Offshore company formation in UAE, Dubai

RAK ICC or Ajman Offshore Company Incorporation

United Arab Emirates Emirates is a prestigious jurisdiction for the incorporation of the company, where a 0% corporate tax regime exists.

Incorporation: up to 10 working days +delivery time for the courier


Minimum paid up capital: no minimum capital requirement


Overview:


United Arab Emirates (UAE) is located in the Western Asia and has ranked as 9th in the top of the World’s richest countries. At the same time, UAE is included in the top that lists the most convenient countries where to establish and maintain the business. Being in such an enviable position, UAE has introduced the 0-corporate income tax zone, which makes it even more attractive place for both new and experienced businessman. Both RAK and Ajman offshore zone offer a favorable environment regarding the set-up of new businesses. When considering where to set-up the company, it should be remembered that process in Ajman takes slightly less time comparing to RAK. However, the main factor for the time frame is the productivity of original signed documents to be delivered back to Dubai.
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Name check + + +
Company incorporation
+ + +
  • Name check and approval
  • Filling incorporation documents with the Registrar of Companies
  • A standard set of original corporate documents
  • Payment of the government fee
  • Provision of registered agent and registered address for one year
Local secretary + + +
Government fees + + +
Registered office for 1 year + + +
Delivery of original documents - + +
Apostilled documents
- - -
  • The United Arab Emirates (UAE) is not a member of the Hague Apostille Convention, therefore there are no Apostilles available. 
Nominee director and shareholder
- - +
  • This service is required if you do not want your name to appear in the corporate documents or in the government registry. For this purpose, we will appoint another person or entity that will act on your behalf and for your interests and benefit. Such a relationship will be legally based on Power of Attorney and Trust Declaration. Despite Power of Attorney not being publicly available, such service does not guarantee 100% confidentiality. In case of request from public authorities the information about actual beneficial owner may be disclosed.
Total amount:
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Key requirements to start a business in UAE (Dubai, Abu Dhabi)

Company
Services
Requirements

General information

Company structure:

  • Minimum 1 director (no nationality restrictions)
  • Minimum 1 shareholder (no nationality restrictions)

Capital

  • No minimum capital is required

Taxation

  • 0 corporate income tax

Other benefits

  • 100% ownership
  • Can be formed by one individual
  • Bank account in Dubai
  • No public records
  • Easy to liquidated anytime
  • Can do multiple activities

Bank account opening:

  • Clients are required to come to Dubai for a personal visit with the Banks;
  • There are different minimum deposit requirements depending on the bank;
  • Additional documents such as business plan, supporting documents of financial transactions may be required.

Incorporation

  • Application for reservation of company name;
  • Preparation and submission of the application and documents to the Registry;
  • Incorporation of the company;
  • Opening of the bank account of the client's choice.

Please note that Memorandum & Articles of Association needs to be signed by the Shareholders and returned in original to our office. 

Documents

KYC for Ajman Offshore companies:

  • Certified Passport
  • Recent Proof of Residential Address

CDD for RAKICC:

  • Certified Passport
  • Recent Proof of Residential Address
  • Bank reference Letter
  • CV 

All documentation must be provided in English language or translated to English by a professional and certified Notary Public.