Other Emirates

Commercial licenses are issued for onshore and free zone companies only. As for offshore companies, a certificate of incorporation is issued by the UAE authorities. Offshore companies can conduct foreign transactions, but they must operate within a licensed jurisdiction

The incentive policies pursued by the UAE government, in addition to tax advantages, play an important role in attracting foreign investors to establish offshore companies

To establish an offshore company, the applicant is required to provide a copy of their passport, proof of residency, details of shareholders in the company, and other required documents to the offshore company registrar for approval and issuance of the certificate of incorporation. An offshore company is allowed to open bank accounts in the UAE or abroad. While setting up an offshore company is easy, the process requires the assistance of a registered agent to register the company. Business setup consultancy services in Dubai or any other city in the UAE can help you complete the procedures quickly and smoothly.