Faic Business Consultancy JLT

Email: info@faicdubai.com

International Business Company Registration

International Business Company (hereinafter - IBC)

International Business Company - is an international company registered in an offshore jurisdiction of the country & providing special benefits. The company is abbreviated «International Business Company» or Limited Liability, the company may carry on business only outside of the country of registration.

IBC companies are not allowed to operate in banking activities, insurance, and carry on prohibited activities by UAE Law. IBC companies can open bank accounts in the UAE and other foreign banks worldwide. IBC can convene shareholders meeting and to be the shareholders of other companies.

Why Offshore in UAE?

Today Ras Al Khaimah Free Zone, UAE is the most attractive jurisdiction to establish an offshore company. This jurisdiction has developed mechanisms for asset protection, risk management, financial privacy, lack of bureaucracy, registration low cost, security of property rights, foreign investment.

We are offering registration of the IBC company in one of the most dynamic Free Zones of the UAE - Ras Al Khaimah Free Zone (hereinafter – RAKFTZ).

Ras Al Khaimah - emirate is located in the north of the UAE, on the border with Musandam (Oman). The Area of ​​the emirate is 2478 km ². The proportion of UAE nationals is around 50% of the total population (which is pretty much in a country where the average figure is only 20-25%). Official languages ​​- Arabic, English is widely used in business.

A number of legislative acts adopted in 2006 by the Government of Ras Al Khaimah ensured stability of the tax legislation. This is a huge opportunity to legally increase the profitability of your business and to ensure a high level of confidentiality.

Despite the change in the past, the financial policies of many countries in respect of offshore companies, RAKFTZ offers a high level of confidentiality and anonymity of your business, thanks to a stable and sustainable policy of the UAE. Today UAE has not concluded agreements with other countries, including Russia on the disclosure of confidential information in respect of an offshore jurisdiction, so thousands of investors and business are re-registering their companies from other jurisdictions in the RAKFTZ UAE.

Over the past 10 years, more than 6,000 small and medium-sized enterprises, investors and companies have chosen RAKFTZ as a place to start a business in the UAE and the Middle East.

Key benefits & limitations of IBC company incorporation:

 100% foreign ownership of company

 Ensuring privacy of property ownership

 At the end abbreviated «Incorporated (Inc)» or «Limited (Ltd)»

 The company may carry on business in all countries of the world except the United Arab Emirates

 No taxes,

 No auditors report

 One stop shop for registration services

 Registration time is about 2 working days

 The highest degree of confidentiality

 Bank account

 Certificate of Incorporation and other incorporation documents of the company

 The company can operate with a single director and shareholder

 No limitation & conditions of the Shareholders and directors of the IBC

 Minimum 1 shareholder required

 The maximum number of Directors is 7.

 The minimum share capital - 1

 Allowed registration of the company with a corporate shareholder.

 Prohibited activities: Banking, insurance, investments on behalf of third parties, to conduct any activity prohibited by UAE Law.

 Require an annual renewal

 For more information contact with us & get free consultation.

Read 2343 times Last modified on Friday, 01 March 2013 00:24
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Faic Dubai, Unit № 605-4, BB1 Tower, Level 6 - Mazaya Business Avenue, Diamond Business Center DMCC ("DBC"), Jumeirah Lakes Towers, Dubai, UAE

Mail: info@faicdubai.com