Mainland Company Formation or Free Zones are all about setting up offices or industries in the UAE, either as independent entities or as branches of the foreign office.

In addition to these, UAE offers a third option where global MNCs, or even an overseas company based out of a single country, can setup offshore operations in UAE. Being midway between the Far East and the West, UAE is the ideal location for a virtualized office or company setup. Unlike Mainland and Free zone companies which come with various restrictions, Offshore companies do not have any restriction, and are ideal for overseas companies who would like to invoice their international clients, from UAE. This helps them overcome trade and taxation barriers in their home country (or other countries), thereby increasing their reach to a global market and also optimize the cost of their offerings.

Further, all physical assets and revenue accrued from the Offshore operations are fully protected with no restrictions of any kind.

Other Benefits

  • 100% Foreign Ownership is allowed, and shareholders need not be a UAE national
  • 100% Protection for physical assets and revenue accrued from Offshore operations
  • Company can have and operate multiple-currency bank accounts in the UAE
  • Office setup can be virtual; and it’s not mandatory to have an office space
  • There are no limits to the capital or investments being made
  • No accounting or auditing as per UAE laws is required
  • Partners or employees need not have residence visas
  • The company’s ownership pattern and other details can be maintained confidentially
  • There is no physical transfer of funds required to incorporate the offshore company
  • No restrictions on how much Foreign Exchange is procured, spent or reserved
  • Easy access to labour in the UAE with no restrictions on recruitment

Thanks to these benefits, the cost of setting up or maintaining an offshore company in the UAE is significantly low

Ideally suited for….
Offshore operations in Dubai are ideal for the following types of businesses:

  • General trading of goods across industry categories
  • International Consulting or Advisory Services
  • Professional Services such as Medical, Legal, Advertising, etc
  • Shipping, Dockyard and Ship-management companies
  • Brokers and Agents, across different categories of businesses
  • Real Estate and Property Owning (as per UAE laws)
  • Investment, Joint Investment and Wealth Management Companies
  • Holding Company: Buying, Holding, Selling stakes of companies

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