Offshore Constructive Business Environment

Offshore company formation has started ahead popularity after the arrival of new Internet and travel expertise which make the world a decrease village, where it is possible to exchange in sequence an expertise quickly and easily. The understanding of offshore company formation is a mutually helpful one for the business as well as the mass country. The host country facilitates a constructive business environment for the offshore company, and thus attracts additional foreign investment. On its part, the offshore company finds it expedient and profitable to work from the country of its incorporation. The availability of start-up overhaul providing agencies have complete offshore business formation quick and trouble-free. Benefits of offshore company formation in the UK are Convenience of operation Many entrepreneurs name this as the single the majority tempting factor that leads to offshore company formation. An offshore company is limited by less stringent laws regarding auditing, office and operating activities.

When compared to onshore companies, offshore companies have to adhere to less severe requirements. Tax benefits: Enjoying generous tax benefit is an important reason for offshore company formation. As a broad international rule, businesspersons who advance in a foreign country in order to start a company there, is qualified to certain tax benefits. There are many conducts in which an offshore company can enjoy small to no tax. For instance, if the company that is reputable in a particular area is not derive any financial profit from that area, then it is eligible to work free of tax. Such benefits can save the company a substantial amount.

Build Your Business in Offshore

Expand your wing and feel new horizon of success with offshore incorporation. Whether you need to set-up a new business in Saudi Arabia or wish to attach well with your European clients the offshore company formation. Establishing a business in a overseas land could be a difficult task but with authentic offshore business set-up consultancy could assist you in unblocking a new way of development and success. Go global with a steadfast offshore company setup consultancy service. Starting up a new business in an offshore is a intricate task, incorporating the law & order sympathetic the banking and financing services and administration the organization without spilling the beans is a hard task and only a well keep and well-resourced consultancy could provide your various offshore business needs in a cut of the time. From arranging laser printer to fax machine for arrange the legal papers of the company all will be managed by the team of highly competent professional. With the growing tendency of globalization more and extra companies are going for offshore business setup; make your trail easy and comfortable with the right start. Give a sound figure to your idea and lay a solid groundwork of the business.

Build your Dream Business in London

Expand your wing and feel new horizon of success with offshore incorporation. Whether you need to set-up a new business in Saudi Arabia or wish to attach well with your European clients the offshore company formation. Establishing a business in a overseas land could be a difficult task but with authentic offshore business set-up consultancy could assist you in unblocking a new way of development and success. Go global with a steadfast offshore company setup consultancy service. Starting up a new business in an offshore is a intricate task, incorporating the law & order sympathetic the banking and financing services and administration the organization without spilling the beans is a hard task and only a well keep and well-resourced consultancy could provide your various offshore business needs in a cut of the time. From arranging laser printer to fax machine for arrange the legal papers of the company all will be managed by the team of highly competent professional. With the growing tendency of globalization more and extra companies are going for offshore business setup; make your trail easy and comfortable with the right start. Give a sound figure to your idea and lay a solid groundwork of the business.

New Company Setup in a Easy Way

For starting up a commerce there are two forms of implement an organization. One can start from the graze and then building upon income and achieving targets of expansion and profitability in every transient year. This form of growth is called whole growth. The second form of early a business requires a convinced company which can be named as achievement Company who acquires the additional company which is identified with the name of a goal company. The form or style of the business also entail to be agreed upon in go forward. It means the owners of the company or those persons who have bet in it need to agree in advance as to whether the form of the company would be incomplete company, a partnership firm or in few cases it can be worked upon just by a single owner in the form of solitary proprietorship. The limited company means that the accountability of the owners of the company will be limited. This is the correct wordings of the legislature that describes the very nature of a limited liability business. If this definition is further search it means that the members or the owners of the company are only liable to contribute to the company, in the event of twisting up of the company, to the point of their investment share in the company. The shape of winding up is different and each form is ~owing/unpaid/owed to some unique reasons. Not paying the creditors on time with no possible chances of payment in the near potential is one of the reasons which start the winding up process. The company has confident primary documents which are essential for the confirmation of existence of the company and comprise articles and memorandum of association. If a certain object article in mentioned in the said documents and the same is no longer be realistic then the company is wound up.

