• The Pros And Cons Of An Offshore License In UAE
    Business Services

    The Pros And Cons Of An Offshore License In UAE

    UAE is a popular destination for offshore company formation, with many businesses seeking to take advantage of the country‚Äôs tax-friendly environment and excellent infrastructure. One of the most popular options for offshore company formation is obtaining an offshore license in UAE. While there are several advantages to getting an offshore license, there are also some drawbacks that businesses need to consider before making a decision. Pros of getting an offshore license in UAE Tax benefits: One of the biggest advantages of obtaining an offshore license in the UAE is the tax benefits. Offshore companies are not subject to corporate tax, income tax, or value-added tax (VAT). This can result in…

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