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Offshore company setup

An offshore company is a legal entity incorporated with the intention of operating and executing business outside the UAE.

What is an offshore license?

Offshore companies are permitted to open a bank account in the UAE, however, they cannot issue visas under the company or have a physical office within the UAE.
Offshore licenses are typically used as holding companies and are mainly incorporated for the purposes of executing, managing and operating in foreign countries with financial, legal and tax benefits. Offshore companies such as JAFZA and RAKICC can own real estate in the UAE.

Advantages of an offshore company setup in Dubai

  • Low startup cost
  • Speedy incorporation process
  • 100% tax free
  • 100% foreign ownership permitted
  • No paid-up share capital or audit requirement
  • Multiple bank accounts

Offshore license types

Trading license

Professional license

Offshore company setup process

01.

Choosing your business activity

Our team of company formation specialists will ensure you choose the right jurisdiction and business activity when setting up your company. We advise you on the most economical and suitable options.

02.

Finalising your company name

At Registrations.ae, our team of experts can secure the company name availability and registration. If the company name is not available, we’ll advise you on suitable alternatives.

03.

Completing your incorporation paperwork

Your dedicated company formation specialist will ensure you complete the license application process – quickly and hassle-free.

04.

Issuing of your license

Once your license is issued, you will be notified and provided with the scanned license documents. Our team will schedule the documents for collection or delivery depending on your availability.

05.

Opening your company’s bank account

At Registrations.ae, we have an expansive network of banking experts who will assist you in opening a corporate bank account.

Offshore company setup exceptions

An offshore company is a legal entity incorporated with the intention of operating and executing business outside of the UAE. Offshore companies are permitted to open a bank account in the UAE, however, please note that they are not able to issue visas under the company or have a physical office within the UAE.

Get in touch with us

Office No 2015, Level 20, The Burjuman Business Tower, Al Mankhool, Dubai, UAE

+971 50 932 1257
+971 50 388 1259

 

[email protected]

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