Why choose a Dubai Offshore Company Formation?

Main features of Dubai company registration

• Dubai offshore companies benefit from no duties or taxes
• Only one shareholder and one director required and board meetings can be held anywhere in the world
• Both registered and bearer shares are available and the holders can convert their shares into the other type if desired
• Bearer shares must be kept in custody by a licensed registered agent
• Directors can choose the country in which they wish to keep accounting minutes, records and books
• A Dubai offshore company can maintain bank accounts in the United Arab Emirates

Services from A1 Company Services

Dubai offshore company formation, nominees, bank accounts and mail forwarding

As specialists in Dubai offshore company formations, whether you’re looking for a simple offshore company registration or a complex structure (including offshore Trusts), A1 Company Services can help. We also provide a comprehensive range of admin services for Dubai companies, including the provision of nominee director, nominee shareholder, bank account services and mail forwarding.

Our expert Dubai company formation and company registration team has established affiliations with local Dubai company agents and extensive knowledge of the legal requirements for company formation in Dubai. We also guarantee that all company filing documents and fees are up-to-date and will notify you of any compliance changes in Dubai.

If you require us to take over the management of your existing Dubai offshore company, we can usually do so at no extra cost.

To speak to an expert Dubai company formation/registration advisor, please call 020 8492 6363.

Background to Dubai Company Registration

Dubai offshore company formation/registration

A1 Company Services is able to incorporate a Dubai offshore company (Ras Al Khaimah International Company or Jebel Ali Free Zone). The process usually takes up to five days.

Offshore company banking in Dubai

A1 Company Services saves you time and hassle by working closely with a number of banks, including Barclays, Standard Chartered and ADCB in UAE, so we can incorporate Dubai companies with a choice of offshore bank accounts.

Anonymity and disclosure in a Dubai offshore company

A Dubai registered company provides very good privacy. With a Ras Al Khaimah International Company (RAKIC) formation there is no register of directors or shareholders, which maintains total anonymity. The company however must have at least one shareholder and one director to comply with the regulations in the Free Trade Zone. Corporate shareholders are also permitted.

The total anonymity offered by a Dubai offshore company formation means a Dubai offshore company registration is a popular choice in asset protection schemes. The dobule tax treaty does mean however overseas tax authorities can use any exchange of information provisions to request information from the Dubai tax authorities.

To be guaranteed to be free from Dubai taxes for 50 years, many businesses and in particular, e-commerce businesses, form a British Virgin Islands or Panama offshore company and then register it in one of the free trade zones. The Dubai Internet City (DIC) for example is a free trade zone specifically for ecommerce business. This technique also offers asset protection since a good offshore jurisdiction would ensure there would be no disclosure of shareholders and disclosure of directors may potentially be limited to just nominee directors.

Shares in a Dubai offshore company formation

For a Ras Al Khaimah International Company (RAKIC), the minimum share capital is AED1,000. Share capital must be denominated in UAE Dirhams (AED) divided into shares of AED1,000 each. If you wish, with a Dubai offshore company formation you can create different classes of shares in one or more series having their own rights, privileges, conditions and restrictions. Bearer shares are permitted but a licensed registered agent must hold the details of the company’s beneficial owners.

Dubai Offshore Company Formation

Tax benefits of a Dubai offshore company formation

For UK investors looking to capitalise on a booming property market or earn a tax-free salary, Dubai has rapidly increased in popularity. Dubai offers individuals:

CORPORATE INFORMATION

CORPORATE REQUIREMENTS

LOCAL REQUIREMENTS

ANNUAL REQUIREMENTS

RECURRING GOVERNMENT COSTS