OFFSHORE COMPANY FORMATION IN DUBAI - UAE

The Best Business Consulting Firm you can Count on.

OFFSHORE COMPANY SETUP

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.

WHATS APP

+971-55-3507705

SOME ADVANTAGES OF AN OFFSHORE BUSINESS IN UAE

Offshore Company Setup Process

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.

Popular Offshore Jurisdictions in UAE

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.

Advantages Of Registering an Offshore Corporation in RAK ICC

Foreign Ownership

RAK ICC regulations allows for 100% foreign ownership.

Shares in Local Companies

Even though Offshore Companies are not permitted to do business locally, the authorities permit Offshore Companies to own shares in both Free Zone and Mainland Businesses.

Information about Shareholders and Directors

The names of shareholders and directors are not obliged to be placed on a public registry.

Fast Incorporation

RAK ICC will generally register a company within one week of receiving all application and due diligence documents.

Local Bank Account

An offshore corporation can open multi-currency bank accounts in the UAE to perform routine international transactions.

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.

Advantages Of Registering an Offshore Corporation In JAFZA

Foreign Ownership

JAFZA Offshore Companies Regulations allows for 100% foreign ownership.

Local Real Estate Ownership

The JAFZA Offshore Firm is the only Offshore firm that is permitted to directly own local Dubai Real Estate. Most properties in Dubai can be owned by JAFZA Offshore businesses. However, both Free Zone and Developer authorization is required.

Shares in Local Companies

Offshore Companies are allowed to own shares in both Free Zone and Mainland Companies, even though they are forbidden from doing business locally.

Information about Shareholders and Directors

The names of shareholders and directors are not obliged to be placed on a public registry.

Local Bank Account

An offshore corporation can create multi-currency bank accounts in the UAE to perform routine international transactions.

Calculate your business cost

Know the Estimated set-up cost of your business in just a few seconds using this cost calculator
315
Completed Company
966
Satisfied Customers
868
Expert Consultant

Start Your Dream Business in UAEExclusive offer for Entrepreneurs
  • 1 Year License with 0 Visa Package Aed 5,499

  • 1 Year License with 1 Visa Package Aed 13,100

  • Up to 5 Business activities under one License
  • Up to 5 Shareholders under one License
  • 100% Foreign Ownership
  • All Inclusive Package
  • No hidden charges

 

Whats App Us

+971-553507705