Business Setup in Jebel Ali OffShore

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Company Setup in Jebel Ali Free zone

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JAFZA Offshore Company Setup

The Jebel Ali Free Zone Authority (JAFZA) offers an offshore company setup designed to meet the growing demand for international business entities looking to operate globally without maintaining a presence in the UAE. 

A JAFZA offshore company is not issued with a business license, only a certificate of incorporation, meaning it cannot conduct any commercial activity within the United Arab Emirates.

Established as a cornerstone of Dubai’s business ecosystem, a JAFZA offshore company enables entrepreneurs and investors to set up offshore companies that can engage in a wide range of global business activities.

The availability of a JAFZA offshore company is particularly significant for businesses aiming to facilitate international trade, manage assets, and invest in diverse sectors without the need to conduct trade within the UAE. 

The offshore companies registered under JAFZA can operate in various industries, including trading, consultancy, investment management, and asset holding. This flexibility allows business owners to tailor their operations to meet their specific needs and market demands.

JAFZA’s regulatory framework is designed to support the growth and development of offshore companies, providing a conducive environment for international business operations. Companies registered as offshore companies can benefit from a streamlined registration process, which is crucial for businesses aiming to establish a presence in the UAE quickly. 

Furthermore, the recognition of the JAFZA offshore companies eases networking and access to funds from international markets, facilitating collaboration and investment opportunities.

The regulatory support offered by JAFZA also ensures that offshore companies can navigate compliance requirements effectively, allowing them to focus on their core business activities and growth strategies.

A JAFZA offshore company exemplifies the UAE’s commitment to fostering a dynamic business environment that accommodates the needs of global entrepreneurs. 

By offering a specialized option for offshore company formation, JAFZA continues to position itself as a leading destination for businesses seeking to expand their international reach while benefiting from the strategic advantages of operating within a world-class free zone.

JAFZA Offshore Company Setup Advantages

Full Foreign Ownership

Full Foreign Ownership

JAFZA allows complete foreign ownership of offshore companies, meaning there is no requirement for a local partner.

Tax Exemptions

Tax Exemptions

Offshore companies in JAFZA benefit from a zero percent corporate tax rate and are exempt from capital gains tax.

Confidentiality and Privacy

Shareholders, directors, and company details are not publicly disclosed, ensuring privacy and anonymity for business owners.

Ease of Business Setup

Businesses can expect a relatively quick, streamlined and efficient setup process.

Asset Protection

Offshore companies can be used to hold assets, providing a level of protection against potential legal liabilities in other countries. 

Flexibility in Operations

JAFZA offshore companies can engage in various activities, including holding assets, managing investments, and facilitating international trade without the need to conduct business locally within the UAE.

Networking Opportunities

Networking Opportunities

The international recognition of JAFZA offshore companies allows offshore companies to leverage international trade opportunities effectively.

Supportive Regulatory Environment

Supportive Regulatory Environment

JAFZA offers a business-friendly regulatory framework and necessary support to offshore companies to navigate compliance requirements.

Activities Permitted by JAFZA for Offshore Companies

International Trading: Offshore companies can conduct business internationally, engaging in buying and selling goods outside the UAE.
Holding and Managing Assets: JAFZA offshore companies can be used to hold and manage assets, such as intellectual property, shares in other companies, and real estate (with special permissions).
Investment and Consultancy Services: Offshore companies can provide consultancy and advisory services related to international markets.
Wealth and Estate Management: Offshore entities can be used for estate planning and wealth management to ensure the protection and allocation of assets.
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Cost Of Company Setup In JAFZA

JAFZA Offshore Company Setup Process

Timeline: 2 to 4 weeks

01 Appointing a Registered Agent

All JAFZA offshore companies are required to be registered through an authorized agent who will assist with document preparation, submission, and liaising with JAFZA authorities.

Takes 1 to 2 days

02   Defining Business Structure and Preparing Documents

The business owner must define the company’s structure, including its shareholders, directors, and business activities.

Takes 3 to 5 days

03   Name Reservation 

Propose and submit a company name, it must be reserved and approved by JAFZA.

Takes 1 to 2 days

04 Submission of Documents

Gather and submit all necessary documents to JAFZA, the authorities review the submitted materials to ensure compliance.

Takes 1 to 2 days

05  Approval and Registration 

Upon submission, JAFZA will process the registration and issue the Certificate of Incorporation and stamp the Memorandum of Association (MOA).

Takes 5 to 10 working days

06 Receive the Certificate of Incorporation 

Once JAFZA issues a Certificate of Incorporation and provides the company’s Registration Number, the company is legally established as an offshore entity under JAFZA’s jurisdiction.

Takes 1 to 2 days

07 Opening a Corporate Bank Account

After incorporation, the offshore company can apply to open a corporate bank account in the UAE or internationally. 

Takes 2 to 4 weeks

Documents Required for a JAFZA Offshore Company

Required documents vary based on the legal structure of the business: Individual Shareholder and Corporate Shareholder.

Document Type Individual Shareholder Corporate Shareholder
Passport Copy Copy of the valid passport of each shareholder Passport copy of the authorized signatory
Proof of Residence Utility bill or bank statement (not older than 3 months) Proof of address for the company and directors
Curriculum Vitae (CV) CV of each shareholder CV of the authorized signatory
Bank Reference Letter Bank reference letter (from a reputable bank) Bank reference letter for the company and signatory
Board Resolution Not Applicable Board resolution authorizing the company to set up an offshore entity in JAFZA
Memorandum & Articles of Association (MOA/AOA) Not required Copy of Memorandum & Articles of Association of the parent company
Certificate of Incorporation Not required Copy of the parent company’s Certificate of Incorporation
Shareholder Agreement Required if applicable (optional) Required if applicable (optional)
Director(s) Appointment Required Required (Board Resolution for appointment)

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