Taxation
Expert taxation and financial management solutions
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Financial Forecast & Projection
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Tax Residency Certificate in UAE
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PRO Services
Professional support for all your business needs
PRO Business Services Overview
MEA & MOFA Attestation
Golden Visa
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Assistance in Bank Account Opening in UAE
DIFC Formation
Pioneering Excellence in Financial Foundations.
Overview
DIFC Foundation
DIFC Prescribed Company
DIFC Innovation Hub
DFSA Regulated Entities
In 2003, Jebel Ali Free Zone Authority (JAFZA) introduced specific regulations for forming offshore companies in Jebel Ali Free Zone.
JAFZA offshore companies are not allowed to do banking or insurance business, suitable for German entities looking for asset holding or investment vehicles.
Passport copy Clear copy of the valid passport for each shareholder.
Utility bill Not older than 90 days, showing name and address—applies to German residents applying for offshore formation.
Bank reference letter or bank statement Can be issued by a German or international bank to show financials.
CV of the shareholder Detailed resume showing professional and business experience.
Business plan Overview of the intended activity—especially for German investors expanding globally.
Filled in application form Standard registration form filled with correct data.
Other compliance documents Includes notarized KYC/AML documents as per Dubai authority requirements.
At least one shareholder is required A German individual or a corporate entity can be the shareholder.
Corporate shareholders are allowed German companies can be shareholders if all incorporation documents are attested and notarized.
Director requirement One director is mandatory; identity is confidential.
Company secretary is compulsory One person can be both the director and the secretary.
Confidentiality of shareholders Shareholder names are not disclosed in public records.
Minimum one shareholder is required.
A corporate company can also be a shareholder in an offshore company. However, all attested documents are required for a foreign corporate company.
Flyingcolour Business Setup assists in all types of company formation across UAE—Mainland, Free Zone and Offshore—for German entrepreneurs. We also help in opening UAE bank accounts and coordinate with local authorities for a smooth process.