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Why is it worth establishing an offshore company in Dubai? What are the benefits? Which type to choose?

I am considering setting up a company and hence my question why is it worth setting up an offshore company in Dubai? What are the benefits? Which type to choose?
I am considering setting up a company and hence my question why is it worth setting up an offshore company in Dubai? What are the benefits? Which type to choose?
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6 answers


citipunk
The question of where you actually want to do business.
If it is an online business where no one will find out that you are escaping with taxes, it is worth trying. However, if it is a company only so that ZUS does not pay in Poland, ZUS and US can attach and then it can hurt in the pocket. Companies that organize it will not tell the truth because they are looking for clients. I would advise you to consult a lawyer and the internet. Remember also that if you live in Poland for over half a year, you are a tax resident in Poland in each tax year.
With income "from abroad" you may also have problems with taking loans from Polish banks - if you are considering buying an apartment in a loan, it is worth remembering about it.
The question of where you actually want to do business.
If it is an online business where no one will find out that you are escaping with taxes, it is worth trying. However, if it is a company only so that ZUS does not pay in Poland, ZUS and US can attach and then it can hurt in the pocket. Companies that organize it will not tell the truth because they are looking for clients. I would advise you to consult a lawyer and the internet. Remember also that if you live in Poland for over half a year, you are a tax resident in Poland in each tax year.
With income "from abroad" you may also have problems with taking loans from Polish banks - if you are considering buying an apartment in a loan, it is worth remembering about it.

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2 likes

emjopia

Hi my name is Emmanuel and I'm currently working in Dubai. There are a lot of benefits if you want to setup an offshore company in Dubai. But that depends on you as to how are you going to or select the kind of setup. You may check the details in JAFZA that's under Dubai City there's also one from RAK a different city/state in United Arab Emirates. One of the benefits are it's TAX FREE, as per with you last questions that's for you to select but there are a lot of types according to the nature and how your office/business setup might be. Best of Luck friend.

Hi my name is Emmanuel and I'm currently working in Dubai. There are a lot of benefits if you want to setup an offshore company in Dubai. But that depends on you as to how are you going to or select the kind of setup. You may check the details in JAFZA that's under Dubai City there's also one from RAK a different city/state in United Arab Emirates. One of the benefits are it's TAX FREE, as per with you last questions that's for you to select but there are a lot of types according to the nature and how your office/business setup might be. Best of Luck friend.


1 like

dawidj

Companies registered in the United Arab Emirates are not subject to VAT, they do not pay income tax. Considering the benefits resulting from such action, they can be divided into two types: tax and image. As of today, the tax system in the United Arab Emirates, compared to European countries, is extremely simplified. As a rule, companies in the mainland and free zone, in the absence of the need to obtain a VAT entry, can only keep simplified accounting under annual reports prepared on the basis of sales records. The company should register in the VAT register in case of exceeding the revenue from sales in the UAE in the amount of AED 187,500 / year. However, registration for VAT is obligatory for such sales in the event of exceeding the revenue of AED 375,000 / year. Only then is the company obliged to keep permanent books of accounts, as defined in monthly reports. Audits of activities carried out in the case of, for example, mainland companies are a separate issue. Undoubtedly, however, at the moment (before the introduction of the provisions on compulsory corporate income tax), keeping books for the activities performed by the company in Dubai is much simpler and cheaper than, for example, in Poland.

Companies registered in the United Arab Emirates are not subject to VAT, they do not pay income tax. Considering the benefits resulting from such action, they can be divided into two types: tax and image. As of today, the tax system in the United Arab Emirates, compared to European countries, is extremely simplified. As a rule, companies in the mainland and free zone, in the absence of the need to obtain a VAT entry, can only keep simplified accounting under annual reports prepared on the basis of sales records. The company should register in the VAT register in case of exceeding the revenue from sales in the UAE in the amount of AED 187,500 / year. However, registration for VAT is obligatory for such sales in the event of exceeding the revenue of AED 375,000 / year. Only then is the company obliged to keep permanent books of accounts, as defined in monthly reports. Audits of activities carried out in the case of, for example, mainland companies are a separate issue. Undoubtedly, however, at the moment (before the introduction of the provisions on compulsory corporate income tax), keeping books for the activities performed by the company in Dubai is much simpler and cheaper than, for example, in Poland.

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Setting up an offshore company in Dubai can be attractive due to its speed and low set-up costs. Dubai's extensive infrastructure, including a high level of financial and legal services, makes it an ideal place to set up an offshore company. In addition, there is a wide choice of local and international banks in Dubai, further enhancing its attractiveness as a place to set up an offshore company. There are several types of offshore companies that can be established in Dubai: limited liability company (LLC), joint stock company (PLC), holding company or commercial company. Each of them has its own advantages and range of applications, so choosing the right type of offshore company depends on the specific preferences and goals of the client. The main advantages of setting up an offshore company in Dubai include the following benefits: low maintenance costs, speed and minimal company formation procedure, a modern trading platform and an exceptionally high level of confidentiality and security.
Setting up an offshore company in Dubai can be attractive due to its speed and low set-up costs. Dubai's extensive infrastructure, including a high level of financial and legal services, makes it an ideal place to set up an offshore company. In addition, there is a wide choice of local and international banks in Dubai, further enhancing its attractiveness as a place to set up an offshore company. There are several types of offshore companies that can be established in Dubai: limited liability company (LLC), joint stock company (PLC), holding company or commercial company. Each of them has its own advantages and range of applications, so choosing the right type of offshore company depends on the specific preferences and goals of the client. The main advantages of setting up an offshore company in Dubai include the following benefits: low maintenance costs, speed and minimal company formation procedure, a modern trading platform and an exceptionally high level of confidentiality and security.

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rafimoc

And will you have control over it, will you be going to the UAE ??? Why do you have this company? Usually, these tax havens are a hoax as a Polish citizen you have to pay tax here, unless our tax office exempts you from tax.

And will you have control over it, will you be going to the UAE ??? Why do you have this company? Usually, these tax havens are a hoax as a Polish citizen you have to pay tax here, unless our tax office exempts you from tax.

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OpenAI BOT
Setting up an offshore company in Dubai can bring many benefits, such as: Taxation - Dubai offers preferential tax conditions, which can significantly reduce the company's tax costs. Confidentiality - offshore companies in Dubai are covered by banking secrecy, which ensures privacy and protection for the owners. Business freedom - Dubai is a city with a dynamic business market, which creates many development opportunities for the company. When it comes to choosing the type of offshore company in Dubai, options to consider include: Free Zone Company - allows for 100% foreign ownership, favorable tax conditions, and separate rights to conduct business. Offshore Company - an excellent option for companies engaged in international trade, minimal accounting and tax obligations. Mainland Company - allows for conducting business in Dubai and other emirates, but requires a local partner.
Setting up an offshore company in Dubai can bring many benefits, such as: Taxation - Dubai offers preferential tax conditions, which can significantly reduce the company's tax costs. Confidentiality - offshore companies in Dubai are covered by banking secrecy, which ensures privacy and protection for the owners. Business freedom - Dubai is a city with a dynamic business market, which creates many development opportunities for the company. When it comes to choosing the type of offshore company in Dubai, options to consider include: Free Zone Company - allows for 100% foreign ownership, favorable tax conditions, and separate rights to conduct business. Offshore Company - an excellent option for companies engaged in international trade, minimal accounting and tax obligations. Mainland Company - allows for conducting business in Dubai and other emirates, but requires a local partner.

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