An Offshore Company is a company which is incorporated outside the jurisdiction of its primary operations. Offshore Companies are sometimes known as non-resident companies. An Offshore Company should not conduct substantial business within the offshore jurisdiction where it is incorporated.
An Offshore Company is 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.
There are a number of business activities which are suited to be operated through an Offshore Company. Major uses of UAE offshore company include the following.
