You can establish an offshore company in the UAE and take advantage of local banking services with a 0% tax rate. Additionally, you have the option to open bank accounts internationally.
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The UAE is an ideal destination for your offshore business ventures, offering tax benefits and cutting-edge infrastructure. With easy access to global customers, especially in the Middle East and beyond, you can maximize the opportunities of this dynamic city for your offshore company setup.
Key Benefits of Offshore Company Formation:
Set up your offshore company in top UAE jurisdictions like Jebel Ali Free Zone (JAFZA Dubai), Ras Al Khaimah (RAK), or Ajman Offshore (AFZ), which are renowned for their “tax-free” benefits and specialization in offshore business operations. Keep in mind, however, that business activities must be conducted outside of the UAE. When establishing your offshore company in the UAE, you’ll benefit from expanded business opportunities, streamlined setup processes, excellent logistics, prime locations, and 100% foreign ownership.
The cost of offshore company formation in Dubai typically ranges from AED 10,000 to AED 40,000, depending on the type of business and its location (JAFZA, RAK, or AFZ), along with additional factors. Office space leasing is also required, and legal services may incur extra costs to ensure compliance with local regulations.
Dubai offers a variety of licenses for offshore companies, providing flexibility for businesses to operate according to their specific needs. With different license types available, offshore firms can establish and grow their operations seamlessly. Explore the range of licenses to benefit from Dubai’s dynamic and adaptable business environment.
This license allows your company to engage in various trading activities. It is required if your business deals with a wide range of goods and services.
This license is intended for companies based outside the UAE. It enables them to own assets, subsidiary companies, properties, and intellectual property.
This license allows companies to hold and trade various international investment instruments, including foreign currencies, futures, options, listed and unlisted shares, bonds, commodities, and more.
When setting up an offshore company in Dubai, you have the option to choose from various legal structures that suit your business needs. This flexibility allows you to select a setup that offers benefits such as asset protection, tax savings, and global business opportunities. No matter which structure you choose, you’ll enjoy several advantages!
The cost of offshore company formation in Dubai typically ranges from AED 10,000 to AED 40,000, depending on the type of business and its location (JAFZA, RAK, or AFZ), along with additional factors. Office space leasing is also required, and legal services may incur extra costs to ensure compliance with local regulations.
Below is a list of the required documents for setting up an offshore company in the UAE.
Submit Your Application & Receive Trade License and Company Formation Documents.
Issuance of Immigration Card & E-channel Application.
Issuance of Entry Permit, Status Change, Medical, and Emirates ID.
Issuance of Investor Visa.
Selecting the appropriate legal structure is crucial for offshore companies. It determines your management requirements and documentation processes. Choose from options such as Offshore Foundation, Offshore Trust, LLC, or IBC based on your business needs.
Gather the required documents and submit them to the relevant authorities in your chosen jurisdiction. Keep in mind that documentation requirements may vary depending on the jurisdiction, so be sure to review their specific criteria.
Having an offshore bank account simplifies the process of incorporation and conducting business transactions for your offshore company. It streamlines financial operations and facilitates smooth business activities.
At Avyanco, we understand that starting a business can be complex, which is why we simplify offshore company formation in Dubai for you. As a certified business setup consultancy and auditing firm in Dubai, we offer customized packages and services that have helped entrepreneurs from around the world successfully establish and grow their offshore businesses in AAFZA, RAK, and JAFZA. Our dedicated team ensures a seamless process, handling everything from business registration to license acquisition, so you can enjoy a hassle-free experience.
Our services go beyond just registration and permits. We provide ongoing assistance throughout your company's operations in the UAE, including accounting, auditing, and visa processing. We're committed to ensuring that your offshore company setup in Dubai remains smooth and fully compliant.
With years of experience in the industry, Avyanco has built a robust and extensive network of contacts and partnerships in Dubai and beyond. We leverage these connections to support the growth and development of your offshore business.
With a strong history of successfully establishing offshore companies in Dubai and other UAE cities, we demonstrate our reliability and dedication to ensuring the success of our clients.
Limited Liability Company (LLC): This structure provides limited liability protection, safeguarding your personal assets from the company’s debts and legal obligations. Additionally, the income generated by the offshore company may benefit from favorable tax treatment.
International Business Companies (IBCs): IBCs are designed to offer tax and duty exemptions, significantly reducing the financial burden on businesses involved in international trade or investment activities.
In general, offshore companies are exempt from corporate tax. However, they must meet some regulatory requirements to meet the 0% corporate tax requirements.
These requirements are:
