Jebel Ali Free Zone is one of the rapidly expanding free zones in the UAE. Its proximity to the Jebel Ali Port, the largest man-made port in the world, makes it a location of strategic importance. Housing more than 120 of Fortune-500 companies and over 7000 companies, the Jebel Ali Free Zone has emerged as one of the most sought-after destinations to kick-start manufacturing and trading companies. JAFZA is the largest free zone in the world and the first in the UAE.
In 2003, JAFZA became the first free zone to introduce offshore company formation to lure domestic and foreign investors. It offers a plethora of benefits to offshore companies including a state-of-the-art infrastructure. It is the only offshore company available for purchasing properties and real estate in Dubai.
To start a company in JAFZA offshore must comply with the norms and requirements listed under Jebel Ali Free Zone Authority Offshore Companies Regulations.
Listed below are some of the essential features that your company must follow.
On average, it costs around 4,930 USD to incorporate an offshore company in JAFZA. The JAFZA offshore company costs vary depending on the structure of your company and the complexities involved. To know the exact costs, book a free consultation with our JAFZA company formation experts in Dubai.
Oxbow Corporate Services houses the best company formation experts in Dubai. We hold rich experience in enabling entrepreneurs to incorporate and operate their businesses in Dubai. Right from document curation and submission to registering your business entity and obtaining approvals, our experts will help you through each step of the process.
Offshoring refers to the business activities that companies undertake outside their home base. Offshore companies in Dubai are those that are registered as business entities in Dubai but are allowed to base themselves in locations that are outside Dubai. You are allowed to start an offshore company in Dubai as individual shareholders or corporate shareholders.
JAFZA is the only free zone that allows offshore companies to purchase and own properties and real estate in Dubai. Such offshore companies are allowed to hold shares of both free zone and LLCs. The Jebel Ali Free Zone Authority allows individual shareholders and corporate shareholders to incorporate an offshore business. The shareholders and directors must appear physically before the registrar while submitting the application. It does not allow corporate directors and requires a minimum of two directors.
To setup a company in JAFZA offshore, following are the basic steps.
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