Offshore company incorporation
in the UAE

An offshore company in the UAE is the choice of many investors and business owners
because of its 0% tax, financial privacy, no currency controls and the ability to move
funds abroad freely

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Unlike the Caribbean and others, the UAE is whitelisted by global and national financial authorities and services. This provides credibility and superior asset protection, complete financial privacy and tax benefits. Fast to set up remotely via an agent like SORP, a UAE offshore company can be owned by just one foreign shareholder, which can be an individual or a corporate body. With no minimum capital requirement, it is 100% exempt from import, export, income and corporate taxes. There are restrictions, however, and opening a local bank account is not easy.

Choose a company type that best matches your business activities and objectives

Local Company

Mainland UAE-registered company that is free to conduct any type of business activity both in the UAE and abroad.

The company type most trusted by UAE banks as well as international institutions and trading partners. Requires a local UAE partner, who can be a nominee with no executive involvement or rights. Work with governmental bodies and on bids.
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Free Zone Company

Onshore legal entity incorporated in one of many of the UAE’s Free Trade Zones in order to conduct mostly international business.

Onshore status, 100% foreign ownership with no local partner required. Can open the UAE bank accounts, operate internationally and within the FZ. Restrictions apply to operating in local UAE markets.
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International Business
Company (IBC)

An offshore company that is a low-cost but effective tool used for international business or protecting assets and owner privacy.

Simple buisness structure that provides beneficiary confidentiality, tax benefits and asset protection. Generally restricted to international operations with some exceptions. Can be used to establish onshore UAE companies.
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SORP Group has solutions for registering all types of UAE-based companies

Your business model

We will choose the right type of company and most suitable place of incorporation that will best meet your goals and business activity.

Company registration

Fast processing through the legal procedures because of our trusted status and close contact with all relevant UAE licensing authorities.

Registered address in Dubai

Location solution in SORP BC required for company registration and compliance with Economic Substance Regulations.

Opening a bank account

When you incorporate an onshore company, we guide you through KYC compliance with your choice of leading UAE banks to assure success.

Tax residency status

We help onshore company owners to obtain a tax residency certificate that protects from automatic tax information exchange (CRS).

Back-office services

Tax, administrative, legal, PRO and accounting support for operations in the UAE, and confirmation of ESR requirements.

Features and constraints of a UAE offshore International Business Company (IBC)

An IBC can be incorporated in three jurisdictions in the UAE, each with its own corporate policies and features. It is a classic offshore legal entity both in terms of the structure and the possibilities provided by law. Unlike onshore companies (Mainland Companies and Free Zone Companies), an IBC has significant limitations on its operations and there are a number of drawbacks.

May not conduct business within the UAE

There is no mainland activities licensing option. They
must be conducted through a branch or subsidiary.

Does not qualify for a tax residency visa

Owning an offshore company does not provide an
opportunity to obtain resident visas.

May not rent premises in the UAE

Offshore companies are not allowed to rent offices
and commercial premises in the UAE.

Opening a bank account is very difficult

Banks typically have low regard for offshore
companies and may require a large deposit

May not avail of International agreements

Offshore companies cannot be used as a tool for
international tax planning.

Must confirm Economic Substance in the UAE

An IBC engaged in business activities must
demonstrate Economic Substance locally in the UAE.

Choosing the best Free Zone to register your offshore company

Jebel Ali Free Zone in Dubai

The only jusridiction that permits an IBC to own UAE real estate, it is also the most expensive offshore option.

Ajman Free Zone in Ajman

Fastest registration process and fairly low-cost offshore company solution that protects beneficiaries.

RАК Free Zone in Ras-al-Khaima

Simple and budget-friendly solution that allows you to conduct offshore business activities outside the UAE.

Key features of the UAE mainland company’s professional license

  • Individual approach

    We will guide you with expert professional advice on how best to organize your offshore structure as well as personalized solutions to meet your goals, such as optimization of your international business.

  • Fast registration

    We will incorporate your company within 3 working days. If you need to start the business immediately, we can speed up the process and register the company or make changes to the company structure in just 1 day.

  • Registered address

    SORP Group is the only authorized registering agent that provides a registered address for offshore companies in its own Business Center in one of the most prestigious areas of Dubai.

  • Comprehensive solutions

    Professional services by SORP Group - administrative, accounting and secretarial support for your company. We know how to save you time and money so that you can focus on strategically important tasks.

  • Acknowledged experts

    We are proud to have worked successfully with a great number of clients. We help you create a reliable and secure business structure. We provide full legal support and assist you in all phases of business development.

SORP Group provides a whole package of support and solutions for incorporating in the UAE

  • Complete business

    We will conduct market research, identify potential competitors and also review relevant legislation. We will source and suggest facilities suitable for your business.

  • PRO business

    We act on your behalf with UAE government agencies for issuing resident visas to partners, staff and their families, and obtaining all licenses, registrations and permits.

  • Local nominee

    We will provide a nominee director and / or shareholder with limited rights, so that transfer pricing will be excluded and beneficiaries will be concealed.

  • Preparing an audit

    We will provide an audit of the existing accounts and generate reports to confirm transactions when making international transfers.

  • International tax

    We design optimized tax solutions for international business within the full scope of UAE legislation, drawing on our wide experience in this field.

  • Economic Substance

    We help fulfil proof of economic substance (ESR) based on the registered address of company, its localized decision making and management, and tax compliance.

SORP Group has the right level of experience and expertise to ensure your UAE business is a success

Comprehensive services

SORP offers comprehensive support for acquired companies and their shareholders: from licensing, maintaining Bank accounts to obtaining the status of a tax resident of the country

Individual approach

Your requirements are unique. That is why we treat every business individually to tailor the right services to achieve your priorities.

15 years of successful work

We have helped thousands of clients acquire, build and develop businesses in the UAE

Banking support

Assistance in choosing a bank that is suitable for your purposes, support with bank accounts opening and passing KYC procedures (know your customer).

Our expert articles will help you run your business more efficiently

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