Offshore Company Formation In Jebel Ali

A To Z Guide For Company Formation For Jebel Ali Offshore Company (JAFZA) In Dubai

Overview About Jebel Ali Offshore Company (JAFZA) in Dubai

  • In 2003, Jebel Ali Free Zone Authority (JAFZA) introduced regulations for JAFZA offshore companies in Jebel Ali Free Zone.

  • International financial authorities consider JAFZA offshore as a trusted jurisdiction for Indian investors looking to go global.
  • 100% foreign ownership is allowed, a big plus for Indian entrepreneurs who want to keep full control of their Dubai entity.
  • A bank account for JAFZA offshore company can be opened in multiple currencies for smooth international trade from India.
  • A registered agent is required to register a JAFZA offshore company and Flyingcolour Business Setup can help Indian clients with this requirement.
  • JAFZA offshore company cannot rent an office in UAE, which makes it ideal for Indian investors looking for holding or international trading structures.
  • Shareholders need to come to JAFZA in person to form the company. For Indian nationals, our team can assist with travel arrangements and documentation support.

  • JAFZA offshore company cannot do banking or insurance business, which is suitable for Indian companies looking for an international asset holding or investment platform.

  • The Dubai Land Department has given JAFZA the right to own freehold properties in Dubai, so Indian HNIs and investors have a legal structure for real estate investments.
  • Shareholders and directors names are not listed on the public register, so Indian investors have more confidentiality and privacy.
  • As per the Ministry of Economy, all offshore companies need to submit ESR notification from January 2019 and our advisors ensure Indian clients are fully compliant.
  • Government imposed VAT does not apply to offshore companies which is beneficial for Indian businesses involved in international trade.
Overview about jebel ali offshore company jafza in dubai

Key Benefits of Forming Offshore Company in Jebel Ali Free Zone Authority (JAFZA) in Dubai

1

Asset protection

2

Succession planning

3

Privacy and Anonymity

4

Low operational cost

5

Owning shares in other onshore companies

6

Operational bank account in multi currency

7

Invoicing internationally for trading and services businesses

8

Owning freehold real estate in Dubai

9

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
Clear copy of valid passport of each shareholder.

Utility bill showing name and address not more than 90 days old
For Indian residents applying for offshore setup.

Bank reference letter from any bank or bank statement
To verify financials; a letter from an Indian or international bank is acceptable.

CV of the shareholder
Detailed resume showing professional background and experience.

Business plan
Outline of business activity—especially for Indian entrepreneurs targeting the global market.

Filled in application form
Standard offshore company registration form filled with correct information.

Any other compliance process as required by authority or registered agent
KYC/AML or notarized documents as per Dubai authority guidelines.

Minimum Legal Requirements for JAFZA Offshore Company Registration in Dubai

 

Minimum one shareholder is required.
 An Indian individual or a foreign entity can serve as the sole shareholder.

 

A corporate company can also be a shareholder in an offshore company. However, all attested documents are required for a foreign corporate company.
 Indian companies can invest as corporate shareholders, provided all incorporation and authorization documents are notarized and attested.

 

Having a director is a must in an offshore company. Director names are not available in the public domain.
 You must appoint at least one director. The director’s identity remains confidential and is not listed publicly.

 

Appointment of secretary is mandatory in JAFZA offshore.
 A company secretary is mandatory. One person can act as both director and secretary.

 

Shareholders names are not available on public domain.
 For privacy and confidentiality, shareholder details are protected and not disclosed publicly.

Special Note

 

 

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 assists in all types of company registrations in the United Arab Emirates. We assist in Mainland, Free Zone, or Offshore company registrations in all Emirates of the UAE and also assist in opening bank accounts with all local leading banks. We closely work with all Government Departments and banks.