About Offshore
Offshore refers to activities, operations, or entities situated or conducted in a foreign country, often for financial, legal, or tax-related purposes. Setting up an offshore company in Dubai offers numerous advantages, including tax efficiency, asset protection, and confidentiality. Our specialized services streamline the process, ensuring compliance with international regulations. Benefit from a favorable business environment and strategic location while safeguarding your assets and maximizing tax savings. Let us guide you through the smooth establishment of your offshore company in Dubai.
License Types and Activities
Understanding the various license types and permitted activities is essential for navigating the business landscape in Dubai. From commercial to professional licenses, each type offers distinct opportunities and requirements.
Commercial Trading License
Permits businesses to conduct buying and selling activities within the UAE.
- Buying and selling products
- Import and export activities
- Facilitates sales and distribution
- General and specialized trading
- Required for retail & wholesale businesses
Industrial License
Allows companies to engage in industrial activities.
- Production and manufacturing of goods
- Processing and Assembling items
- Factory and plant operations
- Packaging and repackaging activities
- Required for manufacturing operations
Professional License
Permit authorize professionals to offer specialized services.
- Offering specific services
- Practice their expertise legally
- Required for freelancers & consultants
- Legal and medical consultations
- Expert advice and services
Steps to
Establish Your Offshore
Company in the UAE
The process of establishing a company in the UAE involves only a few simple steps, in all seven emirates. Establishing a company typically involves identifying the location, specifying the nature of business and paying ascribed fees, for the issuance of a commercial license.
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Identify the Nature of Your Business Activity
The UAE offers 6 main types of economic licenses Occupational, Tourism, Industrial, Commercial, Agriculture, Professional.
Economic licenses can include several economic activities. The nature of the company’s activity determines the type of license that will be issued.
Determine Your Company’s Legal Structure
A business structure is primarily based on the needs of the business and will determine the laws and regulations the company must adhere to.
Register the Trade Name
The trade name is the name of the company, which must be unique and not be similar to the name of any other registered company.
Apply for Initial Approval
An initial approval is the UAE Government’s 'no objection' towards a particular business being established in the country. This approval also allows the investor to proceed with the next steps to set up a business and for the authorities to issue the license. It does not, however, grant the investor permission to run the business or practice the business activity.
Create LSA or MOA
A Memorandum of Association (MOA) is required if the legal form of the company is a civil company, limited liability company, public shareholding company, or private shareholding company. A local service agent agreement (LSA) is required if it is a sole proprietorship.
Choose Your Business Location
All businesses in the UAE must have a physical address to operate from. The company premises and location must comply with requirements specified by the emirate’s Department of Economic Development, as well as zoning policies and regulations of local municipalities or other competent authorities.
Apply for Additional Government Approvals
In some cases, additional approvals from government entities governing certain business activities are required.
Submit Required Documents
Receipt of initial approval and copies of all previously submitted documents, Copy of lease contract, duly attested, Memorandum/s of Association, as required, Approvals from other government entities, as required
Pay Fees and Collect License
Pay fees and secure company license.
Register Your Company
Registration of the company must be in the same emirate where it has been incorporated.
Benefits of Registering Company in Dubai
- Tax optimization and potential savings
- Asset protection and confidentiality
- Access to international markets and opportunities
- Legal flexibility and simplified regulations
- Enhanced privacy for business operations
- Potential for lower operating costs
- Ability to conduct global transactions
- Diverse investment opportunities
- Limited liability for shareholders
- Flexibility in company structuring and management
