Highlights of Fujairah Offshore Company formation
Understanding the aspects of an offshore company formation in Fujairah will help you approach the business set up with clarity. This will eradicate ambiguities concerning necessities for establishing an offshore business and commencing operations.
- Choosing the right offshore domain is the first step to riches. You need to consider all-around factors prior to reaching the decision. Of course, once our professionals are by your side, we will guide you accordingly.
- Business set up for an offshore company in Fujairah cannot seek a trade license. Only the companies in Mainland and Free Zone jurisdictions are entitled to the business/ trade license.
- The authorities will issue your offshore company a certificate of incorporation, authorizing the operation.
- The company is not authorized to undertake the trading.
- Preparation of legal structure, including Memorandum of Association (MOA) and Article of Association (AOA).
- A minimum of two directors are required in the offshore company.
- Bank account creation is essential for the establishment of an offshore company.
- Offshore company formation could be undertaken with a company registration agent only
- You don't have to reveal the details about the directors to the public.
- The company must have at least one shareholder.
- The offshore company in Fujairah must have a company secretary.
- The director could also assume the role of the company secretary to fulfil the mandatory requirement.
Advantages of an Offshore company in Fujairah
The matchless benefits offered by Fujairah offshore jurisdiction is what lures more investors to the region. The visionary political leadership, identifying the role of business investments in the reinforcement of the economy, has prepared business-friendly policies and regulations. You can explore the advantageous domain to reap a fortune.
- Zero income or personal tax
- 100% repatriation of profit
- Multi-currency banking
- 100% ownership to expatriates
- Legal immunity. The assets of the company are safe during any legal disputes
- Business-friendly policies
- Quick setting up process
- Physical presence of the expat investor not required for setting up the company in Fujairah jurisdiction
- Double taxation avoidance
- Low setting up and operation costs
- Supportive regime
Why Kiltons to Set Up an Offshore Business in Fujairah?
A cursory glance through the business spectrum in the UAE will reveal you that Kiltons is one of the leading business setup services in the country. Established in 1999, we have been significant in the formation of several successful companies in the UAE. We have a wide presence across all the emirates.
Kiltons has a team of expert professionals to support our esteemed clientele. They will undertake the business set up process meticulously, pursuing all the laid down regulations and orders. Not only setting up but also will aid our clients to identify the best business activity and the most favourable jurisdiction for the same.
We have acquired the trust of our clients through constant performance and dedicated services. You may reach out to us to know more about business set up for an Offshore Company in Fujairah and set up your dream company in the jurisdiction.