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Types of Licenses offered by Sharjah International Airport Free Zone

Investors can choose the type of licenses as per the business activities they do. Sharjah International Airport Free Zone provides the following types of licenses.

•Industrial License

Industrial license allows the investor to import raw material, manufacture, and process, assemble, package and export the finished product. (Subject to clearance from SAIF-Zone Health & Environment Dept.)

•Commercial License

Commercial license allows the investor to import, export, distribute, consolidate and store items specified in the license. There is a maximum limit of three similar product lines.

•General Trading License

As the name suggests, a large number of products fall within its ambit. This type of license can be obtained under the commercial license

•Service License

Services license allows the investor to carry out only specified services. (Unless restricted by the federal or local authorities, all types of services are allowed within the SAIF-Zone).

Company Registration in Sharjah Airport International Free Zone

The legal status of the licenses which can be operated within Sharjah Airport International Free Zone can be classified as here under.
1.Branch of a Company:

Companies established in U.A.E or a foreign country may establish a branch in SAIF-Zone. Branches are of two types classified as hereunder

1.1 Branch of a Foreign Company
A company situated in a foreign country, if so authorised by it's documents, can establish a branch of their company in SAIF-Zone. The SAIF-Zone branch of such company shall have the same name as that of the parent company.

1.2. Branch of a U.A.E (Local) Company
A company established in U.A.E, if so authorised by it's documents, can establish a branch of their company in SAIF-Zone. The SAIF-Zone branch of such company shall have the same name as that of the parent company.

2.Free Zone Company (F.Z.C)

Two or more legally capable persons natural or juridical can establish a Free Zone Company in SAIF-Zone with a minimum capital of AED.150,000/- or it's equivalent in US Dollars. In normal cases the maximum number of shareholders is up to 5 and if approved by the SAIF-Zone management the maximum number of shareholders can go up to 7 shareholders. Liability shall be limited to the FZC's share capital.

3.Free Zone Establishment (F.Z.E)

A legally capable person natural or juridical can establish a Free Zone Establishment in SAIF-Zone. In other words there shall be only one owner (shareholder) in a Free Zone Establishment. The minimum amount of capital required is AED.150,000/- or it's equivalent in US Dollars. Liability shall be limited to the FZE's share capital

Maintaining Records of Accounts in DWC FZ

Every Free Zone Enterprise must keep proper records of account prepared in accordance with International Financial Reporting Standards (IFRS) and be sufficient to show andexplain: (i) the assets and liabilities of the Free Zone Enterprise; and (ii) all transactionswhich show money received and expended by the Free Zone Enterprise on a day to day basis together with information sufficient to identify and explain such receipts and expenditure.

 The records of account must be kept at the Registered Office and shall be available for inspection. If a Free Zone Enterprise fails to allow for inspection of the records of account the matter may be referred to the Corporation and the Corporation may order the Free Zone Enterprise to immediately arrange for inspection of the records of account.

 The first financial year of a Free Zone Enterprise will commence on the date of its incorporation or registration. The first financial year may not exceed 18 months, thereafter each successive financial year may not exceed 12 months or be shorter than 6 months.

No later than 18 months after the incorporation or registration of the Free Zone Enterprise, and for every financial year thereafter, the Free Zone Enterprise must prepare a balance sheet and a profit and loss account (as at the last day of the financial year) which will form part of the Free Zone Enterprise's financial statements. The Free Zone Enterprise's financial statements must be drawn up so as to give an accurate and fair view of the profits or losses of the Free Zone Enterprise and the state of affairs of the Free Zone Enterprise, in each case, for the financial period in question.Where a DWC limited liability company owns 50% or more or otherwise controls another Free Zone Enterprise or other incorporated entity, the DWC limited liability company should prepare group accounts on a consolidated basis.

