Global Market Benefits With Offshore Company Formation In Dubai
Dubai is truly the smart business move for your offshore business plans. Gain from tax breaks and a highly advanced infrastructure. With an easy reach out to customers worldwide in the vast markets of the Middle East and beyond, make the most of the lively city with your offshore company setup in Dubai.
Start Your Offshore Venture in Dubai and Sail Into Success!
You can have your offshore company setup in Jebel Ali Free Zone (JAFZA Dubai), in Ras Al Khaimah (RAK) and the Ajman Offshore (AFZ). These “tax-free” jurisdictions specialize in offshore businesses. But note that you can carry out your business activities only outside the UAE. As you go for an offshore company incorporation UAE, you can gain from a greater business scope, smooth setup processes, great logistics, prime locations, and 100% ownership.
Offshore company formation in Dubai can cost between AED 10,000 and AED 40,000. The exact cost depends on what kind of business you want, and where it’s located in Dubai(JAFZA), Ras Al Khaimah(RAK) or Ajman (AFZ), and other factors. You’ll also have to lease an office space. Plus, to follow the local rules, legal assistance might cost extra.
Licenses Available For Your Offshore Firm in Dubai
An offshore company setup in Dubai can choose from many licenses. Having different license types helps all kinds of offshore firms work how they want. This makes their start and growth easier. To gain from a flexible and lively business environment, take a look at licenses for offshore business.
General Trading License
This license lets you do trading activities. You need this if your firm trades many types of goods and services.
General Trading License
This license lets you do trading activities. You need this if your firm trades many types of goods and services.
General Trading License
This license lets you do trading activities. You need this if your firm trades many types of goods and services.
Diverse Legal Structures for Your Offshore Firm
You can base your offshore company formation in Dubai on various legal structures to fit your needs. This variety helps you pick a suitable setup. And you can gain from various perks. For example, you can have asset protection. You also save on taxes. Or simply do business around the world! But whatever structure you pick for your offshore firm, you’re in for some big perks!
Limited Liability Company (LLC)
An offshore LLC is made to give business owners a key perk: limited liability. As a result, your personal assets will be different from your firm’s debts and legal obligations. Plus, your LLC’s income may get favorable tax treatment.
International Business Companies (IBCs)
IBCs are set up in the UAE for conducting business activities outside of the United Arab Emirates (UAE). They don’t do much business operations in the UAE itself. One of the key perks of an IBC is tax and duty exemptions. This can greatly decrease the financial load on firms doing international trade or investment activities.
Required Documents Checklist
Find below the list of documents required for offshore company formation in the UAE.
| Mandatory | |
|---|---|
| Passport Copy (Valid for at least 6 months) |  |
| Visa Page Copy (if applicable) | |
| Emirate ID (if applicable) | |
| Passport-sized Photos | |
| Personal Information Sheet or Application Form | |
| 3 Name Choices | |
| Mandatory | |
|---|---|
| Company Trade License / Certificate of Incorporation | |
| Memorandum of Association | |
| Board of Resolution for Company Setup and Appointment of Authorized Signatory | |
| UBO List | |
| Incumbency Certificate | |
| 3 Name Choices | |
| Passport copy of Company Manager | |
| Visa copy of Company Manager | |
| Emirate ID of Company Manager | |
Note* The list of document requirements is subject to change as per the desired license activity and respective authority for your offshore company setup.
Discover the Benefits of Offshore Company Formation in Dubai
Dubai stands out as the prime spot for offshore businesses. These firms can enjoy a lot of perks in Dubai. It is easier for firms to invest in real estate, make strategic partners, and work with flexibility and freedom.
Tax Perks
Offshore firms in Dubai get great tax perks. Plus, they get to keep most of their profits. They can easily take their earnings out of Dubai without any issue. They can reinvest this money in their firm to grow even more.
Strategic Global Location
Dubai is a prime hub that links the East and West, making it a perfect place for businesses. So, your offshore firm can reach customers all around the world. Plus, Dubai has great airports and seaports. This makes it easy to bring in and send out goods to and from other places. So, importing and exporting is really smooth for offshore firms in Dubai.
100% Foreign Ownership
Offshore firms in Dubai enjoy 100% foreign ownership. So, you can fully own and control your offshore businesses. You won't need a local partner. This gives you more freedom and control over your business.
Local Real Estate Ownership
Offshore companies in RAK and JAFZA can directly own Dubai real estate properties. This is a great perk if you want to invest in the thriving city's real estate market. It gives flexibility and the scope for long-term growth as you can hold property assets in the emirate.
Shares in Local Companies
Offshore firms generally are not allowed to do business with UAE residents. But RAK and JAFZA officials let their offshore firms hold shares in both free zone and Onshore (LLC) firms. This way, you can make tactical partners. Plus, you can work with local firms.
No Minimum Share Capital Requirements
Offshore company formation in Dubai doesn't have minimum share capital rules. So, you can start with capital amounts that suit your needs and financial scope. You won't bear the initial financial load. Also, you'll be able to manage capital easily.
Need A Free Estimate?
Feel free to contact us by telephone or email and we will be sure to get back to you soon as possible.