaya: +971 50 842 3953
Email: david.enyinnaya@adamadvisors.com