FREQUENTLY ASKED QUESTIONS (FAQ’S)

Q: What is the reasons and benefits to set up an offshore company?
A: To protect assets, manage risk, avoid bureaucracy, reduce costs enhance assets and security of property rights, use it as a holding company.

Q: How many directors can participate?
A: Company consists of at least two Directors and one Secretary.

Q: How many shareholders can participate?
A: Minimum one share holder.

Q: In which language the memorandum should be written?
A: The memorandum should be in English language.

Q: How does the client sets up an offshore company?
A: The client sets up an offshore company through one of the approved Registered Agent.

Q: Can our clients perform their activities in the UAE?
A: It is not allowed to perform activities in the UAE they can only own property in Dubai world, Emaar, Dubai holdings Projects. Also they can own share in LLC company in UAE,

Q: What is the minimum cost of a share capital?
A: It costs minimum AED 1 and it has no limits for maximization.