Offshore Company Setup Services in UAE

Offshore Companies

Registering offshore companies within a free zone enables them to avail several similar benefits, but it doesn’t serve as a direct substitute for a free zone company. The key difference lies in the scope of business operations. Offshore companies are allowed to engage in business activities outside the UAE rather than within the country. Furthermore, they do not have any minimum capital deposit requirements before incorporation. However, unlike the flexibility of operating as a free zone business, offshore companies require a sponsor, restricting foreign ownership to a maximum of 49%.

Offshore Company Setup Services Dubai, UAE

Who can claim a VAT refund in the UAE?
Any VAT-registered person with excess input over output can claim, subject to the executive regulations and return accuracy.
How long does a decision usually take?
The FTA typically responds within about 20 days and pays within five working days after approval.
What invoices should I attach?
You attach top-value input invoices, key output or zero-rated invoices, and export proofs when relevant.
Do I need a bank validation letter?
You need one for foreign bank accounts. It must show holder name, bank name, address, SWIFT/BIC, and IBAN.
Can tourists claim VAT?
Yes, tourists can claim on eligible goods at departure points when they validate tax-free receipts.

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