Tax evidence through UAE offshore license

Offshore companies are usually prohibited from conducting business or retaining employees in their jurisdiction of incorporation. 

The biggest offshore licensing authority in the UAE is Jebel Ali Offshore, which implements tight audit regulations. He said, a lot of investors use the channel to evade tax in their country.

Offshore companies organise assets and transactions in such a way that assets are shielded from future liabilities. “Moreover, an offshore company could form another entity to shield its assets and liabilities.

Offshore companies could carry out transactions in the name of a private company, the name of the underlying principal may be kept out of documentation