Set Up Offshore Company in Fujairah

Fujairah is the only emirate in the east coast of the United Arab Emirates, located on the Gulf of Oman. With an estimated population of above 1.5 lakhs and a rapidly developing infrastructure, Fujairah has become one of the major destinations in UAE, for investment.  The investor-centric policies formulated by the visionary leadership are what placed Fujairah in the limelight. Setting up an offshore company in Fujairah is an easy and unfussy process, which could be concluded quickly. And you can kick-start your business at the earliest.

A plethora of advantages offered by the emirate makes formation of an  Offshore Company in Fujairah an ideal decision, which can augment your business prospects. Our team of professionals has evaluated the pros and cons of the offshore domain towards guiding our esteemed clientele. Therefore, we can be the right choice for guiding you about offshore company formation in Fujairah and other related aspects.

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FAQ's

Frequently Asked Questions on Set Up Offshore Company in Fujairah

  • Am I required to be present for the formation of an offshore company in Fujairah?
    • Fujairah authorities don’t require your physical presence for company formation in the offshore jurisdiction. Kiltons team will complete all the formalities on behalf of you. However, your physical presence is mandatory in a few other offshore jurisdictions. In that case, you have to sign the documents in presence of the authority.
  • What are the documents required?
    • The documents required for offshore company formation in Fujairah are:

      - Application in the requisite format

      - Address proof

      - Documents from Bank indicating the details and bank reference letter

      - Copies of passports of owner and shareholders

      - Copy of passport of the designate manager

      - Notarized Memorandum of Association (MOA) and Article of Association (AOA)

      - Business plan

      - Curriculum Vitae indicating the owner’s professional data

  • How much time will it take for company formation in Fujairah Offshore?
    • It will take a maximum of one week. However, it depends on several factors. Therefore, it is difficult to tell a conclusive timeframe. Rest assured we would help you in quick set up of the company.
  • Do I need a local Emirati sponsor for setting up an Offshore Company in Fujairah?
    • No, expats don’t require a local sponsor for company formation in Fujairah offshore. You can have 100% ownership in the company.
  • What are the benefits of company formation in Fujairah offshore jurisdiction?
    • Great benefits await those who establish the business in Fujairah offshore jurisdiction.

      - 100% repatriation of profit

      - Multi-currency banking

      - 100% ownership to expatriates. Therefore, you don’t require a local sponsor for company formation in the domain

      - 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

      - Conducive policies and regulations

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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.

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