FIRST Offshore became one of the very first to be licensed by the Government of Dubai to act as an official ‘Registered Agent’ and to provide Offshore Company formation, management and related services. FIRST Offshore only provide the ‘tax havens’ of The Emirates because it is by far the most confidential and secure Offshore location today. Many of our new clients have moved their Offshore interests to Dubai from other jurisdictions because they were concerned by recent legislation and changes in the European and American laws, which seriously eroded their confidentiality and security. As the United Arab Emirates does not fall under the same restrictive laws, it has emerged as a front runner in the Offshore world.
Due to the huge success of the Dubai (Jebel Ali) tax haven, more recently in 2007, the most Northerly Emirate of Ras Al Khaimah (RAK) became only the second tax free jurisdiction to offer Offshore formation. RAKOI FZE, the sister Company of FIRST Offshore became the very first to obtain a Company service providers license in 2007 with the government of Ras Al Khaimah and is a leading provider of Offshore and Free Zone licenses in this fast emerging Emirate.