Abu Dhabi Offshore Company Formation

Abu Dhabi offshore business is a business that is registered in an offshore free zone in Abu Dhabi. Offshore free zones offer businesses a number of benefits, such as tax exemption, customs-free import and export, and simplified regulations.

Abu Dhabi Offshore Company businesses Types

There are many different types of Abu Dhabi offshore businesses, but some of the most common include:

Holding companies: Holding companies are used to hold the assets of other companies. This can be a useful structure for businesses that want to protect their assets from creditors or lawsuits.

Trading companies: Trading companies are used to import and export goods. This can be a good way to take advantage of the tax benefits and simplified regulations of offshore free zones.

Licensing companies: Licensing companies are used to license intellectual property rights, such as trademarks, patents, and copyrights. This can be a good way to generate revenue from your intellectual property without having to set up a manufacturing or distribution operation.

Service companies: Service companies are used to provide services to businesses and individuals. This can be a good way to tap into the growing demand for services in the UAE.

A Step By Step Guide to Abu Dhabi Offshore Company Formation

The process of setting up an Abu Dhabi offshore business is relatively straightforward. You can typically set up your business in a matter of weeks. The process of Offshore business license typically involves the following steps:

• Choose Abu Dhabi Free Zone.
• Register a trade name.
• Prepare your Memorandum of Association (MOA).
• Obtain a Local Service Agent (LSA) agreement.
• Lease business premises.
• Apply for an Abu Dhabi offshore business license

An Abu Dhabi offshore Company Formation can be a great way to take advantage of the tax benefits and simplified regulations of offshore free zones.

Advantages of setting up business in Abu Dhabi offshore

• Low start-up expenses
• Fast incorporation procedure
• 100% tax-free, 100% permissible foreign ownership
• No paid-up share capital and no need for an audit
• Multiple bank accounts
• Required Documentation for Establishing an Offshore Company
• For Corporate Entity Shareholders:
• Copy of the Incorporation Certificate or Trade License
• Notarized Original Board Resolution
• Memorandum of Association
• Passport Copy of Directors, Company Secretary, and Shareholders
• Certificate of Good Standing of the Parent Company
• Notarized and Attested Power of Attorney
• For Individual Shareholders:
• Passport Copy
• Original Bank Reference Letter
• Curriculum Vitae of Shareholder
• Proof of Residence
• Details of Ultimate Beneficiaries