Home Services Understanding Offshore Companies and UAE Benefits

What is an Offshore?

An offshore company is a legal entity registered in a jurisdiction with a preferential tax regime, minimal reporting requirements, and a high level of confidentiality. Typically, offshores are intended for conducting business outside the country of registration.


We are a Registered Agent in RAK ICC

Our company is officially accredited as a registered agent in RAK ICC (Ras Al Khaimah International Corporate Centre) — one of the three offshore company registrars in the UAE. This gives us the right to:

  • Register offshore companies in RAK ICC.
  • Support annual reporting and compliance obligations.
  • Make changes to company structures (directors, founders, name, etc.).
  • Provide legal and administrative support.

Redomiciliation of Offshore Companies to the UAE

We provide the service of transferring offshore companies from BVI, Belize, Seychelles, Marshall Islands, and others to the UAE.

  • Transfer to a more reliable and stable jurisdiction.
  • Increase trust from banks and partners.
  • Adaptation to UAE Corporate Tax or Bank Compliance requirements.
  • Consolidation of assets, IP, or investments in the UAE.
Important

RAK ICC recognizes redomiciliation and accepts the company's historical data, preserving its legal continuity and reputation.


How Does Offshore Differ from Onshore?

ParameterOffshoreOnshore
Conducting activities in the country of registration❌ No✅ Yes
TaxationLow or noneApplied (VAT/Corporate Tax)
Office/staff requirements❌ No✅ Yes
License❌ Only Certificate of Incorporation✅ Yes
Visa issuance❌ No✅ Yes
Purpose of useInternational trade, holding, asset ownershipOperational activities, sales, staff
Financial reportingSimplified / not requiredMandatory

Offshore in the UAE? Legal, Confidential, Turnkey.

We are an accredited RAK ICC agent. Registration, redomiciliation, asset protection, and full support. Your confidence in a stable jurisdiction.

Get a Consultation

When to Use Offshore?

  • International holding and share ownership.
  • Tax optimization and asset protection.
  • International trade without a warehouse.
  • Structuring IP portfolios.
  • Creating a fund with internal rules.
  • Family trust or estate planning.

Suitable Legal Forms for Offshore

  • Holding Company — for owning shares, stocks, and assets of other companies.
  • Foundation — asset management, inheritance, trust alternative.
  • Limited Company (LTD / IBC) — trade, IP structures, real estate.
  • SPV (Special Purpose Vehicle) — for owning a specific asset (real estate, yachts, investments).

Get an analysis of your business tasks and a solution from an expert

Form 2 image
On this page
    Not sure which format is right for you?

    Get a free consultation with a MIRAD expert and choose the optimal strategy for your UAE status

    Get consultation Request a call back