Importance of Hiring a Business Consultancy Firm to Set up Offshore Offices

Posted by Jumeira Consultants on April 26th, 2017

If you are an entrepreneur who wants to establish and expand his business, then the best method would be to open offices in offshore locations. The International presence of a company automatically raises the valuation of the business organization. In other words, if you open branches of your office on foreign locations, then the brand value of your company is bound to increase. However, selecting a suitable location for opening a branch of your company is of fundamental importance. A suitable location of your offshore office can improve the credibility, goodwill, and overall reputation of your firm.

Offshore Office Locations

Many entrepreneurs prefer to locate their offshore offices in places like Ajman and United Arab Emirates (UAE). This region of the Middle East has seen extensive development in the past few years. With the growing popularity of this part of the world amongst tourists and extensive investments by the governments of this region in developing the infrastructural facilities, UAE has established itself as an international commercial hub.

Advantages of Opening Offshore Office in UAE

Being an international commercial and industrial hub, UAE offers a number of facilities to foreign investors. UAE offers foreign investors numerous tax exemptions, provided they meet the region’s basic business protocols. For an offshore company formation in UAE, you will need to acquire the requisite permissions and also adhere to the legal system of the region. The business policies in UAE and Ajman are also quite relaxed, making these regions true havens for opening offshore offices.

However, it is better that you hire the services of a renowned business consultancy firm before you actually open an offshore office in UAE. This will ensure that your rights are protected and you do not enter into any legal hassle with the governing bodies of the UAE.

Hiring the Services of a Business Consultancy Service Provider

A business consultancy service provider, which has been aiding companies to open offshore offices in UAE will provide you with the following services:

• For an offshore business setup in Ajman, the consultancy firm will help you procure all the legal documents. This will make it easier for you to open the offshore office, as you can be assured that all the legal papers will be in order.
  
  
• The company will also provide you with the accounting services, with regard to the taxes to be paid, payroll services and other money related issues that need to be clarified, before you can open an offshore office.
  
  
• Each dominion within the UAE has specific laws and jurisdiction. The consultancy firm will help you understand these laws and provide you with all the support required to open an offshore office in the UAE.

Thus, if you are looking for opportunities to open an offshore office in the UAE, then the best method would be to hire the services of a renowned business consultancy firm and then proceed as per the advice of the company management.