Offshore companies in the UAE are governed by the three main offshore jurisdictions of the UAE: Ajman, Ras Al Khaimah, and Jebel Ali, Dubai. Offshore companies enjoy the UAE's zero tax policy, but are not eligible for residence visas for their employees. UAE offshore companies can obtain a company registration certificate after the offshore company is registered, which is a perfect choice for promoting international trade. However, UAE offshore companies are not eligible to trade in the local market of the UAE. Zhuoxin Enterprise has a team of professional experts who can handle the complete task of offshore company registration in the UAE. We provide investors with a full range of solutions to reduce the hassles of setting up offshore companies in the UAE and complete everything in an efficient manner. For many international investors, registering an offshore company in Ras Al Khaimah is a potential investment. This is mainly due to the tax-free nature of Ras Al Khaimah and its strong offshore jurisdiction policy.
● 100% tax exemption, capital and profit repatriation
● 100% anonymous, no participation in any information exchange treaty
● No physical office, no business in the UAE
● No visa
● The registered address is the address of the registered agent
● Zero tax, no audit
● Cannot open a corporate bank account in the UAE
● Simple company establishment procedures, low annual maintenance fees
(1) No need to disclose shareholder information, 100% asset protection
(2) No audit report required during renewal
(3) International trade reaches the world
(4) Open an international company bank account
(5) 100% foreign ownership and profit transfer
(6) No public shareholder and director list
(7) Able to attract international customers and work remotely anywhere in the world.
(8) Establish a tax-free company with no capital requirements and tax benefits
(9) Offshore companies can act as holding companies
(10) Easily set up a company in just 3 working days
(I) Shareholder conditions
At least 1 shareholder is required, and the shareholder can be a natural person or a company, and there is no restriction on the nationality of the shareholder. This opens the door to investors around the world. No matter where you are from in the world, you can find your own development opportunities in the field of offshore company registration in Ras Al Khaimah.
(II) Director conditions
Also, at least 1 natural person is required to serve as a director, regardless of nationality. As the core person in the company's operational decision-making, the director must have certain business experience and management capabilities to lead the company forward steadily.
(III) Registration address requirements
The company must have a legal local address in Ras Al Khaimah as the registration location. This address is used to receive government documents and letters, ensure smooth communication between the company and government departments, and ensure that the company's operations are compliant and orderly.
(IV) Registered capital requirements
The minimum registered capital of a Ras Al Khaimah offshore company is 10,000 dirhams, and no actual payment is required. This low threshold setting greatly reduces the financial pressure of the company's initial registration, reduces the cost of entrepreneurship, and allows more entrepreneurs with business dreams to set sail smoothly.
(V) Bank account opening requirements
When a company opens an account, the legal representative or authorized representative must be present in person and complete the relevant visa procedures in advance. Different banks have slightly different documents and conditions for account opening. Before opening an account, the company should understand the requirements of each bank in detail and make full preparations in advance to ensure a smooth account opening process.
(VI) Notarization and certification requirements
If the shareholder is a natural person, no notarization and certification is required; if the shareholder is a company, its company documents must be notarized and certified. Notarization and certification aims to ensure the authenticity and legality of the document and lay a solid legal foundation for company registration and subsequent operations.
(I) Carefully select the company name
At the beginning of registration, you need to choose a suitable name for the company. The name must strictly comply with local laws and regulations, must not be repeated with existing companies, and should avoid using sensitive words. It is recommended to prepare multiple names as alternatives in advance, and conduct a comprehensive name search and filing to ensure that the selected name passes the review smoothly and lay a good foundation for the company registration.
(II) Carefully prepare the required documents
It is usually necessary to submit documents such as the identity certificates of shareholders and directors, passport copies, proof of residential address, and company articles of association. During the preparation process, it is imperative to ensure that the documents are true, accurate, and complete. Any omissions may cause delays in the registration process.
(III) Accurately submit the registration application
Submit the carefully prepared application materials to the relevant management department of Ras Al Khaimah for approval. During the approval period, the relevant departments will conduct strict reviews of the company's registered capital, shareholder structure, business scope, etc. The company needs to wait patiently and actively communicate with the relevant departments to promptly resolve possible problems and ensure the efficient advancement of the registration process.
(IV) Smoothly obtain a business license
After the review is passed, the company will officially obtain a business license, marking the successful registration of the company. At this point, the company can use its business license to legally carry out various business activities and start a glorious business chapter in Ras Al Khaimah.
(I) Personal information
Copies of valid passports of all shareholders and directors, ensuring that the documents are valid, the copies are legible, and the identity information can be accurately identified.
Proof of address, such as recent utility bills or lease agreements, to prove the residential addresses of shareholders and directors, to ensure that the information is true and reliable.
(II) Company information
Prepare 3 company names, arranged in order of priority, with the first one as the first choice and the rest as alternatives. The company name should be unique, consistent with the business characteristics and development philosophy of the enterprise, and avoid duplication with other companies or use of banned words.
Articles of association, clarify key matters such as the company's organizational structure, shareholders' rights and obligations, and business scope. The articles of association are like the company's "constitution", which plays a vital role in the company's standardized operation and healthy development.
(I) Professional company secretary services
Company secretaries are responsible for the management of basic company work, such as filing documents and organizing meetings. Although it is not mandatory to set up a company secretary, professional company secretary services can help companies handle daily administrative affairs in an orderly manner and ensure that the company operates in a standardized and efficient manner.
(II) Accurate tax planning services
Even if Ras Al Khaimah has preferential tax policies, reasonable tax planning can still save costs for companies. Professional tax consultants will tailor personalized tax planning plans based on the actual situation of the company, and minimize the tax burden and maximize corporate interests under the premise of legality and compliance.
(III) Authoritative legal consulting services
Ras Al Khaimah's laws and regulations are different from those in China, and companies may face various legal issues during registration and operation. The professional legal consulting team can provide companies with timely and accurate legal advice to help companies avoid legal risks, safeguard their legitimate rights and interests, and ensure that companies develop steadily within the legal framework.
(IV) Intimate bank account opening assistance services
Different banks have different requirements and procedures for opening accounts, and companies may encounter many difficulties in opening accounts. Professional registration agencies can provide bank account opening assistance services to help companies gain an in-depth understanding of the account opening policies of various banks, carefully prepare the information required for account opening, and significantly improve the success rate of account opening.
Ras Al Khaimah Offshore Company is not allowed to conduct business within the UAE, nor is it permitted to engage in business dealings with local UAE entities.
Ras Al Khaimah offshore companies cannot employ employees in the UAE, nor can they apply for resident visas under their company names.
A Las Vegas offshore company does not need to pay business tax, corporate tax, personal income tax, withholding tax, etc., and there is no requirement for tax reporting.
You may need to visit the bank in person in Dubai. Different banks have different minimum deposit requirements, and generally, you will need to provide documents such as a business plan and financial transaction support documents. The process usually involves selecting a bank, submitting an account opening application and required documents, bank review, and once approved, the account can be opened.
Zhuoxin Consulting relies on its Chinese service network and Dubai executive team to provide professional one-stop business services without communication barriers for Chinese companies to enter the Middle East market. Its business covers company establishment and maintenance, accounting and taxation, bank account opening, PRO services and business services.
Zhuoxin Consulting has high-quality business resources and maintains close cooperation with many free zones, bankers and tax departments in the UAE to escort your expansion in the Middle East market.