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JAFZA Offshore Company Setup

JAFZA Offshore Company Formation

The JAFZA (Jebel Ali Free Zone Authority) was established in 1985. Based in an industrial area surrounding the Jebel Ali Port, it enjoys the special privileges of the free zone including tax exemptions. These companies can take advantage of zero personal income tax and import or export duties. The salient features of a JAFZA Offshore Company include a minimum of one shareholder & two directors, a mandatory requirement for a secretary, and annual reporting. However, there is no fixed share capital requirement for the JAFZA Free Zone company formation in Dubai. Jebel Ali is strategically located in proximity to prominent places like Dubai, Abu Dhabi, and Al Maktoum International Airport. The Jebel Ali Free Zone Authority (JAFZA), started the Offshore Company in 2003 in collaboration with the Dubai Government. Such companies fall under the ambit of Jebel Ali Free Zone Offshore Companies Regulations 2003. JAFZA Offshore Company Formation in Dubai boasts of brilliant logistics, world-class infrastructure, and facilities.

Permitted Activity

 To ensure Contact with Professionals including legal consultants, lawyers, accountants, and auditors
 To hold and participate in shareholders and Directors meetings in the UAE
 To hold lease of property for use as a registered office or own real property in the Palm Islands or Jumeirah Islands or any property owned by Nakheel Company LLC or any other real property approved by authority.
 To open a Bank in the UAE to conduct routine operational transactions.
 To become shareholders of Freezone & LLCs.

Benefits of setting up a JAFZA Offshore Company in Dubai

 These companies enjoy Asset Protection
 100% anonymity, confidentiality, and privacy in operations.
 Ease of business operations & control.
 100% Foreign Ownership
 Exemption from corporate tax for 15 years
 Exemption from personal, corporate, and professional taxes.
 Can enjoy profit Maximization and tax minimization.
 Non-requirement for filling Annual Audit Reports.
 No Minimum capital requirement.
 Protection of investments.
 Can open Corporate Bank account in multi-currencies
 Does not fall within the ambit of VAT
 Private Company Formation

RAK Offshore Company Formation

Those investors who are looking to start businesses in the United Arab Emirates (UAE), but their business model doesn't intend to conduct any business in UAE.

JAFZA Offshore Company Formation

The Jebel Ali Free Zone Authority (JAFZA) permits the formation of special status offshore companies or non-resident companies in Dubai,

Ajman Offshore Company Formation

Offshore company formation in Ajman was allowed only as late as 2014. The Ajman Free Zone Authority offers benefits such as zero taxation,

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