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* Jaswinder (Jas) Sekhon is a fellow
Pacifica Congress *Goldman & Co Lawyers Pty Ltd member firm
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Understanding the Differences
Understanding the difference is essential however in the UAE the onshore companies can effectively at many of the benefits of the offshore companies.
An onshore business entity has the legal authority to carry out the business activities in the location of company incorporation. An offshore business entity doesn’t hold the legal authority to conduct the business activities in the location where the company has been incorporated. Offshore companies are known as IBCs (international business companies) holding companies and international companies.
The UAE is a low tax jurisdiction that offers onshore and offshore
Summary - Key Differentiators in Offshore and Onshore Companies
An onshore company is a company that is registered and ALSO operates in the same country as its shareholders. The company is “managed and controlled” in this jurisdiction.
An offshore company is a company that is registered and operated in a different country from its shareholders. It has a registered agent that acts for it in the country of incorporation.
| Onshore Company | Offshore Company | |
|---|---|---|
Company Types in Onshore & Offshore
There are various choices and structures when establishing in this free zone and our experts can help you decide what structure is best for you from the list below.
- International business companies
- Business companies
- International companies
- Holding companies
- Special purpose vehicles
- Special purpose company
What our clients say
“We were extremely lucky to meet the senior team members at Global Trust Group. With real experience and access to specialist experts in many jurisdictions across leading western countries. Not just a local outfit! Discretion, privacy and understanding were outstanding.”
CJ* (actual name and picture withheld)
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Info@global-trust-group.com
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Our Professional Team
Chris Jariko
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Alina Kevin
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Brean Lanthe
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For the past 35 years we have specialised in residency and international taxation
We are one of the leading full-fledged Free Zone company formation and offshore incorporation agency in the UAE. With an experience of more than 15 years, we offer a range of comprehensive, holistic and simplified development and setup services for businesses looking to establish operations in the region.
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