OffShore Company Setup
UAE Offshore Company Zones
There are three main offshore jurisdictions in the UAE authorized to issue offshore company licenses:
- JAFZA Offshore
- RAK ICC
- Ajman Offshore
There are three main offshore jurisdictions in the UAE authorized to issue offshore company licenses:
Benefit | Description |
---|---|
100% Foreign Ownership | No local sponsor or UAE national needed |
Tax-Free Jurisdiction | No corporate tax, capital gains tax, or personal income tax |
Asset Protection | Legal separation of personal and company assets |
Privacy & Confidentiality | Shareholder details are not public |
Low Setup & Maintenance Costs | Especially in RAK and Ajman |
Multi-Currency Bank Account | Global banking access |
Quick Setup | 2–7 days, depending on jurisdiction |
Jurisdiction | Setup Fee (via Compliance World) | Annual Renewal | Bank Account Support |
---|---|---|---|
RAK ICC | AED 5,500 – AED 6,500 | AED 4,000 | Included |
Ajman | AED 5,000 – AED 6,000 | AED 3,500 | Included |
JAFZA | AED 12,000 – AED 14,000 | AED 10,000 | Included |
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