Dubai is a perfect destination in which to form an UAE offshore company for many reasons, but it is important to know that there are two entrepreneurial formats in this country.
The advantage of the United Arab Emirates as an offshore financial centre is based on tax exemption. It is also worth remembering that this offshore jurisdiction is not considered a tax haven, which has allowed it to sign some 47 double taxation agreements with other countries.
UAE offshore company incorporation is certainly very attractive, but we recommend forming a company in a Free Zone .
Starting a business in a free zone allows you to gain residency in the United Arab Emirates in addition to being able to operate there. But most importantly, companies created in the free zone can take advantage of double taxation agreements, while offshore companies do not enjoy this benefit.