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Set up your offshore company in JAFZA

The Jebel Ali Free Zone Authority (JAFZA) sets company establishment standards with a focus on efficiency and institutional excellence. Renowned for simplifying JAFZA’s offshore company formation, JAFZA serves as a strategic gateway to global markets. Competitive Pricing JAFZA Company Establishment Cost and JAFZA Business License Cost JAFZA’s commitment to financial transparency and business continuity underscores. This makes JAFZA establishing an offshore company not just an option but a wise investment for companies aspiring to thrive in a dynamic international environment.

A striking example of modern architecture in the Jebel Ali area, showcasing a building with a unique geometric design near Jebel Ali Port, emphasizing Jafza Offshore Company Formation and company formation in Dubai.

Advantages of establishing JAFZA Establishing an offshore company:

●      Discretion and privacy:

JAFZA’s offshore company setting ensures superior privacy and protection of the financial and personal information of directors and shareholders from public records.

●      Enhanced asset protection:

JAFZA’s choice to establish an offshore company ensures that assets are protected, creating a safe buffer in legal situations for investors’ interests.

●      Gateway to global markets:

Establishing a JAFZA-based offshore enhances business reputation, promotes international cooperation and growth, and enables opening a bank account in the UAE.

●      Favorable tax conditions:

Despite the UAE corporate tax rate of 9% implemented in 2023, JAFZA offshore company formation remains financially attractive with tax breaks.

●      Jebel Ali Free Zone (JAFZA):

Sunset view at an offshore platform near Jebel Ali Port, highlighting the industrial strength of Jebel Ali and its significance in company formation in Dubai, with a focus on Jafza Offshore Company Formation and other Jebel Ali companies.

JAFZA, a dynamic business hub, attracts various sectors such as logistics, electronics, automotive, food and agriculture, and e-commerce, attracting 25% of foreign investments in Dubai.

  • Exclusive ownership of real estate:

Allows entities established through offshore company incorporation in JAFZA to legally own real estate in Dubai.

  • Flexible management options:

Allowing various individuals to act as directors and shareholders of offshore companies in JAFZA.

  • No Mandatory Office Space:

Reduces JAFZA company set-up costs by removing the necessity of physical office buildings.

  • Strategic investment opportunities:

Allowing offshore company owners in JAFZA to own shares in free trade zone companies and limited liability companies in the UAE.

  • Simplified registration process:

Simplify the process of setting up offshore companies in JAFZA, taking into account JAFZA business license costs.

Types of offshore companies in JAFZA:

JAFZA Offshore company incorporation is different from mainland and free zone companies. Instead of business licenses, offshore companies obtain certificates to operate UAE-based companies, in compliance with regulations prohibiting local operations.

  • Banking services
  •  insurance
  • world Trade
  • Holding companies
  • Property ownership
  • Registration of copyrights and patents
  • International consulting

Requirements for establishing an offshore company in JAFZA

Procedures for incorporating a company in JAFZA vary based on the business structure and specific activity. Here’s what’s needed:

  • Request for certificate of incorporation
  • Copies of shareholders’ passport
  • Biography of shareholders
  • A recent bank statement of the company for 6 months.
  • Certificate of good conduct
  • Most recent utility bill as proof of residency for individual contributors
  • For corporate shareholders: Board of Directors’ decision granting power of attorney, memorandum of association (MOA), articles of association (AOA), and certificate of good standing.

Cost of setting up an offshore company in JAFZA:

The expenses of setting up an offshore company in JAFZA fluctuate based on the business structure chosen, and are affected by factors such as business activities, number of shareholders, and office space needs.

Typically, the JAFZA company incorporation fee is around AED 18,000. For a custom estimate that includes the cost of JAFZA company setup and JAFZA business license, contact us.

Convert your transactions into convenient, budget-friendly monthly installments through a selection of our banking partners. Simply make a minimum credit card spend of AED 1,000 from any of our participating banks and repay the amount in easy installments over 12 months.

Steps:

  • Make a minimum purchase of AED 1,000 using your credit card for any of the services provided by company formation in Dubai
  • Contact the banking services of any of our partner banks and request that your purchases be transferred to an easy payment plan.
  • Get the option to pay in 3, 6, 9 or 12 months.

Steps to create your offshore company in JAFZA

Company formation in Dubai offers comprehensive guidance and support throughout the process, simplifying the complex steps of setting up an offshore company in JAFZA

1.      Determine your company name and activities:

Start by choosing your Jebel Ali Free Zone company’s external activities and an appropriate name, avoiding offensive or sensitive connotations.

2.      Choose a registered agent:

JAFZA Offshore companies are required to cooperate with registered agents to communicate with JAFZA authorities.

3.      Set up MOA and AOA:

The Memorandum of Association (MOA) and Articles of Association (AOA) are crucial, as they are subject to strict scrutiny and verification by the JAFZA authorities.

4.      Submit relevant documents:

In addition to the MOA and AOA, collect the required documentation and submit it for license approval.

5.      Open your company’s bank account:

After completing the above steps, proceed to open a bank account in the UAE to facilitate smooth corporate transactions.

Conclusion:

The offshore company formation in JAFZA offers luxurious opportunities for investors looking to set up their business in Dubai’ landsacape along with various exclusive perks and benefits that come with it. PRO services of company formation in Dubai play a crucial role in facilitating this process ensuring that all requirements are met efficiently with professional assistance. So why wait? Start your offshore company setup process journey  in JAFZA  today with us!

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