Dubai Offshore

Easy Offshore business setup in Dubai with the business experts at KWS Fintech Service

Offshore Business Setup in Dubai

“Offshore companies in UAE are also referred to as “paper” companies. An offshore entity is a wholly foreign-owned limited liability company. However, unlike an onshore company, it does not get a business or a trade license to carry out any business activity within the UAE. An Offshore company is known as a non-resident company because it can be owned by a person or an enterprise that lives anywhere in the world. One of the main reasons for Offshore business setup in Dubai is complete confidentiality over financial matters. If you think an offshore company is right for your business, let the experts at KWS FINTECH SERVICES help you through the business setup process.

Process for Business Setup in Dubai Mainland

If you’re ready to set up your company and start seeing the big benefits, there are several legal procedures that you have to go through. Here are the steps for business registration in Dubai Offshore

Companies Allowed in Offshore Dubai

As we mentioned earlier, there are over 20 Free Zones in Dubai that offer 100% foreign ownership and tax-free benefits. Some zones focus on certain industries, so you’ll have to make sure to do your research before choosing the right Free Zone for your business setup. Here are the most popular areas for Free Zone Business Setup in Dubai:

International Trading

Professional Services

Property Owning Companies

Copyrights, Trademarks, and Patents

Holding Companies

Documents Required

Benefits to Business Setup in Dubai Offshore

Low-cost setup of your international business entity
Quick and fast company registration
100% foreign ownership and duty exemptions available
Taxation benefits
No minimum capital requirement
Multi-currency bank accounts
No foreign currency restrictions

Benefits to JAFZA Offshore Business Setup

Low-cost setup of your international business entity
Quick and fast company registration
100% foreign ownership and duty exemptions available
Taxation benefits
No minimum capital requirement
Multi-currency bank accounts
No foreign currency restrictions

Dubai Offshore Formation with KWS Fintech Services

Offshore business setup in Dubai can be made easy when you partner with the experts at KWS Fintech Services. We will guide you through the entire process and make sure you meet all the proper requirements. Call us today at +97146086866 to get started on forming your dream company!

WHAT WE DO?

We are a leading consultancy and advisory firm with over 15 years of experience in facilitating international business and corporate solutions to help entrepreneurs around the globe. We provide one-stop business solutions and services that are required for business set up in Dubai and across all seven Emirates

HOW DO WE HELP?

We have a unique team of business setup consultants, lawyers, and PRO executives. We provide business set up consultancy services in all Free Zones, Mainland, and Offshore businesses anywhere in the UAE. We have strong relationships with government officials that will help provide a fast formation process.

WHY CHOOSE US?

We have helped thousands of entrepreneurs just like you successfully start their company from scratch. We offer everything you need for a seamless business journey. We provide the absolute best customer service because we put our clients first. We will customize our services to fit your exact needs.

Beyond Business Setup with KWS Fintech Service

We may be pros at business setup, but that’s not all we do! We are actually a business life-cycle specialist firm. We don’t just help you set your company up, we provide all the tools you need to keep it running successfully. Here are some of the corporate services that we offer at KWS Fintech Service:

Trademark Registration

It’s important to protect your work. We offer all the trademark services needed to keep your intellectual property safe. Our well-experienced and reliable team will keep your work safe from all thefts and abductions.

PRO Services

Legal paperwork can be time-consuming. Leave it to us! We offer PRO Services to help with the tedious legal paperwork so you can focus on your business.

Product Registration

If you plan to import, manufacture, re-export, and distribute a large number of products, then you may need to get them registered. This includes cosmetics, food, health products, and more. KWS Fintech Service can help make product registration a quick and easy process.

Company Liquidation

Liquidation can be a stressful process. But not with KWS Fintech Service, because we make the process an easy one. We will make sure you follow all the proper procedures for a fast liquidation.

Local Sponsorship

If you need help finding a local sponsor, our team has connections to some of the most reliable local sponsors in the UAE. Don’t trust just anyone with your company, let us help!

Bank Account Assistance

Having a bank account is a big advantage to doing business in Dubai Offshore. We can help you understand the requirements each bank has so you can choose the one that works best for your company. Then we quickly help you get an account established.

Business Centers

If you need office space for your company, we can help with that too! We have Business Centers located in prime spots around Dubai.

Frequently Asked Questions

What is a Dubai Offshore company?

A Dubai Offshore company, also known as a Dubai Offshore International Business Company (IBC), is an entity established in one of the offshore jurisdictions of Dubai, such as the Jebel Ali Free Zone (JAFZA) Offshore or the Ras Al Khaimah (RAK) International Corporate Centre (RAKICC). These offshore companies are primarily used for holding assets, international trading, and investment activities.

What are the benefits of setting up a Dubai Offshore company?

The benefits of establishing a Dubai Offshore company include 100% foreign ownership, tax exemptions, confidentiality of ownership, ease of company formation and administration, no requirement for a local sponsor or partner, and the ability to hold international assets and conduct global business.

Can a Dubai Offshore company do business within the UAE?

Dubai Offshore companies are primarily intended for conducting business activities outside the UAE. However, they can hold shares in other UAE companies, own real estate properties in certain designated areas, and maintain bank accounts in the UAE.

Can I obtain a residence visa through a Dubai Offshore company?

No, a Dubai Offshore company does not provide residency benefits. To obtain a residence visa in the UAE, you would need to explore other visa options, such as employment, business setup in the mainland or freezones, or property investment.

Can I open a bank account for a Dubai Offshore company?

Yes, Dubai Offshore companies can open bank accounts in the UAE and other international jurisdictions. The specific requirements and procedures may vary between banks, so it's advisable to consult with the chosen bank for the account opening process.

What is the process for setting up a Dubai Offshore company?

The process for setting up a Dubai Offshore company involves selecting the offshore jurisdiction (such as JAFZA Offshore or RAKICC), choosing a registered agent, submitting the necessary documents (including passport copies and proof of address) for the shareholders and directors, and paying the relevant fees. The exact process and requirements may vary between the offshore jurisdictions.