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Dubai

Dubai represents a unique opportunity to the world today. It has a number of key advantages over other locations which, when combined, provide clients with the most confidential and secure offshore solution available anywhere. Dubai is an oil rich Kingdom in the Persian Gulf; one of the seven Emirates in the United Arab Emirates, and its largest city with over two million population. It is a progressive Muslim state with extensive commercial interests throughout the world. English is widely spoken. There are thousands of companies of every nationality in its industrial and Free Economic Zones and it has excellent infrastructure and communications.

Most notably, Dubai has risen in the past decade to become a leading resort destination in the world, attracting large worldwide tourism, sporting events, strategic conferences. Dubai is famous for its amazing feeds of engineering construction, including the Palm Jumeirah, Burj Al Arab, the 7 star hotel and Burj Khalifa, the tallest tower in the world. The UAE expects to set the stage for Expo 2020 and with that, will establish the region as the premier business hub of the future.

DUBAI FREE ZONES

Dubai has over 20 free zones in which a company can be formed, and each has its own rules and requirements for formation and regulation of such companies. A free zone company can only do business in the free zone or outside of the UAE. The most popular free zones are Dubai Technology, Electronic Commerce and Media Free Zone (TECOM), Dubai International Financial Centre (DIFC), Jebel Ali Free Zone Authorities (JAFZA), Jumeirah Lake Tower (JLT)/ Dubai Multi Commodities Centre (DMCC), Dubai World Central (DWC) and Dubai Airport Free Zone Authority (DAFZA).

DUBAI TECHNOLOGY, ELECTRONIC COMMERCE AND MEDIA FREE ZONE (TECOM)

TECOM Investments, a member of Dubai Holding was established in 2005 to manage a rapidly growing portfolio of business parks. Dubai Technology & Media Free Zone Authority (TECOM) is the sole independent regulator of Dubai Technology and Media Free Zone. TECOM is responsible for the establishment and registration of companies in TECOM, with the exception of Dubai Industrial City, where the registration and licensing is done by Dubai Department of Economic Development.

TECOM offers following licensing options in all its business parks:

  • Freezone LLC
  • Branch of a Foreign company or a UAE company
  • Freelancer

FREEZONE BUSINESS PARKS IN TECOM

TECOM Investments has more than ten Business parks hosting varied business communities catering to their business needs and opportunities. All the business parks are located and operated within the jurisdiction of Dubai Technology & Media Free Zone. We offer assistance to clients in setting up a company in any of the business parks within TECOM including assisting in investor & employment visas, full company administration & secretarial services as well as opening bank accounts.

DUBAI DESIGN DISTRICT

Dubai Design District, which is also known as D3, is the newest TECOM Investments' Free Zone business park dedicated to promote and nurture design, fashion and luxury industry and to promote local, regional and global design talent. Dubai Design District issues licenses for the activities such as Marketing, Fashion, Luxury, Interior, Furniture and objects, Design, E-Commerce, Beauty Care, Art, Freelancer etc.

DUBAI INDUSTRIAL CITY

Dubai Industrial City is a free zone developed to serve as catalysts for the growth and expansion of UAE's industrial sector. Businesses from Logistics, Manufacturing, Food and Beverage, Base Metal, Minerals, Transport and Equipment, Machinery and Mechanical Equipment, Chemicals and Community Support sectors can become part of the Dubai Industrial City.

DUBAI INTERNET CITY

Dubai Internet City is the Middle East and North Africa's largest Information and Communications Technology cluster. Businesses from the software sectors, internet and multimedia, telecommunication and network, IT service sectors may become part of Dubai Internet City business community.

DUBAI MEDIA CITY

Dubai Media City is the hub dedicated to the media industry attracting international and regional media brands. Dubai Media City business community includes Advertising & Communication, Media & Marketing Services, Media Support Services, Event Management, Event Support Services, Media Consultancy, New Media, Business Information, Freelancers, Association (Non Profit).

DUBAI KNOWLEDGE VILLAGE

Dubai Knowledge Village is the leading destination for Professional Training and Development, Human Resource Management and Executive Search in the region. Business sectors such as Human Resource Development, Executive Search, Content Development Centre, Assessment and Testing, Linguistics, Research & Development, Academic Service Provider, Human Resource Consultancy, Knowledge Village Freelancers etc. can become part of Dubai Knowledge Village.

