An Offshore Entity is often used to make Investments and accumulate wealth, invest in stocks, shares, property or commodities. An offshore entity does not have to pay tax on its profits, nor does it have to pay inheritance tax when it is passed on to heirs. There is no minimum capital required and also no need to set up an actual office space.
Offshore License in UAE is the standard licensing option issued by UAE authorities for companies to set up business in Dubai, UAE offshore zone. ... For Offshore license, the name of the company must end with “LTD” only and must not pursue with listed business activities: Banking, Insurance, and Reinsurance