Corporate ยท Concept

Offshore

A jurisdiction (BVI, Cayman, Panama and others) that offers tax-neutral non-resident corporate structures with light regulatory and reporting requirements.

In practice

Offshore entities are typically used as holding companies, joint-venture vehicles, fund vehicles, or asset-holding SPVs. They cannot trade within the country of incorporation and typically have no UAE residency or banking-from-incorporation benefits. We file BVI, Cayman and Panama.

Related terms