The offshore company is formed in a foreign country under strict legislation. If your business does not want to have an office and you want to open a bank account in the local area of the UAE without having a business. Offshore companies enjoy numerous benefits and have legal status. Advantages of opening an offshore company provide you zero-rated or low tax businesses, lowest management cost, operational flexibility, and complete economy protection.
UAE is a whitelisted country and has double tax avoidance treaties with more than 40 countries of the world. Precious point is a global business setup consulting firm and have experience of a decade, we are the best choice to assist you with establishing an offshore company for you at the following locations in the UAE.
