How to register Dubai Offshore Company which is cheapest offshore company formation in Dubai by Best Dubai Offshore Agent
MAZ consultancy is best Dubai Offshore registered agent for Dubai Offshore company formation which is UAE leading group of financial consultants and legal consultants serving UAE local businesses and international business community for more than 7 years. MAZ Consultancy have secured a prominent status among the Dubai Offshore registered agents and set up Dubai offshore businesses in UAE. We have earned international reputation as the best Dubai Offshore consultants by focusing on high customer satisfaction and practical solutions. For consultation and Dubai offshore company formation package full details, please don’t hesitate to contact us or call on +971 55 4411036.
Who should setup Dubai offshore company? What is an offshore company in Dubai
Those investors who are planning to start businesses in United Arab Emirates (UAE), but their business plan or model didn’t intend to conduct any business in UAE, can set up offshore company in Dubai Offshore international registry service. Dubai offshore company services are particularly suitable for those businessmen who are looking for controlling or minimizing their corporate tax, better asset protection schemes or they are in need of establishing some foreign exchange control trading vehicle. Dubai Offshore company cost is very low and cheapest Dubai offshore registered agent fees are also low. Offshore company setup in Dubai gives international image to your business. Offshore company set up Dubai allows entrepreneur’s general trading activity and professional services in a single license. Don’t worry how to setup offshore company in Dubai but get ready to enjoy Dubai offshore company benefits.
What Documents are required for Dubai offshore company incorporation?
Following documents are required to incorporate Dubai Offshore Company registration in Dubai Offshore for individual shareholders
- Passport copies for formation of offshore company in Dubai (notarized)
- Bank Reference Letter addressed to Dubai Offshore authority (original)
- Original proof of residence, utility bill or municipality certificate
- Curriculum Vitae of Shareholder of Offshore company set up in DUBAI
- Six months bank statement for formation of offshore company in DUBAI
For Corporate shareholders of Dubai offshore company
- Parent entity’s copy of license or incorporation certificate (attested)
- MOA (attested) for formation of Dubai offshore company
- Shareholder Resolution to incorporate Dubai offshore company in Dubai Offshore (attested)
- Certificate of Good Standing of applicant company
- Passport copies of the directors and the shareholders
- Incumbency certificate of parent company
- If applicant’s company is again owned by another entity, the above mentioned documents will be required up to final level to get to know the initial beneficiary owner.
- Additional documents may be requested during the registration process
What is the Dubai offshore company incorporation package?
Our cheapest Dubai offshore company registration package start from USD: 2,300. This cheapest Dubai Offshore company setup package is best package for cheapest offshore company formation Dubai and includes following Dubai offshore services for one year.
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Note: Dubai Offshore company cost and Dubai offshore agent fees are paid after the Dubai offshore company documents are approved.
How to Register a Dubai Offshore company? Or how to register offshore company in Dubai?
How to setup Dubai offshore company is a frequently asked question? The answer is simple that you need to contact Dubai offshore registered agents. Dubai offshore has a list of Dubai offshore agents who are approved and registered agents of Dubai Offshore. The Dubai offshore agent will apply for name approval for your cheapest Dubai offshore company formation (which is cheapest offshore company registration in Dubai) along with documents. After approval, MOA and application forms will be signed and you will provide all the original documents for Dubai offshore company setup. Within one day Dubai offshore company setup with bank account application signing will be complete. Dubai offshore company incorporation with bank account opening in Dubai will be ready and operational in a week.
