iZone Business

Offshore Company Setup in UAE

Establishing an offshore company in the UAE provides businesses with the flexibility to open bank accounts within the country. However, it’s important to understand the limitations: offshore entities cannot obtain work visas or maintain a physical office presence onshore. 

These companies are primarily used as holding entities, strategically designed for international operations. By leveraging the UAE’s favorable financial, legal, and tax environment, offshore licenses offer significant advantages for global business activities.

Alternative Offshore Jurisdictions

British Virgin Islands (BVI)

 The British Virgin Islands is a top offshore destination with a robust financial sector, extensive banking options, and efficient telecommunications, hosting over 750,000 companies.

Jebel Ali Free Zone Authority (JAFZA)

JAFZA is a top free zone supporting the UAE's business hub status, hosting 7,500+ companies from 135 countries. It offers strategic access to MENA markets and global connectivity.

 

Ajman Free Zone (AFZ)

Founded in 1988, AFZ focuses on health, education, tech, retail, and F&B sectors. It offers flexible payment plans and smart offices, facilitating global business expansion.

 

Advantages of Setting Up an Offshore Business in the UAE

Affordable Setup

Launch your business with minimal startup costs, making it a cost-effective choice.

Rapid Incorporation

Benefit from a swift and straightforward incorporation process, reducing bureaucratic hurdles and allowing you to start operations quickly

Significant Tax Savings

Take advantage of exceptional tax benefits, including no corporate or income tax, which helps maximize your earnings and promotes financial growth.

Efficient Capital Use

Avoid the necessity for paid-up share capital, reducing financial obligations and increasing operational flexibility.

Multiple Banking Options

Open and manage multiple bank accounts to streamline fund management and increase financial flexibility for your business activities.

Strategic Global Reach

Leverage the UAE’s strategic location to access global markets and support seamless international expansion with an Offshore Business License.

Process