≡
Al Taresh > BMS > Offshore Company Formation in Dubai

Offshore Company Formation in Dubai

LEARN MORE
SCROLL DOWN

Setting up an offshore company in Dubai has become a preferred choice for entrepreneurs and investors seeking to manage their businesses or assets in the Middle East efficiently and profitably. Offshore company setup in Dubai offers a unique opportunity to establish an international business entity in one of the world’s most dynamic and business-friendly regions.

With the benefit of being tax-free, these companies are a highly attractive option for individuals looking to optimise their investments while enjoying Dubai’s modern infrastructure and strategic geographic position as a global business hub.

Why Invest in Offshort Company Setup in Dubai?

One of the key advantages of offshore company formation in Dubai is the flexibility it offers. Entrepreneurs can operate their businesses internationally without the need for a physical office in Dubai while still reaping the benefits of the emirate’s robust legal and financial systems.

Additionally, offshore companies allow for complete ownership, secure asset protection, and confidentiality, ensuring high value for international investments. Whether you’re managing global trade, holding assets, or protecting wealth, Dubai’s offshore company framework supports growth and success on an international scale.

What Is An Offshore Company?

Offshore companies are those that are intended to be set up in a country while operating outside their jurisdiction of registration. In other words, it’s a business or investment that is registered in a country to be carried out in different countries.

What Is The Difference Between A Freezone Company And An Offshore Company?

It is important to know the difference between Freezone and Offshore Companies in UAE, as the former is meant for managing business with a physical presence of the company in Dubai; while the latter, the offshore companies, allow you to have an office address and a registration in the UAE without being entitled to operating direct business activities in the UAE.

What Are The Benefits Of Offshore Company Setup In Dubai?

Setting up an offshore company offers your business many advantages and allows you more flexibility in terms of expanding your business and its presence internationally. Some of the benefits that you can enjoy through offshore company formation in Dubai are:

  1. 100% ownership for expats or non-UAE citizens
  2. No customs duties on import
  3. 100% of the owner’s right to the profits and invested capital
  4. No tax on profits and no on income
  5. High quality administrative and logistical support
  6. Ease of opening and operating a bank account
  7. Legal protection of the company’s property from the claims of third parties and creditors
  8. Freedom to transfer the ownership of the company or shares in it to the order of others
  9. The commercial license qualifies the investor to deal with all countries of the world
  10. There is no need or obligation to take a fixed headquarters or rent an office
  11. There is no obligation to deposit or repay the capital

Setting Up An Offshore Company In Dubai

Taking into account all the aspects you have to consider in order to have an informed decision on starting a business and the formation of a company, in addition to collecting all the required documents, registering a company can be a stressful job. We lift the burden off your shoulders and put all our expertise in getting the process of registering your company done smoothly in a timely manner.

Al Taresh Offshore Company Setup Services

  • Undertaking all the procedures required for licensing the registration of a company, a branch of a company, or an institution in the Jebel Ali Free Zone
  • Providing you with a list of requirements for establishing a company registration in the Jebel Ali Free Zone
  • Submitting requests on your behalf, along with the required papers and documents
  • Attestation and authentication of all documents by the embassy, ??foreign affairs, official authorities, and the Ministry of Foreign Affairs
  • Assisting in writing, drafting, or revising the Memorandum of Association of the established company and ratification by the notary public
  • Following up with the free zone until the commercial registration and commercial license are issued

Documents Required To Start An Offshore Company In Dubai – UAE

  1. Attested passport copies of the shareholders.
  2. Proof of Residence.
  3. Original bank reference document or 6 monthly bank statements.
  4. Details of the shareholders.
  5. Name options for the new company.
  6. Business activities.
  7. The hierarchy of beneficiaries.

Frequently Asked Questions

1. What do offshore companies do?

Offshore companies can conduct various types of businesses, such as:

  • Broadcast Management
  • Consultancy
  • Education and Training
  • Event Management
  • Film, Production and Post-Production
  • Industrial
  • Music and Entertainment
  • New Media
  • Publishing
  • Trading

2. Can an offshore company purchase property in dubai?

There are no restrictions on offshore companies to own properties in Dubai.

3. Are freezone companies the same as offshore companies?

No, there’s a difference between Freezone companies and Offshore companies. Free zone companies are established with the aim of operating businesses in the area of their registration with a physical presence within this area, while offshore companies are established with the aim of working outside their place of registration and have an office and registration address only at their location of ownership without having the right to operate commercial activities directly in it.

Get To Know More!