Jafza Offshore Company Formation

The Jebel Ali Free Zone Authority (JAFZA) is one of the most prestigious free zones globally, facilitating Offshore Company formation under the Free Zone Offshore Companies Regulations 2003.

Setting up a Dubai offshore company in Jebel Ali allows investors to establish a non-resident company that enjoys strategic benefits like tax efficiency, full ownership, and confidentiality.

100% Foreign Ownership Allowed

Tax-Efficient Structure

Confidentiality and Asset Protection

Quick and Simple Setup

UAE Corporate Bank Access

Mainland Company

Free Zone Company

Offshore Company

Bank Account Opening

Visa Services

Benefits of Setting Up an Offshore Company in JAFZA

Ownership Flexibility

Quick Formation

Confidentiality

Banking Benefits

Global Market Access

Tax Efficiency

Property Ownership

Asset Protection

Steps to JAFZA Offshore Company Formation in Dubai

Engage a Registered Agent

Choose a registered agent whose office will be the company’s registered address. The agent assists with document preparation and submission to the Registrar.

Document Preparation

Draft the Memorandum Of Association (MOA) and Articles of Association. Collect information about shareholders and directors, and gather required documents like passport copies and proof of residence.

Submit Application to the Registrar

Complete and submit the official application form through your agent, including the MOA and supporting documents. Pay the necessary registration fees.

Registrar Approval

The Registrar reviews the application for compliance. Upon approval, the Registrar issues the Certificate of Incorporation with the company’s registration number.

Post-Formation Compliance

Ensure the company has a registered office in JAFZA, typically through your agent. Appoint at least two directors and a secretary. Open a corporate bank account in the UAE.

Types of Activities for Offshore Companies in JAFZA

JAFZA offers the following types of activities that are particularly suited for Offshore Companies in Jebel Ali;

Banking:

International financial operations without local UAE banking.

Insurance:

Operating offshore insurance firms for global risks and policies.

International Trade:

Facilitating cross-border trade without a UAE physical presence.

Holding Companies:

Investments in subsidiaries and controlling other companies.

Registration of Copyrights & Patents:

Handling intellectual property management globally.

Property Owning:

Owning real estate in UAE for investment.

Jafza Offshore Company Formation Consultants

How Leaders HUB Consultancy Can Help?

Leaders HUB Consultancy is renowned as one of the top business setup consultants in Dubai, with over 15 years of experience facilitating a wide range of businesses throughout the UAE. Our deep connections with government officials and key authorities, combined with our extensive expertise in consultancy, streamline the process of establishing your business in Dubai. Additionally, we offer comprehensive financial, legal, and corporate services to support our clients throughout their business endeavors.

We are here to provide comprehensive support for your Jafza Offshore Company Formation, from preparing your documents to completing the process. Connect with us now to begin your journey with a FREE consultation!

ASK WHAT YOU WANT TO KNOW

FAQS (Frequently Asked Questions)

Can i own multiple businesses within JAFZA?

Yes, an entity may apply for multiple business formations within the free zone. Each formation would be treated as a separate company name, however, the investors may be the same person or company. There is no limit on the number of businesses that can be incorporated within Jafza with similar stakeholders.

What is the difference between formation and business license?

Formation refers to the legal structure of a business, such as its type and investor count, while a business license dictates what activities a business can legally conduct.

What is the difference between an FZCO and a FZE company within the free zone?

An FZE (Free Zone Enterprise) is a company with a single investor, which can be an individual or another company. An FZCO (Free Zone Company) involves multiple investors, which can also be individuals or companies.

Can a company become a stakeholder of another company within Jebel Ali Freezone?

Yes, a company can hold shares in another company within Jebel Ali Freezone, whether it’s an FZE, FZCO, or PLC, which may include both individual and non-individual shareholders.

Can I own multiple businesses within JAFZA?

Yes, you can own multiple businesses in Jebel Ali Free Zone under different names but with the same investors, without a limit on the number of businesses.

Can I transfer my license from the mainland to JAFZA?

You cannot transfer a license from Dubai mainland to Jafza. Instead, you must dissolve the mainland company and establish a new one in Jafza, or create a branch there while retaining the mainland company as the parent.

How long does it take for the company registration to complete?

JAFZA offshore company setup typically takes between 3 to 14 business days after all necessary documents and lease agreements are submitted.

Is there a regulatory authority approval required to start a business in Jebel Ali Freezone?

Yes, Jafza’s Regulatory Authority issues licenses, and you must submit an Economic Substance Report. Additional approvals may be needed for specific industries like Food and Agriculture.

What are the financial requirements for starting a company within Jebel Ali Freezone?

There’s no prescribed minimum share capital for FZE or FZCO companies in Jafza, but your capital should be sufficient for your licensed activities.

What is the validity of a license in the Jebel Ali Free Zone?

A Jafza license is valid for one year and must be renewed annually.

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