+971 50 464 7399

info@momentumsetup.ae

Offshore Company Formation

  • Home
  • Offshore Company Formation
Request a Free Consultation

Let's Connect Now!

Free Consultation

Offshore Company Registration in Dubai, UAE

Setting up an offshore company in Dubai is gaining popularity, rivaling destinations like the Cayman Islands and the Bahamas. The city offers complete confidentiality of operations, enhanced asset protection, no tax obligations, making offshore business setup in Dubai a no brainer.

If you want to start a business, consider working with the offshore company experts at Momentum.

we-setup-your-business-right-away

Benefits of Offshore Company Formation in Dubai

Offshore companies offer huge tax saving benefits for their owners, along with increased protection of their business information and assets. Dubai is a popular destination for offshore business setup, with legislation supporting business growth.

expert guidance

100% Foreign Ownership

Offshore company setup in Dubai offers investors and entrepreneurs complete control and ownership of their business as there is no local sponsor requirement.
tailored solutions

No Corporate or Income Tax

Offshore companies do not have to pay corporate or income tax. Minimal tax obligations makes this location an attractive option. Businesses have the chance to maximize their revenue and stay tax compliant.
streamlined processes

Asset Protection & Confidentiality

A major benefit of offshore company formation in Dubai is enhanced protection of business assets. Company owners and shareholders can safeguard their assets from liability and protect their wealth.

expert guidance

Easy Global Trade & Investments

The UAE is positioned between Asia, Africa, and Europe, making it a prime location for international trade and investments. Offshore company setup in Dubai means easy access to the global market and long-term economic opportunities.
tailored solutions

No Office Requirement in UAE

If you set up an offshore company in Dubai, you don’t need a physical location to start your business. This removes the need to find office space that suits your budget, speeding up the set up process.
streamlined processes

Cost-effective Business Management

Offshore company formation in Dubai can be a cost-effective business setup as you can hire employees from anywhere in the world, and don’t have to sponsor a local visa for them.
The company's product quality certificate is compliant, the check mark symbol represents the standard quality control. Businesses and companies.

Features of Offshore Business Setup

banner-check

Incorporation in 2–5 Business Days

banner-check

International Banking Capabilities

banner-check

Multiple Currency Transactions Allowed

banner-check

No Requirement for Local Office

banner-check

Complete Confidentiality for Shareholders & Directors

banner-check

Simple Annual Compliance

Cost of Setting Up an Offshore Company in Dubai

Momentum offers offshore company formation packages ranging from AED 10000 to AED 20000 designed to help with license application, getting a certificate of incorporation, drafting an MoA, nominee services, opening a bank account, and assigning you a registered agent. We also offer accounting services to keep your business financially organized.

Influencing Factors

  • - Offshore jurisdiction (JAFZA, RAK ICC, Ajman Offshore)
  • - Number of shareholders and directors
  • - Additional services (banking, nominee services)

Breakdown

  • - Registration Fees: AED 6,000 – AED 12,000
  • - Registered Agent Fees: AED 3,000 – AED 5,000
  • - Bank Account Setup: AED 2,000+ (optional/add-on)

Estimated Range:

AED
10,000 - 20,000+

*Get in touch for a customized quote that’s based on your needs

Enquire Now

Types of Offshore Licenses

banner-check

Holding Company

For acquisition & management of assets

banner-check

Investment Company

For investment into businesses

banner-check

International Trading

For trading with foreign markets

banner-check

Property Holding

For acquisition & control of real estate properties

banner-check

Intellectual Property Ownership

For acquisition and control of intellectual property

banner-check

Shipping & Maritime Services

For activities related to shipping & maritime industry

Legal Structures for Offshore Companies

You can form an offshore company in Dubai with a minimum of one shareholder. If it is a corporate shareholder, all their documents must be attested.

There are no limits on the number of shareholders for an offshore company formation in Dubai. You will need at least one director and one secretary for the business, although these requirements may change based on the location of the business.

The UAE allows corporations to become shareholders in offshore companies. However, corporations are not allowed to be company directors in certain offshore locations (JAFZA). A business setup expert can help you navigate the rules.

Key Documents for Offshore Company Formation

For Individuals

  • Passport copy
  • Proof of address
  • Bank reference letter/CV (if required)
  • KYC Form

For Corporations

  • Parent Company Documents (License, MoA)
  • Board Resolution & PoA
  • Passport Copies of Shareholders/Directors

How to Set Up an Offshore Company in Dubai

01

Choose Offshore Jurisdiction & Business Structure

02

Reserve Company Name

03

Prepare & Submit Required Documents

04

Register with Offshore Authority

05

Receive Certificate of Incorporation

06

Open Offshore Bank Account

Why Choose Momentum for Offshore Company Setup in Dubai

Business setup as an offshore company can get complicated. Our consultants are highly familiar with the UAE’s offshore regulations and offer a hassle-free and efficient set up process experience. Momentum also keeps your information completely confidential and encrypted, maintaining your privacy.

business setup icon

Authorized Offshore Registered Agent

Momentum consultants are registered agents who are authorized to handle your offshore business setup in Dubai. They are well-versed in communicating with government authorities and can streamline the business setup process.
corporate bank accounts

End-to-End Company Formation Support

Our team provides complete support throughout your company formation, starting with recommending the best location for your business, applying for a trade license, to helping you open a bank account.
corporate bank accounts

Global Banking Assistance

Opening a bank account for an offshore company can be complicated, especially if you are not physically present in the country. Momentum maintains strong relationships with multiple banking institutions and can simplify the application process.
corporate bank accounts

Confidential & Secure Process

We take your privacy very seriously, and will maintain complete confidentiality when it comes to your shareholders business information. Our process is streamlined and secure, and we ensure that all your personal details are encrypted in our system.

