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IFZA Offshore Annual Renewal

A Dubai-registered offshore company with the IFZA name behind it

Importantly, if you need a clean, low-cost vehicle to hold investments or invoice overseas customers, IFZA Offshore is one of the most practical options in the UAE. Many of our customers pair an IFZA Offshore holding company with a free zone operating company, keeping ownership and operations neatly separated. IFZA Offshore is a Dubai-registered offshore company with the IFZA name behind it, and incorporation normally completes within 5 working days of receiving your supporting documents.

Why IFZA Offshore

Day to day, typical uses of an IFZA Offshore company include holding Dubai property, international consulting and trading, group holding structures, IP and royalty holding and estate planning. Offshore companies registered in the UAE benefit from the country's reputation, which is stronger with banks than many traditional offshore jurisdictions. No minimum share capital is prescribed.

Documents required

For renewing IFZA Offshore the authority asks for the following documents, and we tell you exactly how each must be formatted.

  • Passport copies for each shareholder and director
  • Proof of residential address dated within the last three months
  • A CV or professional profile for each shareholder
  • Attested corporate papers if a company will be the shareholder
  • A bank reference letter or recent bank statement
  • A brief description of the intended activities and source of funds

Pricing

In short, all prices for renewing IFZA Offshore are indicative, shown in AED and confirmed in writing before a single dirham changes hands. Use the table below to compare packages for renewing IFZA Offshore; we will confirm the exact total for your case in a written quotation.

Offshore Package
AED 12,000
  • Trade licence & registration
  • Upgrade to visas anytime
  • GoldenKey full assistance
Get this package
Annual renewalAED 10,000

Prices are indicative, in AED, exclusive of 5% VAT where applicable, and confirmed in writing before payment. Last updated 2026-10-06.

Renewal deadline and penalties

Your IFZA Offshore licence expires on the anniversary of issue. Renewing late attracts monthly penalties and, after a grace period, suspension of the licence and the visas attached to it. GoldenKey reminds you 60 and 30 days before expiry and completes the renewal in advance.

Documents for renewal

Importantly, renewal in IFZA Offshore normally needs only updated passport copies, the previous licence and payment. If the registrar requires audited accounts for your company size, GoldenKey can arrange bookkeeping and audit in time.

Why the UAE

On the ground, since 2021, most mainland activities have allowed 100% foreign ownership, and free zones have always offered it, so renewing IFZA Offshore no longer requires a local partner. Banking, logistics, telecoms and digital government services in the UAE are among the most advanced in the region, which keeps the running costs of renewing IFZA Offshore predictable.

Why GoldenKey

Because GoldenKey works with the licensing authority, the immigration department and the banks every single week, we know exactly which documents each of them will ask for on an IFZA Offshore file. You deal with one named case manager from the first call until your IFZA Offshore licence, visa and bank introduction are complete, and that consultant answers your WhatsApp messages personally. Our office is a short drive from the Ajman Free Zone, Ajman DED and the immigration centre, so physical submissions for renewing IFZA Offshore happen the same day they are ready.

Prefer to visit? Our Ajman office welcomes walk-ins during working hours, and we can also meet you in Dubai or Sharjah by appointment to discuss renewing IFZA Offshore.

Frequently asked questions

Is there an audit or tax filing for an IFZA Offshore company?

From day one, most IFZA Offshore companies have no audit requirement, but corporate tax registration and economic substance rules may apply depending on activities. GoldenKey reviews this at incorporation.

How quickly can an IFZA Offshore company be set up?

On the ground, with complete documents, incorporation typically takes 5 working days.

Can an IFZA Offshore company own property in the UAE?

IFZA Offshore companies can own real estate in approved freehold areas where the land department accepts the structure. GoldenKey confirms the current rules for the emirate you are buying in.

Can I open a UAE bank account for an IFZA Offshore company?

Yes, several UAE banks accept IFZA Offshore companies, subject to their compliance review. A clear business purpose and source-of-funds documentation make approval more likely.

Does an IFZA Offshore company get residence visas?

No — Offshore companies do not sponsor visas. If you need residency, we combine the offshore holding company with a free zone company that does.

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