Offshore Company Setup

Offshore company setup in UAE is an ideal solution for entrepreneurs and businesses seeking asset protection, tax efficiency, and international market reach. With minimal operational requirements and robust privacy laws, setting up an offshore company in the UAE provides unparalleled benefits.

What is an Offshore Company in UAE?

An offshore company is a legal entity established outside the investor’s home country but within a jurisdiction that offers business-friendly regulations. Offshore companies in the UAE are primarily designed for international trade, asset management, and investment holding.

Step-by-Step Guide for Offshore Company Setup in UAE

1.Choose a Jurisdiction

Select from leading offshore jurisdictions in the UAE, such as:

Jebel Ali Free Zone (JAFZA) Offshore.
Ras Al Khaimah International Corporate Centre (RAK ICC).

2. Determine Business Activities

Identify your company’s purpose, such as asset holding, investment management, or international trade.

3. Submit Required Documents

Prepare and submit the following documents:

Passport copies of shareholders.
Proof of address.
Bank reference letter.
Memorandum and Articles of Association (MOA).

4. Register Your Company

Complete the registration process with the chosen offshore authority.

5. Open a Corporate Bank Account

IBS Business Services assists in opening an offshore bank account to support your global business operations.

Difference Between Offshore, Mainland, and Free Zone Companies in UAE

The UAE offers three main jurisdictions for company formation: mainland, offshore, and free zones. Each has unique geographical restrictions, with mainland businesses free to operate throughout Dubai, free zones confining operations to specific areas, and offshore companies allowing business activities outside the UAE. At IBS Business Services, we help you understand the differences and benefits of each jurisdiction, guide you to the best option, handle the entire company formation process with ease, and ensure a smooth setup from start to finish.

Main Features of Offshore Company Registration

Flexibility to have a non-UAE, UAE, or corporate resident, as the business director or shareholder
Opportunity to maintain UAE or worldwide deposits and bank accounts
No obligation to maintain books and records for the company
No need for the shareholder/owner to be physically available in the UAE for company incorporation
No physical office requirement in UAE
No need to operate or conduct business activities within the UAE
No compulsion to obtain a UAE residency visa
With prior authorization from RAK Investment Authority, flexibility to own real estate property in the UAE

Advantages of Offshore Company Setup in Dubai

No taxation in the company’s home jurisdiction
Zero percent income or corporate taxation
Complete foreign ownership in free zones, without the involvement of a UAE national as a shareholder or sponsor
100% exemption from import and export taxes
Complete repatriation of capital and profits
Flexible business activities
Simply and straightforward rules and regulations for business activities
Lower operation costs – no physical office requirement
Desirable Government Policies available for UAE offshore companies
Greater control of the company for closer physical collaboration
Confidentiality and privacy
Legal protection benefit
Ability to own a corporate bank account (national or international)
Easy procedures for share transfer
No minimum capital requirement
Cost-effective business setup
Easy and convenient company formation procedure

Why Choose IBS Business Services for Offshore Company Setup?

At IBS Business Services, we simplify the offshore company setup in UAE by offering:

Expert Guidance: End-to-end consultancy and support.
Compliance Management: Ensure adherence to UAE’s offshore regulations.
Custom Solutions: Tailored services for your business needs.

Our team of professionals ensures a seamless process, allowing you to focus on your business growth.

Start Your Offshore Company in UAE Today

Partner with IBS Business Services to unlock the full potential of an offshore company setup in UAE. Contact us for a consultation and let us handle your business setup needs.

Ready to Start?