Advantages of offshore companies 1. Privacy. 2. Asset protection. 3. Reduced tax liability. 4. Protection against lawsuits. 5. Flexible business laws. 6. Ease of operation. 7.Confidentiality.
When you follow the rules, offshore banking is perfectly legal, and it gives you the means to better protect your assets against economic and government turmoil while giving you a higher level of currency diversification and financial strength
An offshore company is one that is incorporated in a jurisdiction other than the jurisdiction that constitutes its main place of operations or where the company's principal investors reside. In a broader sense, offshore simply means a jurisdiction other than your own
The RAK ICC Offshore is a government-owned corporate body that is positioned in the Emirate of Ras-Al-Khaimah. Offshore RAK company is an independent overseas territory for investors, with its set of guidelines and authority named RAK Investment Authority (RAKIA).
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