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Offshore company setup in Dubai refers to the process of establishing a business entity in a free zone or special economic zone in the Emirate of Dubai. These zones offer numerous advantages and incentives to attract foreign investors and businesses.One of the key benefits of setting up an offshore company in Dubai is the favorable tax regime. Offshore companies enjoy tax exemption on corporate income tax, personal income tax, and capital gains tax for a specified period. This allows businesses to maximize their profits and allocate resources more efficiently. Additionally, there are no withholding taxes on dividends, interest, or royalties.
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