FAQ

What is an Offshore Company in Dubai?

An offshore company is a business that is set up in a designated free zone and can only operate outside the country. It cannot trade with mainland businesses.

Free zone companies can only trade within their free zone and internationally, while offshore companies must keep their operations completely outside the UAE. Offshore companies also do not require a physical office space.

There are three offshore zones in the UAE, JAFZA (Jebel Ali Free Zone) in Dubai, Ajman Free Zone, and RAK ICC (Ras Al Khaimah International Corporate Center).

Offshore company formation in Dubai has a lot of advantages like no corporate tax, no physical location requirement, full repatriation of profits, and full confidentiality of shareholder information and business dealings.

Offshore companies do not have to pay corporate or personal tax in the UAE as their business activities are exempted from taxation.

Offshore companies can open a bank account in the UAE but it can be complex. It is recommended to use a registered agent to guide you through the entire offshore business setup process.

Offshore company setup in Dubai takes the following steps: choose a jurisdiction, pick a business activity, apply for a license, register with the offshore authority, and open a bank account.

An offshore license is a trade license issued by the relevant offshore authority that allows offshore companies to legally conduct their business activities.

Offshore companies are allowed to buy property in the UAE but they are restricted to certain designated zones. The rules for property purchase vary across Emirates, and are overseen by the Dubai Land Department.

It costs around AED 10,000 – AED 20,000 to open an offshore company in Dubai. Working with a business setup constant who specializes in offshore companies can simplify the process.

Offshore company formation in Dubai or UAE does not require a local sponsor, meaning foreign individuals get 100% ownership of their business.

To open an offshore bank account, you have to work with a registered agent to contact banking institutions to check whether they are willing to provide their services to your business. Then you can apply for an account by submitting the necessary documents.

Scroll to Top
Connect With Us

Get A Free Consultation

ROBIN PHILIP Profile
ROBIN PHILIP
Founder/Managing Partner

From setting a clear vision, making strategic decisions, fostering innovation, to leading a team to achieve goals, an effective leader plays a crucial role in guiding and steering an organization towards success. One such leader is Robin Philip, Founder and Group CEO of A&A Associate LLC. Robin began his career in the finance sector, working at a prestigious bank in India, where he discovered a passion for assisting individuals with their banking needs. Driven by a desire to support entrepreneurs and startups, as well as share his wealth of knowledge and experiences, Robin founded A&A Associate.

Initially, the focus of A&A Associate was on providing accounting and auditing services to companies in the UAE, addressing the increasing demand for such specialized services. Over time, under Robin’s leadership, the company evolved its services to encompass comprehensive business formation solutions in the UAE. This expansion covered a spectrum from licensing to liquidation services, reflecting Robin’s commitment to helping individuals worldwide realize their aspirations of establishing successful businesses in the UAE.

Robin Philip’s journey exemplifies the transformative power of visionary leadership, as he navigated from a banking career in India to founding and leading A&A Associate, playing a pivotal role in the growth and success of the company. Let’s hear from him.

Rohan Malhotra
ROHAN MALHOTRA
Founder / Chief Executive Officer

Rohan Malhotra is the Founder and CEO of Momentum Consultancy and the brain behind setting up a new age concept agency. Rohan comes with over 20 years of experience of working across countries both in the private and public sector.

Rohan started his career in the banking and financial services industry working across departments with some of the finest institutions like the Commonwealth Bank of Australia, ANZ, National Australia Bank and Commercial Bank of Dubai.

Prior to starting Momentum Consultancy, Rohan worked as a Trade and Investment Director with the Australian Federal Government, where he was responsible for attracting and facilitating foreign direct investment in the fintech, energy, mining and sectors between the UAE/GCC and Australia. With vast experience set across businesses and regions, he has helped multiple businesses scale in the region and across continents.

Rohan holds a Master of Business Administration from La Trobe University (Melbourne, Australia) majoring in Management Fundamentals, Marketing and Finance. Born and brought up in a business family, Rohan attained his schooling in Mumbai and Bachelor Degree in Business Management from Mumbai University (India) and he is well connected in the business and showbiz industry.

Together with his wife Francesca Bouwman, they have set up and successfully own other consultancy agencies and are actively involved in managing and running an NGO/boarding home in India. Under the name of Sneha Sadana, the project provides food, shelter, clothing and education to 86 under privileged and orphaned girls.