A Dubai offshore company is an excellent choice to benefit from the stable economy, tax exemption, excellent banking facilities and favorable regulatory framework of the United Arab Emirates (UAE). With SetupCo LLC by your side, you can implement your offshore company formation seamlessly and efficiently.

Company law in the UAE offers three main forms of company: the local company, the company in one of the free zones and the offshore company, which is particularly suitable for international investors. When setting up a local company, a local partner is usually required to hold 51 % of the shares. Offshore and free zone companies, on the other hand, offer the possibility of having 100 % of the shares in foreign ownership without the need for a local partner.

Why an offshore company? With an offshore company in Dubai or Ras Al Khaimah (RAK), international entrepreneurs can efficiently manage their global business without having to establish a physical presence in the UAE. This type of company is often used as a holding structure or for international transactions and offers discretion and asset protection. Offshore companies in the UAE enjoy an excellent reputation worldwide and offer tax advantages, including full exemption from corporate and income tax.

RAK - A preferred location Ras Al Khaimah (RAK) is one of the most attractive locations for setting up an offshore company. The low incorporation costs, 100 % foreign ownership and flexible business structures make RAK particularly attractive for entrepreneurs. In RAK, offshore companies can be incorporated with only one shareholder, and this shareholder does not have to be present in person.

The advantages of an offshore company with SetupCo:

• Tax exemption: No corporate or income taxes for offshore companies.
• No minimum capital: There is no obligation to contribute a minimum amount of capital to the offshore company.
• Discretion: Shareholders and directors are not publicly registered, which ensures maximum confidentiality.
• Duty exemption: Offshore companies are exempt from customs duties and import and export taxes.
• No double taxation: The UAE has concluded double taxation agreements with over 40 countries, which means that profits are not taxed twice.
• Low operating costs: The costs for personnel, real estate and energy in RAK are comparatively low, while the infrastructure is first-class.
• High international reputation: As part of the UAE, your offshore company enjoys an excellent international reputation.

Why choose SetupCo LLC? SetupCo LLC supports you at every step of the incorporation process, from planning to implementation. Our experienced team will advise you on choosing the right company form and provide customized solutions for your business. With extensive expertise in company formation and management, we will help you make the entire process smooth and ensure that your offshore company in Dubai or RAK is successfully established.

Setting up an offshore company in the UAE offers entrepreneurs numerous advantages, including tax exemption, flexibility and international recognition. Ras Al Khaimah is particularly attractive for entrepreneurs who want to benefit from the advantages of the UAE while keeping their business costs low. SetupCo LLC is your ideal partner to turn this vision into reality and successfully position your business in the Middle East.