https://www.varaluae.com/offshore-company-formation-dubai/ Offshore company formation Dubai: Considerations when looking for a location for your offshore company 5 Key questions: 1. How do you use an offshore company formation in Dubai to keep your wealth confidential? If you have wealth or income, which you would like to be kept confidential then an offshore company formation in Dubai, UAE or in Ras Al Khaimah, UAE is a safe option to take. The UAE is not a signatory to any treaty of disclosures or information exchange agreements. This means that no investment, trade, shares or client information needs to be divulged. You can register an offshore company and open its bank account in Dubai. The advantage of this structure is that you then have your assets owned by your offshore company for as long as you wish. All public records will show that your wealth is owned not by you but by a company, which only you know that you own. For added confidentiality, you can choose someone else as your nominee shareholder and have this nominee give you a power of attorney. The benefit of this is it allows you to manage the bank account and the company without your name on it. The process is simple and confidential and can be completed in no time at all. Your presence in the branch of your chosen bank is required only for a day. Thereafter you can manage your business via the internet. You can choose from 3 offshore company formation jurisdiction options: Offshore company formation Dubai Offshore company formation Ras Al Khaimah Offshore company formation Ajman Ras Al Khaimah is only 90 minutes away from Dubai. The company registrars are not legally obligated to reveal any information to anyone, even government structures, except the authorized signatory. Banks adhere to this rule as well. 2. Why should you feel that forming and operating an offshore company in Dubai or in Ras Al Khaimah is more discreet than other places in the world? How does Dubai differ from countries like Gibraltar, Singapore, Mauritius, Seychelles, Belize, Hong Kong, Panama or the island of Cyprus? About 57 million passengers traveled to Dubai in 2012 alone so your visits to Dubai will attract no attention. This is because unlike most offshore tax havens, offshore company registration is not the main business in Dubai or Ras Al Khaimah. Scores of global tourists visit the shores of Dubai from foreign countries for all that is on offer. Dubai is also the thriving business hub of the entire Middle Eastern region. Dubai is the financial home to many active, legitimate international businesses and corporations. 3. How does Dubai and Ras Al Khaimah make it attractive for you to keep your wealth confidential? There is no public record of an offshore company’s corporate directors or shareholders in Dubai or Ras Al Khaimah. They are not required to disclose any information to any authority.