Start your own business in UAE from AED 4,999
Offshore Company Formation
Unique features of offshore company formation in UAE
Scope and scale
A company can be established offshore, that is away from the UAE mainland and not in a free zone. You could establish an offshore company in RAK Offshore (officially the Ras Al Khaimah International Corporate Centre or RAK ICC), which is a Company Registry containing details of offshore companies; or overseas. The British Virgin Islands, Cayman Islands, and Mauritius also offer excellent venues An offshore company is a legal business that is established with the intention of operating outside its registered jurisdiction or location of ownership. In the majority of cases, offshore
companies do not need to occupy physical office space, but in turn, cannot undertake extensive any business activities in the country of its origin. when setting up your offshore company.
Offshore companies can be created and owned by individuals or institutions, and shares can be easily and freely transferred by a written instrument.
Offshore company formation in UAE is a fast-growing sector of new business set up in the country. It is typically built with provisions to minimise or eliminate taxes associated with property sales, capital gains, value-added tax (VAT), death duties, and profits on business earnings.
For investors looking at offshore company registration in the UAE, favored considerations include the ability to create or maintain wealth, hold or protect property and other assets, and offer international trading, contracting and consulting services from a single location.
Benefits of Offshore Company Formation in UAE is an assurance of confidentiality over ownership and related financial affairs.
Registering an offshore company in UAE spells out several business benefits:
Incorporation of offshore companies is relatively easy, quick, and simplified, and we often complete the process in a few days.
Benifits of Offshore Company in UAE
Another localised advantage is related to realty. Some property developers in the UAE allow up to four owners for the purchase of a single property such as a villa, an office or an apartment. In the case of an offshore company, the number of such property owners can be extended up to 50, with ownership registered to the offshore company.
Choice of jurisdiction
List of Top Offshore Companies in UAE:
Both permit 100% foreign ownership, and are tax free jurisdictions that levy no income tax or corporate tax. The UAE has negotiated Avoidance of Double Taxation Treaty Agreements (DTTAs) with more than 110 countries.
All offshore companies in UAE can open multi-currency accounts in the country and carry out business internationally.
We are registered and reliable agents for offshore company formation in the UAE, and we continue to serve clients from all parts of the world. Complementing our many years of experience is a distinguished team of in-house lawyers, accountants, auditors and management consultants who work closely together with every client.
We offer end-to-end services for offshore company formation in the UAE, and administration thereof. These services include corporate and business documentation, opening of bank accounts, and the provision of directors, company secretary and nominee shareholders as required. Working on your behalf, we will also liaise with all concerned authorities.
Most importantly, we will guide you through every stage of offshore company registration in UAE, including choosing and registering a name, conducting and collecting due diligence, and arranging reference letters.
In most instances, we will not require your physical presence to open your offshore company.
Offshore companies in UAE are not subject to any registration conditions with regard to the leasing of premises, provision of guarantees or employment of staff. However, should you require it, we can arrange for your business to be conducted and all communications to be maintained through our registered and approved firm.