Establishing Offshore and Free Zone Companies in UAE

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In order to set up an UAE Free Zone Company / Offshore Company the applicant should contact a registered agent based in United Arab Emirates. Registered agent will be responsible for submitting the incorporation documents to the registrar. The applicant does not need to be physically present for the incorporation.

Set up time:
24 hours for UAE Offshore Company
2-3 weeks for UAE Free-Zone Company

Delivery of UAE Residence Visa: 2-3 weeks - only in combination with the set-up of a UAE Free-Zone Company

Pro Business Environment - The UAE Advantage

To the prospective investor, the UAE presents an extremely favorable business environment. Excellent infrastructural facilities coupled with professional expertise and personalised services give the UAE the edge. Customer needs are met in the shortest time frame. Enjoying the following facilities.

Fiscal Benefits

- 100% income and corporate tax exemptions
- No Foreign exchange controls
- 100% capital and profit repatriation
- Strong appreciating and fully convertible currency
- Low Inflation
- Easy funding from International Banks

Regulatory Benefits

- 100% ownership in Free Zones
- No trade barriers or quotas
- Easy Licensing Procedures
- Simple Import, Export Policies
- Liberal labor laws
- No restrictions on hiring expatriates

Offshore Companies are companies which are incorporated outside the jurisdiction of its primary operations. These types of companies are sometimes known as non-resident companies, such as UAE Investment or Property Holding, International Trading or UAE Consulting Service Company, UAE Maritime and UAE Shipping Holding Company. Offshore Companies are a very flexible corporate entity commonly used in international tax planning, and can be integrated into a wide variety of business arrangements. Tax optimization, asset protection and confidentially are just a few benefits which can be achieved by a proper application of an offshore company. The UAE with its tax-free environment, safe and secure economic conditions and with its Double Taxation Avoidance Agreements signed with 47 countries around the world is definitely among the best offshore jurisdictions in the world.

Free Zone Companies are Companies which are either a branch of an existing company or a new establishment. Such companies can be owned 100% by foreign investor with no involvement of local partner or sponsor. Usually in the UAE companies located outside of designated Free Zone must be owned from at least 51 per cent by a local UAE national. In the case of Ras Al Khaimah, the local partner is the RAK Government, through the RAK Investment Authoritiy. This set-up offers hence the safest and strongest combination for the investment of a foreign company in the UAE.

Many incentives to investors are combined with the set-up of a Free-Zone Company: 100% foreign ownership, no corporate taxation for 50 years - a concession that's renewable, freedom to repatriate capital and income in totality, no personal income tax, full exemption from import duties, no currency restrictions, and no bureaucratic red-tape.

Article Source: http://depositarticles.com/

RAK Company Administration (RAKCA) FZ LLC is RAK Offshore Registered Agent, regulated by the RAK Investment Authority (RAKIA) and the leading UAE Corporate Service Provider. For further information about setting up your business in uae or if you need offshore investment advice please visit RAKCA's Official website : www.rakca.com/

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