Offshore companies are permitted to open a bank account in the UAE, however, they cannot issue work visas or have a physical office within the country.
Offshore Company Setup in Dubai
Offshore licenses are typically used as holding companies and are mainly incorporated for operations in foreign countries with financial, legal and tax benefit purposes. Offshore companies under free zones such as JAFZA and RAKICC can own real estate in the UAE.
Advantages of Offshore Company Setup
Global Business Solutions
Confidential and secure offshore company formation
Key Features
Given below are the key features of an offshore company in the UAE:
Shareholders
A minimum of one shareholder is required and corporate shareholders are permitted. International corporate shareholders are required to have company documents attested.
Directors
Offshore companies require at least one director who can be of any nationality.
Secretary
A company secretary may be required depending on the jurisdiction.
Share Capital
There's typically no minimum capital requirement for offshore companies.
Annual Reporting
Minimal reporting requirements with no need for audited financial statements in most cases.
Process for Offshore License
Choose business activity
Determine the business activities that best align with your offshore company needs.
Finalize company name & documentation
Choose your company name and complete the required incorporation paperwork.
License issuance
Receive your offshore license and company incorporation documents.
Open company bank account
Set up banking facilities for your offshore company with our assistance.
Why Choose Our Offshore Setup Service:
Expert knowledge of various offshore jurisdictions
Confidential and secure company formation process
Assistance with bank account opening
Ongoing compliance and administration support
Strategic tax planning advice and implementation
Competitive and transparent pricing structure
Popular Offshore Jurisdictions in UAE:
JAFZA Offshore
Jebel Ali Free Zone Authority offshore companies can own real estate in the UAE and are highly respected internationally.
RAKICC
Ras Al Khaimah International Corporate Centre offers cost-effective offshore solutions with excellent privacy protections.
IFZA
International Free Zone Authority provides modern offshore solutions with superior customer service.
Book a Consultation
Get expert advice for your offshore business setup
We are always ready
