Dubai is one of the leading destinations in the world for entrepreneurs and investors looking to establish offshore companies. Known for its business-friendly policies, tax benefits, and global connectivity, Dubai offers a seamless process for setting up an offshore entity. Choosing the right Dubai offshore company formation services ensures a hassle-free and legally compliant setup.
In this guide, we’ll explore the benefits, process, documents, and costs of offshore company formation in Dubai.
What is an Offshore Company in Dubai?
An offshore company is a legal business entity registered in Dubai for the purpose of conducting business internationally, outside the UAE jurisdiction. Offshore companies are widely used for:
- International trade
- Asset protection
- Holding companies
- Tax planning and wealth management
- Intellectual property protection
Unlike free zone or mainland companies, offshore companies cannot carry out business activities within the UAE market.
Benefits of Dubai Offshore Company Formation
Setting up an offshore company in Dubai provides several advantages:
- 100% foreign ownership with no local sponsor required
- Zero corporate and income tax on offshore profits
- Full repatriation of capital and profits
- Confidentiality of company ownership and structure
- Quick and cost-effective incorporation process
- Access to international banking and financial services
Key Offshore Jurisdictions in Dubai
Dubai has two major offshore jurisdictions where companies can be incorporated:
- Jebel Ali Free Zone Authority (JAFZA Offshore)
- Located near Jebel Ali Port and Al Maktoum International Airport
- Allows property ownership in designated areas
- Well-suited for holding companies and international trading
- Ras Al Khaimah International Corporate Centre (RAK ICC Offshore)
- Cost-effective jurisdiction
- Popular for asset protection, holding, and tax planning
- Flexible corporate structure options
Steps for Dubai Offshore Company Formation
Step 1: Choose the Jurisdiction
Select between JAFZA Offshore or RAK ICC Offshore, depending on your business needs.
Step 2: Select a Registered Agent
Offshore company formation must be done through an approved registered agent in Dubai.
Step 3: Reserve Trade Name
Choose and reserve a company name that complies with UAE naming rules.
Step 4: Submit Documents
Prepare and submit all necessary documents to the offshore authority.
Step 5: Receive Certificate of Incorporation
Once approved, you will receive the Certificate of Incorporation and company documents.
Documents Required for Offshore Company Formation
- Passport copies of shareholders and directors
- Proof of residence (utility bill/bank statement)
- Bank reference letter
- Proposed company name and activities
- Shareholder and director details
Cost of Offshore Company Formation in Dubai
The cost depends on the jurisdiction and service provider. On average:
- RAK ICC Offshore: AED 8,000 – AED 12,000
- JAFZA Offshore: AED 10,000 – AED 15,000
These costs typically include incorporation, documentation, and registered agent fees.
Why Choose Offshore Company Formation Services in Dubai?
Professional Dubai offshore company formation services provide:
- Expert guidance on legal compliance
- Assistance with documentation and approvals
- Trade name registration support
- Opening of offshore bank accounts
- Ongoing corporate services and renewals
Final Thoughts
Dubai offers one of the most flexible and secure environments for offshore business setup. By using professional offshore company formation services in Dubai, you can ensure a smooth process, protect your assets, and enjoy the UAE’s international reputation as a global financial hub.