What is the Difference Between Free Zone and Offshore Companies in UAE - PowerPoint PPT Presentation

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What is the Difference Between Free Zone and Offshore Companies in UAE

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Business Link will help you to choose the right jurisdiction for your business activity. If you want to know more about Offshore and Free zones Business setup, Visit: – PowerPoint PPT presentation

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Title: What is the Difference Between Free Zone and Offshore Companies in UAE


1
Difference Between
Free Zone and Offshore Companies in UAE
  • Business Link UAE

2
OVERVIEW
  • If you are Planning to do Business in the UAE, it
    would be beneficial for you to know the
  • Differences Between Offshore and Free Zones
  • to ensure the smooth running of your business.

3
UAE Free Zone Company
Entrepreneurs are starting companies in the Free
zone mainly doing the Import, Export, and Trade
the items.
Business setup in Free zones is relatively easy
and only requires minimum paperwork and less
time.
In the UAE, Around 45 Free zones are available.
The entrepreneurs can choose any free zone
depending upon the activity of the business that
they wish to start.
4
Choose the Business Type
01
Choose a Business Name
Register Your Business
Apply for a Trade License
04
05
02
03
Choose Your Location
5
Offshore Companies
  • Offshore companies can be owned by individuals or
    corporations, but they can't carry out the
    business activity in their own country of origin.
  • It cannot carry office space in UAE.
  • Didnt get any business license, they only get a
    certificate of incorporation.
  • Offshore companies are a legal entity, where you
    can do your business worldwide but only outside
    the UAE.
  • For setting up a company in UAE a registered
    agent is mandatory.

6
Things to consider while registering an
Offshore Company
  • Choose the right jurisdiction
  • Find out the right jurisdiction
  • Choose the Business Name
  • Opening Bank account
  • Prepare AOA and MOA
  • Apply for the License

7
Some of the Advantages
Free zone company setup Offshore Companies setup
100ownership No Personal/corporate Tax
Tax-Free Area(Both personal/corporate) 100 foreign ownership
No need for local sponsors One owner or one shareholder is required
No import/export customs duties No minimum capital required
Both shareholders and employees are eligible for getting a UAE Residence Visa No audit is required
No currency restriction
You can open a bank account in UAE
8
Main Three Offshore jurisdictions in UAE

Jebel Ali Offshore
RAKISS Ras Al Khaimah
Ajman Offshore
9
If you want to know more about Offshore and Free
zones or you want to set up a business in UAE,
you can consult Business Link. We have 20
years of experience in the field of business in
the UAE, and we can help you to choose the right
jurisdiction for your business activity.
10
VISIT www.businesslink.ae CALL 971
556070118 EMAIL info_at_businesslinkuae.com ADDRE
SS Oasis Center, 3rd Floor, 104 Sheikh Zayed
Road, Dubai, UAE
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