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Offshore Company Formation

Go Global with UAE Offshore Excellence.

Offshore company formation in the UAE is an ideal option for businesses focused on holding assets, managing wealth, and conducting international trade. These companies are not permitted to engage in business activities within the UAE market but offer significant advantages, such as tax exemptions and complete privacy for owners and directors.

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Advantages of Offshore Company Formation

  • 100% Foreign Ownership: Full control of your business with no need for a local partner.
  • Tax-Free Jurisdiction: No corporate taxes and full repatriation of profits and capital.
  • Privacy Protection: Enhanced confidentiality for shareholders and directors.
  • Ease of Operations: Simple setup process with minimal
    regulatory requirements.
  • Banking Flexibility: Ability to open multi-currency international bank accounts.
  • Asset Protection: Offshore companies are often used for wealth management, holding assets, and reducing liability risks

Popular Offshore Jurisdictions in the UAE

  • Jebel Ali Offshore (JAFZA Offshore): Offers the option to own property in designated areas of Dubai.
  • RAK International Corporate Centre (RAK ICC): Known for its straightforward setup process and low costs, ideal for holding companies.
  • Ajman Offshore: The most affordable offshore option in the UAE, suitable for small businesses and holding companies.

Process of Offshore Company Formation

Chronology of steps for setting up a offshore company in the UAE;

  • Select the Appropriate Jurisdiction
  • Decide on the Legal Structure
  • Choose a Trade Name
  • Select Office Space
  • Submit Final Documentation and Pay Fees
  • Obtain the Business License
  • Open a Bank Account

Why Choose MGI SRCA ?

  • Proven Track record: MGI SRCA with over four decade of proven expertise in business consulting, we offer unmatched experience, credibility, and local insight—ensuring your offshore company formation in the UAE is smooth, compliant, and strategically positioned for long-term success.
  • Advice on Selection of Jurisdiction: MGI SRCA offer expert guidance in selecting the most suitable UAE offshore jurisdiction—be it JAFZA, RAK ICC, or Ajman—based on your business objectives, confidentiality requirements, tax planning, and asset protection strategies.
  • Accurate Legal documents: MGI SRCA’s legal experts ensure precise, compliant, and custom-drafted legal
    documents for company formation in the Freezone UAE—minimizing risk, accelerating approval, and giving your business a solid legal foundation from day
    one.
  • 360 degree Support Services:
    MGI SRCA’s dedicated team provide end-to-end support beyond company formation—offering expert visa services, advising on office space solutions, seamless bank account opening assistance, and local compliance guidance.

We are here to empower your business,
driving growth & transparency

Contact us

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Our Offices

DUBAI

Salim Rajkotwala Chartered Accountants
Al Masraf Tower, #1608
Baniyas Road
Deira
P.O. Box: 40972
Dubai, U.A.E.

SHARJAH

Office 402, Al Bannai Building,
Al Qassimia, Sharjah
United Arab Emirates

SHARJAH AIRPORT INTERNATIONAL

P.O.Box 8125, SAIF Lounge
Sharjah International Airport Free Zone 
​Sharjah

ABU DHABI

Office 802, Bin Naser Tower,
Near Electra Park, Abu Dhabi,
United Arab Emirates

Disclaimer

MGI Worldwide is a leading international network of separate and independent accounting, legal and consulting firms that are licensed to use “MGI” or “member of MGI Worldwide” in connection with the provision of professional services to their clients. MGI Worldwide is the brand name referring to a group of members of MGI Ltd., a company limited by guarantee and registered in the Isle of Man with registration number 013238V, who choose to associate as a network as defined in IESBA and EU rules. MGI Worldwide itself is a non-practising entity and does not provide professional services to clients. Services are provided by the member firms of MGI Worldwide. MGI Worldwide and its member firms are not agents of, and do not obligate, one another and are not liable for one another’s acts or omissions.

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