Corporate Bank Account Opening Services in the UAE
Corporate bank account opening support for newly formed and existing UAE companies, matched to the right bank for your business profile.
Learn MoreUAE offshore company formation for holding, international trading and asset-protection structures, such as RAK ICC and JAFZA Offshore.
Offshore companies are used for holding assets, international trading structures and estate planning, rather than for operating a physical business inside the UAE. We set up offshore entities through jurisdictions such as RAK ICC and JAFZA Offshore, structured to fit how you intend to use the entity.
Offshore companies cannot hold a standard onshore bank account without additional due diligence, so we build bank account opening support into the setup from the start, and advise on how the structure interacts with your other UAE entities where relevant.
No, offshore companies cannot lease office space or hold a UAE trade licence to operate inside the country; they are used for holding, international trade and similar structures rather than local operations.
A free zone company can operate a physical business, hire staff and hold visas within the UAE. An offshore company is a non-resident structure typically used for holding assets or international trading, without UAE operating presence.
We commonly set up structures through RAK ICC and JAFZA Offshore, and can advise on which fits your purpose based on your intended use of the entity.
It is possible but requires additional due diligence compared to an onshore entity, and not every bank accepts offshore company applications. We help identify banks realistically open to your structure.
Offshore companies are generally outside the scope of standard UAE VAT and Corporate Tax registration since they do not conduct business within the UAE, though this depends on the specific structure and activity. We confirm your position as part of setup.
Yes, this is one of the most common uses, providing a layer of separation for holding and succession planning purposes.