No taxes levied by authorities in UAE. No local sponsor required. No need to lease office space. No accounting or auditing requirements. Currently, UAE offers Offshore formations in 3 Free Zones: Jebel Ali, Ajman and RAK
Going offshore is one way of starting or managing your business. Offshore companies enjoy full tax exemption. That’s surely what made them famous and popular. More important, however, is the freedom of operations, confidentiality, and ease of running your business.
Any Offshore company has to maintain a registered office in the Free Zone and appoint an approved registered agent. A registered agent’s office in Dubai or in the free zone can also be used as your registered office company address. The Company will not be allowed to carry on business with individuals or companies who are resident/registered in the UAE or carry out any trade in the free zone or in the UAE.
- To own, sell and hold free hold properties in Dubai.
- To own and hold property outside UAE.
- To make investment in companies, factories and establishments.
- To engage in the international trading of goods (however without entering into partnership with any UAE resident or local company).
Note: Investor’s physical presence is not required in UAE at the time of registration if s/he executes an attested power of attorney in favor of the registered agent duly legalized by UAE Consulate in home country allowing the agent to handle the entire incorporation of the company.
- Applicants personal profile (short CV)
- Colour Passport copy
- Bank Reference letter from any bank, preferably from home country.
- Proof of residence. Recent utility bill, e.g. telephone, water & electricity etc. to prove your residence.