Jurisdictions >> UAE Offshore Company Formation >> UAE Offshore Company Incorporation
UAE Offshore Company. Offshore Company Formation in the UAE
Worldwide Incorporation Services specializes in Offshore Company Formation in the UAE, establishment of branches of local and foreign companies and opening bank accounts in the UAE.
General Information about UAEÂ Offshore Company
Types of Offshore Company in the UAE
- Ajman Offshore Company
- Dubai Offshore Company
- RAK ICC (RAK Offshore Company)
Ajman Offshore Company
Benefits of setting up an Ajman Offshore Company
- 100% foreign ownership
- A minimum of one shareholder is required for an Ajman Offshore Company registration
- A minimum of one director is required for an Ajman Offshore Company registration
- Zero taxes and duties
- Company can hold an account in a bank in the UAE
 Starting at $2,490.00
Ajman Offshore Company Formation Includes government filing fee, registered office fee, registered agent fee, Certificate of Incorporation, Memorandum & Articles of Association, Minutes of first meeting appointing the director(s), Share Certificate(s), Register of shareholders, Register of directors. |
Ajman Offshore Company – Key Facts
Language of Legislation and Corporate Documents
English/Arabic.
Investor Visa
No.
Employment Visa
No.
Share Capital
The minimum requirement for share capital is AED1,000, Which must be fully paid up.
Classes of Share Available
Ordinary shares, preferred shares, deferred and shares with or without voting rights.
Bearer Shares
Not permitted.
Restrictions on Trading
This type of Company is not allowed to do business within the UAE, have an office or get visas. Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.
Registered Agent Required
Each Ajman Offshore Company must have a Licenced Registered Agent in the UAE.
Registered Office Required
Each Ajman Offshore Company must have a Registered Office in the UAE, provided by a licenced service provider.
Directors
A minimum of one director is required for an Ajman Offshore Company formation. Director can be of any nationality and need not be resident in the UAE. Corporate directors are permitted.
Shareholders
A minimum of one shareholder is required for an Ajman Offshore Company formation.
Publicly Accessible Records
No.
Location of Meetings of Directors and Shareholders
Anywhere.
Personal Presence Required
No.
Taxation
Nil.
Double Taxation Treaty Access
None.
Requirements to File Accounts
None.
Requirement to File Annual Return
None.
Audit Requirements
None.
Currency
Dirham (AED).
Exchange Control
None.
Language of Name
English/Arabic.
Restricted Words
Unless with the approval of the Registrar in writing the name shall not include the words “Bank”, “Trust Company” or “Trustee Company”, “Assurance” or “Insurance”, “Chamber of Commerce”, “Municipal” or “Municipality”, “Emirate” or “Emirates” or any other word which in the opinion of the Registrar may suggest:-
(a) a connection with the Government of the Federation of the United Arab Emirates, its agencies or identical bodies of any of the member States of the Federation;
(b) the patronage of their Highnesses the members of the Federal National Council.
Name of a Company
The name of the Ajman Offshore Company may end with the word “Limited” or “Ltd”.
Time to Incorporate
2-3 business days, subject to name approval.
Dubai Offshore Company
Benefits of setting up a Dubai Offshore Company
- 100% foreign ownership
- Zero taxes and duties
- Dubai Offshore Company can hold an account in a bank in the UAE
- Only Dubai Offshore Company can own real estate properties in Dubai
|
Starting at $4,990.00
Dubai Offshore Company Formation Includes government filing fee, registered office fee, registered agent fee, Certificate of Incorporation, Memorandum & Articles of Association, Minutes of first meeting appointing the director(s), Share Certificate(s), Register of shareholders, Register of directors. |
Dubai Offshore Company – Key Facts
Language of Legislation and Corporate Documents
English/Arabic.
Share Capital
The minimum requirement for share capital is AED 1.
Classes of Share Available
A Dubai offshore company may issue only registered shares and only one class of shares is permitted.
Bearer Shares
Not permitted.
Restrictions on Trading
A Dubai Offshore Company is not allowed to do business within the UAE, have an office or get visas. Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.
Registered Office Required
Each Dubai Offshore Company must have a Registered Agent and Registered Office in JAFZA, Dubai, provided by a licenced service provider.
Directors
The minimum number of directors is two. Director can be of any nationality and need not be resident in the UAE. Corporate directors are not permitted.
Shareholders
The minimum number of shareholders is one.
Publicly Accessible Records
No.
Location of Meetings of Directors and Shareholders
Anywhere.
Personal Presence Required
Shareholders/Directors need to visit the Registry for attestation of their signatures. If the Shareholders/Directors are unable to come to Dubai, they may issue a Power of Attorney in favour of our company to represent them before the Registry.
Taxation
Nil.
Double Taxation Treaty Access
None.
Requirements to File Accounts
Yes.
Requirement to File Annual Return
Varies.
Audit Requirements
Yes.
Currency
Dirham (AED).
Exchange Control
None.
Language of Name
English.
