Offshore Company Formation in Dubai

Offshore Company Formation in Dubai: What You Should Know in 2024

Dubai is one of the world’s leading jurisdictions for setting up offshore companies. Whether for asset protection, international trading, or tax efficiency, setting up an offshore entity in Dubai (JAFZA or RAK ICC) is both strategic and legal if done right.

What Is an Offshore Company in Dubai?

An offshore company is a legal entity that operates outside the UAE, has no physical presence locally, and is not allowed to trade within the UAE. It’s ideal for:

• International trade

• Holding companies

• Intellectual property protection

• Wealth and asset structuring

• Global investments

Benefits of Offshore Companies in Dubai

• 100% foreign ownership
• No personal income or corporate tax
• Full repatriation of profits and capital
• Low setup and maintenance cost
• Confidentiality of ownership and operations

Popular Offshore Jurisdictions in the UAE

• RAK International Corporate Centre (RAK ICC)

• Jebel Ali Free Zone Authority (JAFZA Offshore)

What’s Included in Offshore Setup Services?

• Company name approval

• MOA and incorporation documents

• Registered agent and address

• Shareholder certificates

• Optional: bank account introduction services

Is Offshore Right for You?

Offshore structures are perfect if:

• You operate internationally

• You want asset or IP protection

• You’re seeking a low-cost entity for cross-border transactions

• You don’t need a UAE office or visa