Call Us: +971-55-568 3780
info@panacea-biz.com
Office # 1817, Burjuman Business Tower, Burjuman Mall, Mankhool, Dubai, U.A.E
Call Us:+971-55-568 3780
info@panacea-biz.com
Office # 1817, Burjuman Business Tower, Burjuman Mall, Mankhool, Dubai, U.A.E

OFFSHORE LICENSE

off-1024x480

OFFSHORE COMPANY SETUP

An Offshore Company is a legal entity incorporated with the intention of operating and executing business outside the UAE. Offshore Companies are permitted to open a bank account in the UAE. However, they cannot issue visas under the company or have a physical office within the UAE.
Offshore Licenses are typically used as Holding Companies and are mainly incorporated for the purposes of executing, managing and operating in foreign countries with financial, legal and tax benefits.

SOME ADVANTAGES OF AN OFFSHORE BUSINESS IN UAE

The cost of setting up an Offshore Company in UAE is significantly low.
Speedy Incorporation Process.
100% foreign ownership.
100% Tax Free.
Office setup can be Virtual.
Audit not required.
Company can have multiple currency Bank Accounts.
No restriction on how much foreign exchange is procured, spent or reserved.
100% protection for physical assets and revenue accrued from offshore operations.

Offshore Company Setup Process

Choosing Your Business Activity
Our team of Company Formation Specialists will ensure you to choose the right Business Activity. We advise you on the most economical and suitable options.
Completing Your Company Incorporation Paperwork
Your dedicated Company Formation Specialist will ensure to complete the License Application Process in a hassle-free manner.
Opening Your Company’s Bank Account
At PanaceaBiz, we have a vast network of Banking Experts who will assist you in opening a Corporate Bank Account.
Choose Your Company Name
Our team of experts can secure the Company name availability and registration. If the Company name is not available, we will advise you on suitable alternatives.
Issuing Your Company License
Once your Company License is issued, you will be notified and provided with the scanned License documents.

Popular Offshore Jurisdictions in UAE

rakicc2-600x540

RAK International Corporate Centre (RAK ICC)

RAK International Corporate Centre (RAK ICC) is situated at the Emirate of Ras Al Khaimah. With its unique and extremely business-friendly rules and regulations, RAK ICC has been luring foreign investors to the jurisdiction. Companies across the globe are setting their foot into the RAK ICC to obtain international company status. Many foreign firms registered with RAK ICC have investment in real estate and properties as one of their main activities. It is also known for its total secrecy and anonymity. Owners of International Business Companies (IBCs) are required by law to remain anonymous.

Advantages Of Registering an Offshore Corporation in RAK ICC

RAK ICC regulations allows for 100% foreign ownership.
Even though Offshore Companies are not permitted to do business locally, the authorities permit Offshore Companies to own shares in both Free Zone and Mainland Businesses.
The names of shareholders and directors are not obliged to be placed on a public registry.
RAK ICC will generally register a company within one week of receiving all application and due diligence documents.
An offshore corporation can open multi-currency bank accounts in the UAE to perform routine international transactions.
jafza_off

JAFZA OFFSHORE

Jebel Ali Free Zone (JAFZA) Offshore is the only Offshore Jurisdiction in Dubai. Because of the numerous chances and amenities it provides, JAFZA is most popular and favoured location to grow your business. JAFZA Offshore is a worldwide commercial and manufacturing hub that guarantees complete confidentiality and privacy.

Advantages Of Registering an Offshore Corporation In JAFZA

JAFZA Offshore Companies Regulations allows for 100% foreign ownership.
The JAFZA Offshore Firm is the only Offshore firm that is permitted to directly own local Dubai Real Estate. Most properties in Dubai can be owned by JAFZA Offshore businesses. However, both Free Zone and Developer authorization is required.
Offshore Companies are allowed to own shares in both Free Zone and Mainland Companies, even though they are forbidden from doing business locally.
The names of shareholders and directors are not obliged to be placed on a public registry.
An offshore corporation can create multi-currency bank accounts in the UAE to perform routine international transactions.

Main Services

Download

Brochures
Panaceabiz Brochures

Need Help? We Are Here To Help You

Contact us