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You are here: Home1 / Company in Dubai2 / Types of Entities in the UAE3 / The Offshore Company
  • The Offshore Company

Offshore Companies

Overview

RegistryRAKICC.
Authorized ActivitiesConsultancy, Trading, Holding.
Minimum CapitalUSD 10,000 (or equivalent in another currency).
Capital ReleaseNot Applicable.
ManagerMinimum one. Can be a natural person or a legal entity (in this case a natural person manager must also be appointed).
PartnersAny natural person of a minimum age of 21 years, or legal entity (company) whatever their nationality.
Mandatory Local Sponsor/ AgentNone.
Bank AccountsCompany Bank Account
AccountingMandatory.
AuditsAn annual audit of the accounts is not required.
Registration TimelineMax. 2 days.

Deadlines to be expected

The delays to expect are as follows:
– 1 day to email you all your company’s registration documents by email. You will then have to sign them and send them back to us by mail (originals are required);
– 2 business days to receive the Certificate of Registration of your company;
– Approximately 7 working days to obtain your bank account number following the registration of your company (remote opening) or approximately 20 days if opened on site in a local bank.

Pricing

RAKICC
  • License Fee
    License Fee
  • Certificate of Good Standing
    Certificate of Good Standing
  • Registered Office Address
    Registered Office Address
  • Setup fees
    Setup fees
  • Service Charges
    Service Charges
  • TOTAL
    TOTAL
Company Set up + Year 1
  • License Fee
    AED 2,500
  • Certificate of Good Standing
    ---
  • Registered Office Address
    AED 2,000
  • Setup fees
    AED 5,750
  • Service Charges
    AED 2,463
  • TOTAL
    AED 12,713
Annual Fee from Year 2
  • License Fee
    AED 2,750
  • Certificate of Good Standing
    AED 500
  • Registered Office Address
    AED 2,000
  • Setup fees
    -
  • Service Charges
    AED 2,463
  • TOTAL
    AED 7,713

Please note:
– The above fees are the same regardless of the type of company created: Company Limited by Share (CLS), Company Limited by Guarantee (CLG), Unlimited Company (UC).
– The formation fee and the first year’s fee are to be paid at the time of registration of the company. The annual renewal fee is payable on the anniversary of the company’s registration.

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Contact Us

Merritt Middle East DMCC
Office n°1005 – 10th floor
Goldcrest Executive Tower – Cluster C
Jumeirah Lakes Towers – Dubai
United Arab Emirates

Phone: +971 4 422 1345
WhatsApps: +971 52 557 3356
Email: support@merritt.group

All corporate services are provided by Merritt Middle East DMCC.
All legal services are provided by Merritt Legal Consultants FZ LLC.

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