Hassle-free, affordable, and tax-free offshore company formation in the UAE

Offshore Company Formation
In UAE

Name: Shuraa Business Setup
Brand: Shuraa
Rating: 4.7 (1148 reviews)

Start your own business in UAE from AED 18,000*

Offshore Company Formation in Dubai

Offshore companies in the UAE are only issued a Certificate of Incorporation, not an operating license. This makes Dubai offshore company formation or setting up in any other UAE jurisdiction straightforward, but understanding the registration procedures and rules is crucial.

At Shuraa Business Setup, we simplify the entire process! Let us help you save time, money, and effort by providing the fastest and most secure way to set up your offshore company.

Why choose Shuraa?

Quick and reliable services: Our efficiency is unmatched.

Strong government connections: We maintain close ties with officials to streamline the process.

International expertise: Our global knowledge ensures a smooth and compliant setup.

Speak with our business setup experts today and get your offshore company established in the UAE almost instantly!

What is an Offshore Company in UAE?

An offshore company in the UAE is a corporate entity established within designated free zones, such as those in Dubai or other emirates, with the primary purpose of conducting business activities outside the UAE.

These entities, often referred to as Dubai Offshore Companies or Dubai Offshore International Companies, offer several key advantages:

Tax benefits: Enjoy tax relief on income and profits.

100% foreign ownership: No need for a local sponsor.

Confidentiality: Business and financial information remain private.

Limited liability: Shareholders’ liabilities are restricted to their share capital.

However, it’s important to note that offshore companies in Dubai are prohibited from operating within the domestic UAE market. They are typically used for:

International trading

Asset or property holding

Serving as a vehicle for global investments.

Offshore companies are ideal for entrepreneurs seeking tax-efficient structures while conducting business globally.

Benefits of an Offshore Company in Dubai

Setting up an offshore company in Dubai offers numerous advantages for international investors, making it an ideal choice for those seeking tax efficiency, asset protection, and global trade opportunities.

Tax Efficiency One of the primary benefits of offshore company formation in Dubai is its tax advantages. Offshore companies are exempt from income taxes, enabling businesses to maximise profits and minimize tax liabilities.

Asset Protection Dubai offshore companies provide excellent asset protection. Business owners can shield their assets and wealth from potential risks like lawsuits, bankruptcy, or financial claims, ensuring greater security for their holdings.

Confidentiality Dubai offshore companies offer enhanced privacy. Shareholder and director details are not disclosed publicly, allowing greater confidentiality for businesses that value discretion in their operations.

100% Foreign Ownership Offshore companies in Dubai allow for 100% foreign ownership, unlike many onshore business structures. This gives international investors full control of their business without the need for a local partner.

Ease of International Trade With Dubai’s world-class infrastructure and access to global markets, offshore companies benefit from ease of international trade. This makes it an ideal hub for expanding global business operations.

No Physical Office Requirement Another significant benefit is that offshore companies in Dubai do not require a physical office, allowing businesses to operate remotely and cut down on overhead costs.

Flexible Legal Framework Dubai offers a business-friendly legal environment with flexible regulations designed to accommodate international businesses. The offshore company setup is streamlined, with minimal bureaucracy, making the process quick and efficient for investors.

These advantages make Dubai an appealing destination for offshore companies, offering a secure, tax-efficient, and globally recognized platform for business operations.

Types of Business Legal Structures for UAE Offshore Companies

When forming an offshore company in the UAE, you can select from several legal structures, offering flexibility to suit your business needs. This customization provides benefits such as asset protection, tax savings, and opportunities for global expansion.

Limited Liability Company (LLC) An offshore LLC offers limited liability protection, meaning the personal assets of the owners are shielded from the company’s debts and legal obligations. Additionally, LLCs can benefit from preferential tax treatment, making them an attractive option for international investors.

International Business Company (IBC) An IBC is structured for conducting business outside of the UAE with minimal involvement in local operations. A key benefit of an IBC is the exemption from taxes and duties, significantly reducing the financial burden for companies engaged in global trade and investment activities.

These structures allow businesses to optimize for liability protection, tax efficiency, and international reach, making offshore company formation in the UAE a strategic choice for global entrepreneurs.

Top Offshore Company Options in the UAE:

UAE offshore jurisdictions offer 100% foreign ownership and operate in tax-free zones, exempt from income and corporate taxes. Additionally, the UAE has signed Double Taxation Treaty Agreements (DTTAs) with over 110 countries, providing even greater benefits for offshore company formation, such as minimizing or eliminating double taxation on income earned in foreign jurisdictions. These factors make the UAE a highly attractive destination for offshore companies seeking tax efficiency and global business opportunities.

