Formation - What is an offshore company?

An offshore company is a legal entity established outside the owner’s home country, primarily for international business, tax efficiency and asset protection. When you establish an offshore company in Dubai, you gain the flexibility to operate globally with tax efficiency, privacy and simplified compliance. This structure allows entrepreneurs to conduct cross-border activities, hold assets and easily open international bank accounts. Choosing to set up an offshore company in the UAE gives investors a credible and secure platform to grow their business globally while also enjoying Dubai’s strong reputation as a trusted global hub. And for this international quality business, TCT Company is by your side. You can open your company in the UAE through us to improve the quality of your business in the international market. We will form your business organization with integrity with all-round legal support.

RAK Offshore Company Setup

Located in the northernmost corner of the UAE, Ras Al Khaimah stands out as a forward-looking emirate where investment finds both stability and opportunity. Within this ecosystem, the Ras Al Khaimah International Corporate Centre (RAK ICC) serves as the official registry for RAK offshore companies. Often simply known as RAK Offshore, this jurisdiction allows investors to form their international ventures P a g e 13 | 15 under RAK ICC business company control. RAK offshore companies are considered non-resident entities that are primarily used for holding and international business purposes and generally cannot lease or operate physical office space within the UAE. However, they can maintain a registered address through an approved agent. Operating under the RAK ICC, RAK offshore companies maintain high international regulatory standards, which contributes to their credibility as a trusted jurisdiction for holding companies, international trade and investment structures.
And we are here to help you build your own business in this great organization. You can accept your organization like ours from anywhere in the world at any time.

Why Choose RAK Offshore?

Here are some reasons to consider RAK Offshore for your business formation

➢ 100% foreign ownership
➢ Tax incentives and repatriation benefits
➢ No audit requirement
➢ No need for physical office space
➢ Property ownership in designated freehold areas, subject to approval

JAFZA Offshore Company Setup

Jebel Ali Offshore Companies are registered in Jebel Ali Free Zone (JAFZAA) located in Dubai, UAE. Jebel Ali Free Zone is the oldest and most respected free zone in the UAE. It has a mature legal framework and follows international best practices for establishing free zones and forming offshore companies in Dubai. P a g e 14 | 15 Like other offshore jurisdictions, JAFZA keeps the details of company shareholders and officers confidential.

Jebel Ali Offshore Companies are ideal for holding assets in Dubai and for various other purposes such as asset protection, consulting, trading,
tax planning and estate planning. JAFZA Offshore Companies are easy to set up and only require one shareholder, one secretary and two (2) directors. The shareholder can also act as the secretary and one (1) director.

You can take our help everywhere to establish yourself by creating your business in this acceptable location of the United Arab Emirates, and TCT will be by your side in forming your company with all-round support.

Why Choose JAFZA Offshore?

➢ Oldest and most respected free zone
➢ No taxation
➢ 100% ownership by foreign nationals
➢ Own shares in UAE companies
➢ No paid-up capital
➢ No accounting and audit requirements
➢ No restrictions on nationalities
➢ Hold property in Dubai
➢ Bank accounts in the UAE and all over the world
➢ No limit on capital expatriation
➢ Registered address in Dubai

Ajman Offshore Company Setup

Ajman offshore companies are registered in the Ajman Free Zone (AFZ) in the Emirate of Ajman, United Arab Emirates. These offshore companies are referred to as International Business Companies or Offshore Companies as per the applicable regulations. AFZ is a state-of the-art registry and follows international standards and best practices adopted by other offshore jurisdictions worldwide.

AFZ places the privacy of shareholders as a top priority and their identities are strictly kept confidential as per the law. Ajman offshore companies can serve multiple purposes such as asset protection, trading, tax planning, real estate holding and estate planning. Ajman offshore companies are quick and easy to set up and require only one director and shareholder as the basic requirements. The shareholder and director can be the same person. We are here to help you enjoy the benefits of this retirement company of your choice. Our team will assist you in setting up your business with utmost trust and efficiency.

Why Choose Ajman Offshore?

➢ Modern legislation
➢ Zero taxes
➢ 100% ownership by foreigners
➢ Single or multiple directors
➢ Zero paid-up capital
➢ No accounting and audit requirements
➢ No limitations on any nationality
➢ Conduct business outside the UAE
➢ Bank accounts in the UAE and abroad
➢ Registered address in the UAE