Jebel Ali Offshore Company Setup for Australians
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In 2003, the Jebel Ali Free Zone Authority (JAFZA) established laws to register offshore companies within its free zone, making it an attractive option for Australian entrepreneurs and investors looking to expand internationally.
- JAFZA offshore companies are highly regarded by global financial regulators, giving Australian businesses credibility and security.
- Australians can fully own their JAFZA offshore company without the need for a UAE local sponsor.
- A bank account for a JAFZA-registered offshore company can be opened in multiple currencies, supporting global transactions with ease.
- You must appoint a registered agent to form a JAFZA offshore company, ensuring compliance and smooth processing.
- JAFZA offshore companies cannot operate with a physical office within the UAE, making it purely for international business activities.
- To complete formation, shareholders must visit JAFZA in person.
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JAFZA offshore firms cannot engage in banking or insurance activities.
- The Dubai Land Department grants JAFZA offshore companies the right to own freehold properties in Dubai – ideal for Australian investors.
- Offshore companies in JAFZA can own shares in UAE mainland businesses, expanding your regional investments.
- Shareholders’ and directors’ names are not listed on the public register, maintaining confidentiality for Australian owners.
- Since January 2019, all offshore enterprises must submit ESR notifications as per UAE’s Ministry of Economy regulations.
- Government-imposed VAT does not apply to JAFZA offshore companies, reducing operational costs significantly for Australian businesses.
Key Benefits of Forming Offshore Company in Jebel Ali Free Zone Authority (JAFZA) in Dubai
Asset protection
Succession planning
Privacy and Anonymity
Low operational cost
Owning shares in other onshore companies
Operational bank account in multi currency
Invoicing internationally for trading and services businesses
Owning freehold real estate in Dubai
Owning shares in mainland LLC
Popular Business Activities in an Offshore Company Registered with JAFZA Dubai
Property holding
Asset or share holding
Investment holding in form of stocks, precious metals and funds
International trading
International consultancy services
Holding IP rights
Documents Required to Register Dubai Offshore Company
Passport copy
Utility bill showing name and address not more than 90 days old
Bank reference letter from any recognised bank or your latest bank statement
CV or resume of the shareholder(s)
Business plan: Outlining proposed activities and operations
Duly filled application form
Any other compliance process as required by the registered agent or UAE authorities
Minimum Legal Requirements for JAFZA Offshore Company Registration in Dubai
Minimum one shareholder is required.
Corporate shareholding allowed– An Australian company can be a shareholder in a JAFZA offshore company, but all attested documents are required for foreign corporate shareholders.
Director appointment mandatory – Every offshore company must have a director. Director names are not listed in public records, ensuring privacy.
Secretary appointment is compulsory for JAFZA offshore companies.
Shareholder names remain confidential and are not available on public registers.
Special Note
Minimum one shareholder is mandatory.
Corporate entities can be shareholders, but all attested documents are required for the Australian corporate entity to qualify as a shareholder in the offshore structure.
Flyingcolour® assists Australian entrepreneurs and businesses in registering their companies in the UAE – whether Mainland, Free Zone, or Offshore. We also support opening bank accounts with all major UAE banks and ensure your formation process is compliant and smooth. Our team works closely with UAE Government Departments and banks to make your offshore setup seamless.