Dubai Offshore Companies

from Maritime International Ltd.

Incorporation of Dubai offshore companies in economic free zones, corporate banking and related offshore company management services.
Dubai offshore companies
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Dubai is an oil rich Kingdom in the Persian Gulf; one of the seven Emirates in the United Arab Emirates, and its largest city with over two million population. It is a progressive Muslim state with extensive commercial interests throughout the world. English is widely spoken. There are thousands of companies of every nationality in its industrial and Free Economic Zones and it has excellent infrastructure and communications.

Dubai is well known as a major Global Financial Center but is perhaps less well known as an Offshore Center. Regulations were passed in 2003 establishing the basis for the Jebel Ali Free Zone Offshore Companies, operating under the Jebel Ali Free Zone Authority (JAFZA). Regulations were also passed in 2006 by the Ras Al Khaimah Investment Authority establishing the RAK Offshore Companies.


While JAFZA is older and better known, we recommend incorporating under the RAK Offshore regulations. It is less expensive and the regulations are more flexible. Only one Director is required instead of two and it can be a corporate director. There are other advantages as well in administration.

Note that under JAFZA, all shareholders must travel to Dubai to sign the incorporation documents. There are no exceptions, as there are in RAK.

We have provided costs on both RAK and JAFZA as well as details, and you are free to choose whichever you wish. Contact Maritime International Ltd if you wish further guidance.

Companies established under both Offshore Company regulations are free of all taxes, both profit and capital gains, and may be 100% owned by foreigners. As such, the Dubai Offshore company can operate exactly like a regular Offshore Company in the usual jurisdictions.

The main advantage of a Dubai Offshore Company is that it is not a tax haven, not on any black list and is a fully confidential jurisdiction. It is essentially the Premier Offshore Company location as it can be used anywhere without question, in completely privacy. You will have a prestigious office address in Dubai and you may open a bank account in Dubai or elsewhere.

The disadvantage of course, is that it is more expensive than most, but it is well worth it to those who can afford the cost.

Accounting records must be kept but statements are not filed with the Government. Records may be kept any place the Directors deem appropriate. Accounts are not available to the Public.

Directors and Shareholders may be foreigners and are NOT in the public record. A local Secretary is not required and can be the same person or entity as the Director. 100% repatriation of profits and capital is allowed and there are no currency restrictions or exchange controls. There are no minimum capital requirements and no paid up capital needed.

You do not have to go to Dubai, unless you wish to. All procedures can be completed with Maritime International Ltd. by email, phone or fax and courier.


The company may not conduct trading activities in Dubai or within the United Arab Emirates but of course it is an excellent corporate vehicle for doing business in the Middle East and elsewhere in the world.

If you wish to do business in the UAE with a Dubai company, it must be incorporated as a Free Zone Company. Contact Maritime International Ltd. for details.

The company can purchase property in the Palms in Dubai and in other approved areas.


Location of Jurisdiction Dubai - United Arab Emirates
Language of Documentation English
Political Stability Excellent
Corporate Taxes None
Tax Information Exchange Agreements Read More
Disclosure of Beneficial Owner No
Requirement to File Accounts with Government No

Type of Offshore Company Private Limited Company
Registered Office/Agent Required by Law - Read More
Change of Domicile Not Allowed
Shelf Companies Available No
Name of Company In English

Eligibility RAK - Any person or company of any nationality.
JAFZA - Any person of any nationality.
Minimum Number of Directors RAK - One. May be a person or a company.
JAFZA - Two. Persons only.
Disclosure to Authorities & Public No
Residence Required May Reside Anywhere
Local Director Required No
Nominee Director Available Yes, if requested.
Location of Meetings Anywhere

Secretary Required Yes. May be the same person/company as the Director.
Local Secretary Required No

Minimum Number of Shareholders One
Maximum Number of Shareholders Fifty
Eligibility Any person or company of any nationality.
Corporate Shareholders Allowed Yes
Disclosure to Authorities & Public No. Nominees can be used if desired.
Nominee Shareholders Available Yes, if requested.
Annual General Meetings Required within 18 months of incorporation and within every 18 months thereafter.
Location of Meetings Anywhere

Minimum Number of Shares One
Maximum Number of Shares Unlimited
Bearer Shares Permitted No
Classes of Shares Permitted Other classes permitted (RAK)
Ordinary par value only (JAFZA)

Permitted Currencies AED (approximately 1 US = 3.66 AED)
Minimum Paid Up Share Capital None
Maximum Share Capital Unlimited
Recommended Share Capital AED 10,000 (10 shares of AED 1,000 each recommended)
Requirement to be Paid Up Yes, but it is carried on the books. No payment is required.

Keep Accounts/Company Books Yes, but not filed with the authorities.
File Audited Annual Return with Government No. Accounts are also not available to the public.
Bank Account Location Anywhere - Read More
Brokerage Account Read More
Exchange Controls None



Nominee Directors & Shareholders, Virtual Offices, Basic Account Maintenance, Invoice and Accounting Services, Employee Contracts, Document Safekeeping and general Corporate Services. More details are available on our Management Services page.


The names of the Directors and Shareholders are filed in the Registered Office. They are not filed with the Government and are not in the public record.

Additional privacy can be provided through the use of a nominee Director and/or Shareholder. Only the nominee names are filed with the Government. The Beneficial Owner of the company and the Power of Attorney issued to him/her to run the company, are not required to be filed with the Government.


Names must be submitted for approval and may be rejected without explanation. Maritime International Ltd. will assist you in deciding whether a particular name is likely to be approved.


The following can be used: Limited or Ltd or Incorporated or Inc. Others on request subject to approval.

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