Process of UAE Offshore Company Formation

The process of UAE offshore company formation involves several key steps that investors need to follow to establish an offshore company in the UAE. Here’s a breakdown of the typical process:

1. Choose the Jurisdiction:

Select for this appropriate offshore jurisdiction in the UAE, such as Ras Al Khaimah International Corporate Centre (RAK ICC) or Jebel Ali Free Zone (JAFZA) Offshore.

2. Choose the Company Name:

Choose a unique name for your offshore company, ensuring it complies with the naming guidelines set by the chosen jurisdiction.

3. Engage Registered Agent:

Engage a registered agent like Injaz Group to guide you through the process. A registered agent acts as a liaison between you and the relevant authorities, ensuring smooth company registration.

4. Submit Documentation:

Prepare and submit the necessary documentation to the chosen offshore authority. This typically includes to a application forms, shareholder and director details, and the company’s intended activities.

5.  Document Attestation:

Depending on the jurisdiction and the location of shareholders and directors, certain documents may need to be attested by relevant authorities, such as the UAE embassy in the home country.

6. Obtain Approval:

Once the documentation is submitted and fees are paid, the offshore authority will review your application. Upon approval, you will receive a Certificate of Incorporation.

7. Open Bank Account:

With the Certificate of Incorporation, you can proceed to open a corporate bank account in the UAE or an international bank.

Following these steps ensures a structured and organized process for establishing your business in the UAE, making it a smooth journey towards a successful business setup.