An offshore company, also known as an offshore corporation or offshore entity, is a business organization that is established in a foreign country or jurisdiction, typically for the purpose of conducting business, holding assets, or managing financial affairs. Offshore companies are commonly used for various reasons, including tax planning, asset protection, privacy, and legal advantages.
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An Ajman Offshore company is a company that is incorporated in a jurisdiction different from the one where it carries out its business activities or companies incorporated in offshore financial centers.
RAK International Corporate Centre (also known as ‘RAK ICC’) is a government corporate registry in the Emirate of Ras Al Khaimah, United Arab Emirates. RAKICC carries out the registration and formation of international business companies / offshore companies in UAE, and provides a full range of registration services in connection with the international business/offshore company activity.
A JAFZA Offshore Company may be used as a Holding Company for a multitude of activities which may include holding freehold properties in Dubai as approved by JAFZA (Jebel Ali Free Zone), tax mitigation, estate planning and asset protection. It is possible to hold a Dubai property and other assets in privacy through a JAFZA offshore structure. On obtaining a ‘Certificate of Incorporation’, a multi-currency UAE bank account can also be opened.
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