Restricted Words
Unless with the approval of the Registrar in writing the name shall not include the words “Bank”, “Trust Company” or “Trustee Company”, “Assurance” or “Insurance”, “Chamber of Commerce”, “Municipal” or “Municipality”, “Dubai”, “UAE”, “Emirate” or “Emirates” or any other word which in the opinion of the Registrar may suggest:-
(a) a connection with the Government of the Federation of the United Arab Emirates, its agencies or identical bodies of any of the member States of the Federation;
(b) the patronage of their Highnesses the members of the Federal National Council.
Name of a Company
The name of Dubai offshore company may end with the word “Limited”.
Time to Incorporate
10-12 days, subject to name approval.
RAK ICC (RAK Offshore Company)
Benefits of setting up a RAK ICC (RAK Offshore Company)
- 100% foreign ownership
- A minimum of one shareholder is required for a RAK Offshore Company registration
- A minimum of one director is required for a RAK Offshore Company registration
- Zero taxes and duties
- Company can hold an account in a bank in the UAE
|
Starting at $2,490.00
RAK ICC Offshore Company Formation Includes government filing fee, registered office fee, registered agent fee, Certificate of Incorporation, Memorandum & Articles of Association, Minutes of first meeting appointing the director(s), Share Certificate(s), Register of shareholders, Register of directors. |
RAK Offshore Company – Key Facts
Language of Legislation and Corporate Documents
English/Arabic.
Investor Visa
No.
Employment Visa
No.
Share Capital
The minimum requirement for share capital is AED1,000, Which must be fully paid up.
Classes of Share Available
Ordinary shares, preferred shares, deferred and shares with or without voting rights.
Bearer Shares
Not permitted.
Restrictions on Trading
This type of Company is not allowed to do business within the UAE, have an office or get visas. Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.
Registered Agent Required
Each RAK Offshore Company must have a Licenced Registered Agent in the RAK Offshore.
Registered Office Required
Each RAK Offshore Company must have a Registered Office in the RAK Offshore, provided by a licenced service provider.
Directors
A minimum of one director is required for a RAK Offshore Company formation. Director can be of any nationality and need not be resident in the UAE. Corporate directors are permitted.
Shareholders
A minimum of one shareholder is required for a RAK Offshore Company formation.
Publicly Accessible Records
No.
Location of Meetings of Directors and Shareholders
Anywhere.
Personal Presence Required
No.
Taxation
Nil.
Double Taxation Treaty Access
None.
Requirements to File Accounts
None.
Requirement to File Annual Return
None.
Audit Requirements
None.
Currency
Dirham (AED).
Exchange Control
None.
Language of Name
English/Arabic.
Restricted Words
Unless with the approval of the Registrar in writing the name shall not include the words “Bank”, “Trust Company” or “Trustee Company”, “Assurance” or “Insurance”, “Chamber of Commerce”, “Municipal” or “Municipality”, “Emirate” or “Emirates” or any other word which in the opinion of the Registrar may suggest:-
(a) a connection with the Government of the Federation of the United Arab Emirates, its agencies or identical bodies of any of the member States of the Federation;
(b) the patronage of their Highnesses the members of the Federal National Council.
Name of a Company
The name of the RAK Offshore Company may end with the word “Limited” or “Ltd”.
Time to Incorporate
2-3 business days, subject to name approval.
Offshore Company Formation in UAE – Office Addresses
Cost of Offshore Company Formation in the UAE
Ajman Offshore Company
|
Starting at $2,490.00
Ajman Offshore Company Formation Includes government filing fee, registered office fee, registered agent fee, Certificate of Incorporation, Memorandum & Articles of Association, Minutes of first meeting appointing the director(s), Share Certificate(s), Register of shareholders, Register of directors. |
- We’ve been helping business owners since 1998
- Incorporating your business is our focus
- We make a complex process fast and easy
- We work closely with Ajman free Zone Authority to guarantee our service
Dubai Offshore Company
|
Starting at $4,990.00
Dubai Offshore Company Formation Includes government filing fee, registered office fee, registered agent fee, Certificate of Incorporation, Memorandum & Articles of Association, Minutes of first meeting appointing the director(s), Share Certificate(s), Register of shareholders, Register of directors. |
- We’ve been helping business owners since 1998
- Incorporating your business is our focus
- We make a complex process fast and easy
- We work closely with Dubai Jebel Ali free Zone Authority to guarantee our service
RAK ICC
|
Starting at $2,490.00
RAK ICC Offshore Company Formation Includes government filing fee, registered office fee, registered agent fee, Certificate of Incorporation, Memorandum & Articles of Association, Minutes of first meeting appointing the director(s), Share Certificate(s), Register of shareholders, Register of directors. |
- We’ve been helping business owners since 1998
- Incorporating your business is our focus
- We make a complex process fast and easy
- We work closely with RAK ICC to guarantee our service
Services related UAE Offshore Company
Worldwide Incorporation Services provides the following services related UAE Offshore Company:
- UAE Offshore Company Formation
- Registered Office and Agent Services for UAE Offshore Companies in Dubai and RAK ICC
- Company Secretarial Services
- Opening of Bank Accounts
- UAE Offshore Company Administration Services
Interested in Offshore Company Incorporation in the UAE?
Worldwide Incorporation Services | UAE Offshore Company Formation
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