Contact Our Consultant +971 552419200

Sunday, February 19, 2012

Off-shore company formation in Dubai and Any where in UAE


Off-shore company formation : CALL 00971-552419200
It is not uncommon to hear of governments seizing all expat-owned wealth, which has left family members with nothing and years of hard work gone in moments. In Dubai, asset protection is non-existent for expats. Due to the Islamic Sharia Law, there are several complications in how personal wealth is treated by the Government of Islamic nations.
To maintain your offshore accounts and asset protection, there isn't much you have to do and there is a lot of flexibility regarding doing this.
·         You only need one director or shareholder to form a company
·         Shareholders and directors may be the same person
·         The shareholders and directors can be either a normal person or a corporate body
·         There is no requirement to appoint local shareholders and directors
·         There is no requirement to have a resident secretary
·         Very flexible share and capital requirements - shares can be issued with or without a value
·         Shares may be issued in any recognizable currency or in more than one recognizable currency approved by the Registrar
·         Shares may be paid up in cash or through the transfer of other assets or for other considerations
A sound asset protection strategy can make family life more stress free, and ensures a smooth transition of assets to the beneficiaries. Offshoring has become a common tool used in estate planning by expats living and working in Dubai today.
Many of them have accumulated significant wealth over the years, and the last thing they want is to have that wealth erode away in expensive attorney and court fees through the probate / wealth transition phases.
Also as a UAE property investor, (as mentioned above) if you do not want to risk your property being governed by the set distribution structure of Muslim sharia law after your death, buying a property under the name of an off-shore company may avoid this.
Setting up an offshore company is the most certain method of bypassing Islamic Sharia law inheritance legislation. Shares in a company are not considered to be real property, so they pass under the UAE civil code restrictions regarding real property inheritance in the UAE.
Off shoring your assets to such jurisdictions as Dubai means more privacy, continued benefits of no taxation, no reporting and disclosure requirements, easy anytime access to your money through off shore banking, smooth transition of your property upon your death.
Asset protection strategies basically work by making the assets of an individual unavailable, or difficult to recover, (and hence potentially more unattractive) in the event of legal proceedings being taken against them by employees, clients, patients, litigious family members or other creditors.
Going Offshore: Reasons
More broadly, the reasons for going offshore and utilizing offshore companies for tax planning and offshore business include:
·         Free remittance of profits and capital
·         Access to top-rated debt history jurisdictions
·         Access to tax treaties
·         Security of property rights
·         Accessing low cost areas
·         Banking privacy
·         Availability of offshore experts
·         Access to foreign insurance and reinsurance
·         Enhanced privacy
·         Customs and duty exemptions
·         Exchange convertibility
·         Government cooperation
·         Fair treatment
·         Territorial taxation on foreign income
·         Fewer restrictions
·         Sanctity of contracts
·         Foreign investment inducements
·         Tested legal systems
·         Higher yields and returns
·         The availability of sophisticated banking facilities
·         Reduced taxation
·         The search for political stability
The easiest way to start an offshore business is to get a professional consulting company to help you with the initial setting up tasks. This means you can ensure that you're not wasting money, as you'll have professional advice and guidance. Through DBA Business Advisors, you can hire one of the best companies in Dubai to evaluate your requirements and help you at a very competitive price.
Written by Ashraf. Ashraf is a Senior Consultant with DBA Business Advisors and specializes in offshore asset protection for expatatriates.
For offshore business assistance please contact me
My Contact Details
Mohammed Faisal Ibrahim
Business Consultant
Adam Outsourcing
Vertical Member of Adam Holdings
ISO 9001:2008 Certificate: AE 11/2391
Office 2A, Ground Floor, Building No.6,
Gold & Diamond Park,
P.O. Box:- 183827, Dubai, U.A.E
Fax:                       +971 4 341 9702
Mobile:                              +971 55 2419200       

13 comments: said...

I like your blog which has some good information and useful for me. Today everyone wants to visit Dubai because they want to Set Up Business In Dubai that’s why they will consult with a reputable Dubai Offshore Company.

Brave Boss said...

I read your blog.Thanks for sharing such a Good information about Offshore company formation dubai.Thanks for sharing contact info.

zone steup said...

Well this blog shares quite a valuable information regarding the offshore company.Thanks for sharing it.

avans said...

This blog contains all the pros of an offshore company formation,so simple and easy to understand.

Anonymous said...

I not to mention my guys appeared

to be looking at the good points on your web site and quickly developed

terrible feeling I had not expressed respect
to the blog owner for them. Most of the boys

became absolutely stimulated to read

them and have truly been taking advantage
of those things. Thank you for

genuinely really kind and also for

making a

decision on this form of brilliant ideas most people are
really wanting to learn about. Our own sincere apologies for

not expressing gratitude to you sooner.

Here is my page: nearest airport to andalucia

sulekha cheran said...

I think Family Drug Education is very important to the whole family.

Dubai Company Formation

doing business in UAE said...

Can you sent me some rips Or idias related to the Off-shore company formation in Dubai and Any where in United Arab Emirates in your point of view?

Harry John said...

Excellent blog very nice and unique information related to business. Thanks for sharing this information.
refinance home loans

Dubai offshore said...

Great informative and quality business related blog post,keep posting such valuable and informative post.
offshore company in UAE

aadi vast said...

Thank you so much for taking the time to share this exciting information.
wedding dj london

smita sharma said...

What is the best valued, cheap (legit) online UAE Company Formation company?

sheila olson said...

I agree with this and that is why I have already hired a firm called offshore trust protection who is providing me all types of asset protection.
Why Put Money Offshore?

Muhammad Asif said...

Dubai has emerged as the most preferred place for businessmen to set up their offshore business as there are no taxes imposed on offshore companies. It is advised to get support from professional offshore company formation consultants, as they can direct you through the complete procedures.