What an offshore company can be used for
Under JAFZA's published offshore rules, an offshore company can carry on business outside the UAE and act as a holding company, including holding shares in UAE mainland and free zone companies. Other registries have their own lists, so we check what your chosen registry allows.
- Holding shares in other companies
- Owning intellectual property or other investments
- Working with clients and suppliers outside the UAE
- Applying for a bank account, subject to the bank's own policy
- Holding property in designated Dubai areas, where the registry and Dubai Land Department (DLD) rules allow