DUBAI INTERNATIONAL ACADEMIC CITY

Dubai International Academic City is the world's largest free zone dedicated to Higher Education offering accredited certificate, diploma, undergraduate, post graduate and PhD programmes.

DUBAI OUTSOURCE ZONE

Dubai Outsource Zone is a free zone dedicated to Business Process Outsourcing (BPO), HR Outsourcing, IT Outsourcing, back office and call center operations and also range of shared services organisations, such as airlines, banks and hospitality companies. Companies providing outsource services for customer care services, telemarketing and telesales, billing and payment services, customer relations management systems, office operations functions etc., can set up their base in the Dubai Outsource Zone.

INTERNATIONAL MEDIA PRODUCTION ZONE

International Media Production Zone is a free zone launched to cater needs of the printing, publishing and packaging industries. Businesses from the sectors such as Printing Machinery and Printing Consumable Manufacturing, Printing Press, Packaging, Publishing, Graphic Arts Support Services, Storage, Designs etc., are allowed to join and obtain license from the International Media Production Zone.

DUBAI STUDIO CITY

Dubai Studio City is a free zone designed to specifically support broadcast, film, television and music production companies in Middle East Region. The business activities permitted to obtain license in the Dubai Studio City includes Broadcasting TV, Broadcasting Radio, Broadcast Support Services, Braodcast Service Providers, Broadcasting Consultants, Animation, Film Support Services, Production (Film/TV and Radio), Music and Entertainment, Themed Amusement and recreation activities etc.

DUBIOTECH

Dubai Biotechnology and Research Park, which is commonly known as Dubiotech, is a free zone developed to facilitate industries in the field of biotechnology, pharmaceutical, medical and scientific devices, industrial biotech, food and agricultural industries. Dubiotech allows the business sectors such as Therapeutics, Food, Agricultural, Forestry, Horticulture, Environment, Medical/Scientific Devices or Equipment, Specialty Supplies, Diagnostics and Analysis, Life Science Services, Life Science Associations (Non Profit) to be the part of their business community.

ENPARK

Energy and Environment Park is a tax-free business park, a free zone created to facilitate the needs of the environment and renewable energy industry. Business sectors such as Renewable Energy, Energy, Energy Efficiency Equipments, Air and Environment, Water and Waste water, Recycling and Solid waste, Transportation, Green building, Organic products are allowed to operate under Enpark's licenses.

DUBAI MULTI COMMODITY CENTRE (DMCC)

DMCC, a Government entity established in 2002, by an decree issued by His Highness Sheikh Mohammed Bin Rashid Al Maktoum, Prime Minister, Vice President of the UAE and Ruler of Dubai. DMCC was established to create a Commodities Centre to stimulate trade flows through the Emirate by providing the physical, market and financial infrastructure required.

Apart from acting as a Commodity Centre, DMCC is also a free zone attracting number of companies worldwide by providing the right platforms to grow their businesses. DMCC Free Zone is located on Sheikh Zayed Road and is in close proximity to Jebel Ali Free Zone and ports, Al Maktoum International Airport, and Dubai Logistics Corridor.

The Dubai Multi Commodity Centre Authority (DMCCA) is the sole Authority who issues licenses and implement rules and regulations governing the Centre. DMCC permits all the business activities ranging from General Trading, Consultancy, Information Technology, Advertising, E-Commerce (DMCC) etc., under its licenses, subject to the rules & regulations applicable to the Centre.

DMCC companies have relatively simple application forms and require a basic business description or plan and standard corporate documents to be submitted. The application forms and supporting documents can be prepared within a day or two, but the corporate documents must be legalized, which can require two weeks to a month. It takes about six to eight weeks to obtain the trade license (depending on the number of government approvals required and complexity of the license required), unless problems are encountered or issues are raised. We will guide you through the incorporation process and we will provide precise instructions on the corporate documents required and assist with their preparation.

JEBEL ALI FREE ZONE

Jebel Ali Free Zone is a largest and one of the oldest business community free zone in the region was created by a Government decree on 9th February 1985. The Jebel Ali Free Zone Authority is responsible for the formation, registration and regulations of the companies formed in JAFZA.

JAFZA allows formation of Free Zone Companies (FZCo), Free Zone Establishment (FZE) and Branch of a Company. The type of license you require to operate in JAFZA will depend upon the business activity you intend to engage into. JAFZA covers wide range of business licenses covering trading, service and industrial business activity.

