Dubai has emerged as one of the most preferred jurisdictions for offshore company registration. It offers a business-friendly environment, tax benefits and a well-regulated legal system. However, to set up an offshore company in Dubai, there are certain essential documents that need to be prepared and submitted. In this article, we will discuss the key documents required for Dubai offshore company formation.
Passport copies of shareholders and directors:
A valid passport copy for each shareholder and director is a fundamental requirement. The passport should be clear, up to date, and include signature pages. Some authorities may also request visa copies or proof of residency.
Proof of address:
Each shareholder and director must provide a recent utility bill, bank statement, or tenancy contract as proof of residential address. The document should be in English or officially translated and typically not older than three months.
Bank reference letter:
A bank reference letter from a recognised financial institution confirms the financial standing and credibility of shareholders. This document is usually required to ensure that the individuals involved have a stable banking history.
Memorandum and articles of association:
The Memorandum of Association (MOA) is a legal document that outlines the company’s scope of activities and its governing structure. It must be notarized by a public notary in Dubai and submitted along with other necessary documents for offshore registration. The MOA includes details such as the company name, objectives, share capital, registered office address, and details of shareholders and directors.
Board resolution:
A signed board resolution is required if an existing company is registering an offshore entity. This document confirms the decision to incorporate and authorises a representative to handle the registration process.
Specimen signatures:
Authorities often require specimen signature forms for all shareholders and directors. These documents help verify identities and facilitate future transactions related to the offshore company.
Application form:
The offshore company registration process begins with submitting a duly completed application form. This form includes company name preferences, shareholder details, and proposed business activities. Accuracy in filling out this form ensures a smooth approval process. Gathering these essential documents in advance simplifies offshore registration in Dubai and reduces the chances of delays or rejections. Ensuring compliance with local regulations improves business operations and long-term success.