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JAFZA Offshore Company Formation

Offshore Company Formation in Dubai

Offshore Company Formation in Dubai

The Jebel Ali Offshore is the only choice for Offshore Company Formation in Dubai. Foreign investors can register their company with the Jebel Ali Offshore and obtain their company incorporation certificate and other documents within 5-7 days of document submission.
The Jebel Ali Offshore is governed by the Jebel Ali Free Zone Authority. JAFZA Offshore is legally entitled to register non-resident companies for foreign investors to conduct international business operations. JAFZA Offshore enables offshore company formation by individuals and corporate entities in UAE.

Offshore Company Setup in JAFZA

JAFZA, under Jebel Ali Free Zone Offshore Companies Regulations 2003, allows the formation of an offshore Company by individuals or corporate bodies, as a non-resident company, having a corporate legal entity.

Offshore Company Formation in Dubai is an ideal option for foreign investors who do not want to obtain a UAE residence visa but conduct international business through a company registered in Dubai. JAFZA Offshore is the only choice in Dubai for foreign investors to register an offshore company.

There is a wide range of business activities and company types in UAE for registering an Offshore Company in Dubai. It can be registered as a Holding Company, International Consulting company, general trading, property ownership, ship management, special purpose vehicles, and more.

JAFZA Offshore Company Setup – Procedures

The JAFZA Offshore Company Setup follows a straightforward process. It starts with preparing the company setup application form. A few basic shareholder details, company name, business activity, etc., must be mentioned along with the application form. The fee payment for setting up the JAFZA Offshore company is to be initiated.

After the review of the documents, the JAFZA Offshore Authority will issue the Company Incorporation Certificate and other company documents within 5-7 Working Days.

The offshore company would require the REGISTERED AGENT to have a physical office and address of communication in UAE. The Registered Agent will act as the representative of Offshore Companies for all the company renewals, related communications, and coordinate the company formation for offshore companies in UAE.

Prime Consult is one of the Registered Agents of JAFZA Offshore and the team will coordinate the offshore company setup in JAFZA at cost-effective fees.

Documents & Details Required For Individual Applicant

  • Applicants Personal Profile (CV)
  • Bank Reference from anywhere in world ( Template can be provided)
  • Proof of residence (Recent Utility Bill like Electricity Bill or Telephone Bill in the name of applicant)
  • Passport Copy (With at least 6 months validity)

Features

Dubai has passed a law for incorporation of Offshore Companies in Jebel Ali freezone in the Emirate of Dubai. The laws have been framed in a manner such that authority maintains a clean image of the companies vis-a-vis international financial authorities.

Some of the unique features of the Companies are as follows:-

  • No bearer shares will be allowed.
  • The Company shall file audited accounts each year
  • The Company can open bank accounts with all banks operating in Dubai and also in other jurisdictions
  • Company Status: Limited Liability
  • Number of Shareholders: Minimum One & Maximum not limited
  • Suffix to the name: “Limited”
  • Capital Structure: Decided by the shareholders
  • Directors: Minimum number of Directors shall be two

Permitted Activities

  • To hold shareholders and Directors meetings in the UAE
  • To hold lease of property for use as registered office or own real property in the Palm Islands or Jumeirah Islands or any property owned by Nakheel company LLC or any other real property approved by authority.
  • Professional Contact with legal consultants, lawyers, accountants and auditors
  • To hold an account in a Bank in the UAE for the purpose of conducting its routine operational transactions.
  • To become shareholders of Freezone & Limited Liability Companies.

  • Shares

    • All shares must be fully paid when allocated.
    • No Bearer shares allowed.
    • No different classes of shares allowed.

Dubai Offshore Company Formation

The Dubai Offshore Company Formation is a prospective business investment for foreign investors. JAFZA Offshore Company Setup in Dubai enables the investors to purchase a property in Dubai Freehold areas, conduct international business operations, open holding companies, and more.

The JAFZA Offshore Company Setup in Dubai allows registering of companies in the JAFZA Offshore for investors to conduct international business operations.

The Services or goods traded by the international Offshore companies are not eligible to enter the UAE local market. Offshore Companies are registered only for conducting international operations.

The Investor or the employees cannot apply for a UAE Residence Visa, however, the company can open a local corporate bank account and purchase a property in designated freehold areas in Dubai.

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Mainland

Offshore

Freezone

Contact

  • Dubai
  • +971544055341
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