Offshore Company Formation in Dubai New - Gloace Fintax

Offshore Company Formation in Dubai

Establishing an offshore company in the UAE provides international investors with a strategic platform for global operations, offering key advantages such as tax efficiency, full foreign ownership, and asset protection. The UAE’s stable economy, legal infrastructure, and business-friendly regulations make it an ideal destination for offshore incorporation.

1. Business Setup
2. Trade License Acquisition
3. Tax & Legal Advisory
4. Corporate Bank Account Opening
5. Compliance & Regulatory Management
6. Residence Visa Assistance

What is an Offshore Company?

An offshore company in the UAE refers to a legal entity incorporated in a jurisdiction outside the UAE mainland, such as Jebel Ali Free Zone (JAFZA), Ras Al Khaimah International Corporate Centre (RAK ICC), or Ajman Free Zone (AFZ). These entities are primarily used for international business operations and are not permitted to conduct business within the local UAE market.

Offshore company formation in Dubai allows for international trading, asset protection, IP management, and investment holding, all within a favorable tax and regulatory framework.

Key Benefits of UAE Offshore Company Setup

Full Foreign Ownership

100% foreign ownership with no requirement for a UAE national sponsor.

Tax Exemptions

No corporate tax, personal income tax, capital gains tax, or withholding tax on dividends and interest.

Limited Liability

Shareholders enjoy protection from personal liability beyond their investment.

Privacy & Confidentiality

Director and shareholder information remains confidential and is not available in public records.

Currency Stability

The UAE Dirham (AED) is pegged to the US Dollar, offering a stable monetary system.

Global Market Access

Offshore licenses are internationally recognized, facilitating seamless global business operations.

Strong Legal Framework

Robust regulations tailored to support offshore businesses with legal clarity and protection.

Access to International Funding

Offshore companies can benefit from global banking and investment opportunities.

Types of Offshore Company Structures

International Business Company (IBC)

The most commonly used offshore structure is ideal for international trading, asset management, and IP holding. Offers complete foreign ownership and tax exemptions.

Offshore Holding Company

Established to hold shares in other companies domestically or internationally. Commonly used for strategic investment and wealth management.

Offshore Trust Company

Used for estate planning and asset protection. Assets are transferred into the trust, protecting them from third-party claims and enabling long-term financial planning.

Offshore Limited Liability Company (LLC)

Provides limited liability and is ideal for joint ventures and global operational activities where legal protection is essential.

Free Zone Offshore Company

Some UAE free zones offer offshore licenses with additional benefits such as property ownership and access to banking services—ideal for businesses seeking both offshore and free zone advantages.

Available Offshore Company Jurisdictions in the UAE

✅ Jebel Ali Free Zone Authority (JAFZA)

Well-suited for businesses involved in international trade, investment holdings, and asset management.

✅ Ras Al Khaimah International Corporate Centre (RAK ICC)

Popular for real estate investments, intellectual property management, and global trading activities.

✅ Ajman Free Zone (AFZ)

Ideal for international trading companies and businesses focused on global investments and holdings.

Available Offshore Company Jurisdictions in the UAE

Here is the table with documents required for setting up UAE Offshore Companies, categorized by corporate and individual shareholders:

DocumentIndividual
Shareholder		Corporate
Shareholder
Passport Copy✅✅
UAE Residence Visa (for UAE residents)✅✅
Emirates ID (for UAE residents)✅✅
Utility Bill or Tenancy Contract✅✅
Business Plan✅✅
No Objection Certificate (NOC)✅❌
Bank Reference Letter✅✅
Memorandum of Association (MOA)✅✅
Articles of Association (AOA)❌❌
Power of Attorney (POA)❌✅
Shareholder Resolution (for Corporate Shareholders)❌✅
Curriculum Vitae (CV)✅✅

Offshore Company Formation Process

Step 1: Initial Consultation

Engage with a business setup expert at Gloacefintax to discuss your goals, company structure, and specific business requirements.

🕒 Takes 1–2 days

Step 2: Application Submission

Submit your offshore company application. The relevant authority will review it and proceed with the name reservation process in compliance with local regulations.

🕒 Takes 1 day

Step 3: Name Reservation

The chosen jurisdiction (e.g., ADGM, RAK ICC) will assess and reserve your proposed company name, ensuring it aligns with naming guidelines.

🕒 Takes 1 day

Step 4: Document Preparation

Gather and complete all necessary documentation and forms required for registration and compliance.

🕒 Takes 2–3 days

Step 5: Payment of Fees

Pay the applicable registration, license, and service fees associated with the offshore company setup.

🕒 Takes 1 day

Step 6: License Issuance

Once documents are approved and fees are paid, your offshore company license will be issued, allowing you to begin operations.

🕒 Takes 3–5 days

Step 7: Opening a Corporate Bank Account

Initiate the process of opening a UAE-based corporate bank account to support your offshore operations.

🕒 Takes 1–2 weeks

Step 8: Office Address Registration

Secure a registered office address in the UAE, typically arranged through Gloacefintax as part of the service package.

🕒 Takes 2–3 days

Step 9: Obtaining Residency Visas

Apply for UAE residency visas for shareholders, directors, and essential staff if required.

🕒 Takes 10–15 days

Why Choose Gloacefintax – Paragraph Format

Gloacefintax is your trusted partner for offshore company formation in the UAE, offering expert advice tailored to your business needs. With extensive experience in various offshore jurisdictions, we ensure a seamless and compliant setup process. Our bespoke solutions are designed to align with your strategic goals, and our commitment doesn’t end with the license—our post-setup support covers everything from compliance to business growth strategies. Whether you’re a first-time entrepreneur or an established investor, Gloacefintax is here to empower your journey every step of the way.

✅ Expert Advice

✅ Tailored Solutions

✅ Extensive Experience

✅ Post-Setup Support

Empowering Your Business

Through our trusted associations and channel partners in Dubai, Gloacefintax delivers seamless offshore company formation and long-term business support, designed to fuel your success.

Speak with a Business Advisor

Frequently Asked Questions (FAQs)

About Outsourced Accounting & Bookkeeping

Why should I outsource my accounting and bookkeeping needs?

Outsourcing your accounting and bookkeeping tasks to professionals like Gloace Fintax Consultants offers several benefits, including cost savings, access to expertise, improved accuracy, and the ability to focus on core business activities.

How does Gloace Fintax Consultants ensure the security of my financial data?

At Gloace Fintax Consultants, we take the security of your financial data seriously. We employ stringent security measures, including encryption, firewalls, and access controls, to safeguard your data against unauthorized access or breaches.

Can Gloace Fintax Consultants customize its services to meet my specific business needs?

Yes, absolutely. We understand that every business is unique, which is why we offer tailored accounting and bookkeeping solutions to meet your specific needs and goals. Whether you need basic bookkeeping services or comprehensive financial management, we’ve got you covered.

What are the costs associated with outsourcing accounting and bookkeeping to Gloace Fintax Consultants?

The cost of our services depends on factors such as the complexity of your financial needs, the volume of transactions, and the level of support required. We offer transparent pricing and will work with you to develop a customized service package that fits your budget.

How can I get started with Gloace Fintax Consultants?

Getting started with Gloace Fintax Consultants is easy. Simply contact us to schedule a consultation with one of our experts. We’ll discuss your needs, assess your current financial situation, and develop a customized plan to help you achieve your business goals.
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