JAFZA Offshore
-
15+ Years Of Experience
-
50+ Team Members
-
1000+ Happy Customer
-
10,000+ Companies Formed (in UAE and worldwide)
JAFZA Offshore
Had a dream of a business setup in Dubai? If yes, choose JAFZA to ensure trusted, seamless, and trade-free company formation in U.A.E. With no foreign ownership restrictions, JAFZA offshore company formation is best for investors around the globe.
In 1985, JAFZA (Jebel Ali Free Zone Authority) started its operations with a modest number of 19 companies. Since then, it has grown exponentially, becoming a thriving hub for business, and has helped more than 9,000 companies so far. JAFZA’s reach is spectacular with 100+ global companies constantly seeking its services. It is one of the largest customs-bonded zones in the Middle East. Also, it has skillfully bridged the gap between nations, helping them find a common yet profitable global space to carry out healthy business dealings.
JAFZA has already offered livelihood to over 13,000 people. You can take business setup in Dubai to the next level with groundbreaking strategies of the company. It takes care of all the business legalities and ethics required for JAFZA offshore company formation. Highly driven by a client and community-centered approach, JAFZA continues to expand as one of the best jurisdiction in the U.A.E.
Advantages and Limitations
Advantages:
- 100% Ownership
- Permitted to own freehold property in Dubai
- No capital requirements
- Asset Protection
Limitations:
- Cannot carry out business (or provide services) with a UAE based customer / supplier
- Cannot have a physical office in UAE
- Cannot sponsor UAE residence visas for employees / directors / shareholder
Features of JAFZA Offshore
Must end with “Limited”
- Minimum: 1
- Residency Requirements: None
- Corporate Shareholder: Permitted (legalized corporate documents upto UAE Embassy are required to be submitted)
- Required to be filed to the registry
- Shareholders or their authorized attorneys need to visit in person to sign in presence of JAFZA officials for incorporation of the company.
- Minimum: 1
- Currency: AED
- Form issued: Registered Shares
- Classes of shares: one or more
- Minimum: 1
- Residency Requirements: None
- Corporate Directors: Permitted
- Required to be filed to the registry
- Minimum: 1
- Residency Requirements: None
- Required to be filed to the registry
- No public disclosure of information
Not required under JAFZA regulation, however it is recommended to prepare audit report, as this may be required by the authority during compliance inspection.
Yes, the company is required to maintain accounting information. Accounting records should include detailed transactions and accurate financial statements, underlying documentation such as invoices, contracts and all other relevant documents pertaining to accounts records including business transactions should be maintained for a period of 5 years with their Registered Agents at the Registered Office.
Not required to be filed to the registry
Yes, Company must appoint an approved registered agent.
Registration of the JAFZA Offshore will take approx. 10 working days.
All the companies which are registered in UAE shall compulsorily register for Corporate Tax. In case of companies, there is no threshold for CT Registration and it is mandatory to register in any case. The company must complete the registration 3 months from date of incorporation.
Every anniversary date of incorporation
Allowed
Allowed
Documents Required for JAFZA OFFSHORE Company Registration
Individual’s KYC Docs:
- Passport – original to be verified personally in the office, otherwise client can provide an original notarized copy of the passport
- U.A.E. Visa Copy, if applicable
- UAE Entry Stamp, if applicable
- N.O.C. from UAE Sponsor, if applicable
- Address Proof (original recent utility bill for residence)
- Bank Reference letter (original)
- CV / Profile
- Dully filled FATCA Form
Corporate Shareholder’s KYC Attested upto UAE Ministry:
- Certificate of Incorporation
- Memorandum / Articles of Association
- Board Resolution
- Power of Attorney
- Certificate of Incumbency
- Certificate of Good Standing
JAFZA Company Formation Cost
All shareholders (or authorized attorney in case shareholder is a corporate entity) are required to personally visit and sign in presence of JAFZA Offshore Authority before incorporation of the company. Alternatively they can issue a POA duly attested by UAE consulate in their country of residence & thereafter attested by UAE Ministry of Foreign Affairs (which may cost approx. AED 2,500/- per POA).
| 1st Year Fees & Charges: | |
|---|---|
| Authority fees for incorporation | AED 10,100/- |
| 2nd Year Onwards: | |
|---|---|
| Authority fees for renewal | AED 2,500/- |
*Professional Fees for Incorporation of JAFZA Offshore Company and Annual Registered Agent Fees are to be quoted separately.
Do you want to setup a company in JAFZA Offshore? Get in touch with our business setup consultants.
Global Business Services FZCO has helped many individuals and corporate entities to set up their businesses in JAFZA Offshore. Our company acts as a one-stop solution for JAFZA Offshore company incorporation services. We are the top-rated business setup consultants that can help you with business setup in JAFZA.
Furthermore, we offer professional and affordable services for business setup in Dubai and other emirates in UAE. We have a team of experts to provide you with accounting services in UAE, VAT Consultancy, Shared CFO, UBO Declaration, UAE Corporate Tax, AML in UAE and onshore (Free Zone) or offshore company formation in the UAE.
Why Choose GBS for Company Formation Services in UAE?
Understanding Clients’ Needs
As the best business setup consultancy firm in UAE, our team provides thorough analysis of client requirements and offers a personalized approach tailored to meet each client's needs.
Flexible Pricing & Cost Transparency
For company formation service in UAE, we offer flexible pricing and cost transparency with top of the line multiple payment options, including online payments and bank transfers
Years of Expertise
Global Business Services FZCO holds years of expertise while offering unmatched guidance and support when starting your new venture.
Work Track Record
As a prominent business advisor and consultant, GBS boasts a world-class track record, successfully supporting many firms across various industries.
Client words
Hear what our satisfied clients have to say about their successful journeys with us.
-
10,000+
Companies formed
-
100%
client satisfaction
I had a fantastic experience with the Global Business Services FZCO. their team was knowledgeable, professional, and efficient. they guided me through the entire process of establishing my business. I highly recommend their services to anyone looking to set up a business in Dubai.
I hired Global Business Services for my online store in Dubai Free Zone. They quickly handled everything from visas to paperwork. Great experience overall.
I’m happy to choose Global Business Services FZCO for their outstanding business setup services in UAE. Their professional team guided me through each stage, answering all my questions quickly and clearly. Their personalized approach made me feel well taken care of.
