Offshore companies typically operate outside the country of its official registration. The UAE government allocates Jebel Ali, Ras Al Khaimah and Ajman for entrepreneurs keen to set up offshore companies in the UAE. Owners with offshore licences do not require local shareholding and can obtain 100% foreign ownership of their trade. Our team of expert corporate advisory consultants can guide you with solutions pertaining to offshore licensing procedures and formalities. Under offshore company formation our team helps owners with procedures related to bank account setup and providing protection for assets and limiting their liabilities.
Business Setup in the Offshore
Simply put, an offshore company is a legal entity that operates outside the location of its ultimate ownership. Offshore companies are formed to enjoy tax advantages and favorable regulations outside the country of origin. Offshore company formation in the UAE is an ideal and cost-effective way to expand your international business without overwhelming administrative obligations.
UAE witnessed a significant rise in the number of offshore companies formed in the country since 2003 and even today it continues to be a preferred choice for global businesses. Key jurisdictions offering Offshore Company Registrations in the UAE are:
Typically, offshore company registration requires an agent, and we are well poised to deliver quality services that ensure registration processes, annual renewals and other related matters are taken care of. While incorporating an offshore company, as agents, we handle the following: