Company Incorporation

Company Incorporation

Foreign Company's Incorporation 


An offshore company (Offshore Financial Center) is merely a company that has been incorporated in a country other than ones place of residence, citizenship or domicile. Countries interested in attracting global business and expanding their economies compete for international business by implementing competitive tax regimes and guaranteeing privacy levels now. Offshore companies play an integral role in the global economy providing confidential, tax efficient means of international investing and conducting global business.  An Offshore Structure is ideal for individuals and corporate entities for minimizing costs; individuals of high net worth, international investors, property owners, entrepreneurs.

Since the inception of offshore company formations in early 2003, the UAE has rapidly emerged as the business hub of choice in the Middle East region and is proving itself to be well placed to being one of the most dynamic and fastest growing business and International Financial Centers worldwide. Given the UAE’s continued stance on ZERO tax’s and duty exemptions, there is  little wonder why more and more individuals and International Companies are now choosing the Emirates as, not only their business headquarters, but also in many  cases  their primary choice of residence too.

In early 2003, Jebel Ali Free Zone Authority (JAFZA) Dubai’s foreign ownership Free Trade Zone became the first location in the UAE to provide offshore company formations. In February 2007, Ras Al Khaimah Investment Authority (RAKIA) and Ras Al Khaimah Free Trade Zone (RAKFTZ) located in the most Northerly region of the Emirates expanded their already thriving Free Zone to include offshore business formations, often known as International Business Companies (IBC’s.) Due to the excellent operational service methods adapted by RAK Offshores, the offshore incorporation division of RAKIA and RAKFTZ, coupled with the clear documentation process and lower incorporation fees, RAK Offshores have stepped into the driving seat of offshore formations within the UAE.

IRCO is a market leader in corporate legalization and offshore business consultancy. We offer solutions to clients looking to minimize taxes, protect assets and limit liabilities. We offer incorporation services in all the leading offshore centers around the world and can help you setup an offshore company in Dubai.

Offshore company formation provides several potential benefits over the traditional "onshore” corporation including but not limited to all of the following:

  •  Privacy & Anonymity
  • Legal protection
  • Tax Optimization
  • Asset protection
  • Succession planning
  • Low operational cost
  • Simple and flexible procedure of company establishment

UAE JURISDICTIONS

  •  RAK Offshore (RAK Investment Authority)
  • RAKIC (Ras Al Khaimah Free Trade Zone Authority)
  • JAFZA Offshore (Dubai)
  • AJMAN Offshore (Ajman Free Zone Authority)