Offshore
Open an Offshore company in the U.A.E. and benefit from multiple tax advantages, complete financial anonymity and asset protection
In the U.A.E., you can start an offshore company with three entities, the Jebel Ali Free Zone (JAFZA), RAK ICC and the Ajman Free Zone. With an offshore company, you can open business accounts in multiple currencies and carry out international business, but you will not be allowed to carry business within the U.A.E.
Despite this restriction, offshore companies bestow a number of incredible advantages:
- No corporate or income taxes
- No import/ exports taxes
- Complete anonymity for all company shareholders and directors
- Asset and legal protection
- Fast business setup
- Low maintenance cost
List of Offshore Zones & Prices
JAFZA
Price starting from
3540 USD
AJMAN FREEZONE
Price starting from
2180 USD
RAK ICC
Price starting from
2720 USD
License Registration
After you choose your business activities, we collect all shareholder documents that will be needed in order to register the company. Depending on the entity, some additional information might be required, but the main ones are:
- Shareholder’s passport copies
- Proof of address
- Shareholder’s personal bank statement
- Company Business plan
- Shareholder’s Curriculum Vitae
Ariston Companies Formation will submit all of the documents and fill all required forms in order to make the company’s incorporation as fast as possible, with a minimal input from your part.
Corporate Bank Account Opening
While with an offshore company you are free to open multiple foreign accounts, most professionals choose to open a United Arab Emirates business bank account.
This allows you to take advantage of the unique UAE taxation liberties. After the collection of all required documents, we manage the rest of the process so that you can continue to focus on setting up your business.
It takes between fifteen days to a month to open a new corporate account, depending on the bank and the client’s range of activities.
Residence Visas
No Residence Visas can be issued with an offshore company license. The company cannot operate within the U.A.E. , so the shareholders themselves cannot become residents through it.
Sponsorship
Unlike some mainland licenses, an offshore company can have 100% foreign ownership and does not require a Local sponsor or a Local Service Agent.
United Arab Emirates Taxation
National taxation rules do not apply to Offshore companies. Since January 2018, by virtue of royal decree, the U.A.E. government has made a mandatory 5% VAT to all kinds of businesses with few exceptions.
However, Offshore companies are completely exempt from from this, and remain tax- free to this day.
Registered agents