RAK International Corporate Centre (RAK ICC)

Jebel Ali Free Zone Authority (JAFZA)

RAK International Corporate Centre (RAK ICC)

RAK ICC is a premier jurisdiction for offshore company formation in the UAE, known for its
simplicity and cost-effectiveness. It offers:

100% foreign ownership

Tax-free zone status, with no corporate or income taxes

Confidentiality through its private corporate structure

Flexibility, allowing businesses to operate without a physical presence in the UAE

RAK ICC is ideal for companies looking to manage global assets or engage in international trade, making it a popular choice for businesses seeking a streamlined offshore solution.

Jebel Ali Free Zone Authority (JAFZA)

JAFZA is another leading option for offshore company formation, strategically located near Jebel Ali Port, one of the busiest ports in the world. It provides:

100% foreign ownership

Tax-free benefits, exempting companies from corporate and income taxes

Efficient access to international shipping routes, facilitating global trade

Additionally, businesses registered in JAFZA benefit from the UAE’s extensive network of Double Taxation Treaties, reducing tax liabilities and streamlining international transactions.

Both RAK ICC and JAFZA offer strong advantages for global businesses, with opportunities for efficient international trade, tax savings, and asset protection.

Key features of RAK International Corporate Centre (RAK ICC)

The key features of RAK International Corporate Centre are as follows:

100% foreign ownership
No corporate or income tax
High confidentiality
Flexible business structures
No physical office is needed
Access to global markets

Don't miss out on this potential business opportunity – take the first step today!

Key features of Jebel Ali Free Zone Authority (JAFZA)

Here are the key features of Jebel Ali Free Zone Authority (JAFZA):

100% Foreign Ownership
Tax Benefits
Strategic Location
Customs Duty Exemption
Diverse Licences

Types of Offshore Licenses Offered in the UAE

The UAE offers several types of offshore licenses to cater to different business needs:

General Trading License: Permits a wide range of trading activities across various goods and services.

Holding License: Ideal for managing and owning shares in other companies or assets.

Investment License: Allows businesses to invest in sectors like real estate, financial markets, and more.

These licenses provide flexibility and tailored solutions for businesses looking to operate offshore in the UAE.

Documents Required for Registering an Offshore Company in UAE

To register an offshore company in the UAE, you need to provide the following documents:

Copy of Passport – A clear and valid copy of the passport for all shareholders and directors.
Passport-sized Photographs – Recent passport-size photographs of each shareholder and director.
Emirates ID – A copy of the Emirates ID for UAE residents (if applicable).
Valid Visa – A copy of the valid UAE visa for residents or entry stamp for non-residents.
Application Form – Completed offshore company registration form.
Memorandum of Association (MoA) – A legal document outlining the company’s structure and operations.
Business Plan – A comprehensive business plan detailing the company’s objectives and activities.
Original Bank Reference Letter – A reference letter from the bank for all shareholders, confirming good financial standing.

These documents must be prepared and submitted to the relevant offshore jurisdiction for approval.

Key Steps for Offshore Company Formation in Dubai

Starting an offshore company in the UAE might seem complex, but Shuraa Business Setup makes the process simple and seamless. Here’s how we guide you through each step:

Step 1: Consultation and Planning Begin with a consultation with our company formation experts, where we’ll discuss your business goals, identify your requirements, and formulate a business plan. We’ll guide you through the legalities, tax benefits, and documentation needed to get started.

Step 2: Choosing the Right Structure Selecting the appropriate legal structure is crucial. Our team helps you choose the best option, whether it’s a Free Zone entity or an International Business Company (IBC), based on your business objectives.

Step 3: Document Preparation and Submission Once you’ve chosen your structure, we assist with compiling and submitting all required documents. We ensure the administrative process is streamlined and error-free for a smooth setup.

Step 4: Licensing and Registration We manage the entire licensing and registration process, ensuring your offshore company meets all legal requirements. We keep you updated at every stage, so you’re always in the loop.

Step 5: PRO Services Our PRO services team provides ongoing support, handling government liaison, visa processing, and compliance management, ensuring your offshore operations run smoothly.

At Shuraa, we’re with you every step of the way, ensuring a hassle-free experience for your UAE offshore company formation.

Cost of Establishing an Offshore Company in the UAE

The cost of setting up a UAE offshore company can generally range from AED 12,000* to AED 25,000*, depending on several factors, including the type of company and the specific services required.

Keep in mind that the final cost may differ based on your unique circumstances. For a more precise estimate tailored to your needs, it’s advisable to consult with a Shuraa Business Setup expert who can provide you with detailed insights and guidance

Simplify International Payments with Shuraa Business Setup

Setting up an offshore company can be overwhelming, but Shuraa Business Setup is here to make it easier. We are your trusted partner for smooth cross-border payments, allowing you to send, convert, and receive funds at a much lower cost than traditional banking methods.

Rest easy knowing that your capital is safely held in Tier-1 financial institutions, providing maximum security. Plus, setting up your account is quick and takes just minutes.

Let us handle your international payments, so you can focus on other important aspects of your offshore business.