JAFZA also offers a range of products specifically designed to meet variety of needs including Plot of Land, Warehouses, Showrooms, Customised Development Centre, Offices, Business Parks, Retail Outlets etc. JAFZA has been specifically designed to cater the unique needs of manufacturing and trading companies. We can assist you in JAFZA Free Zone company formation, Investor & Employment Visas, full Company Administration & Secretarial Services and also in opening a Bank Account.

DUBAI WORLD CENTRAL (DWC)

Dubai Aviation City Corporation (the "Corporation") is a wholly-owned Government of Dubai company established by Dubai Law No. 8/2006 (as amended). The Corporation is responsible for the development and operation of Dubai World Central ("DWC"), a 140 km2 development in Jebel Ali, Dubai, centred around the new Al Maktoum International Airport.

The integrated master plan of Dubai World Central is comprised of eight districts: Logistics, Aviation, Al Maktoum International Airport, Humanitarian, Residential, Commercial, Leisure, Exhibition and Commercial. DWC is strategically situated in the southern part of Jebel Ali, connected to the Jebel Ali Port via the Logistics Corridor.

DWC provides options for formation of either a new legal entity as a Limited Liability DWC Free Zone Company with designation 'DWC LLC' or a Branch company of an entity lawfully existing outside of the DWC Freezone. Various Licenses such as Logistics license, Industrial license, Trading license, Service license, Education license are available for Free Zone Enterprises operating within DWC. We can assist you in DWC Free Zone company formation, Investor & Employment Visas, full Company Administration & Secretarial Services and also in opening a Bank Account.

DUBAI AIRPORT FREE ZONE AUTHORITY (DAFZA)

Dubai Airport Free Zone is a leading free zone service provider is the Middle East provides integrated business solutions to the global business community. DAFZA was officially established by the Government of Dubai, pursuant to Law No.2, 1996. DAFZA is located next to Dubai International Airport and has world class facilities and infrastructure catering needs of the business community.

Dubai Airport Free Zone Authority is responsible for the formation, registration and regulations of the companies formed in DAFZA. The business entity type options in DAFZA include formation of Free Zone Establishments (FZE) and Branch of an existing company. Each type of entity offers different options and benefits matching the specific business requirements of businesses. DAFZA offers choice of premium office for rent on annual basis and Light Industrial Units for warehousing and factory purposes. Investors planning to conduct their business activities within DAFZA are required to establish their legal presence and obtain business license appropriate for the activities they propose to undertake.

DAFZA issues Trade License, Service License and Industrial license depending upon business activities the company undertakes. DAFZA permits most of the business activities ranging from General Trading, Consultancy, Information Technology, Light Manufacturing, Processing, Assembling and Packaging, etc., under its licenses, subject to the rules & regulations applicable to the free zone. We can assist clients in setting up a company in DAFZA including assisting in Investor & Employment Visas, full Company Administration & Secretarial Services and also in opening a Bank Account.

DUBAI INTERNATIONAL FINANCIAL CENTRE (DIFC)

The free trade zone called Dubai International Financial Centre has made the emirate of Dubai an enticing destination and the offshore banking business has prospered. Dubai provides banking privacy, which is better than Switzerland's, and a lifestyle which is better than Monte Carlo and it has become a new playground of the rich and famous. Property developments of staggering proportions such as the Palm, two man made islands, which will house 80 hotels and several thousand residential units, have made Dubai THE location for high net worth individuals to live and work and for all individuals to locate their offshore assets to Dubai.

The DIFC was established as a financial free zone in the emirate of Dubai by a federal decree number 35 in the year 2004. The DIFC operates on a unique legal and regulatory framework with a view to creating an optimal environment for financial sector growth. The Centre has its own civil and commercial laws including Companies Law, Contract Law, Arbitration Law, Insolvency Law, Collective Investment Law, Special Purpose Company Regulations, Data Protection Law.

The DIFC focuses on several sectors of financial activities:

  • Banking Services (Investment Banking, Corporate Banking & Private Banking);
  • Capital Markets (Equity, Debt Instruments, Derivatives and Commodity Trading);
  • Asset Management and Fund Registration;
  • Insurance and Re-insurance; Islamic Finance & Professional Service Providers.

