Company Formation
Offshore
An offshore company is mainly used as an investment vehicle and is popular among individuals and corporates looking to own special purpose vehicles of their investment purposes. This term offshore company simply denotes a business of the firm that is possessed and controlled from a foreign country. An offshore company works as a corporate entity that is allowed to trade, hold assets and conduct normal business activities legally outside of the jurisdiction where it is incorporated. This enables comfortable handling of business, provides ability to work in the international markets without thinking about taxes, fees, and at the same time, it is automatically taking advantage of the tax systems of other countries.
Gpaduae is one of the leading Audit firms in Dubai / Abu Dhabi / Sharjah / Ras Al Khaimah /Ajman in UAE & across Middle East.
Our firm is well equipped and well experienced in Statutory Audit and we perform it
By combining the use of human intellect and technology, our objective is to provide the management with business insights in a concise manner so as to better manage their key performance indicators and add value to the businesses.
Although, having your annual financial statements statutorily audited as per IFRS in UAE may not be mandatory, Federal Law No (2) of 2015 on Commercial Companies in the UAE and some of the Free Zones in UAE require Companies to have their accounts audited as per IFRSs. Furthermore, with the everchanging global regulatory landscape and the introduction of VAT in UAE effective from 1 January 2018, we strongly advice our clients to have their books of accounts audited as per IFRS.