Analysing the implementation of new taxation policies and automatic exchange of information among other major global offshore jurisdiction centers as well as economies creating hike demand for UAE offshore companies. As per the market research there will a drastic trend go on in the offshore industry and choosing the offshore jurisdiction. Studies reveal that offshore company structures are emerging tremendously, embracing better regulation, more transparency and a higher degree of professionalism.
Offshore companies are playing a vital role in the global financial supply chain, comprises of asset management, international trade, wealth management etc. Developing economies, including Africa, Asia, Middle East and Latin are now a days tremendously using offshore entities for asset protection and wealth management in individual level
Survey studies found that the Middle East will be preferable offshore jurisdiction locations in coming future. UAE offshore jurisdictions ratings are recently increasing among other jurisdictions like Hong Kong, BVI, China, UK and Singapore. There is a hike utilization of a wide range of legitimate wealth protection strategies by the individuals & families in the Middle East and outstanding growth performance of UAE among the global financial and trade center is the key driving force to choose the investors, UAE as their preferable offshore location.
Increased regulatory and compliance standards like Foreign Account Tax Compliance Act (FATCA), Taxation Policies and Automatic Exchange of Financial Account Information among the nations have had a significant impact, with demand switching among offshore jurisdictions.
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