The Registrar of Companies (ROC) is responsible for incorporating and registering all types of companies from financial institutions to non-financial registrants intending to operate in the DIFC. The Registrar of Companies (ROC) maintains a public register of all these entities. Any entity intending to operate in the DIFC must be incorporated or registered with the Registrar of Companies (ROC) under the relevant DIFC laws. The Registrar of Companies(ROC) will review and process applications of registrants seeking to establish a presence in the DIFC in accordance with the Companies Law, the General Partnership Law, the Limited Liability Partnership Law, or the Limited Partnership Law, and the implementing regulations applicable thereto. We can assist clients in setting up a company in DIFC including assisting in Investor & Employment Visas, full Company Administration & Secretarial Services and also in opening a Bank Account.

UAE Offshore Company

UAE is well known as a major Global Financial Center but is perhaps less well known as an Offshore Center. Regulations were passed in 2003 establishing the basis for the Jebel Ali Free Zone Offshore Companies, Operating under the Jebel Ali Free Zone Authority (JAFZA). Regulations were also passed in 2006 by the Ras Al Khaimah Free Trade Zone Authority establishing the RAK Offshore Companies. Ajman Offshore formation is under Regulations of Ajman Freezone Authority. The legislation, which governs Dubai Offshore Companies, was enacted in Jebel Ali Free Zone (Jafza) in Dubai in May 2003. It provides for a secure environment for investors without the levels of unnecessary intrusion and bureaucracy found in other offshore jurisdictions. The Offshore Companies established under above Offshore Company regulations are free of all taxes, both profit and capital gains, and may be 100% owned by foreigners. As such, the UAE Offshore company can operate exactly like a regular Offshore Company in the usual jurisdictions.

The main advantage of a Dubai Offshore Company is that it is not a tax haven, not on any black list, has no exchange of information treaties and is a fully confidential jurisdiction. It is essentially the Premier Offshore Company location as it can be used anywhere without question, in completely privacy. You will have a prestigious office address in Dubai and you may open a bank account in Dubai or elsewhere. Being midway between the Far East and Europe, Dubai is strategically placed as an offshore centre uniting the business worlds of the Far East and Africa. The banks offer convenience and security as well as Islamic banking options, while also being known for both economic and political stability.

Main activities of the UAE Offshore Company includes:

  • General Trading;
  • Consulting and Advisory Services;
  • Holding Company (Buy/Hold/Sell stakes of companies);
  • Investments and Joint Investments Company;
  • Property Owning;
  • International services;
  • Professional Services;
  • Shipping and ship management companies.

JEBEL ALI FREE ZONE OFFSHORE COMPANY (JAFZA OFFSHORE)

JAFZA, under Jebel Ali Free Zone Offshore Companies Regulations, 2003 allows the formation of an offshore Company by individuals or corporate bodies, as a non-resident company, having a corporate legal entity with limited liability. The Regulations are made by the Chairman of the Dubai Ports, Customs and Free Zones Corporation in accordance with the authority given to him by Dubai Laws Nos. 1 and 4 of 2001.

REGISTRATION

The Registrar is the final authority to accept or reject the registration of a JAFZA offshore company. Upon registration, an Offshore Company registration number will be allotted and registration certificate will be granted.

RESTRICTION ON ACTIVITIES

The JAFZA offshore company is restricted to undertake the following activities:

  • (a) Any business with persons resident in the United Arab Emirates;
  • (b) Own an interest in real property situated in the United Arab Emirates;
  • (c) Banking business, business as an insurance or re-insurance company, insurance agent or insurance broker; or
  • (d) Any other business which may, by regulations made by the Authority, be prohibited by the Authority.

PERMITTED ACTIVITIES include

  • (a) Professional contact with legal consultants, lawyers, management companies, accountants and auditors;
  • (b) To hold shareholders and Directors meetings in the UAE;
  • (c) To hold a lease of property for use as registered office or owns real property in the Palm Islands or Jumeirah Islands or any properties owned by Nakheel Company LLC or any other real property approved by the Authority;
  • (d) To hold an account in a Bank in the UAE for the purpose of conducting its routine operational transactions;
  • (e) To become shareholders of Freezone & Limited Liability Companies.

CORPORATE REQUIREMENTS

Name

A name which is identical or similar to a company already incorporated or any other government, insurance, royal, imperial or any other name that may imply that a company intends to undertake undesirable activity is not allowed. The name of an offshore company should not be misleading or otherwise undesirable and it must end with the word 'Limited'.

Shareholders of the Company

The minimum number of shareholder is one who can be of any nationality. Shareholders may be either a natural person or a corporate entity. Details of the shareholders are not a matter of public record but every offshore company must keep the register of members and enter in it names and addresses of its members, details of shares held by each member, date on which each person was registered as member and date on which each person ceased to be a member. There is no restriction on maximum number of shareholders in a JAFZA offshore company.

