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Offshores are one of the best alternatives for businesses in different countries that wants to have a headquarters in another country. It’s a great way to get rid of unnecessary taxes (given that your headquarters are in a tax-free country like UAE), access your funds and move them around easily in a legal manner and overall have less hassles in maintaining your business.

Before we get into the how’s and what’s, let’s figure out what an offshore company is. An offshore company is a business or organization that is operated outside of its original country. It can be owned by an individual or have multiple investors, shareholders or partners. The business activities of an offshore company is performed outside of its jurisdiction.

UAE offers a hassle-free, affordable, and tax-free offshore company formation. It has also proved to be a trust-worthy country for business owners. With its various benefits, UAE offshore has become a reliable, popular and dynamic platform for companies and investors to set up their business. UAE offshore companies are issued a certificate of incorporation, not licenses, hence company formations in any UAE offshore jurisdictions have become an easy process.

The two main and popular jurisdictions in the UAE are Ras Al Khamiah and Jebel Ali Free Zones. They are both tax-free and allows 100% foreign ownership. Bear in mind that off shore companies are not free zones.

Offshore companies can open a UAE bank account with multi-currencies to carry out their business internationally with the head of office being in UAE. This gives the business owners full control of their funds.

Offshore jurisdictions has its own set of rules and so does the company registrations and handling. This is where we come in. Rockefeller saves your time by handling all your paperwork, setting up the business for you and making sure that you have no legal problems. All you have to do is sit back and relax as we handle your company set up in the most safest and easiest way.

Various offshore jurisdictions in the UAE

  • Dubai Offshore
  • Jebel Ali Offshore (only offshore company where you can own property in Dubai)
  • RAK Offshore
  • Ajman Offshore

Benefits of setting up company in UAE offshore

  • Possibility for international market expansion
  • Flexible regime and business friendly legal-system
  • Better access to global funding
  • Affordable set up costs
  • Operational freedom
  • 100% foreign ownership
  • Can purchase real estate in offshore JAFZA
  • No requirement for an office space
  • No need for a resident visa
  • Can be done virtually – no need for owners or shareholders to be present in the UAE

Permitted offshore company activities

  • Advisory services
  • Buy, hold or sell stakes of other companies
  • IBs Intermediary Brokers or Commission Agents
  • Consulting services
  • General trading activities
  • Any international and professional services
  • Investments and joint investments opportunities
  • Owning property or real estate
  • Shipping and management operations

Documents required for UAE offshore company set up

  • Certified Passport Copy of the shareholders and directors
  • Proof of Address documents
  • Bank or Professional Reference Letter
  • Curriculum Vitae (summary of professional history) of the shareholders and directors

Ras al Khaimah Offshore

Expound the actual teachings. of the great explorer of the truth, the master-builder of No one rejects, dislikes, or human happiness.

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JAFZA Offshore

JAFZA Offshore was created in 2003 permitting international businesses to launch offshore entities next to one of the world’s biggest sea port

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