An offshore license in the UAE allows businesses to operate internationally without a physical presence in the UAE. This type of license is ideal for companies seeking tax efficiency and privacy while enjoying the benefits of a reputable jurisdiction. Offshore companies in the UAE are typically used for holding, trading, consulting, and international investment activities. They benefit from zero corporate and income taxes, full foreign ownership, and no local hiring requirements.
- No requirement for a physical office.
- Confidentiality and privacy for shareholders and directors.
- Ability to open multi-currency bank accounts.
- Simplified setup and maintenance processes.
- Flexibility in conducting international business.
Common offshore jurisdictions in the UAE include Jebel Ali Free Zone (JAFZA) and Ras Al Khaimah (RAK) International Corporate Centre. These jurisdictions provide robust legal frameworks and world-class infrastructure to support offshore business activities.