Share Capital of the Company

JAFZA offshore are normally incorporated with an authorized share capital of AED 10,000 with par value. The authorized share capital must be expressed in AED. The minimum share capital is one hundred shares of AED 100 each. JAFZA does not allow issue of different classes of shares and also bearer shares. It is upto the discretion of the shareholders to decide on offshore company's capital structure. All the shares must be fully paid up when allocated.

Registered Office / Agent

The registered office must be maintained in the United Arab Emirates at the office of a licensed Registered Agent.

Directors of the Company

The minimum number of directors is two and it should be a natural persons. They may be of any nationality and need not be resident in the UAE. Every JAFZA offshore company shall have a Secretary. Every JAFZA offshore company shall keep at its registered office a register of its directors and secretary, which shall contain such particulars, as the Registrar shall prescribe.

Memorandum & Articles of Association

The JAFZA Offshore Company must adopt a set of Memorandum and Articles of Association (M & A) for incorporation purpose as prescribed by the Registrar. The articles shall make provision for:

  • (a) The transfer of shares;
  • (b) A general meeting of the offshore company at least once in each year;
  • (c) The book keeping of its accounts and laying of financial statements before general meetings of the offshore company;
  • (d) An audit of the accounts of the offshore company at least once in every year by an auditor appointed by the general meeting; and
  • (e) The number of members required to constitute a quorum at any general meeting of the offshore company.

Meetings of Shareholders and Directors

Every JAFZA offshore company need to hold the General Meetings and Board Meetings periodically as per the JAFZA Offshore Companies Regulations. The meeting may be held anywhere in the world and also in the UAE. Every Company shall cause minutes of all proceedings at shareholders meetings, meeting of its directors and of committees of directors to be entered in books kept for that purpose, and the names of the directors present at each such meeting shall be recorded in the minutes. When a meeting of the shareholders is held, a proxy may represent a shareholder and speak at the meeting; but, unless the articles otherwise provide, a proxy is not entitled to vote except on a poll.

Corporate Amendments/Alterations

Subject to the provisions of the JAFZA Offshore Companies Regulations, an offshore company in JAFZA may amend/alter its Articles of Association, Change its name, Increase, consolidate, sub-divide or cancel its shares, change its Registered office or Registered Agent etc.

Bank Accounts

The JAFZA offshore Company can open bank accounts with all banks operating in Dubai for the purpose of conducting its routine operational transactions and also in other jurisdictions.

RAK FREE TRADE ZONE OFFSHORE COMPANY (RAK OFFSHORE)

RAK Free Trade Zone Authority provides an International Business Company (IBC) regime, which is popularly known as the RAK Offshore Company. The RAK Offshore Company is perfect for any kind of business that does not require the necessity for a local office.

In September 2006, Ras Al Khaimah Government launched an offshore facility, the second in the UAE after Jebel Ali, which is regulated by the Ras Al Khaimah Free Trade Zone International Companies Regulations 2006. RAK Offshore allows any non-resident individual to open a company in RAK as an offshore entity.

REGISTRATION

The Registrar is the final authority to accept or reject the registration of a RAK offshore company. Upon registration, an International Company registration number will be allotted and incorporation certificate will be granted. Any one or more persons may apply for the incorporation of an International Company/Offshore company with limited liability by signing and filing with the Registrar an application for incorporation and also all other documents as prescribed by the Registrar.

RESTRICTION ON ACTIVITIES

The RAK offshore company is restricted to undertake the following activities:

  • (a) Any business with persons resident in the United Arab Emirates;
  • (b) Banking business, business as an insurance or re-insurance company, insurance agent or insurance broker in the UAE or the Zone; or
  • (c) Any other business which may, by regulations made by the Authority, be prohibited by the Authority.

PERMITTED ACTIVITIES include:

  • (a) Professional contact with legal consultants, lawyers, management companies, accountants and auditors;
  • (b) To maintain books and records within the Zone;
  • (c) To hold shareholders and Directors meetings in the UAE;
  • (d) To hold an account in a Bank in the UAE for the purpose of conducting its routine operational transactions;
  • (e) To hold assets in area of the Zone designated by the Authority.

