Set Up Your
Offshore Company in JAFZA
Jebel Ali Free Zone Authority (JAFZA) sets the standard for Company Setup with an emphasis on efficiency and corporate excellence. Renowned for its streamlined JAFZA Offshore Company Formation, JAFZA serves as a strategic gateway to global markets. The competitively priced JAFZA Company Setup Cost and JAFZA Trade License Cost underscore JAFZA’s commitment to fiscal transparency and business viability. This renders JAFZA Offshore Company Setup not merely an option but a wise investment for businesses aspiring to flourish in a dynamic international milieu.
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Advantages of Setting Up Your JAFZA Offshore Company Formation
Discretion and Privacy
JAFZA Offshore Company Setup ensures superior privacy, safeguarding financial and personal information of directors and shareholders from public records.
Enhanced Asset Protection
Opting for JAFZA Offshore Company Setup ensures asset protection, creating a secure barrier in legal situations for investor interests.
Gateway to Global Markets
Setting up a JAFZA-based offshore company enhances business reputation, fostering international collaborations and growth, and enables UAE bank account opening.
Favorable Tax Conditions
Despite the UAE's 9% corporate tax rate introduced in 2023, JAFZA Offshore Company Setup remains financially appealing with tax exemptions.
Jebel Ali Free Zone (JAFZA)
JAFZA, a dynamic business hub, draws various sectors like logistics, electronics, automotive, food & agriculture, and e-commerce, attracting 25% of Dubai’s foreign investments.
- Exclusive Property Ownership: Allows entities established through JAFZA Offshore Company Setup to legally possess property in Dubai.
- Flexible Directorship Options: Permitting various individuals to serve as directors and shareholders in JAFZA Offshore Companies.
- No Mandatory Office Space: Lowers JAFZA Company Setup Costs by removing the necessity for physical office premises.
- Strategic Investment Opportunities: Allow owners of JAFZA Offshore Companies to possess shares in UAE free zone companies and LLCs.
- Streamlined Registration Process: Simplifies JAFZA Offshore Company Formation, taking into account JAFZA Trade License Costs.
Types of Offshore Companies in JAFZA
JAFZA Offshore Company Setup is distinct from mainland and free zone companies. Instead of business licenses, offshore companies obtain certifications to operate UAE-based firms, in compliance with regulations prohibiting local operations.
Banking
Insurance
International Trade
Holding Companies
Property Owning
Registration of Copyrights & Patents
International Consulting
Requirements for Setting Up a JAFZA Offshore Company
The procedure for setting up a company in JAFZA varies based on the particular business structure and activity. Here’s what’s needed:
- Application for Certificate of Incorporation
- Passport Copies 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.
Cost of Setting Up an Offshore Company in Jafza
The expenses for establishing a JAFZA Offshore Company fluctuate based on the selected business structure, affected by factors like business activities, shareholder count, and office space needs.
Typically, the JAFZA Offshore Company Formation fee is approximately AED 18,000. For a customized estimate, encompassing JAFZA Company Setup Cost and JAFZA Trade License, reach out.
Explore Monthly Payment Plans with Selected Banks
Steps
- Make a minimum purchase of AED 1,000 using your credit card for any services provided by Firmz.
- Call the banking services of any of our partner banks and request to convert your purchase into an Easy Payment Plan.
- Get the option of paying over 3, 6, 9 or 12 months
Steps in Setting Up Your Offshore Company in JAFZA
Firmz offers comprehensive guidance and support throughout the process, simplifying the intricate steps of establishing an offshore company in JAFZA.
Determine your company name & activities
Begin by selecting offshore Jebel Ali Free Zone company activities and a suitable name, avoiding offense or sensitive connotations.
Select a registered agent
JAFZA Offshore Companies are required to collaborate with registered agents for communication with JAFZA authorities.
Prepare the MOA & AOA
The Memorandum of Association (MOA) and Articles of Association (AOA) are crucial, undergoing rigorous examination and verification by JAFZA authorities.
Submit the relevant documents
In addition to the MOA and AOA, gather required documentation and submit them for license approval.
Open Your Corporate Bank Account
After completing the aforementioned steps, proceed to open a UAE bank account to facilitate corporate transactions seamlessly.