Dubai(JAFZA) Offshore Company FAQs

1. Can an offshore company rent local premises?

No, an offshore company does not hold permission to rent local premises.

2. How long does it take to incorporate an Offshore Company in Dubai(JAFZA)?

The time required to start an incorporate an offshore company in Dubai(JAFZA) is 6-7 working days.

3. Are bearer shares allowed in Dubai(JAFZA)?

No, as per the Dubai(JAFZA) regulations, business entities can’t hold bearer shares.

4. Does an offshore company in Dubai(JAFZA) require Local Sponsorship?

No, a Dubai(JAFZA) incorporated business entity doesn’t need to proceed with Local Sponsorship.

5. What is the minimum number of shareholders required to open an offshore company in Dubai(JAFZA)?

A minimum number of two shareholders are required to open an offshore company in Dubai(JAFZA).

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Business Setup Worldwide is a platform to help you set up your business. Right from incorporation, registration and licensing to establishing your office space, we facilitate the formation of your company through expert counseling and incubation.

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Posted on 26, Oct 2020