- Dubai Offshore business set up offers 100% ownership
- Dubai Offshore business setup enjoys 0% corporate, income and value added tax
- Dubai Offshore company registrations can be done remotely (No need to visit UAE)
- For offshore company registration Dubai, Physical Office is not required
- Dubai Offshore corporations can hold offshore company bank accounts in UAE or worldwide
- Dubai Offshore companies formation can hold shares in other UAE or worldwide companies
- For Dubai Offshore companies formation, non UAE residents can be director or shareholder
- Dubai Offshore company formations can be done by corporate shareholders and directors
- Dubai Offshore incorporation assures confidentiality of shareholder information
- Both local or expats UAE residents can act as shareholder, director or secretary in offshore company Dubai
- UAE Offshore companies in Dubai can owned assets in UAE with prior permission
- Dubai Offshore incorporation are not required to submit audited financial statements of the offshore company
- Dubai Offshore authorities are not member of the OECD and EU for information exchange about their citizens
- Offshore companies Dubai are not blacklisted offshore jurisdiction in OECD and EU as well
- JAFZA Offshore company authorities have no contract for exchange of information
- Offshore companies setup in Dubai offshore cannot have business with UAE resident entities and people and can’t apply for UAE resident visa
Frequently Asked Questions (FAQs) for Dubai Offshore Company
How to approve name for offshore company formations in Dubai
Dubai International Business Company (Dubai IBC) should use Limited or Ltd suffix to highlight the legal status of Dubai offshore corporation formation and bank account. Offshore companies in Dubai should not use the misleading words like UAE, Emirates, Dubai, University, School, Insurance, Bank, Financial, Insurance, reinsurance and Gulf etc. The investor of offshore holding company in Dubai should send us 3 to 5 suggested names of offshore Dubai Company. We will get approved the name for your offshore company setup in Dubai.
Registered offshore agents in Dubai or registered agents for Dubai offshore company setup
All the investors should contact company formation agents in Dubai. For that purpose Dubai offshore authority has a list of approved agents for Dubai offshore company registration. Our (MAZ Consultancy) UAE offshore company formation agents will play the key role of bridge between UAE offshore authority in Dubai and newly formed offshore corporation in Dubai. Dubai offshore company registration agents will maintain all the information of Dubai offshore company and will arrange for Dubai offshore company renewal. Dubai offshore company renewal costs are nominal along with registered Agents for Dubai offshore fees.
What is the minimum capital required to register offshore company in DUBAI?
Minimum share capital is not required for UAE offshore company’s registration in Dubai offshore. Offshore company Dubai can have any amount as share capital and should be disclosed in the Memorandum of Association of offshore company incorporation in Dubai. There is no requirement to deposit capital in Dubai offshore bank account for offshore company incorporation in Dubai.
Directors and Secretary of offshore companies in Dubai
For offshore companies in Dubai offshore, a minimum of one director and one secretary is required during the UAE offshore company formation but they can be corporate bodies. Dubai Offshore Agents will be maintaining a directors’ register for Dubai offshore companies but it is not public record. Both designations can be held by one person.
Local office address of offshore companies in Dubai
Dubai offshore companies should appoint one of Dubai offshore agents from the list of Dubai offshore agents. The Dubai offshore agents for offshore company registration in Dubai should provide their approved office address as new Dubai offshore company office address.
Accounting and Audit requirements for Dubai IBCs
All the offshore companies set up in Dubai should maintain their books of accounts throughout the year which should be audited annually and should be distributed to Dubai offshore corporation shareholders. But offshore companies Dubai are not required to submit audited financial statements with the Dubai Offshore authority.
How long it takes to set up Dubai offshore company?
If documents required to register Dubai offshore company are ready then usually it takes one day to setup Dubai offshore company.
Restrictions for offshore company Dubai
The Dubai International Business Company (Dubai IBC) or Dubai Company Offshore are not allowed to work in United Arab Emirates
Dubai Offshore companies are not allowed to apply for UAE resident visa
Dubai Offshore business set up is not allowed to lease office in UAE
Dubai offshore business registration cannot sponsor or not allowed to hire employees in UAE
DUBAI offshore company with bank account and Dubai Offshore banking
Dubai Offshore company bank account can be opened with all the UAE local bank with offshore banking facilities. Dubai offshore banking is having international level banks and Dubai offshore banking is cheap as compared to other international offshore jurisdictions.
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