Offshore Company Formation: Jebel Ali

The Jebel Ali Free Zone Authority (JAFZA) introduced regulations in 2003 for JAFZA offshore company formation inside the Jebel Ali Free Zone. As a result, the international business community can now establish offshore entities at JAFZA in line with other international offshore jurisdictions. Regulations were framed in a manner so as to deliver the convenience and efficiency of global offshore locations and maintain a high repute with international financial authorities.

Features and Regulations

Regulations have been framed to deliver the convenience and efficiency of global offshore locations but at the same time maintain a high repute with international financial authorities.
A JAFZA offshore company has the capacity and privileges of a natural person.
No minimum capital requirement.
All shares must be fully paid when allocated and no bearer shares or differential classes of shares are allowed. There is no requirement to deposit the capital in bank.
The minimum number of Directors shall be two. Once JAFZA offshore company registration is conducted, every offshore company in Dubai should have a Secretary (a UAE resident) who may also be a Director of the company.
100% foreign ownership permitted.
Total tax and duty exemption.
An efficient regulatory regime.
Opening a corporate bank account in a bank at Dubai.
A registered agent (legal firms, auditors, consultants) is required to be appointed after JAFZA offshore company formation from the approved list of registered agents maintained by JAFZA. We are an approved registered agent with JAFZA.
The Offshore domicile is located in the Jebel Ali Free Zone (JAFZ).