how to open Non resident account opening in non-oECD country
To open an offshore company in the UAE, it is necessary to complete the registration process with an authorized agent as the free zones , do not work directly with customers when it comes to offshore business registration.
Offshore licenses are typically intended for businesses that do not conduct any commercial activity in the UAE. Also note:
- It is not possible to obtain a UAE residency visa
- It is difficult to obtain a UAE bank account as most banks to not accept this type of license or require a high account balance compared to a freezone or mainland license.
Offshore licenses benefits from the UAE’s tax-free status. However, it is important to note that the cost of registering an offshore license is similar to that of a free zone or mainland license. Therefore, it is recommended to obtain a free zone or mainland license, as these licenses offer a wider range of benefits.
Here are some of the reasons why you might need an offshore license in the UAE:
- To protect your assets and privacy
- Tax free operation
- To hold assets for your international business
If you are considering obtaining an offshore license in the UAE, it is important to speak to a business advisor to get more information and advice.Here are some additional things to keep in mind about offshore licenses in the UAE:
- Offshore companies are not allowed to open bank accounts in most UAE banks.
- Offshore companies are not allowed to obtain UAE residence visas for their employees.
- The requirements for obtaining an offshore license vary depending on the free zone or jurisdiction in which the company is registered.
An offshore company license can be registered in Jebel Ali Freezone Authority (JAFZA), Ras Al Khaimah (RAK), and Ajman.
How BUH consulting can assist
Our team will work with you to understand your requirements and suggest the most suitable offshore jurisdiction in UAE that is suitable for your business.
BUH Consulting’s business setup team will assist in registering the company and opening a corporate bank account in UAE or in any of the 65 countries where BUH Consulting can assist with offshore non resident bank account.
It should be noted that in UAE, not every bank accepts offshore companies.
As of 2026, UAE banks that can accept UAE registered offshore companies are:
– Abu Dhabi Islamic Bank (ADIB)
– RAK BANK
– Bank of Sharjah
– Dubai Islamic Bank (DIB)
– Arab Bank
– Banque Misr UAE
– Commercial Bank International (CBI)
– Investbank
– National Bank of Fujairah
– Commercial Bank of Dubai
– Emirates NBD
– Mashreq
Contact information
For a tailored solution, contact us to discuss about your requirements.
Email: – sam@buh-consulting.com
Phone: +971585086656
Whatsapp: +971585086656
Telegram: BUHConsultingAE