Dubai Offshore, what they’re saying:
Offshore Company Registration in Dubai and the Rest of the UAE
A popular choice for companies looking to secure presence in Dubai and the UAE is setting up an offshore business through the offshore company registration process.
Those corporations not intending to engage in any business inside the UAE, whether onshore or within one of the available free zones can set up an entity under the UAE offshore regulatory system.
Offshore businesses generally act as holding companies and do not carry out commercial activities.
MAKE AN INQUIRY
The regulations of some of the free zones in the UAE allow these companies to act as a vehicle to own freehold property onshore.
There are several ways to structure an offshore company, including an International Business Corporation, offshore limited liability company, trust or offshore foundation. Each corporate structure comes with its legal framework.
Emirati law stipulates that a registered UAE-based agent must administer the incorporation process. Europe Emirates Group is an expert in offshore company formation in Dubai and the UAE and can guide you through the step-by-step process, as well as provide support following setup.
Offshore Free Zones
Jebel Ali Free Zone (JAFZA) and Ras Al Khaimah Investment Authority (RAKIA) are the leading free zones that offer offshore company formation in the UAE.
JAFZA and RAKIA are tax-free jurisdictions that levy no income tax or corporate tax. They also permit 100 per cent foreign ownership. The UAE has negotiated Avoidance of Double Taxation Treaty agreements (DTTAs) with 115 countries, including the United Kingdom.
Offshore companies can open multi-currency accounts in the UAE and carry out business abroad. However, they cannot carry out business activities with UAE residents or have a physical presence within the UAE