Offshore

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • #5354

    Can an offshore company do business in Dubai. If yes, what is the tax structure

    #5359

    Hello

    The offshore company registered in the UAE get a registration certificate that allows international business not conducted with parties based in UAE.

    It is, however, allowed to own assets in UAE, like property and shares and allowed to raise invoices to receive funds from abroad pay international bills and also have a bank account. No physical office is allowed nor does it get a trade licence to do business inside UAE.

    The Tax structure is – No VAT on international billing outside GCC. No income tax.

Viewing 2 posts - 1 through 2 (of 2 total)
  • The forum ‘Jurisdictions’ is closed to new topics and replies.