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JAFZA Offshore

Setup a company in JAFZA Offshore.

End-to-end support
Hassle-free incorporation
Low-cost setup

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.

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JAFZA Offshore Regulations

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.

  • The company should have atleast two directors and one shareholder.
  • Companies must submit accounting details every year.
  • It is required that shareholders and directors be physically present and sign the company incorporation documents.
  • The JAFZA offshore company is only issued a certificate of incorporation and not a license.
  • JAFZA offshore company is not allowed to
        • Undertake business with the UAE residents.
        • Undertake banking and insurance-related operations
        • Take interest in real estate properties other than those authorized.

Benefits of Setting up a JAFZA offshore company

  • Zero corporate and income taxes
  • Complete repatriation of capital and taxes
  • 100% Foreign ownership
  • No minimum capital requirements
  • Closeness to major sea and airports
  • Ability to purchase and hold properties
  • Ease of conducting international business
  • Ability to open and operate a multi-currency bank account
  • JAFZA offshore company cost is low when compared to other jurisdictions
  • An offshore company is allowed to hold shares in a UAE free zone company.

What is the process of starting a JAFZA offshore company?

To start a company in JAFZA offshore, you need to go through a registered agent and you are not allowed to do it directly with the government authority.
Following are the key steps that you must follow to set up a company in JAFZA offshore.

 

Application Process
  • Get in touch with a reliable agent. Oxbow Corporate Services is one of the leading JAFZA company formation agents.
  • The next step is to sign the application for an incorporation certificate and submit the same to the Registrar of JAFZA. To do this, the shareholders should appear personally before the JAFZA offshore executive.
Documents Required
  • Proof of residency - Utility bills
  • Copy of a valid Passport for the shareholders
  • Bank reference letter
  • For corporate shareholders,
      • the Memorandum of Association and Article of Association of the parent company
      • Board resolution

Our JAFZA offshore company formation expert in Dubai will guide you through the exact set of documents required.

Certificate of Incorporation
  • Once the registrar verifies the documents and is satisfied with the authenticity of the application, he will offer his consent.
  • The registrar will issue the incorporation certificate and allocate a registration number for the offshore company.


JAFZA Offshore company cost

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.

Set up your offshore company with oxbow corporate services. All that you need is only a click away!!

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.

Frequently Asked Questions

1. What is an offshore company?

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.

2. What are the features of JAFZA offshore company?

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.

3. What is the process of starting a JAFZA offshore company?

To setup a company in JAFZA offshore, following are the basic steps.

  • Pick a name for the company
  • Talk to our company formation experts.
  • Complete the application form.
  • Curate the required documents needed for the process.
  • Appear physically and sign the application under the witness of the registrar.
  • We will also help you open a bank account.

Get In Touch With Us!

Phone

  • +971 505 675 616
  • +971 4 580 6343

Email

  • incorp@oxbowcs.ae
  • info@oxbowcs.ae

Address

P.O. BOX:84706, Office No.108, Coastal Building, Al Qusais 2, Dubai, UAE

Contact Us​

Get In Touch With Us!

Phone

  • +971 545 444 888
  • +971 4 451 9876

Email

  • incorp@oxbowcs.ae
  • info@oxbowcs.ae

Address

Office No : 1109, Bay View Tower, Marasi Drive Street, Business Bay, Dubai, PO BOX : 84706

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We assist you in getting all the information, resource, and consultation you need for company formation in UAE that turns your investment into a growing business in the Gulf.

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Get in touch

incorp@oxbowcs.ae

+971 545 444 888

+971 4 451 9876

Office No : 1109, Bay View Tower, Marasi Drive Street, Business Bay, Dubai, PO BOX : 391085

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