VAT & Offshore Companies in UAE

        As per Federal Decree Law No. (8) of 2017,  ( Value Added Tax) is being implemented in the UAE from January 1, 2018 at a standard rate of 5% on all “products and services”. All companies in the UAE, with an annual turnover of AED 375,000 or more shall mandatorily register with Federal Tax Authority (FTA) and obtain Tax Registration Number (TRN).

There is a confusion whether the International Business Companies (IBC) popularly known as Offshore Companies in UAE, are within the purview of VAT law in the UAE. 

    As everyone knows, there are three offshore jurisdictions in the UAE – 1) Ajman Offshore 2) RAKICC 3) JAFZA Offshore. “Offshore companies ", as the name indicates,  are legally considered to be outside the country. Offshore companies are non resident companies, with no eligibility to do any business within the country of incorporation. They are not allowed to establish their own office, but their legal Office will be the office of Registered Agent through which company is incorporated. Offshore companies cannot be registered with Chamber of Commerce and they cannot obtain Import Export Code. 

Being a Non- resident company and not doing business within UAE, an Offshore company will not come under the purview of VAT in UAE.  Its also pertinent to note that VAT is payable on the fee charged by Registered Agent for incorporation and annual maintenance of company. 

RAK ICC - MOST REPUTED OFFSHORE JURISDICTION IN THE WORLD

         RAK ICC is one of the most prestigious and well -administered Offshore jurisdictions in the world. The time to incorporate company here is 2 days. The banks in UAE are very comfortable in opening the accounts for RAK ICC offshore companies. AURION is a reputed Registered agent with RAK ICC. Ms. Maria Katrina Magtal is the compliance officer at AURION to process Offshore  companies. Phone: 0097165579726

HAMRIYAH FREEZONE - COST EFFECTIVE PACKAGES

HAMRIYAH Freezone is the prestigious flagship of Sharjah Government. This Freezone has rolled out its latest packages which attracts anyone intending to setup company in UAE. Trade License is usually issued in one day, making it hassle free for the investors. AURION is one of the most reputed Registered Agents of Hamriyah Freezone and can assist in the entire process. www.aurionuae.com

Dubai World Central (DWC) Freezone (DUBAI SOUTH)

      Situated adjacent to Dubai Al Makhtoum International Airport, DWC Freezone is the fastest growing Freezone in UAE. Registration of Company in DWC is hassle free and cost effective. It takes approximately 15 days to incorporate & obtain License. The fee for company registration starts at AED 29,900 (USD 8191). Team AURION has special expertise in DWC company registration. Contact Senior Business Consultant: +971504825561 

Dubai Airport Freezone - Latest Package

        Dubai is one of the top tourist destinations in the world, with direct air connectivity to all parts of globe. Situated adjacent to Dubai International Airport, is the Freezone, better known as DAFZA, the premium Dubai Brand. The ultra-modern infrastructure combined with the best service makes this Freezone world's no:1 Freezone. DAFZA has rolled out latest promotion packages at a cost of approx USD 43,000 for 50 sqm furnished offices and 6 Visas. A few more units are available and avail the prestigious address before its completely occupied. Contact Email: syam@aurionuae.com contact Phone: 00971504825561

UAE Offshore Company

      Ajman Offshore Jurisdiction in UAE is considered as one of the safest Offshore Jurisdictions in the world to incorporate Companies. AURION is a trusted Registered Agent of Ajman Offshore, having incorporated hundreds of companies in that Jurisdiction. The time span to register company is just one day and bank account can be opened in any UAE Bank. The Client need not visit UAE to incorporate & AURION team will take care of incorporation with 100% guarantee. Enquiries can be sent to enquiry@dubaifreezonecompany.com

DUBAI AIRPORT FREEZONE - NEW LICENSE PACKAGES

Dubai Airport Freezone, graded as world's no: 1 Freezone with its five star facilities has announced new packages BRONZE, SILVER & GOLD. These packages cover the cost of Office, License, furnishing & visas, making it cost effective and hassle free for investors. AURION, being the REGISTERED AGENT of Dubai Airport Freezone, supports the investors around the globe to set up their New/ Subsidiary/ Branch company in Freezone, complying with all legal documentation. Visit www.dubaifreezonecompany.com

