Companies operating in Dubai must adhere to the Accounting Standards. Even if there is no federal income or wage tax, a trustworthy accounting system must be established. To produce reliable information and analysis needed for strategic decision-making, you must adhere to standard accounting procedures. Accounting statements should be accurate since they give a true and fair picture of your business. Filing audited financial statements comes with extra procedures. Accounts must be held by shareholders as well.

• 100% Foreign Ownership: These companies allow investors to become the ultimate owners.
• No taxation Policy: Zero taxes captivate many investors to start an Ajman Offshore Company
• Robust Registration Process: The first and foremost benefit companies can get is the quick, transparent and simple incorporation process. The entire process takes 2 to 3 working days. Further, it involves the least time for company formation and is cost-effective.
• Low barriers to entry: Just as the business startup is relatively easy, there are no strict regulations that prohibit entry. The non-requirement for paid-up share capital and auditing & bookkeeping makes it a lucrative option for business setup in Dubai.
• Multiple bank accounts: Such companies can open or maintain bank accounts in the UAE or worldwide in multiple currencies.
• Shares in Local Companies: An Offshore Company can hold stock of UAE Freezone Companies and LLCs.
• 100% repatriation of profits: Offshore Companies can take their profits to their own country and enjoy their fortune.
• Right to own property: Such firms are not restricted to own property anywhere in the UAE.