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Dubai provides banking privacy, which is better than Switzerland, and a lifestyle which is better than Monte Carlo and it has become the new playground of the rich and famous. Property development of staggering proportions such as The Palm, two man made islands, which will house 80 hotels and several thousand residential units, have made Dubai THE location for the high net worth individuals to live and work and for ALL individuals to locate their offshore assets...
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Property development of staggering proportions such as The Palm, two man made islands, which will house 80 hotels and several thousand residential units, have made Dubai THE location for the high net worth individuals to live and work and for ALL individuals to locate their offshore assets.
Most importantly, there are no taxes of any kind on onshore or offshore activities! It is not a ?tax haven' but a country with no taxes!
Dubai's key offshore benefits are;
? No taxes of any sort and no tax department
? No filing of accounts
? No taxation information exchange agreements and other countries
? No public record of directors and shareholders
? Highly flexible and confidential banking system geared to the requirements of high net worth international investors
? Strong legislation which protects the confidentiality of investors
In summary, Dubai represents the offshore solution for the 21st Century!
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