Set Up Your Offshore Company in
Jebel Ali Free Zone
Boasting one of a kind infrastructure, streamlined procedures, and a business-friendly environment, JAFZA offers a wide array of benefits for companies across various sectors, including logistics, manufacturing, trading, and services. With its strategic location, world-class facilities, and robust support services, JAFZA continues to be a preferred destination for businesses looking to establish a presence in the dynamic and competitive market of the UAE and beyond.
Advantages of Setting Up Your JAFZA Offshore Company Formation
Setting up a JAFZA offshore company offers investors a range of benefits, including tax efficiency, confidentiality, asset protection, and ease of setup, making it an attractive option for individuals and businesses looking to establish an offshore presence in a reputable jurisdiction.
Discretion and Privacy
The JAFZA Offshore Company Setup offers unparalleled privacy protections. It keeps sensitive financial data and personal details of directors and shareholders away from public records. Moreover, JAFZA’s offshore companies are exempt from mandatory audits, ensuring higher confidentiality.
Enhanced Asset Protection
Choosing JAFZA Offshore Company Setup comes with the assurance of safeguarded assets, especially in legal scenarios. This creates a secure barrier, protecting the company’s assets and investor interests from external liabilities.
Gateway to Global Markets
Establishing a JAFZA-based offshore company immediately elevates your business’s reputation, facilitating international collaborations and business growth. Additionally, it grants the ability to open UAE bank accounts, essential for international financial operations and access to a variety of currencies.
Favorable Tax Conditions
With the UAE’s 9% corporate tax rate introduced in 2023, JAFZA Offshore Company Setup still stands as a financially attractive option. These companies enjoy tax exemptions as they operate outside the UAE, presenting a significant economic advantage.
Set Up Your Offshore Company
Depending on your business needs, you may choose to set up an offshore
company from one of these three options:
Jebel Ali Free Zone (JAFZA)
JAFZA is a dynamic business center attracting a vast array of sectors such as logistics, electronics, automotive, food & agriculture, and e-commerce. It garners nearly 25% of Dubai’s foreign direct investments. Company Setup in JAFZA taps into these diverse industries, offering a range of benefits.
Benefits
- Exclusive Property Ownership: Enables JAFZA Offshore Company Setup entities to legally own property in Dubai.
- Flexible Directorship Options: Allows different individuals to be directors and shareholders in JAFZA Offshore Companies.
- No Physical Office Requirement: Reduces JAFZA Company Setup Cost by eliminating the need for a physical office space.
- Strategic Investment Opportunities: Permits JAFZA Offshore Company owners to hold shares in UAE free zone companies and LLCs.
- Efficient Registration Process: Streamlines JAFZA Offshore Company Formation, considering JAFZA Trade License Cost.
Types of Offshore Companies in JAFZA
Here are the company types or activities suited for JAFZA Offshore Company Formation:
- Banking
- Insurance
- International Trade
- Holding Companies
- Property Owning
- Registration of Copyrights & Patents
- International Consulting
Requirements for Setting Up a JAFZA Offshore Company
The process for Company Setup in JAFZA depends on the specific business structure and activity. Here’s what’s required:
- Application for Certificate of Incorporation
- Passport Copy of Shareholders
- Curriculum Vitae of Shareholders
- Recent 6-month Bank Statement of the Company.
- Certificate of Good Standing
- Latest Utility Bill as Proof of Residency, for individual shareholders
- For corporate shareholders: Board Resolution awarding Power of Attorney, Memorandum of Association (MOA), Articles of Association (AOA), Certificate of Good Standing.
- Note: Additional documents may be requested, impacting the overall JAFZA Company Setup Cost and JAFZA Trade License Cost.