Offshore Company Setup Services in UAE

Offshore Companies

Registering offshore companies within a free zone enables them to avail several similar benefits, but it doesn’t serve as a direct substitute for a free zone company. The key difference lies in the scope of business operations. Offshore companies are allowed to engage in business activities outside the UAE rather than within the country. Furthermore, they do not have any minimum capital deposit requirements before incorporation. However, unlike the flexibility of operating as a free zone business, offshore companies require a sponsor, restricting foreign ownership to a maximum of 49%.

Offshore Company Setup Services Dubai, UAE

Do individuals pay corporate tax on salary?

No. Salary stays outside CT. A person pays CT only on business income when the person runs a licensed business and crosses the turnover threshold.

Can a free zone company sell to the mainland and keep 0%?

It depends on the activity, the role in the supply chain, and the de-minimis rules. Non-qualifying mainland income generally faces 9%.

Do small firms need audited accounts?

Some firms may use IFRS for SMEs, but certain categories, including many free zone persons seeking QFZP status or entities above revenue thresholds, need audited statements.

What records must a taxpayer keep?

Keep ledgers, invoices, contracts, bank statements, TP files, and working papers for the statutory period. Keep scans and hard copies when needed.

When is the CT return due?

The return and payment are due within nine months after the end of the tax period. Add the date to your calendar with early reminders.