The Dubai Marina is the modern residential and hotels area located in the new part of Dubai. Dubai, United Arab Emirates. Taken on 22 Aug, 2020.

Offshore Business Setup

UAE’s offshore business option is meant not only for entrepreneurs but also for start-ups to enter the international market and expand their business activity. At Hayk you will get all the necessary support to set up your offshore company via the broad scope of our professional services in the UAE. Our experts will guide you through every venture of your offshore company setup and make sure your company grows and prospers.

Benefits of Offshore Company

  • Tax-free.
  • 100% foreign ownership.
  • Full repatriation of funds and multi-currency transactions.
  • An offshore company can facilitate international trade.
  • The names and details of shareholders and directors of offshore companies are not made public.

Offshore Company Requirements

If you want to set up an offshore company in the UAE, you should prepare and submit the following documents.

  1. Memorandum of Association
  2. Articles of Association
  3. Know Your Customer (KYC) documents
  4. Corporate Application Document
  5. Name, Date of Birth, Social Security or National Insurance Number
  6. Notarized Bank Statement
  7. Banking Reference Letter
  8. Professional Reference Letter
  9. Copy of Passport for Identity verification
  10. Copy of Utility Bill to confirm your physical address

In the UAE offshore companies can be registered in three jurisdictions:

  1. JAFZA offshore company is registered with the JAFZA offshore authority
  2. RAKEZ offshore company is registered with the RAKEZ offshore authority
  3. Ajman offshore company is registered with the Ajman offshore authority