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In the United Arab Emirates (UAE), it is possible to start an offshore company without using an agent, but it is advisable to seek the assistance of a professional such as a lawyer or corporate service provider to ensure the process is done correctly and in compliance with all relevant laws and regulations.
Here are the steps to start an offshore company in the UAE on your own:
Here are the steps to start an offshore company in the UAE on your own:
- Choose a jurisdiction: The UAE has two main offshore jurisdictions, the Dubai International Financial Centre (DIFC) and the Jebel Ali Free Zone Authority (JAFZA). Choose the jurisdiction that best meets your needs and requirements.
- Determine the type of company: Determine the type of company you want to start, such as a limited liability company (LLC) or a free zone company.
- Gather required documents: Gather the required documents, such as proof of identity, passport copies, and proof of address.
- Register the company: Register the company with the relevant authority by completing the registration process and submitting the required documents.
- Open a bank account: Open a bank account for the offshore company.