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Seychelles general information

Seychelles: general information

Presentation of general information about the Seychelles, peculiarities of the historical, political and economic development, investment environment, business industry and set of financial instruments as well as international reputation of the jurisdiction

Seychelles general information
Why to choose Seychelles?

Why to choose Seychelles?

Detailed research of features and advantages of all business companies types which could be incorporated within the jurisdiction of the Seychelles

Why to choose Seychelles
Seychelles: IBC & CSL

Seychelles: IBC & CSL

The brochure is devoted to research registration process, capabilities, tax rates and application practice in business environment of Seychelles IBC and CSL.

Why to choose Seychelles
Seychelles: Foundations, Trusts, Limited Partnerships

Seychelles:
Foundations, Trusts, Limited Partnerships

The brochure deepen in the essence of the next types of Seychelles entities such as foundations, trusts and limited partnerships which are considered suitable vehicles for international tax planning, assets protection and other financial activities.

Why to choose Seychelles
Seychelles: Cooperation between companies

Seychelles:
Cooperation between companies and banks

The brochure provides considering relationships between banks and entities that is a natural extension of opening an entity in the Seychelles.

Why to choose Seychelles
Seychelles: frequently asked questions

Seychelles:
frequently asked questions

The brochure summarizes the survey about Seychelles offshore and answers some frequently asked questions, which arise when acquainting with the Seychelles jurisdiction.

Why to choose Seychelles
UNITED KINGDOM: OVERALL REVIEW

UNITED KINGDOM: OVERALL REVIEW

In this brochure, examples of practical use of an LTD are examined eg provided detailed information on a business purposes as using an LTD as company receiving dividends, holding company and nominee or agent. Another one issue is to study complex guidance how to rule an LTD and LLP.

UNITED KINGDOM: OVERALL REVIEW
UNITED KINGDOM: LTD & LLP (part 1)

UNITED KINGDOM: LTD & LLP (part 1)

This brochure presents an information about tax rates and tax residence status in the UK. In addition, it is studying the details of the most demanded business structures, particularly Private Company Limited by shares (LTD) and Limited Liability Partnership (LLP)

UNITED KINGDOM: LTD & LLP (part 1)
UNITED KINGDOM: LTD & LLP (part 2)

UNITED KINGDOM: LTD & LLP (part 2)

In this brochure, examples of practical use of an LTD are examined eg provided detailed information on a business purposes as using an LTD as company receiving dividends, holding company and nominee or agent. Another one issue is to study complex guidance how to rule an LTD and LLP.

UNITED KINGDOM: LTD & LLP (part 2)
Public Limited Company

Public Limited Company

In this brochure, the leading experts of our company provide answers on the most popular questions related to this business structure. There is an excellent possibility to fill up your knowledge by information about doing business with the help of Public Limited Companies, receive an explanation on the rules how to sell the company's shares on the stock market and other advantages.

Public Limited Company
Scotland: WHY NOT?

Scotland: WHY NOT?

This brochure fulfilled the UK jurisdiction series with Scottish business structures. All the requirements, practice of application, advantages, main differences between the UK LLP and Scottish LP and other issues are examined in this survey.

Scotland: WHY NOT?
Hong Kong: Comprehensive Review

Hong Kong: Comprehensive Review

This brochure dedicated to inform about business atmosphere and business facilities in the studied jurisdiction, explain the reasons of popularity of Hong Kong entities for tax-optimisation purposes. Familiarity with this brochure is the first step on a way to the possibility of carrying on successful business in stable economic conditions of Asian region with maximum benefits.

Hong Kong: Comprehensive Review
Hong Kong: Choosing Business Vehicles

Hong Kong: Choosing Business Vehicles

The present research concerns the most popular forms of business organization in Hong Kong, as well as the basic rules of their use for the purposes of breaking down the tax burden. The brochure contains a number of clarifications regarding the demand for offshore structures in Hong Kong, a minimum set of requirements for the establishment and registration procedures.

