+971-55-568 3780
+971-55-568 3780
An Offshore Company is a legal entity incorporated with the intention of operating and executing business outside the UAE. 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.
- The cost of setting up an Offshore Company in UAE is significantly low.
- Speedy Incorporation Process.
- 100% foreign ownership.
- 100% Tax Free.
- Office setup can be Virtual.
- Audit not required.
- Company can have multiple currency Bank Accounts.
- No restriction on how much foreign exchange is procured, spent or reserved.
- 100% protection for physical assets and revenue accrued from offshore operations.
Our team of Company Formation Specialists will ensure you to choose the right Business Activity. We advise you on the most economical and suitable options.
Our team of experts can secure the Company name availability and registration. If the Company name is not available, we will advise you on suitable alternatives.
Your dedicated Company Formation Specialist will ensure to complete the License Application Process in a hassle-free manner.
Once your Company License is issued, you will be notified and provided with the scanned License documents.
At PanaceaBiz, we have a vast network of Banking Experts who will assist you in opening a Corporate Bank Account.
RAK International Corporate Centre (RAK ICC)
RAK International Corporate Centre (RAK ICC) is situated at the Emirate of Ras Al Khaimah. With its unique and extremely business-friendly rules and regulations, RAK ICC has been luring foreign investors to the jurisdiction. Companies across the globe are setting their foot into the RAK ICC to obtain international company status. Many foreign firms registered with RAK ICC have investment in real estate and properties as one of their main activities. It is also known for its total secrecy and anonymity. Owners of International Business Companies (IBCs) are required by law to remain anonymous.
JAFZA OFFSHORE
Jebel Ali Free Zone (JAFZA) Offshore is the only Offshore Jurisdiction in Dubai. Because of the numerous chances and amenities it provides, JAFZA is most popular and favoured location to grow your business. JAFZA Offshore is a worldwide commercial and manufacturing hub that guarantees complete confidentiality and privacy.