AJMAN OFFSHORE COMPANY, UAE

       Ajman Offshore in UAE, is one of the best jurisdictions in the world to incorporate Offshore company. As everyone knows, Offshore companies can serve as the best vehicle for asset management. At a comparatively low maintenance cost, AURION, one of their trusted registered agents provides the best and fast services to set up Offshore, with minimum documentation. The professionals at AURION help the client for a hassle free registration of company and obtaining all legal documents. www.offshorecompanylicense.com will throw more light into incorporation of Offshore companies. email: syamaurion@hotmail.com

Freezone Company in UAE

               UAE is the home of most successful Freezones in the world, with each Freezone hosting around 4000 to 6000 companies. The political stability, safety & security, ease of doing business, government support and tax haven status has made UAE Freezones the most sought after location for investors worldwide.A company can be incorporated in 2 to 3 days, bank account in 4 days & Visas in 10 days make it a unique destination for being a trading hub of middle east. Investors can get the perfect professional service by AURION, Registered Agent of Freezones and they can be reached via website www.aurionuae.com. With the announcement of City for World Expo 2020, the company registrations in Dubai Freezones are poised for a huge growth, Syam Panayickal Prabhu, Senior Consultant at AURION Business Consultants said. 

Company Formation in UAE: Offshore Company Registration

Company Formation in UAE: Offshore Company Registration: OFFSHORE COMPANY FORMATION An offshore company is an International Business Company which does not carry out any substantial busines...

Setting Up Branch of Foreign Company in UAE

       Any Foreign Company can set up a Branch or Subsidiary in UAE. The parent Company shall pass a Board Resolution to that effect. Board Resolution shall state that parent Company gives financial guarantee to the branch and it appoints a  Manager as Authorised Signatory of Branch/Subsidiary. This Board Resolution and all parent Company documents attested by UAE Embassy of the country of origin is sufficient to set up Branch or Subsidiaries. AURION, the pioneers in Consulting provides assistance in all matters concerning setting up of Company in UAE.

Bank loan assistance in dubai

    AURION has good rapport with corporate divisions of various banks in UAE which can help to get Business Loans or Personal loans having minimum documentation and hassles. AURION team guides step by step procedure to avail facility and Clients can relax after giving the necessary documents to us. We are the trustworthy service providers with Headquarters at Sharjah and Branch in Dubai.

Company Formation Procedure

    Company formation in Dubai/Sharjah/Ajman emirates in UAE is made simple, easy and hassle free to attract  investors world wide. The only document required for setting up business is the investor's passport copy. The usual time span for obtaining Trade License varies from 2 days to 10 days depending on Freezone in which Company is incorporated. In some freezones, there is no requirement of even the Capital to set up Company. AURION acts as a single window solution to all Business setup & Visa requirements for the investors. For more details  Email: syam@aurionuae.com or log on to:  www.aurionuae.com

Dubai Airport Freezone

            Dubai Airport Freezone is one of the most reputed Freezones in the world and has several Fortune 500 companies functioning under it. Located in the heart of Dubai, adjacent to Dubai Airport, this Freezone offers hassle free incorporation of new Companies. The Companies get Trade License, furnished Office,Visas and Bank Account. The superlative ambience to do business combined with UAE's reputation as Middle East hub makes Dubai the attarctive destination of Corporates around the globe. AURION, one of the famous business consultants group having office in Dubai Airport Freezone will make sure that the registration of Freezone Company is done handsdown. To contact:- enquiry@dubaifreezonecompany.com

Freezone Companies for Tax Savings

               United Arab Emirates is a fertile land of more than 26 tax haven Freezones. Business people around the Globe form bee-line to incorporate Freezone companies in Dubai, Sharjah, Ras Al Khaima & other Emirates in UAE for effective Tax savings while doing International trading business. Each Freezone jurisdiction in UAE hosts 1500 to 4500 multinational companies which includes small single owner companies and also Fortune 500 companies. The incentives provided by Government clubbed with the hassle free registration and legal procedures makes it the most sought after destination for corporates. Foreign Companies can set up a Branch or Subsidiary of parent Company in UAE, which is termed as the hub of Middle East. For incorporation of a New Company, Branch or Subsidiary of parent Company, AURION, the pioneer in the field provides expert legal assistance.