Expert Offshore Company Formation in Dubai with Virtue Corporate Services
Looking to expand your global footprint or manage international wealth securely? Establishing an offshore company in Dubai is a smart, cost-effective solution for international entrepreneurs, investors, and holding entities. Whether you’re protecting assets, minimizing tax exposure, or simplifying cross-border operations, an offshore entity offers complete financial confidentiality and international credibility.
Explore seamless offshore company setup in Dubai with Virtue Corporate Services, your expert guide for business licensing, PRO services, and end-to-end support.
Explore offshore company formation in the UAE with Virtue Corporate Services—your trusted advisor for compliance-led, seamless incorporation in top UAE offshore jurisdictions.
Let Virtue Corporate Services help you navigate the process with ease. Get started on your Offshore Business Setup in Dubai Today!
Key Statistics – Offshore Company in Dubai
Offshore companies in the UAE are non-resident entities registered with authorities like Jebel Ali Free Zone Authority (JAFZA) and RAK International Corporate Centre (RAK ICC). These companies cannot conduct business within the UAE but are ideal for international trade, holding assets, and tax planning. UAE Offshore Snapshot (2025):
Advantages of Setting Up a Offshore Company in Dubai
100% foreign ownership
International business credibility
Full confidentiality of shareholders and directors
Asset protection and estate planning
Ideal for holding intellectual property, real estate, or shares
Zero corporate and personal tax
Access to multi-currency UAE bank accounts
No physical office requirement in the UAE
Fast incorporation and minimal documentation
Cost-effective annual renewals
Offshore company setup is a great fit for investors who want a Dubai address with a global scope—all without the overhead of local operations.
Why Set Up Your Offshore Company with Virtue?
At Virtue Corporate Services, we ensure your offshore company is registered efficiently and compliantly. With our end-to-end guidance, legal support, and international bank account setup assistance, your process of offshore company setup becomes easy.
What We Offer to Support Your Offshore Company Setup in Dubai
Our Offshore company Setup Services Include:
- Tailored jurisdiction selection (RAK ICC or JAFZA)
- End-to-end offshore incorporation support
- Confidential and secure document handling
- Access to top-tier UAE banking partners
- Ongoing compliance and renewal reminders
Cost of Setting Up an Offshore Company in Dubai
Offshore company setup costs vary depending on the jurisdiction (RAK ICC or JAFZA) and the required services such as bank account assistance, nominee services, or multi-currency features.
Types of Offshore Licenses in the UAE
While offshore companies are not licensed for UAE onshore business, they can perform the following types of permitted activities:
| Company Type | Ideal For |
|---|---|
Holding Company |
Perfect for owning shares in other companies, real estate, or IP rights internationally |
Investment Company |
Ideal for managing global investment portfolios and venture assets |
Consultancy & Advisory Services |
Used for offering global advisory services, excluding any UAE-based operations |
Shipping & Maritime |
Used by ship owners or leasing firms for international shipping operations |
Required Documents for Offshore Company Formation
| Document | Details |
|---|---|
Passport Copies |
Valid passport of shareholders and directors |
Proof of Address |
Utility bill or bank statement (within the last 3 months) |
Bank Reference Letter |
For KYC purposes |
Curriculum Vitae (CV) |
Business background of the shareholders |
Shareholder Declaration Form |
Provided by the registration agent |
Proposed Company Name |
At least 3 name options for approval |
Description of Business Activity) |
Outline of intended offshore operations |
LSA Agreement (if required) |
For specific activities still requiring a local service agent |
Note: Virtue Corporate Services will handle all documentation, approvals, and notarization for you.
Start Your Offshore Journey Today
Take your business global with a Dubai-based offshore company. Get expert advice and reliable offshore structuring from the UAE’s trusted consultants.
Frequently Asked Questions
An offshore company in Dubai is a non-resident business entity that is incorporated for the purpose of conducting international operations. These companies are typically registered under jurisdictions like RAK ICC or JAFZA, and are not permitted to trade within the UAE but can own assets and operate globally.
Key advantages include:
- 100% foreign ownership
- 0% corporate and personal income tax
- Confidentiality of shareholders and directors
- No physical office requirement in the UAE
- Global business operations and multi-currency banking
- Asset protection, estate planning, and holding company structure
Yes, offshore companies can open multi-currency business bank accounts in the UAE. However, banks may require enhanced due diligence and documentation. At Virtue Corporate Services, we assist you in selecting the right bank and preparing all required paperwork.
No. Offshore companies are not permitted to conduct business within the UAE mainland or free zones. They are designed for international trade, investment holding, and global structuring—not local operations.
The two main offshore jurisdictions in the UAE are:
- RAK International Corporate Centre (RAK ICC) – Known for flexibility and cost-effectiveness
- Jebel Ali Free Zone Authority (JAFZA Offshore) – Offers high credibility and is often chosen for real estate ownership and joint ventures
Typical documentation includes:
- Passport copies of shareholders and directors
- Proof of address (utility bill or bank statement)
- Bank reference letter
- Business activity description
- Proposed company name (3 options)
- Shareholder declaration and CV
Our team will assist with all notarizations and filings.
Offshore company formation costs vary by jurisdiction and services. On average:
- RAK ICC offshore company setup starts from AED 8,500
- JAFZA offshore formation starts from AED 14,500
- Additional services like nominee directors, bank account support, and annual renewals are charged separately
We offer custom packages based on your business goals.
Yes, but only in designated areas and typically through JAFZA Offshore companies. Certain Dubai developers allow JAFZA offshore entities to own freehold real estate. RAK ICC companies may have limitations depending on the emirate.
No. UAE offshore companies are not eligible for UAE residence visas. If you require a visa, consider a free zone or mainland company setup instead. Our advisors can help you decide the best option based on your needs.
We offer end-to-end offshore company formation services in RAK ICC and JAFZA. Our support includes:
- Company registration
- Document preparation and notarization
- UAE bank account assistance
- Nominee services (optional)
- Ongoing compliance and renewals
With transparent pricing and dedicated support, we help you structure your offshore entity securely and efficiently.