Offshore Company Formation

Offshore companies, also known as International Business Companies (IBC), are non-resident entities incorporated in tax-free jurisdictions outside the UAE, but with a registered office in Dubai. They are governed by the laws of the jurisdiction in which they are incorporated and are not permitted to conduct business within the UAE.

These companies are typically used for holding assets such as real estate or intellectual property, as well as for wealth management purposes. They are ideal for individuals or businesses seeking asset protection, confidentiality, and tax optimization.

Shareholders of offshore companies are not eligible for visas or operating licenses, and these companies do not require physical office space. UAE offshore companies are issued a certificate of incorporation, but they are not permitted to conduct manufacturing, trading, or business activities within the UAE.

Offshore companies are commonly established by corporations, trusts, partnerships, banks, funds, and management firms to protect assets, minimize taxes, plan for the future, and participate legally in global investment opportunities.