DUBAI OFFSHORE COMPANY AND BANK ACCOUNTS
Dubai Offshore Company. Offshore Company Formation in Dubai. Offshore Company in Dubai
KGN Services specializes in Dubai Offshore Company formation and opening bank accounts in Dubai
Dubai Offshore Company – General Information
Dubai Offshore – Overview
Key Benefits of Dubai Offshore Company
- 100% foreign ownership
- A Dubai Offshore Company requires a minimum of one shareholder
- A Dubai Offshore Company requires a minimum of two directors
- Zero taxes and duties
- Dubai Offshore Company can hold an account in a bank in the UAE
- Only Dubai Offshore Company can own real estate properties in Dubai
Offshore Dubai – Dubai Offshore Company – Key Fact
Language of Legislation and Corporate Documents
English/Arabic.
Share Capital
The minimum requirement for share capital is AED 1.
Classes of Share Available
The company may issue only registered shares and only one class of shares is permitted.
Bearer Shares
Not permitted.
Restrictions on Trading
A Dubai Offshore Company is not allowed to do business within the UAE, have an office or get visas. Banking, insurance, assurance, reinsurance, fund management, collective investment schemes, trust management, trusteeship business provision are not permitted.
Registered Agent Required
Each Dubai Offshore Company must have a Licenced Registered Agent in Dubai.
Registered Office Required
Each Dubai Offshore Company must have a Registered Office in Dubai Jebel Ali Free Zone, provided by a licenced service provider.
Directors
A Dubai Offshore Company requires a minimum of two directors. Director can be of any nationality and need not be resident in the UAE. Corporate directors are not permitted.
Shareholders
A Dubai Offshore Company requires a minimum of one shareholder.
Publicly Accessible Records
No.
Location of Meetings of Directors and Shareholders
Anywhere.
Personal Presence Required
Shareholders / Directors need to visit the Registry for attestation of their signatures. If the Shareholders / Directors are unable to come to Dubai, they may issue a Power of Attorney in favour of our company to represent them before the Registry.
Taxation
Nil.
Double Taxation Treaty Access
None.
Requirements to File Accounts
Yes.
Requirement to File Annual Return
Varies.
Time to Incorporate in Ajman
10-12 days, subject to name approval.
Offshore Dubai – Dubai Offshore Company – Name of a Company
Language of Name
English.
Restricted Words
Unless with the approval of the Registrar in writing the name shall not include the words “Bank”, “Trust Company” or “Trustee Company”, “Assurance” or “Insurance”, “Chamber of Commerce”, “Municipal” or “Municipality”, “Dubai”, “UAE”, “Emirate” or “Emirates” or any other word which in the opinion of the Registrar may suggest:-
(a) a connection with the Government of the Federation of the United Arab Emirates, its agencies or identical bodies of any of the member States of the Federation;
(b) the patronage of their Highnesses the members of the Federal National Council.
Name of a Company
The name of a Dubai Offshore Company may end with the word “Limited”.
Dubai offshore Company Formation Prices
Dubai Offshore Company Formation Package Includes:
- Company Name Check
- Initial Business Approval
- Preparation of Application Documents
- Company Registration Fee
- Certificate of Registration
- Registered Office Address for 1 year
- Registered Agent Services for 1 year
- Government filing fee
- Memorandum & Articles of Association
- Minutes of first meeting appointing the director(s)
- Share Certificate(s)
- Register of shareholders
- Register of directors
Starting at: $4990
Why Choose KGN Services?
We’ve been helping business owners since 1996Incorporating your business is our focus
We make a complex process fast and easy
We work closely with Companies Registries to guarantee our service
Fastest offshore companies & accounts – Most competitive pricing worldwide
Services related Offshore Dubai | Dubai Offshore Company | Offshore Company Formation in Dubai
KGN Services provides the following services related Dubai offshore company:
- Offshore Company Formation in Dubai
- Registered Office / Registered Agent
- Full Company Administration & Secretarial Services
- Opening of Bank Accounts in Dubai
KGN Services | Offshore Dubai | Dubai Offshore Companies
Tags: offshore company formation in dubai | dubai offshore company registration | dubai offshore company incorporation | offshore company incorporation dubai | dubai offshore company formation
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Requirement to File Annual Return