Hong Kong: Comprehensive Review
Hong Kong: Frequently Asked Questions

Hong Kong: Frequently Asked Questions

This brochure summarizes the research concerning the reasons of popularity, business opportunities, tax rates, companies and partnerships in Hong Kong. This is an interview where our manager answers frequently asked questions, appeared during the time of studying the Hong Kong jurisdiction.

Frequently Asked Questions
Business Purposes: Regular Practice

Business Purposes: Regular Practice

The brochure says on corporate and classical targets of Hong Kong enterprises, provides examples of practical use of the enterprises established in Hong Kong. Here we specify the long-term and short-term goals of business structuring, as well as the use of Hong Kong enterprises to operate as a trading company, the company, opening a representative office in China and a holding company, which owns the rights to ownership of the company in China.

Business Purposes: Regular Practice
UnitedKingdomOverallReviewBrochurePopup
HongKongOverallReviewBrochurePopup

Dubai Offshore as opposed to RAK Offshore

October 21, 2016

The United Arab Emirates have become extremely attractive for doing business nowadays. There are several Free Economic Zones in the UAE. They offer multiple benefits to individuals and corporations looking for privacy and tax-free opportunities.

Ras Al Khaimah (RAK Offshore), subordinate to RAKIA – Ras Al Khaimah Investment Authority and Dubai subject to the general jurisdiction of JAFZA – Jebel Ali Free Zone Authority are the two offshore jurisdictions in the UAE.

The seven Emirates offer thirty-eight free economic zones; twenty-two of them are in Dubai. A separate Free Trade Zone Authority manages every zone servicing various business sectors and activities.

JAFZA is one of the free zones, which appeared first in the UAE in 1985. It developed around the Jebel Ali Port, not far from Dubai. The initial aim of such a zone was to stimulate trade, economic growth, and direct investments from abroad. JAFZA provided foreign investors with the opportunity to avoid the red tape, a characteristic feature of international trade and fiscal services. It attracted entrepreneurs from other countries to do business in Dubai.

Later in 2003 Dubai offshore entities were enacted under JAFZA. It created secure business conditions for the investors from abroad, providing the latter with confidentiality and freedom to conduct international commercial operations. Since that time JAFZA played the leading role in Dubai’s growth as a business center. The expansive free trade area attracted lots of business activities from all over the world.

RAK Offshore, established as a free economic zone only in 2006 is governed by RAKIA. For 10 years already this financial center has been the main destination for foreign investors, both individuals and companies. This area offers easy incorporation procedures, flexibility and low costs.

Just in the first year after getting the status of a free zone, the jurisdiction attracted about 2000 IBCs – International Business Companies. They mostly provided such financial services as protection of the assets and real estate holding. In a bit less than 10 years Ras Al Khaimah has gained a foothold on the market of the offshore company creation not only in Dubai but in the whole United Arab Emirates. The jurisdiction offers the foreign investors attractive business opportunities along with flexible regulations.

Both UAE jurisdictions mentioned above offer similar services to the entrepreneurs and offer them the following advantages:

  • Reduced tax rates
  • Little reporting requirements
  • Minimum requirements as to the capital
  • No public register
  • Strict confidential policies

Still, there are a few important differences between these two zones. To register a company in Dubai, the director must be present and sign the legal entity formation documents in person. RAK has more relaxed regulations and requires fewer fees. The director can set up a company in RAK remotely, alone (not in two) and be a corporate entity.

As it was already mentioned, RAK has conquered the offshore company formation market. Even the queries as to company incorporation in Dubai frequently lead one to RAK registration services. It’s just one more proof of RAK IBCs dominance within the offshore economic zone in the Middle East.

Nowadays only a few companies offer JAFZA offshore services.  RAK is more openly preferred, being already the premier offshore destination in the UAE. Many companies also offer high-class RAK offshore services disguised as Dubai offshore services, notwithstanding the fact that Dubai and RAK are completely different jurisdictions.

Though some confusion is possible as to the two jurisdictions mentioned, RAK is definitely the dominion for international offshore services in Dubai as well as in the whole UAE. Ras Al Khaimah is rapidly gaining the leading position in the offshore companies’ formation market.

Contact us to get more details about the benefits of creation a RAK International Business Company in the United Arab Emirates.

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