Starting a Dubai offshore company is one of the most effective ways for entrepreneurs, investors, and global businesses to legally optimize taxes, protect assets, ensure full profit repatriation, and maintain business privacy.
At First Idea Consultant, we have helped international clients from Europe, Asia, Africa, and the Middle East set up offshore companies in the UAE. With over 8 years of business setup experience, our team guides you through the process from choosing the right offshore jurisdiction to opening a corporate bank account and drafting legal documents.
What Is a Dubai Offshore Company?
A UAE offshore company is a legal business entity registered in a UAE offshore jurisdiction (RAK or ICC) that allows foreign investors to own 100% of the company without needing to reside in the UAE.
Unlike mainland or free zone companies, an offshore company
- Cannot conduct business inside the UAE
- Is primarily used for global business activities
- Enjoys zero corporate tax, zero income tax, and zero VAT on offshore operations
- Offers complete profit repatriation
- Ensures confidentiality and privacy
You can open a corporate bank account in:
Dubai
RAK & International banking partners (based on your requirements)
Who Should Choose a Dubai Offshore Company?
Based on our experience, offshore structures are ideal for:
- International traders
- Tech founders with global clients
- Property and asset owners
- Investors and holding companies
- Freelancers invoicing foreign clients
- Startups needing low-cost global business structures
Why Set Up an Offshore Company in Dubai?
Setting up an offshore company in Dubai comes with major financial and operational benefits, making it ideal for global entrepreneurs, holding companies, and investors.
UAE offshore jurisdictions do not impose corporate tax on income earned outside the UAE. This is why many global businesses choose Dubai as a tax-efficient headquarters.
Global real estate - Intellectual property - Shares in UAE or international companies - Investment portfolios - It provides legal separation between personal and business assets.
Move funds freely in/out of UAE without restrictions. Ideal for global traders and digital businesses.
Shareholder names, financials, and company documents are not publicly listed.
With First Idea Consultants, you’ll enjoy a easy and fast incorporation process backed by UAE’s trusted corporate setup experts.
Types of Offshore Licenses Available in Dubai
When forming an offshore company in Dubai, you can choose from several license categories depending on your activities
General Trading License
For import/export and global trade.
Investment License
For investment and wealth management purposes.
Consultancy License
For professional services such as legal, corporate, or management consulting
Intellectual Property License
For owning and protecting patents, copyrights, or trademarks.
Holding License
For managing assets, shares, and subsidiaries.
Corporate Legal Structures for UAE Offshore Companies
When setting up an offshore company in Dubai, you can choose from several legal structures based on your corporate goals. Each structure offers unique advantages, such as asset protection, tax efficiency, and the ability to operate globally. No matter which option you choose, offshore formation in the UAE provides strong benefits for international entrepreneurs.
An offshore LLC is ideal for business owners who want to separate personal and company responsibilities. With this structure, your personal assets are protected from company debts and legal claims. Additionally, offshore LLCs may enjoy tax advantages and flexible management options, making them a popular choice for global investors.
An International Corporate Company, or IBC, is designed for companies that operate outside the UAE. These companies are not allowed to trade within the UAE but can conduct business internationally. IBCs benefit from tax exemptions, low operational costs, and complete ownership control perfect for investors managing international trade, assets, or global investments.
Documents Required for Offshore Company Formation in Dubai
For Individual Shareholder
- Valid Passport Copy (minimum 6 months validity)
- Visa Page Copy (if applicable)
- Emirates ID (if applicable)
- Passport-sized Photos
- Personal Information Form
- 3 Proposed Company Name Choices
For Corporate Shareholder
- Certificate of Incorporation / Trade License
- Memorandum of Association
- Board Resolution for Company Setup and Authorized Signatory Appointment
- Ultimate Beneficial Owner (UBO) List
- Incumbency Certificate
- 3 Proposed Company Name Choices
- Passport, Visa & Emirates ID of Company Manager
Note: Document requirements may vary depending on the license and jurisdiction
Steps to Form Your Offshore Company in Dubai
Follow these essential steps to form your Dubai offshore company, covering documentation, approvals, legal drafting, and banking for global operations.
Choose between Offshore Firm, Offshore Trust, LLC, or IBC.
Prepare and submit all necessary documents for approval.
Once approved, receive your trade license and incorporation certificate.
We assist you in opening a UAE offshore bank account for global transactions.
Follow our step-by-step process to open a non-resident UAE bank account efficiently and securely.
Submit Application & Receive Documents
Submit your application and receive company formation documents on the same day.
Immigration Card & E-Channel Issued
Your immigration card and e-channel application are processed and issued.
Entry Permit & Emirates ID Process
Includes entry permit, change of status, medical test, and Emirates ID application.
Investor Visa Issued
You receive your investor visa — your offshore company is ready to operate.
Our Offshore Packages
We offer customized offshore company setup packages designed to suit your corporate goals and budget.
Frequently Asked Questions
Get clear answers to common questions about Dubai offshore company setup, including requirements, costs, timelines, banking, compliance, and allowed business activities.
- Do I need to visit UAE to open an offshore company?
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No. We can complete your entire offshore setup remotely.
- Can I do business inside UAE with an offshore license?
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No. Offshore is for global business only.
- Can a Dubai offshore company open a bank account?
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Yes. UAE banks allow offshore companies to open multi-currency corporate bank accounts, subject to standard compliance checks.
- Can I own property through a Dubai offshore company?
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Yes—JAFZA offshore companies can own property in designated areas in Dubai
- What is the renewal cost?
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Annual renewal starts from AED 8,000 depending on jurisdiction.
- How long does the setup take?
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Typically 5–7 working days
