Bizvise can help you establish an offshore company in Dubai, which is a corporation incorporated or registered in a jurisdiction other than the one where its investors or shareholders are based. This type of corporation is known as a non-resident company, and it is required to follow the legislation of the jurisdiction in which it is incorporated or registered. Offshore corporations in Dubai are allowed to open bank accounts in the UAE, but they cannot issue employment permits or have a physical office in their capital. The primary aim of obtaining offshore licenses is often to undertake company operations in foreign nations to achieve financial, legal, and tax benefits.
An offshore company operating as a Holding company is formed to own shares in other companies, whether they are based in the UAE or elsewhere. This type of organization does not engage in commercial activity and does not offer products or services. Instead, its primary duty is to hold and manage investments in other companies, frequently for strategic reasons, asset protection, or effective tax planning.
Setting up a Dubai offshore company offers numerous advantages for foreign investors, allowing them to fully capitalize on the benefits provided by the UAE Government. Some of the key advantages include:
To establish an offshore company in Dubai, a non-resident business entity must be registered, which is subject to special offshore company regulations and trade norms. The primary offshore jurisdictions in the UAE are Jebel Ali Offshore, RAKICC Ras Al Khaimah, and Ajman Offshore. When forming an offshore company in Dubai, entrepreneurs and investors can take advantage of a variety of benefits. These include the possibility to expand globally, full foreign ownership, reduced operational costs, and simplified registration requirements.
The ability for tax-free international trade, 100% repatriation of capital and earnings, and overall cost-effectiveness are among the primary benefits of establishing an offshore business in Dubai. Our full offshore company setup services include picking the proper license based on business activity, completing required legal paperwork, and facilitating the opening of a corporate bank account.
While the process of offshore company formation in Dubai is relatively straightforward compared to other zones, it is crucial to possess a thorough understanding of the various laws and regulations about UAE offshore company formation. Bizvise, with strong connections to government authorities, offers expert assistance to swiftly establish your offshore company in Dubai. Our experienced team of professionals will assist you with the Dubai company formation and with a bank account in Dubai. Connect with us now and build your successful company in Dubai, UAE.
The cost of opening an offshore company in Dubai can vary based on several factors, including the jurisdiction chosen, the type of services required, and any additional services or features you may opt for. Different service providers and business consultants may also have varying fee structures. Here are some general cost considerations:
| Basic Package | 3,290 USD |
|---|---|
| Business package incl. bank account opening | 3,990 USD |
| Privacy Package incl. bank account and nominee service | 4,990 USD |
| Annual fee from the second year | from 3,090 USD |