An offshore company in the UAE is the choice of many investors and business ownersbecause of its 0% tax, financial privacy, no currency controls and the ability to move funds abroad freely
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.
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.Learn more
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.Learn more
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.Learn more
Unlike classic offshore jurisdictions, the UAE is not considered a “tax haven” and is not included in the FATF “black” lists, which do not comply with international anti-money laundering requirements. United Arab Emirates’ legislation guarantees tax breaks, protection of investors' rights and freedom of capital movement. A UAE offshore company is primarily intended for international business activities and not the domestic market.
We will choose the right type of company and most suitable place of incorporation that will best meet your goals and business activity.
Fast processing through the legal procedures because of our trusted status and close contact with all relevant UAE licensing authorities.
Location solution in SORP BC required for company registration and compliance with Economic Substance Regulations.
When you incorporate an onshore company, we guide you through KYC compliance with your choice of leading UAE banks to assure success.
We help onshore company owners to obtain a tax residency certificate that protects from automatic tax information exchange (CRS).
Tax, administrative, legal, PRO and accounting support for operations in the UAE, and confirmation of ESR requirements.
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.
The only jusridiction that permits an IBC to own UAE real estate, it is also the most expensive offshore option.
Fastest registration process and fairly low-cost offshore company solution that protects beneficiaries.
Simple and budget-friendly solution that allows you to conduct offshore business activities outside the UAE.
If you are considering Jebel Ali Free Zone to register your company, it is important to take into account that, while appropriate for owning real estate in Dubai, it is also expensive. Possibly a better alternative would be to incorporate a professional local mainland company, 100% owned by a foreign investor, which can be used not only to conceal the owner of the property, but also to manage the assets and generate rental income.
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
Your requirements are unique. That is why we treat every business individually to tailor the right services to achieve your priorities.
We have helped thousands of clients acquire, build and develop businesses in the UAE
Assistance in choosing a bank that is suitable for your purposes, support with bank accounts opening and passing KYC procedures (know your customer).