Typically one to two weeks once KYC documentation is complete for JAFZA Offshore; RAK ICC often completes in a few working days. Delays usually come from incomplete due diligence documents, so we give you a precise checklist upfront. Note that the bank account runs separately and takes longer, usually four to ten weeks.

It is possible but more difficult than for mainland or free zone companies. Banks apply enhanced due diligence to offshore structures, and account opening typically takes four to ten weeks. Registering with the FTA early and keeping clean records shortens the process. We prepare your application thoroughly to maximise approval chances and advise on realistic expectations.

It depends on the company's activities, residence position, and whether it qualifies for exemptions. There is no blanket answer, which is why we assess the tax position of every offshore structure we form.

ESR filings were repealed for financial years ending after 31 December 2022, so companies no longer file ESR notifications or reports. The substance principle still matters: banks and the FTA expect offshore structures to have genuine economic activity, proper records and a real decision-making trail. We also check any exposure from earlier periods before filing stopped.

Yes. JAFZA Offshore has the longest-established route for holding Dubai real estate, and RAK ICC companies have been able to hold Dubai property since the 2024 DLD memorandum. We confirm the current DLD position for your case before you rely on it, because registry practice evolves.