5 Reasons to Seek the Services of an Offshore Business Consultant

Posted by Jumeira Consultants on June 8th, 2017

Business expansion is a way of consolidating your roots in the business world. When planning to do so, it is essential to look for a location that is apt for this expansion and is profitable in every sense. Among numerous global destinations, Dubai is one of the best locations for business expansion.

This is because it allows different types of business formation multiple benefits like the Offshore Company Setup allows 100% repatriation of taxes, the LLC which allows the investor to hold properties in the UAE. But, to ensure successful incorporation, one should consider seeking the services of a business consultant because of the following reasons.

• Overcome the language barrier

The first and the foremost problem, which one might face when considering a business setup in Dubai, with is the language. Arabic is the official language of all the six emirates of the UAE. Even though a lot of officials can communicate very well in English, the rules and regulations and some of the basic instruction are written in Arabic, which is one of the toughest languages in the world.

So, either you learn Arabic or instead simply seek the services of an offshore business consultant. The consultant would be fluent in both English and Arabic, so you can be sure that you are getting the correct translation of the rules and regulation.

• Appropriate for any business size

The services of the business consultant are ideal for every business size. It is a common myth that such services are ideal for the multi-national companies that have a complex procedure and multiple levels of approvals and operations.  

However, this is an absolutely wrong notion as by seeking the services of the consultant, you streamline the Offshore Company Incorporation process. So, the company size of irrespective in this case.  The consultant would ensure that all the eligibility criterion are met by the business that you are willing to setup in Dubai.

• Proper guidance

The company incorporation of every type of company in Dubai and the UAE is regulated by stringent laws. So, a slight miss in managing the documents and applications required for the incorporation can lead to cancellation of the whole process.

For example, the Offshore Company in Dubai cannot conduct its business in the fields of insurance, banking. Also, the business name should end with LIMITED, LTD, Ltd or limited. There are numerous another minuscule yet important things are to be kept in place to ensure quick company incorporation. The business consultant guides you through this process and ensures that you have all the documents in place.

• Easy incorporation

Incorporating an Offshore Company in Dubai is easy if you adhere to the rules and regulation that are laid down by the government. But, being an outsider it can be difficult to adhere to all the rules and regulations, this is where you consultant proves to be the help. He or she ensures that the documents are verified by all the concerned authorities and ministries.

• High confidentiality

When setting up the business, one would need to declare a lot of personal as well as professional information about him or her. So, a high level of confidentiality is to be maintained to ensure absolute secrecy. The consultant ensures that this high level of confidentiality is maintained.