Profound UAE

  Offshore Company Formation in Dubai - Profound UAE 'One size fits all' does not apply to offshore company formation. The choice will often depend on what your aims are, be it tax reduction, asset protection or wealth management on a larger scale. Here we take a look at the different offshore companies on offer and why they are used. Offshore Corporations , which are also known as limited companies or IBCs. These are the most common type of offshore company, often used for tax-free trading, royalties/patents/copyright holding, investments (equities, commodities, forex trading) and overseas property holding. They are also used to shield the beneficial owners of offshore bank accounts, by making the company the account holder.  The most private type of offshore company is a 'bearer share corporation' whereby physical possession of shares (rather than naming on a public document) denotes ownership. However, bearer share companies are becoming increasingly hard to find due...