Jebel Ali Free Zone Authority (JAFZA), Ras-Al-Khaimah Free Trade Zone (RAK), Ajman Free Zone are the best zones for offshore companies and offer following benefits
Benefits of Offshore Company Formation in UAE
1.No customs duty
2. Full repatriation of profits
3. Full foreign ownership
3. One shareholder and a director can register the company
4. Multi currency can be used as capital for the company
5. No requirement to deposit the money in the offshore bank account
6. The shareholders are benefitted from the privacy and secrecy
7. No Incorporation Tax
8. No income Tax