FAZAK The Owner's Choice
FAZAK The Owner's Choice

We offer comprehensive services that help you make informed decisions and achieve your financial goals.

Office Address

Level 25, Office 2503-7, Aspin Commercial Tower, Sheikh Zayed Road, Near Financial Centre Metro Station, Dubai, UAE.

Phone Number

+971 56 586 5728

+971 54 721 1373

+971 55 10 30 925

Email Address

info@fazakcs.com

FAZAK The Owner's Choice

Offshore

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  • 100% Foreign Ownership
  • Minimum Taxes
  • Repatriation Privileges

UAE Offshore Business Setup

Why Choose a Offshore for Your Business?

Establishing an offshore company in the United Arab Emirates (UAE) offers numerous advantages, including tax benefits, asset protection, and enhanced confidentiality. The UAE provides several jurisdictions for offshore company formation, each with its own regulations and benefits.

Key Offshore Jurisdictions in the UAE:

1. Ras Al Khaimah International Corporate Centre (RAK ICC):

  • RAK ICC is a popular choice for offshore company formation due to its streamlined processes and cost-effectiveness.
  • Companies registered here can own property in designated areas and open bank accounts within the UAE.
  • RAK ICC offers a high level of confidentiality and does not require the physical presence of shareholders during incorporation.

2. Jebel Ali Free Zone Authority (JAFZA):

  • JAFZA offshore companies are permitted to own property in Dubai, including in freehold areas.
  • This jurisdiction is well-regarded for its robust regulatory framework and strategic location near the Jebel Ali Port.
  • JAFZA requires the appointment of a registered agent and mandates that company records be maintained within the UAE.

Benefits of Setting Up an Offshore Company in the UAE:


Asset Protection: Holding assets through an offshore entity can provide a layer of protection against legal disputes or financial liabilities.

Confidentiality: The UAE offers stringent confidentiality provisions, ensuring that the details of shareholders and directors are not publicly disclosed.

Ease of Incorporation: The incorporation process is straightforward, with minimal requirements and no mandatory physical office space.

UAE, Offshore

Steps to Establish an Offshore Company in the UAE:

1

Choose a Jurisdiction:


2

Appoint a Registered Agent:

3

Submit Required Documentation:

4

Draft Memorandum and Articles of Association:

5

Obtain Certificate of Incorporation:

6

Open a Bank Account:


Considerations:

1. Business Activities: Offshore companies are restricted from conducting business within the UAE domestic market but can engage in international trade, hold assets, and manage investments.

2. No Visa Eligibility: Offshore company formation does not provide eligibility for residency visas in the UAE.

3. Compliance Requirements: While regulatory obligations are minimal, maintaining proper records and adhering to international compliance standards is essential.

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