Top 6 Reasons to setup a UAE Offshore Trade Licence
In this article, Ryan Kuchel Director of www.incorporate.ae , explores the options available for those looking to setup a trade licence in Dubai, United Arab Emirates and establish some recommendations based on specific client requirements and objectives. At a high level, you need to become familiarized with the terms "Mainland," "Free zone," and "Offshore" prior to starting a company in Dubai, UAE. In all three jurisdiction categories, there are advantages and disadvantages, and relevant opportunities for business owners with specific goals. Offshore Companies, UAE - Suitability Offshore company’s primary purpose is for exactly that, business’ whose trade is focussed outside of the UAE. An offshore business trade licence will enable you to have a trading or consultancy business outside of the UAE together with the benefit of a local banking account. A further advantage of an offshore trade license is that even with a virtual only presence, the busines