Yes, offshore companies can own real estate and property in specific designated areas known as freehold areas.

Yes, offshore companies can open bank accounts in the UAE, and they are often used for managing international transactions.

While there is no requirement to submit audited financial statements, companies are typically required to maintain financial records, which must be made available to the authorities if requested.

UAE offshore jurisdictions offer a high level of confidentiality. Shareholder and director information is not publicly disclosed, and beneficial ownership is often kept confidential.