No operations in the UAE ? Offshore company formation in the UAE is the way!
Looking to establish a business with zero operations in the UAE? Offshore company formation in the UAE provides a cost-effective and flexible solution for international entrepreneurs. Enjoy the benefits of a tax-efficient structure, full ownership, and access to global markets without the need for a physical presence.
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What is Offshore Company Formation in UAE?
Offshore company formation in UAE allows businesses to register a company in one of UAE’s offshore jurisdictions without the need for a physical office or local presence. These companies can operate globally, conduct international trade, and hold assets.
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100% Foreign Ownership
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Tax Benefits
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Easy Profit Repatriation
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Minimal Regulatory Requirements
4 Key Jurisdictions
What are my options to Incorporate my Offshore company?
In the UAE, you can incorporate an offshore company in the following key jurisdictions.
Jebel Ali Free Zone (JAFZA)
Located in Dubai, JAFZA is one of the most popular offshore jurisdictions in the UAE, offering a wide range of benefits like full foreign ownership, tax exemptions, and easy access to global markets.
Ajman Free Zone
Ajman provides a straightforward and affordable offshore company formation process with tax advantages, full foreign ownership, and no need for a physical presence.
Ras Al Khaimah International Corporate Centre (RAK ICC)
Known for its low-cost setup and minimal regulatory requirements, RAK ICC offers privacy, asset protection, and flexible structures for businesses operating internationally.
Free Zones in Dubai
Free zones in Dubai offers registration options in all activities including Crypto, financial markets & products, trading, media, IT, and creative industries, providing ease of operation, tax exemptions, and global market access.
How can ScaleX add value?
Expert advise on Offshore company incorporation
Structural advisory
Expert advice on choosing the optimal business structure for your UAE incorporation, aligned with your specific business goals and regulatory requirements.
Home jurisdictional compliances
Comprehensive advisory services on RBI Overseas Direct Investment (ODI) for Indian nationals, along with guidance on FIRPTA, OFAC, AML, FEIE, CFC, FBAR, and other regulations for U.S. nationals.
Transfer pricing & XBRL
Specialized consultation on Transfer Pricing guidelines relevant in both the UAE and your home jurisdiction, including guidance on XBRL reporting compliance for effective financial transparency.
Cross border tax advisory
In-depth guidance on the UAE's Corporate Tax regime, Value Added Tax (VAT), and insights on Double Taxation Avoidance Agreements (DTAA) to optimize your tax position.
Business licenses & Residential visa
Expert advice on obtaining the necessary business licenses and residence visas required for seamless operation in the UAE, ensuring compliance with local regulations.
ESOP & FDI advisory
Receive strategic guidance on structuring Employee Stock Ownership Plans (ESOPs) and planning effective Foreign Direct Investment (FDI) strategies from the UAE for sustainable growth.
Request a discovery call
Connect with one of our business consultants to review your business plan in depth and explore how we can guide you through a compliant and efficient setup process.
For Resident Indians
RBI - ODI Compliances for Indian founders & businesses
The Reserve Bank of India has put forth guidelines for foreign investments from India via FEMA regulations, 2022. Being a tax resident in India, an Individual/a body corporate must abide by this regulation while setting a business outside the country. ScaleX Business with its team of expert consultants and advisors can help you navigate and be compliant with these regulations.
Add on services
Get started. Pick an accounting plan that suits your business.
Not expecting much transactions in the first year?
You may choose the basic accounting plan to get started and upgrade later. Need a custom quote ? Feel free to contact us.
Accounting Basic
Suitable for small companies with an expected yearly transaction of 100 line entries overall.
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Upto 100 line entries a year
Line entries are in and out transactions combined.
- Upto 50K AED in revenue
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Accounting & Book-keeping
The upper limit for this is 100 line entries (Debit & credit together)
- VAT Compliance
- Flexibility to switch to other plans (Prorated)
Accounting Pro
Suitable for companies with expected yearly transaction of upto 400 line entries in a year.
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Upto 400 line entries a year
Line entries are in and out transactions combined.
- Upto 800K AED in revenue
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Accounting & Book-keeping
The upper limit for this is 400 line entries (Debit & credit together)
- VAT Compliance
- Flexibility to switch to other plans (Prorated)
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MIS Reporting
Monthly review call
- Corporate Tax Consultation
Incorporation timeline
Steps to set up an Off shore company in the UAE
Here’s a step-by-step timeline to guide you through setting up a off shore company in the United Arab Emirates. From securing approvals to finalising your trade license, this process will help you establish your business smoothly and efficiently.
01.
Very important
Check if you are allowed to setup a business abroad
Certain countries have restricted or has kept complex reporting mechanisms to control and to keep in check foreign investments made by its residents. Being a founder setting up abroad, you have to have full knowledge that you are complying to those home jurisdictional compliances while setting up in the UAE.
Note: Certain countries prevent setting up a foreign company and or impose hefty penalties for violation.
02.
Choose the Right Legal Structure for Your Business
"Selecting the right legal structure for your UAE offshore company is essential for maximising benefits. Whether you choose a Free Zone or offshore setup, you gain full foreign ownership, tax exemptions, and global market access. Make the right choice to optimize operations, protect assets, and ensure long-term success."
03.
Securing an offshore corporate bank account
Opening an offshore bank account in the UAE offers businesses secure, convenient access to international banking services. It enables smooth transactions, asset protection, and the ability to manage global finances with ease. With no restrictions on currency, offshore bank accounts help streamline your financial operations and enhance business flexibility.
04.
Preparing Legal Documents and Drafting Contracts
We guarantee that all legal documents and contracts are expertly prepared and fully compliant with the regulatory requirements of the UAE.
05.
Start operations
Once all the steps are complete, you may start operations in your newly incorporated mainland company.
How much does it cost?
Cost of setting up an offshore company in the UAE
The cost of setting up an offshore company in Dubai can vary depending on factors such as the type of company, required services, and professional fees.
On average, expenses typically range from AED 1800, though the final cost will depend on your company’s specific needs and requirements.
Get started. Set up your offshore company in the United Arab Emirates
Why an Off shore company?
Benefits of Opening an off shore company in the UAE
"Opening an offshore company in the UAE offers benefits like full foreign ownership, tax exemptions, and global market access. With minimal regulatory requirements and easy profit repatriation, UAE offshore jurisdictions provide a cost-effective solution for international businesses. Enjoy asset protection, privacy, and streamlined operations with an offshore setup in the UAE."
