Would you like to set up an offshore company in the United Arab Emirates, but you are unsure what budget to plan for its establishment and operation?
The support package includes the incorporation procedures, opening the bank account, the company's administrative operations, and follow-up on the application.
An all-inclusive package to limit costs
Business creation procedures
Preparation of incorporation documents, certificate of incorporation, submission of registration documents, and other formalities related to formation.
Opening a bank account
Appointment scheduling and assistance with the following banks: Barclays, Emirates NBD, Mashreq, Standard Chartered Bank, or Noor.
Business operations
Operating license for the first year, a correspondence address in Dubai, and the administrative elements required to operate the entity.
Advice and follow-up
Case follow-up in French and administrative document templates that comply with local standards.
The two main costs
4,000 USD - creation + first year
The cost of establishing the offshore company and its first year of operation is 4,000 USD.
2 000 USD/year - renewal
Starting in the second year, you should budget USD 2,000 per year for renewal fees.
Additional services
Name change - 650 USD
Support for changing the company name is available for 650 USD.
Appointment of a director - 400 USD
Appointing a director costs 400 USD per transaction.
The offshore company: a long-term investment
Consider the initial setup cost as a starting investment. As with any business, fees are necessary to cover administrative procedures, official documents, and the operation of the structure.
Tax benefits are also among the factors to consider in the overall cost analysis. Therefore, compare the budget for an offshore structure in the Emirates with that of a company established in another jurisdiction.
A question about the cost of your offshore company?
Contact Merritt for more information about packages, additional services, and the cost of opening a bank account in Dubai.
The goal is to enable the business founder to anticipate the overall budget before launching the company.