In the pursuit of international investment, trade, and banking prospects, considering Dubai’s offshore companies is prudent. Residence in the UAE or involvement of local shareholders isn’t obligatory.
While offshore company formation doesn’t facilitate obtaining residency visas for oneself, family, or employees, it does allow for legal bank accounts and registrations outside the home jurisdiction.
BENEFITS OF AN OFFSHORE COMPANY
Your business can operate worldwide
The legal system provides you with stability and support
The regulations are clear and flexible
Operations performed outside the UAE are not taxed
All assets can be separated/protected from operating entities
Business in UAE offshore is legal and has not appeared on any blacklists of offshore companies
There are two jurisdictions in UAE that offer Offshore Companies, These are Ras Al Khaimah (RAK) and the Jebel Ali Free Zone (JAFZA).
OFFSHORE BUSINESS JURISDICTIONS
Both jurisdiction provide 100% foreign ownership and do not require to pay personal income or corporate taxes. Nevertheless, you can find some differences and particular benefits of each zone.
We offer our services and setup companies in two jurisdictions in the UAE: Ras Al Khaimah (RAK) and the Jebel Ali Free Zone (JAFZA).
KEY BENEFITS OF AN OFFSHORE COMPANY REGISTRATION IN JAFZA
100% Foreign Ownership
Reserve company name and Apply for initial approval
Local Real Estate Ownership
The JAFZA Offshore Company is the only offshore company that has the permission to directly own local Dubai real estate
Shares in Local Companies
Offshore Companies are allowed to hold the shares of both Free Zone and Onshore (LLC) Companies
Financial Freedom
Local Multi-Currency Bank Account with service facilitations to ease up your workflow
Shareholder / Director details
Offshore companies are not required to disclose the names of shareholders and directors on public register
KEY BENEFITS OF AN OFFSHORE COMPANY REGISTRATION IN JAFZA
100% Foreign Ownership
Reserve company name and Apply for initial approval
Shares in Local Companies
Shares in Local Companies
Offshore Companies are allowed to hold the shares of both Free Zone and Onshore (LLC) Companies
Financial Freedom
Local Multi-Currency Bank Account with service facilitations to ease up your workflow
Fast Incorporation
RAK IC company registration will usually only take 1 week from the date of application
Shareholder / Director details
Offshore companies are not required to disclose the names of shareholders and directors on public register
