Offshore
An Offshore Company is defined as a legal business entity that operates outside its
registered jurisdiction and place of ownership. Unlike an onshore company, which
exists and operates within the borders of the country it is registered.
It is a tax efficient, cost-effective means for companies to carry out business globally.
There are three jurisdictions in which an offshore company can be established in the
UAE: In Ras Al Khaimah (RAK), Jebel Ali Free zone (JAFZA) and Ajman.
All three offer 100% foreign ownership, exemption from income tax and corporate tax
and no requirement for investment of share capital.
