JAFZA Offshore Company Setup
JAFZA Offshore: Own Globally, Tax-Free!
JAFZA Offshore Company Setup refers to establishing a business within the Jebel Ali Free Zone Authority (JAFZA), a prominent offshore jurisdiction in the UAE. This setup allows foreign investors to own 100% of the company, without a local sponsor, while benefiting from tax exemptions and a stable business environment.
JAFZA Offshore companies are ideal for holding assets, international trade, and other non-UAE-based business activities. These companies are not permitted to conduct business directly within the UAE market, but they can operate globally and leverage the strategic location and world-class infrastructure of Dubai.
Steps to JAFZA Offshore Company Setup
- Choose a Business Activity: Select a permissible offshore activity (e.g., holding, trading).
- Appoint a Registered Agent: Engage an authorized JAFZA agent for assistance.
- Select Company Name: Choose a unique name complying with JAFZA guidelines.
- Prepare Documents: Submit passports, proof of address, and business profiles.
- Submit Application: File documents through the registered agent to JAFZA.
- Pay Fees: Cover registration, licensing, and agent fees.
- Receive Incorporation: Obtain the Certificate of Incorporation and other documents.
- Open Bank Account: Set up a corporate bank account.
- Renew Annually: Comply with annual license renewal requirements.