If you are running a business successfully and are planning to expand it to other international markets, then you will have to register an offshore company to access global markets without any hassles. If truth be told, doing so will not only allow you to sell your products and services in foreign markets, but you will also be able to reap a number of other benefits by registering your business in offshore.
However, there is a very good chance that you will have a very negative image of offshore companies in your mind. If yes, then the following information will prove to be very helpful for you to get the answers of the questions that are there in your mind about offshore companies.
Benefits of setting up an offshore company
The fact of the matter is that there are a number of benefits that you can only reap by opting for
offshore company formation in Dubai or any other desired country. One of the biggest reasons why investors love registering offshore companies is the fact that they can register their business in just about no time by investing very small amount of money. Believe it or not, it will take less than a week for you to register and start your business in Dubai by registering it as an offshore company.
There are a number of free trade zones in Dubai that offer offshore business formation for foreign investors. These free zones offer a number of services and advantages that you will need to operate your business in an effective manner.
There are a number of investors who prefer registering offshore companies only because of the fact that they get confidentiality and privacy about your business that will not be possible if you will register your business in your local market.
Another very important advantage of registering an offshore company in Dubai is that you will not have to go through a lengthy process of preparing many different types of personal and business documents to register your business. Dubai free zones require minimal documents from the investors to register their offshore companies with them.
Many investors register offshore companies to prevent themselves from a number of legal issues and lawsuits. If you don’t know already, you will also be able to operate your business without worrying about paying huge amount of taxes as all Dubai free trade zones are tax free havens. This mean, you will not have to pay tax and duties by trading your products in international markets.
Unlike, company formation in Dubai mainland, you will not have to add a UAE resident as your partner to register an offshore company in Dubai. This mean, you will enjoy 100% ownership of your business by registering it in your desired Dubai free trade zone.
If your trade license has expired and you do not have time and patience to renew it yourself, then you should look for a reliable business consultancy firm for the stress free
trade license renewal in Dubai.