The annual accounts of each DWC limited liability company must be approved by the Board of Directors and signed off by at least one Director within 3 months of the end of each financial year before being presented to the shareholders. A copy of the signed annual accounts (together with the auditors' report set out in Section 6.15) must then be delivered to the Free Zone Department within 30 days of such approval and signature.The Corporation may, in its absolute discretion, agree to extend the aforementioned periods.

Appointing Board of Directors & Secretary in DWC FZ

All DWC limited liability companies must have an effective Board of Directors and a Secretary that are natural legal persons. The number of Directors will be not less than one (1) and not more than seven (7). The offices of Director and Secretary may be held jointly by a single person. However, the offices of Chairman and Chief Executive Officer must not be held by the same person. The first Director(s) and Secretary must be stated in the registration application.

Details of each Director and Secretary will be maintained in the Register. All DWC limited liability companies must provide the Company Registrar with the full name, nationality and residential address of each Director and Secretary together with a certified copy of their passports and their specimen signatures. Any changes of Directors or Secretary must be notified to the DWC Free Zone Department within 30 days of the change being made.

Share Capital Value in DWC FZ

All Free Zone Enterprises registered as DWC limited liability companies must have a share capital denominated in UAE Dirhams. The minimum capital of a DWC limited liability company will be AED 300,000 or such other amount as the Corporation may prescribe from time to time.

 The share capital will be divided into shares of AED 1 each or such other amount as the Corporation may prescribe from time to time. Each issued share will be consecutively numbered. No shares will be issued in bearer form.

 The consideration for which a share in a Free Zone Establishment is issued may take the form of cash or non cash consideration. If the shares in the Free Zone Establishment are issued for any consideration other than cash, then the auditors of the Free Zone

Establishment must certify that the fair market value of the non cash consideration at the time of issue of the shares is not less than the nominal value of the shares issued.

The share capital of a DWC limited liability company may, subject to any limitations set out in the Regulations, be altered by a Board Resolution of the company.

 No share in any DWC limited liability company may be transferred without a Board Resolution approving the transfer. Transfers must be made by a instrument of transfer prescribed by theCorporation from time to time. The instrument of transfer, once duly executed, must be delivered to the Company Registrar who will update the Register with the details of the transfer and the transferee. A transfer will be legally effective from the date of transfer recorded in the Register.

Maintaining Recordes & Minutes in DWC FZ

All DWC limited liability companies must maintain an up to date record of all shareholders, Directors and the Secretary. Such record must include, in the case of shareholders which are companies, properly certified copies of all incorporation documentation and certified copies of the passport and residence visa (if applicable) together with specimen signatures of any person that is or has been a shareholder,
Director or Secretary of the company.

 Additionally, a DWC limited liability company must keep:

·  a written record of all proceedings at all general meetings or meetings of the Board of Directors and of any committees appointed by them;

· copies of all resolutions passed by the Board of Directors and the findings or reports of all committees appointed by them; and

· such other books and records as may be necessary or desirable in the opinion of the Board of Directors to reflect the business dealings and financial position of the company.

The Secretary will be the person responsible for maintaining a record of all resolutions, minutes, reports and other books and records unless otherwise stated. The minutes of each meeting must be signed by the person presiding over such meeting and be placed in the company's books kept at its Registered Office. Unless evidence to the contrary is established, the minutes, once signed, shall be conclusive evidence of the business and proceedings transacted at a meeting and that the meeting was validly held andconvened.

 The minute books must be available for inspection at the Registered Office upon reasonable notice and during normal working hours by any current shareholder or current Director of the company (subject to any reasonable restrictions which the company may impose). Alternatively, a current shareholder or a current Director may request to receive copies of the minute books (subject to any reasonablerestrictions or administrative expenses which the company may impose).

If a company fails to provide copies of the minute books or allow for their inspection as stated above, a current shareholder or current Director may refer the matter to the Corporation and the Corporation may order the company to immediately arrange for inspection or provide copies of the minute books.