CORPORATE REQUIREMENTS

Name

A name which is identical or similar to a company already incorporated or any other government, insurance, royal, imperial or any other name that may imply that a company intends to undertake undesirable activity is not allowed. The name of a RAK offshore company should not be misleading or otherwise undesirable and it may end with the word 'Limited' or 'Incorporated' or the abbreviation "Ltd." or "Inc.".

Shareholders of the Company

The minimum number of shareholder is one who can be of any nationality. Shareholders may be either a natural person or a corporate entity. Details of the shareholders are not a matter of public record but every offshore company must keep the register of members and enter in it names and addresses of its members, details of shares held by each member, date on which each person was registered as member and date on which each person ceased to be a member. There is no restriction on maximum amount of shareholders in a RAK offshore company. Further, no person shall be recognised by the International Company as holding shares upon trust.

Share Capital of the Company

RAK offshore are normally incorporated with an authorized share capital of AED 1000 with par value. The authorized share capital must be expressed in AED. The minimum share capital is one share of AED 1000 each. Subject to the Regulations, shares may be issued with such rights, powers, preferences or restrictions as per the Resolution passed by a RAK offshore Company.

RAK offshore allows issue of bearer shares to the extent permitted by the Regulations. The bearer shall be a registered agent duly approved by the Authority. It is upto the discretion of the shareholders to decide on offshore company's capital structure. All the shares must be fully paid up when allocated.

Memorandum & Articles of Association

The RAK Offshore Company must adopt a set of Memorandum and Articles of Association (M & A) for incorporation purpose as prescribed by the Registrar which is known as the Standard Memorandum and Articles.

Registered Office / Agent

The registered office must be maintained in the United Arab Emirates at the office of a licensed Registered Agent.

Directors of the Company

The minimum number of director required to set up an RAK offshore company is one and it should be a natural persons. They may be of any nationality and need not be resident in the UAE. Every RAK offshore company shall have a Secretary. A director may act as a Secretary. Every RAK offshore company shall keep at its registered office a register of its directors and secretary, which shall contain such particulars, as the Registrar shall prescribe.

Meetings of Shareholders and Directors

Every RAK offshore company needs to hold the General Meetings and Board Meetings periodically as per the RAK International Companies Regulations. The meeting may be held anywhere in the world and also in the UAE. Every Company shall cause minutes of all proceedings at shareholders meetings, meeting of its directors and of committees of directors to be entered in books kept for that purpose, and the names of the directors present at each such meeting shall be recorded in the minutes. When a meeting of the shareholders is held, a proxy may represent a shareholder and speak at the meeting; but, unless the articles otherwise provide, a proxy is not entitled to vote except on a poll.

Corporate Amendments/Alterations

Subject to the provisions of the RAK International Companies Regulations, an offshore company in RAK may amend/alter its Articles of Association, Change its name, Increase, consolidate, sub-divide or cancel its shares, change its Registered office or Registered Agent etc.

Bank Accounts

The RAK offshore Company can open bank accounts with all banks operating in Dubai for the purpose of conducting its routine operational transactions and also in other jurisdictions.

AJMAN FREE ZONE OFFSHORE COMPANY (AJMAN OFFSHORE)

Ajman Offshore Company is regulated in detail by Ajman Free Zone Offshore Companies Regulations, 2014. These Regulations are issued by Ajman Free Zone in accordance with the authority conferred by the Amiri Decree No. (2) issued in the year 2014. Ajman Offshore has some similarities with the offshore companies from other jurisdictions; however, there are also some substantial differences. Just like any other offshore jurisdictions, it offers a Zero Taxation System and the company's confidentiality/privacy & security are kept intact. Other features include:

  • No requirement of renting an office or industrial premises;
  • No trading within the UAE;
  • No registration in Chamber of Commerce;
  • No residence visa for founders and directors. Shareholders and/or directors of an Ajman Offshore are not automatically eligible to obtain a UAE residence visa from the offshore company set up.

Once company name & activity approvals are obtained, and all incorporation documents are submitted, the Offshore Authority will register the Company's Articles and issue Certificate of Incorporation. The Ajman offshore Company can open bank accounts with all banks operating in Dubai for the purpose of conducting its routine operational transactions and also in other jurisdictions.

We offer assistance in setting up offshore companies in UAE Jurisdiction and also assistance in opening a bank account. Shareholders/Directors need not come to UAE for setting up an offshore company. We will prepare all the documents and will send the soft copies for signatures. All the signed documents can be couriered to our office and from there; we will take care and register the company.