Offshore Company
Formation in Dubai, UAE

Get Offshore Company Setup in Dubai services, Enjoy tax benefits, privacy, and a strategic global presence. Our expert team guides you through seamless processes, making your business journey smooth and successful.

offshore company formation in dubai

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What constitutes an offshore company in Dubai?

An offshore company in Dubai is a business entity set up within Dubai’s free zones or other UAE emirates, designed primarily for conducting operations outside the UAE. Commonly known as Dubai offshore companies or Dubai Offshore International companies, these entities offer several benefits such as tax exemptions, complete foreign ownership, privacy, and limited liability.

However, it's important to understand that Dubai offshore companies are not allowed to engage in business activities within the UAE. Their main functions include international trading, holding assets or property, and facilitating global investments.

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Advantages of Establishing an Offshore Company in Dubai

Compared to many other locations, the UAE offers a highly regulated banking system, cutting-edge infrastructure, advanced communication networks, and easy access to global markets.

Opting for offshore company registration in the UAE presents several key benefits

Stable Legal Framework

The UAE provides a robust and supportive legal environment for offshore companies.

Flexible Regulatory Environment

Regulations are designed to be adaptable to meet various business needs.

Tax Neutrality

Offshore companies enjoy favorable tax conditions with significant exemptions.

Asset Protection

Assets are securely segregated and protected.

Access to Global Markets

Dubai serves as a strategic gateway to international markets.

International Funding Opportunities

There is easy access to global funding sources.

Process of Setting Up an Offshore Company in Dubai & the UAE

Establishing an offshore company in Dubai and the UAE involves several key steps

01. Choose Your Business Structure

Determine the most suitable business structure for your offshore company.

02. Open an Offshore Bank Account

Prepare the required documents to open an offshore bank account, including:

Director’s registration
Incorporation certificate
Financial statement
Proof of registered address
Shareholder certificate

03. Cost of Establishing an Offshore Company

Costs for setting up an offshore company in Dubai and the UAE can vary depending on factors such as the type of company, the services needed, and the fees charged by service providers.

Documents Required for Offshore Company Formation in the UAE

For Individual Shareholders
Passport copies of all shareholders
Proof of residence (e.g., utility bill)
Bank reference letter
Business profile of the shareholders
Proposed name for the offshore company
Proposed activities of the offshore company

These documents form the basis for initiating the company formation process in DAFZA

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For Corporate Applicants
Certificate of registration of the company, attested by the UAE Embassy/Consulate in the home country
Certificate of Good Standing for the company, attested
Memorandum and Articles of Association of the company
Bank reference letter
Board resolution confirming the establishment of the offshore company, appointment of directors, and designation of the registered agent as the company’s legal representative
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After submitting all required documents and paying the necessary fees, the offshore jurisdiction will issue the Certificate of Incorporation.

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Get Professional Help from Offshore Company Formation Specialists

Offshore company formation in Dubai is straightforward and efficient, typically taking just several weeks to complete. To ensure a smooth application process, it’s best to work with a Dubai offshore company formation specialist. These professionals can handle all the necessary administrative tasks, ensuring compliance with local laws and regulations.

Our consultants can assist with other associated tasks such as:

Obtaining visas for investors and employees.

Working with specialists can significantly streamline the process, allowing you to focus on your business operations.

Limitations of UAE Offshore License

There are always two sides of a coin. The disadvantages of the UAE offshore company set up are as follows:

Restriction on trade boundaries- As an entrepreneur setting up in the UAE offshore, you cannot trade in the UAE mainland or free zone.
Restriction on business activities- The business activities that can be practised with an offshore company set up licence is lower than that in the UAE Mainland and some activities such as banking,etc. cannot be carried out.
No office space- You care not allowed to own an office space in the UAE
No visa provided- As an offshore business owner, you do not get the UAE visa issued.
offshore company license in dubai

Choose RadiantBiz for Offshore Company Formation

Dubai’s offshore licence offers firms a cost-effective regulatory environment with complete tax and tariff exemptions. Offshore company formation in Dubai is becoming a dream come true for every overseas investor thanks to excellent business financing infrastructure. RadiantBiz allows your firm to have numerous bank accounts in various currencies to do worldwide commerce.

We are providing effective solutions for your offshore set-up and banking hurdles. Contact our business setup consultants in Dubai, today to get started with your business set up in the UAE offshore.

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Frequently Asked Questions

What is offshore license?
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Is it possible to receive UAE residency visa over Dubai Offshore company?
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What is the difference between Freezone and offshore company in UAE?
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