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An Offshore Company is an entity registered with the primary purpose of doing business outside its jurisdiction. The two main offshore jurisdictions in UAE are the Jebel Ali Free Zone and the Ras Al Khaimah Free Zone. An offshore company is usually set up in a favorable jurisdiction where there are no corporate or personal income taxes, reporting requirements or restrictions on companies’ employment policies. The main restriction on an offshore company is that (being exempt from taxes and restrictions) they may not conduct business within their place of incorporation.
An offshore company is not permitted to carry out any business in the UAE. It is usually permitted to invest in companies in UAE, own property in UAE and have bank accounts. Setting up an offshore company does not entitle you to obtain a residence visa in the UAE