Maintaining Free Zone Register in DWC

Dubai World Central (DWC), a 140km² development in Jebel Ali, Dubai, centered around the new Al Maktoum International Airport,Jebel Ali. DWC Free Zone establishment aims to promote the businesses and organisations operating in the aviation and logistics industries.

The Corporation, through the Company Registrar, will maintain the Register in such form as it may determine from time to time. Once an application to register a Free Zone Enterprise has been approved and all required documents and materials have been received by the Company Registrar, along with payment of the specified share capital (if registering a DWC limited liability company) and all other applicable fees as set out in the Tariff, the Company Registrar will enter the details of the Free Zone Enterprise in the Register and issue:

For a DWC limited Liability Company:

· a certificate of incorporation duly executed on behalf of the Corporation specifying the name of the company; (ii) the registration number; (iii) the Registered Office address; and (iv) the date of incorporation;

·  individual share certificates duly executed on behalf of the Corporation for each shareholder which specifies the number and value of shares held by that shareholder;

· the Memorandum of Association of the company; and

· the Articles of Incorporation of the company.

For a Branch Company:

·  a certificate of registration duly executed on behalf of the Corporation specifying  (i) the name of the Branch; (ii) the registration number; (iii) the Registered Office address;  and (iv) the date of registration.

From the date of incorporation a DWC limited liability company will be a body corporate capable of exercising all functions of an incorporated company but with such liability on the part of the shareholders limited to the amount of the share capital for which they have subscribed, save that the liability of the shareholders will not be limited in cases of fraud.

From the date of registration of a Branch, the Branch will be capable of exercising all functions of its parent company/organisation but it will not be endowed with a legal personality separate from that of its parent.

The Register will be open to the public for inspection subject to the Corporation's prior approval and the payment of the appropriate fee as set out in the Tariff.

License in Ajman Free Zone

Ajman Free Zone is situated at the strategic location, at the entrance of Arabian Gulf and is well placed to serve the western and eastern markets.Ajman's proximity to Sharjah and Dubai provides easy accessibility to the two international airports and four ports. Ajman Port, serving over 1000 vessels in a year, has emerged as an important maritime focal point today. It has twelve berths. A massive development plan for Ajman Ports, under progress, seeks to enhance its facilities to world level in the near future.

Ajman Free Zone allows you to start 4 types of licenses namely,

1.Trading License
2.Professional Services License
3.Industrial License
4.National Industrial License

Under Trading license you are eligible to have minimum  of 1 and maximum of 3 activities plus General trading license.

Professional Services License will be issued who are planning to do the business of providing services in the free zone.

Industrial License allows a person who wants to perform the manufacturing activities.

National Industrial license is issued to a registered company in the free zone which fulfills some criteria fixed by the authority.

Visa Sponsorship in Ras Al Khaimah Free Trade Zone

Ras Al Khaimah Free Trade Zone, commonly known as RAK FTZ is located in Northernmost emirate,Ras Al Khaimah.It is located approximately 100 kilometers north east of Dubai and it is connected by Emirates road,a multi lane highway and lots of smaller roads. RAK FTZ provides visa sponsorship to their licensed clients so that they can operate business in the UAE. The number of visas that can be issued to a company is depend on the scale of operation, type and size of facility, type of license and activity undertaken. Commercial and Consultancy licenses can apply for up to four visas. For industrial licenses the  number of visas depends on the project requirements.


There are mainly three types of visas available in RAK FTZ.


1.Employment Visa(for investors,partners, managers and other employees)

2.Family Visas

3.Visit Visas 


For investors and partners applying the visa, the value of the shares held by the applicant is not less than AED 50,000 and this is a 3 year visa.


For managers and other employees applying for the visa should fall in the age limit between 20 and 60 years of age this is also 3 year visa.


Males who holds the RAK FTZ employment visa is eligible to apply for family visas to sponsor their dependants and this is a 3 year visa.


With visit visas one can enter UAE for short period of time (min 30 days max 90 days)



Visa applications and approvals are subject to change without notice and are governed by the rules and regulations of RAK FTZ and the RAK Immigration.