JAFZA Offshore Company Formation
Easy Steps to Register Your Company
Duly Fill Company Registration Application
Upload the Essential Documents
Signing of the Documents
Avail Other Services
Company Dispatch Kit
Offshore Banking Partners
Our Banking Partners
Dubai(JAFZA) Offshore Company Formation Advantages
Nil or Low Corporate Tax
Business confidentiality
Minimum Reporting
World-class Banking Infrastructure
Free Re-domiciliation
Characteristics of Dubai(JAFZA) Offshore Company
|
Company Type |
Multiple Shareholder Company, Single Shareholder Company, Branch of an Existing Company |
|---|---|
|
Confidentiality |
A high amount of anonymity and privacy |
|
Suffix to the Company Name |
Limited |
|
Types of Business Licenses Issued |
Industrial License Service License National Industrial License Innovation License Trading License E-Commerce License |
|
Foreign Ownership |
Complete 100% ownership |
|
Availability of Nominee shareholders |
Yes |
|
Preparation of Company Accounts |
Yes |
|
Possibility of Migration |
Yes |
|
Tax Rate |
Nil |
|
Currency |
AED |
|
Permission of Bearer Shares |
No |
|
Availability of Shelf Companies |
No |
|
Availability of Registered Office |
Yes |
|
Redomiciliation from another jurisdiction to JAFZA |
Yes |
Documents Required to Set up Offshore Company in Dubai(JAFZA)**
- Passport copy of the director(s) and shareholder(s)
- Utility bill (telephone/mobile/water/electricity) or bank reference letter (issued within 3 months from today)
- CV of the director(s) and shareholder(s)
Dubai(JAFZA) Offshore Company Formation is Ideal For
Legal Consultants
Lawyers
Accountants and Auditors
Hold lease of property
FAQs
1. Is it possible to convert an Offshore Company to a Free zone Company?
Yes, JAFZA provides the flexibility to the business investors to convert an offshore company to a free zone company.
2. What is the minimum number of directors required to start an offshore company in JAFZA?
JAFZA Offshore company can be incorporated with the presence of minimum one director.
3. What is the minimum number of shareholders required to start an offshore company in JAFZA?
JAFZA Offshore company can be incorporated with the presence of minimum of two shareholders.
4. Is it required to hold a Company Secretary for an Offshore Company?
Yes, an offshore company in JAFZA must hold a company secretary.
5. What are the restricted business activities in JAFZA?
The list of the restricted business activities in JAFZA includes:
• Carrying out direct commercial activity in the UAE
• Banking business
• Insurance or re-insurance activities
• Broker business
• Any other business activity prohibited by the Authority
*Duration is subject to the constraints of the due diligence procedure.
**The required documents must be provided for every individual related to the company.
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