Company Formation in UAE Offshore

Enjoy 100% of company ownership with easy Offshore Company Formation in UAE with MSZ Consultancy

Are you looking for a confidential way to do business in the UAE while still having all the benefits the country offers to entrepreneurs? Then Offshore company formation could be just right for you. An Offshore Company can be owned by an individual or enterprise that does not carry out business in its country of origin. This type of company cannot have office space in the UAE. Offshore company formation is a popular business choice for complete confidentially over financial matters. With this company type, you still get all the benefits of business in the UAE like no taxes, the ability to open a bank account in the UAE, international exposure, and more. Offshore company formation UAE is a quick and easy process that can be made hassle-free with the help of the experts at MSZ Consultancy.

How Do You Form an Offshore Company in the UAE?

With the tax-free benefits, easy setup, and other financial advantages, it’s no wonder offshore company formation UAE is such a popular choice for entrepreneurs. This business type provides all basic and advanced amenities for your business. So, how do you get started? Keep reading for the steps for UAE Offshore Company Formation.

Get the company’s name

The first step is getting your name, and business activity approved. There are several requirements for a name, it can’t have certain words like Chamber of Commerce, Emirates, bank, and more. MSZ Consultancy can help make sure your name meets the requirements.

01

File your application for offshore company formation

Fill out the business application and turn in the required documents. Here are the standard documents you will need for this process:

  • Attested passport copies of individual shareholders
  • Proof of residency for shareholders
  • Business plan with details of your business activities
02

Submit your MOA

A Memorandum of Association needs to be in English and be approved by authorities.

03

Create a bank account

Once all the documents have been approved by authorities, you can open up a bank account for your business.

04
Create a bank account
Documents Required


FOR INDIVIDUAL

  • Attested copy of your passport
  • A bank reference document
  • Your personal profile
  • Residential proof
  • Approved company name
  • Details of shareholder or owner
  • Details on activities that will be performed

 

FOR MULTIPLE CORPORATE ENTITIES

  • Certificates proving the good standing of the company, and the registration
  • Memorandum of Association
  • Bank reference document
  • Board resolution (regarding the formation of an offshore firm)
  • Attested parent company certificate

 

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Create a bank account
Businesses Allowed with an Offshore Company

An Offshore business is registered in the UAE by a foreign person, but the business is run from another country. An example of this is an international travel agency or a company that imports goods. Here’s a list of some of the companies that can be carried out by an offshore company in the UAE:

  • Advisory services
  • Consulting services
  • General trading activities
  • Owning property
  • Shipping
  • Ship management
  • Buy, holding, or selling stakes of companies
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Create a bank account
Why You Should Form Your Company in UAE Offshore?
  • No income tax, personal tax, and corporate tax
  • Complete privacy and confidentiality
  • No need for a physical office in UAE
  • No need to carry on business within the UAE
  • No minimum capital requirement
  • Low operational costs
  • No foreign currency restrictions
  • Proximity to the Gulf and global markets
  • Ability to maintain bank accounts in the UAE
  • Ability to issue multiple classes of shares
  • Minimum one Director and Shareholder required
  • 24 Hour incorporation time (subject to all documentation being received)
  • Wide availability of company names
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Locations for UAE Offshore Company Formation

When deciding on an area for UAE offshore company formation, you’ll have to take into consideration that each jurisdiction has its own regulations and requirements. There are three different offshore areas to choose from.

RAK Offshore Company Formation

Ras Al Khaimah Offshore Company formation is one of the most popular locations for entrepreneurs. It is known as a modern registration office with international recognition. RAK offshore company formation is cost-efficient and has tax exemption benefits. It provides businessmen with total banking security and privacy. RAK Offshore company formation is perfect for investors who want to set up a company quickly, at a lower cost.

Ajman Offshore Company Formation

The easy incorporation and trustworthy reputation of Ajman Emirate has made this jurisdiction one of the most sought-after offshore locations in the world. Obtaining licenses in Ajman Offshore Company is cost-effective, and the process is hassle-free. There are multiple visa options for a business set up in Ajman Offshore. These non-resident companies will not get an operating license, but will only get an incorporation certificate.

Dubai Offshore Company Formation

There are immense ways to set up your business in the UAE. An Offshore company setup in Dubai can be owned by individuals or enterprises that do not carry business in its country of origin. One of the main reasons for offshore company formation in Dubai is that it has complete confidentiality over financial matters. The Offshore company registration remains lucrative due to tax benefits, bank account opening in the UAE, international exposure, etc.

Dubai Offshore Company Formation
Features of Offshore Company Formation in UAE

Setting up an offshore company is a great way to gain profit and grow your business. Here are some of the features of having an offshore company in any Emirate.

  • No requirement for a corporate resident
  • You do not need a local sponsor
  • You have easy access to a bank account in the UAE to maintain deposits
  • No requirements to maintain books and records
  • You won’t need to get a physical office space
  • There’s not a requirement for a resident visa
  • You can own real estate property in UAE
  • There’s no requirement for shareholder or business owner to physically be in the UAE for the company formation process
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Easy Offshore Company Formation in UAE with MSZ Consultancy

There are so many great benefits for offshore company formation in the United Arab Emirates. If you’re ready to have 100% ownership of your business while enjoying the tax benefits offered in the UAE, then you need to give us a call! MSZ Consultancy has expert knowledge in all company formation in the UAE. We will guide you through the entire process to guarantee an easy and quick offshore company formation in the UAE. What are you waiting for? Get started on forming your dream company with the help of MSZ Consultancy today! Call us at +971 52 544 1248 for a FREE consultation!

WHAT WE DO?

The experts at MSZ Consultancy are experienced in all types of company formation in the UAE. We will help you through the entire process and make sure that you have all the proper paperwork and have met all the rules and regulations. We will also offer any legal and financial advice that you need. We start forming your company from scratch and give you the knowledge you need to succeed.

HOW DO WE HELP?

We offer a wide range of services for your company formation, including company registration with the Ministry of Economy, UAE Immigration Department, UAE Immigration and Labor Departments, Chamber of Commerce, and any other department that is required for your business activity. We also offer translation services, visa registrations, and more!

WHY CHOOSE US?

There’s no doubt about it, we provide the best service you’ll get. We offer customized start-to-end solutions for company formation that are tailored to meet your exact needs. After we get your Offshore company setup, we can also provide financial, legal, and corporate services. So, we won’t just be there for the beginning of your company, we can stay around to help it run successfully.

Trademark Registration

We offer trademark registration, renewal and amendments, and trademark protection. We also help with web domain registration, renewal, copyright help, and anything else related to protecting your work.

Local Sponsorship

We can help you find a well-experienced, skilled, and reliable person to use as a local sponsor for your company. This person requires 51% of shares in your company.

PRO Services

MSZ Consultancy will take care of the legal paperwork so you can focus on the core of your business. We help with license renewals, visas, labor contracts, and more.

Bank Account Assistance

Although it’s an easy process to open a bank in the UAE, there are several requirements you will have to meet in order to open an account. We will make sure you have all the required paperwork and documents needed so you can open your account without any issues.

Product Registration

Food, cosmetics, and health products have to be registered before you start your company. We can help with product registration.

Business Centers

If you need an office in the UAE, we have strategically located spaces throughout the country and can help you find the perfect place for your business.

Company Liquidation

Liquidation can be stressful. We can guide you through the process and make sure you meet all the legal requirements needed for easy company liquidation.

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