Offshore Company Formation

Offshore Company Formation Services in Dubai

In Dubai, offshore companies are permitted to establish bank accounts within the UAE, but they are restricted from obtaining work visas or establishing physical offices within the country. These offshore licenses are commonly utilized as holding corporations, primarily aimed at conducting operations in foreign jurisdictions to leverage financial, legal, and tax benefits. Dubai specifically allows offshore companies operating within free zones, like JAFZA and RAKICC, to engage in real estate transactions.

As distinguished agents for Dubai offshore company formation, GAAP Associates provides exceptional services for setting up offshore entities. Our comprehensive offerings cover everything from corporate and business documentation to bank account setup and license application procedures. Throughout the process, we liaise with relevant authorities on behalf of our clients to ensure the smooth establishment and management of their offshore companies in the United Arab Emirates.

Documents Needed for Offshore Company Formation

For Corporate Entity Shareholders

• Incorporation Certificate Copy or Trade License
• Notarized Original Board Resolution
• Memorandum of Association
• Passport Copy – Directors, Company Secretary, and Shareholders
• Certificate of Good Standing of the Parent Company
• Notarized and Attested Power of Attorney

Individual Shareholders

• Passport Copy
• Bank Reference Letter (Original)
• Curriculum Vitae of shareholder
• Proof of Residence
• Ultimate Beneficiary Details

 Advantages

• Low start-up expenses
• Fast incorporation procedure
• 100% tax-free, 100% permissible foreign ownership
• No paid-up share capital and no need for an audit
• Multiple bank accounts

GAAP Associates helps with offshore company formation in Dubai, offering full services. Get help from experts to set up your company and save time and money.