SERVICE · COMPANY FORMATION

Offshore Company Formation

A holding vehicle for assets, shares and intellectual property, not a trading licence. RAK ICC and JAFZA Offshore companies hold property, shareholdings and IP; they carry no visas, no office, and cannot trade inside the UAE.

What offshore formation involves, in brief

3–10 working daysTypical timeline
RAK ICC / JAFZACommon registrars
Holding onlyNo UAE trading, no visas
Confidential registerHeld by the registered agent

Overview

What an offshore company is for

An offshore company is a holding vehicle, not a trading entity. It exists to own things, property, shareholdings, intellectual property, contracts, rather than to invoice customers or sponsor staff. It carries no UAE residence visas and no physical office, and it cannot trade inside the UAE market.

Used for the right purpose, asset separation, group holding structures, succession planning, an offshore company is an excellent, low-cost instrument. Sold as a cheap way to “get a UAE company” for trading, it is a mistake we steer clients away from before they pay for the wrong structure.

Benefits

Where an offshore structure genuinely helps

Asset holding and separation

This is what offshore structures are actually for. A holding company owns the shares, the property or the intellectual property, and the trading company carries the day to day risk, so a dispute or a bad year in the operating business does not reach the assets sitting behind it. Used that way it is sound, ordinary corporate structuring. Used as a shortcut to residency or a UAE bank account, which is how it is often sold, it fails.

Clean group ownership

One holding company above several operating entities means share transfers and investor entry happen in one place.

Fast, low-cost incorporation

RAK ICC typically incorporates within three to seven working days with no physical attendance required.

Simple exit and transfer

Selling or restructuring the holding is a share transfer at the registrar, not a re-licensing exercise.

Who this is for

Property investors holding Dubai freehold real estate, corporate groups placing a holding entity above operating subsidiaries, IP owners centralising trademarks and brand rights, international traders buying and selling entirely outside the UAE, and families structuring succession by share transfer rather than asset transfer.

When this is not for you

An offshore company is the wrong choice if you need a UAE residence visa. Offshore structures carry no visa eligibility, no office and no staff. They also tend to make local banking harder rather than easier. If someone has told you an offshore company gets you residency, they are selling, not advising.

Requirements & Process

The compliance check behind an offshore file

Documents & eligibility

Offshore registrars run a light file but a strict compliance check. Expect detailed beneficial-ownership and source-of-funds questions from both the registered agent and any bank.

Passport copies for every shareholder and director, valid at least six months
Proof of residential address dated within three months, utility bill or bank statement
Curriculum vitae or professional profile for each beneficial owner
Bank reference letter or recent statements, where requested by the registered agent
Three proposed company names in order of preference
A written description of the intended purpose and activities of the company
Attested certificate of incorporation and MOA where a shareholder is a corporate entity
Board resolution authorising the offshore incorporation, for corporate shareholders
Share capital structure and the proposed allocation between shareholders
Details of any UAE property intended to be held, where the purpose is real estate
Registered agent engagement and KYC forms, completed and signed

Additional documents may be required depending on the registered agent, your chosen registrar and the specific purpose of the company. We confirm the exact list for your case before any fee is paid.

How it works

How an offshore formation runs, in 6 stages

RAK ICC incorporations are usually complete within a week on a clean file. JAFZA Offshore takes longer because directors must attend in person to sign.

01

Purpose review

We establish what the company is genuinely for and confirm an offshore vehicle is the right instrument, or tell you it is not before you spend anything.

1 working day
02

Registrar selection and name approval

We recommend RAK ICC or JAFZA based on your purpose, then reserve the company name with that registrar.

1–2 working days
03

KYC and compliance screening

The registered agent completes beneficial-ownership verification and source-of-funds review. Incomplete answers here are the usual cause of delay.

1–3 working days
04

Incorporation documents

Memorandum, articles, director and shareholder resolutions are prepared and signed, remotely for RAK ICC, in person for JAFZA.

1–2 working days
05

Certificate issuance

The registrar issues the certificate of incorporation, share certificates and incumbency documents.

1–2 working days
06

Post-incorporation

We arrange any attestation the documents need for use abroad, and prepare the compliance pack for bank account opening.

3–10 working days

Talk through your holding structure

Tell us what the company needs to own or hold, a senior consultant confirms whether offshore is the right instrument, usually within 15 minutes during working hours.

No follow up calls unless you ask Exact cost in writing Response within 15 minutes during working hours