Besides mainland and free zone companies, entrepreneurs also have the option to set up offshore companies in the UAE. For anyone thinking what is an offshore company – simply put, these are businesses that are registered in the UAE while carrying on operations outside the country. They are limited liability companies, which means its finances are well protected.
An offshore company is typically used for international trading, shipping, patents & international consulting, owning real estate, registering copyrights, or as holding companies. Within the UAE, there are three main territories where most choose to form offshore companies. These are Ras Al Khaimah International Corporate Center or RAK ICC, Jebel Ali Free Zone or JAFZA, and Ajman Free Zone or AFZ.
Depending on your business needs, you may choose to set up an offshore
company from one of these three options:
The requirements to set up an offshore business depends on where and how it’ll be formed.
The price for offshore company formation in the UAE depends on the chosen option.
This rate will also differ based on the business activities, number of shareholders, office space requirements, and other factors.
To get an estimate of your offshore company formation rates,
use our COST CALCULATOR
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