Friday 4 July 2014

Why to Incorporate in Dubai

Dubai is the 3rd largest re-export center in the world, and the largest state of the seven United Arab Emirates. Located on the Arabian Peninsula between Europe, Asia and Africa, its strategic location attracts roughly 5 million investors and tourists per year. 

Dubai's economy is comparatively flourishing in the wake of the global recession, making it an opportune time for investors and entrepreneurs to buy into its rebounding economy. Incorporating a company in Dubai is a reliable way to invest abroad and conduct international business because of the emirates excellent international reputation as an investment and trading jurisdiction. 

Due to unique and efficient facilities, entrepreneurs and investors are able to operate and conduct their businesses with confidence. Each free zone is conveniently facilitated with centers, buildings, expertise and practices that will meet the nature of your business needs. With such economic, social and political benefits, Dubai is the fastest growing city in the world and is known as a "gateway for regional opportunity". Consider incorporating your company in Dubai and experience the benefits it offers. 

If properly structured, a Dubai incorporated company can legitimately enjoy a wide variety of benefits, which is the main reason why it has attracted almost 200 of the global Fortune 500 companies. 

Advantages of incorporating in Dubai:-

·         100% foreign ownership
·         Cost-efficiency
·         Modern infrastructure
·         World-class privileges
·         100% foreign ownership
·         Can be formed by only one individual
·         Dubai Bank account
·         100% Secrecy maintained
·         0% Tax
·         Less Renewal Charges
·         Can be liquidated anytime
·         Can hold Properties

Dubai is not a signatory to any international exchange of information agreements. This is not predicted to change as Dubai has no taxation gain from the participation of such treaties. This provides high levels of security, privacy and asset protection for companies and individuals incorporating a company in Dubai.

With the exception of banks and companies involved in the oil industry all Dubai companies are free from corporation tax. There is also no income tax, capital gains tax and inheritance tax. It is interesting to note that there is no public record of a company’s directors or shareholders in Dubai. There is also no taxation department. The personal information and details of a company’s activities will remain private in Dubai.

Dubai’s Jebel Ali Free Zone offers an ideal offshore company vehicle for foreign operators. Although trading inside the Free Zone can be carried out under several different types of license the most common is a “Jebel Ali Offshore Company”.

Dubai offshore company may be used for a multitude of activities which many include tax mitigation, estate planning and asset protection. It is possible to hold Dubai property and other assets in privacy through a Dubai offshore structure.


 





Global Company Formation UK Ltd
Suit 6-Westward House
Glebeland Road Camberley
Surrey, GU15 3DB

Tel: 02079935929
E  :info@globalcompanyformation.co.uk
W :www.globalcompanyformation.co.uk


Welcome to Global Company Formation

We offer formation advice to start up business globally. We advise you of the mode of start up like limited company, partnership, sole trader, trust and which is more suitable to your business. Our professional team consists of Lawyers, Chartered Accountants & Business Consultants in all major jurisdictions across the globe. We guide you to the country of formation on the basis your domicile status, double taxation agreement, international plan and repatriation rule of the each country. Now you can form your business anywhere in the world with us and we care your business.

Mathew Stephen FCA, AAIA, CeFA

Mathew Stephen is the founder Director of Global Accountancy Services. He is a qualified accountant from the Association of International Accountants in the UK and the Institute of Chartered Accountants of India. He is also one of the partners of international Chartered Accountants firm P. Parikh & Associates. He has 20 years’ experience in accounts, business consultancy, taxation & statutory audit. He is also a UK Independent Financial Advisor (IFA) and CeFA qualified at the IFS School of Finance.

He has won the Online Technology Award in two consecutive years, 2011 and 2012, from the Tenet Network. He specializes in Global Company Formation, International Taxation and also as Corporate Protection Advisor to the directors of Limited Companies.



No comments:

Post a Comment