Offshore Company

Why setup an offshore company in the UAE?

The UAE has over the years proven to be one of the most stable, lucrative and financially secure environments in the world. While it used to be seen as a financial haven for individuals wanting to avoid the burden of excessive taxes in their home countries, today it continues to serve as a tax-freelocation for businesses. What's more, it's a lot easier to register an LLC Offshore Company in the UAE as compared to anywhere else in the world. Plus, your business or finances benefit from the prestige of being associated with the UAE regardless of if you choose Dubai, Sharjah or Abu Dhabi as a hub of youroperations.

When you want to start an offshore company in the UAE, there are a couple of different options from which to choose from. The UAE currently offers various types of offshorebusiness options which are primarily based on the purpose of your operations. You can opt to have a mainland company, a branch office of your existing business, or start a freezone company. That said the option you choose would directly affect how your assets can be managed either by yourself, an accounting firm or employees. As professionals, we can also assist with selecting the right type of offshore company formation based on your goals.

Benefits of opening an offshore company in the UAE

There are various benefits for investors and businesses alike which include but is not limited to:

  • 100% repatriation of your capital after the company has been incorporated.
  • You can have as many shareholders or directors or as few as one.
  • Some parts of the UAE (free zones) allow for offshore companies to be owned and run entirely by foreigners.
  • Offshore companies benefit from 100% income tax, sales tax, import tax exemptions.
  • Offshore companies can open and operate their own bank account. Also, employees can open their own individual bank accounts.
  • Investors don't need to be present in the UAE to setup an offshore company. However, they should have a recent history of entering and exiting the country.
  • The UAE Government does not carryout financial audits of offshore companies unless it suspects malicious intent or malpractice.

What to consider whensetting up an offshore company?

The UAE has slightly different rules and regulations governing the establishment and operation of offshore companies. Also, every emirate has a slightly different list of stipulations that businesses are expected to abide by. Generally speaking, offshore businesses in the UAE need to do the following:

  • Appoint a registered agent who will work for the company to get approvals, employee visas, etc. The registered agent or service works as a liaison between the business and the UAE government.
  • The number of employment visas a business can issue predominantly depends on the size of your office space. So, apparently, large offices can employ more expat workers.
  • Some offshore business types like in the banking and financial sector will require security clearance and prior approvals.

We can help you start an offshore company in the UAE

One of the most challenging aspects of setting up an offshore company in the UAE is getting items drafted, attested, legalized, etc. Also, every emirate has different offshore business setup rules that you need to be aware of. As professionals, we handle all the aspects of opening an offshore company in the UAE. Our service saves you time, effort and expedites the process as much as possible.

Feel free to get in touch with us for a consultation by calling +971 4 319 7466.

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We offer 100% free and professional consultation to all prospective and current clients. Our consultants will answer any questions you may have about the process.
When you hire us to setup a company, there are no hidden charges. All fees are clearly outlined, and you are invoiced accordingly.
Setting up a business in some of the emirates does not require paid up capital. Not having paid up capital can help you incorporate at a lower price.
Our excellent customer service is what has made us one of the leading services. We respond to all queries ASAP, so that you never have to wait to make a decision.
We provide our clients with a knowledgeable and diligent account manager. The account manager continues to keep in touch with the client throughout the process.
We offer the most cost effective solutions for businesses and individuals. Setting up a company in the UAE doesn't have to be expensive.