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ARTICLE · 03 JULY 2013

Offshore Companies In The UAE

Dr Hassan Elhais
Dr Hassan Elhais
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Dr Hassan Elhais

Dr Hassan Elhais

Dr. Hassan Elhais, along with the team of legal consultants and prominent local lawyers across the...

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Whether there is a need to restructure a business, to protect assets or simply develop an international presence for a business, one of the ways of doing so, is by opening an Offshore company.

United Arab EmiratesWealth Management
Hassan Elhais
Hassan Elhais

Whether there is a need to restructure a business, to protect assets or simply develop an international presence for a business, one of the ways of doing so, is by opening an Offshore company.

There are three authorities in the UAE in which an offshore or International Company can be registered. These are; Jabel Ali Free Zone (JAFZA) In Dubai, Ras Al Khaimah Investment Authority (RAKIA) and Ras Al Khaimah Free Trade Zone (RAKFTZ) In Ras Al Khaimah.

Advantages of the UAE Offshore Company:

  • 100% tax exemption
  • 100% foreign ownership (no local sponsor is required)
  • Limited liability Company (option to have Inc. or Ltd)
  • Protection against lawsuit judgments
  • Great discretion and confidentiality of the International Company Registry

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