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Looking To Open A UAE Offshore Company & Bank Account?
What is the purpose of registering Offshore Company ?
Offshore Companies are incorporated for a variety of purposes. It is usually done to increase the profits generated from business in other parts of the world OR to save or prolong payment of taxes in home country OR to act as Holding Company OR to be used as Special Power Vehicle (SPV) and so on.
What are the priorities in selecting the right Offshore jurisdiction?
a)Political stability & security b) Credibility & infrastructure of jurisdiction c) Hassle free compliance process d) Banking system and its safety e) Air & Sea connectivity with other parts of world f) Identifying reputed REGISTERED AGENT for Offshore Company incorporation
Why UAE is becoming hotspot of Offshore Companies?
UAE is blessed with stable polity & economy. The country has more than 40 onshore Freezone jurisdictions and 3 Offshore jurisdicions. The thriving economy owes to its Oil reserves, Trade (due to its strategic location) and Tourism. Moreover most of the international banks operate here and the banking system is fool proof.
Which are the Offshore Jurisdictions in the UAE? Is there any difference in status between them?
There are 3 Offshore jurisdictions in the UAE 1) Ajman 2) RAK ICC 3) JAFZA. All are having similar status and are situated in different Emirates within UAE.
How many international banks & local banks operate in UAE?
As per UAE Central Bank statistics published in 2014, there are 28 International banks & 23 National banks operating in the UAE.
What is the role of AURION?
AURION is established in the UAE for more than 10 years and a well-known top brand Award winning Consultants, having incorporated more than 1200 companies. AURION is the one of the largest incorporators of Offshore Companies in AJMAN. The highly secured Office Management system software makes it a fool proof environment for investors. Clients get all information at their finger tip, using AURION mobile app. Team AURION is guided by Syam Panayickal Prabhu, a post graduate in Law from University of Kerala, with high integrity and reputation