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What to Consider when Opening an Offshore company in UAE

Offshore company in Dubai, UAE

Offshore company in Dubai, UAE

There are three possible types of offshore companies in Dubai (effectively only one type is in Dubai and two other ones are in the other Emirate of UAE- Emirate Ras Al Khaimah:

 

Offshore companies in RAKFTZ, Dubai, UAE (RAK IBC company) – such offshore company is effectively registered in RAK Free Trade Zone, UAE which is located about 1 hour from Dubai.


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Costs to Open an Offshore Company in Dubai, UAE

Our best price for formation incorporation of the offshore company in Dubai UAE

The UAE offshore company is low-cost and effective solution for international business which you can buy in our Dubai office. As the registered agent for the UAE offshore companies with the office in Dubai we provide the transparent and clear costs / pricing for the incorporation of such UAE offshore companies and our price / incorporation fees are one of the best prices on the market combined with the high quality of the services and short incorporation time.


Costs to Open an Offshore Company in Dubai, UAE › Read more

Offshore & Onshore Companies in Dubai, UAE

Information about offshore schemes

For the owner of an onshore or offshore company in Dubai, UAE, there is a wide array of business opportunities available. First of all, it is worth paying attention to such an aspect as effective tax planning and tax payments optimization. Let’s take a closer look at the opportunities and benefits that onshore and offshore legal entities in United Arab Emirates provide. We also enlighten on how to utilize your company in United Arab Emirates with the maximum efficiency and profitability and also what offshore scheme are available when building your business.


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Steps to proceed with the incorporation of UAE offshore company, Dubai

STEP 1.

Send us the copies of the required documents per e-mail to proceed with the offshore company incorporation in Dubai.

 Steps to proceed with the incorporation of UAE offshore company, Dubai

The required information and documents:

  • 3 versions of preferred offshore company name in Dubai. You can generate your company name using our company names generator.
  • Short description of company's activities.
  • Your contact details

Steps to proceed with the incorporation of UAE offshore company, Dubai › Read more

Common Characteristics of Offshore Companies

The common characteristics of all 3 types of UAE offshore companies (in Dubai and Ras Al Khaimah):

  • 100% foreign ownership of offshore companies in UAE
  • UAE shareholder or sponsor is not required for company establishment.
  • 100% tax exemption on all corporate and income taxes
  • The minimum number of shareholders and directors - one.
  • There is no public registry of the company shareholders and directors
  • Opening a corporate bank account in a bank at Dubai, UAE is permitted.
  • The Offshore e domicile is in UAE.
  • Company can have accounts different currencies in the banks in UAE
  • Full repatriation of the offshore company profits and capital is allowed.
  • There are no foreign currency restrictions.
  • Cost – effective with the only minimum share capital required
  • Offshore company is fast to establish and easy to administrate

Additional characteristics of Dubai JAFZA Offshore companies

On top of the characteristics above the offshore company established in JAFZA is permitted to hold residential and commercial properties in Dubai on its name whereby the offshore companies established in Ras Al Khaimah can not hold any properties in Dubai. Thus the offshore companies in Jafza are used in most of the cases for real estate holdings in Dubai.

The offshore companies in UAE are used for:

  • Asset protection
  • Tax optimization
  • Confidentiality of shareholders

Samples on the practical implementation of offshore companies in Dubai

  • Investments company
  • Trading company
  • International Services entity
  • Professional services
  • Holding Company
  • Shipping or Ship Management Company
  • Property Ownership entity
  • Copyright or Patent holding
  • Ship management company

The cost-effective Offshore company established in Dubai (JAFZA) and/ or RAK FTZ or RAKIA gives you the possibility to run your business in the cost-efficient manner with no taxes and in the established legal environment whereby, as the additional advantage, is the fact that the United Arab Emirates is not considered as the Tax Heaven thus is the safe, efficient and beneficial place for offshore companies incorporation.

The registered agent for the UAE offshore company is required to be appointed from the registered agents list in the respective Free Trade Zone of the United Arab Emirates.

The registered agent for UAE offshore entity formation is required to establish as well as to provide registered address and company renewals.

We provide the services of offshore companies establishment / incorporation in UAE - RAKFTZ, RAKIA, JAFZA as well as offshore companies administration services and bank accounts openings.

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