Offshore Company Formation in Dubai
The Jebel Ali Offshore is an important jurisdiction for opening an International Business Company in UAE. In Dubai, it is the only offshore jurisdiction for investor to choose. Foreign investors can register their company with the Jebel Ali Offshore and obtain their company incorporation certificate and other documents within 3-5 days of document submission.
The Jebel Ali Offshore is governed by the Jebel Ali Free Zone Authority. JAFZA Offshore is legally entitled to register non-resident companies for foreign investors to conduct international business operations. JAFZA Offshore enables offshore company formation by individuals and corporate entities in UAE.
JAFZA Offshore Company Setup – Procedures
- Preparing the company setup application form. A few basic shareholder details, company name, business activity, etc., must be mentioned along with the application form.
- The fee payment for setting up the JAFZA Offshore company is to be initiated
- After the review of the documents, the JAFZA Offshore Authority will issue the Company Incorporation Certificate and other company documents within 3-5 Working Days.
- The offshore company would require the REGISTERED AGENT to have a physical office and address of communication in UAE.
- The Registered Agent will act as the representative of Offshore Companies for all the company renewals, related communications, and coordinate the company formation for offshore companies in UAE.
Offshore Company Setup in JAFZA
JAFZA, is the authority that governs the operations and administration aspects of the offshore Companies. It allows the formation of an offshore Company by individuals or corporate bodies.
However, the company will be a non-resident company and will not be able to do any business within UAE.
Offshore Company Formation in Dubai is an ideal option for foreign investors who do not want to obtain a UAE residence visa but conduct international business through a company registered in Dubai Offshore. JAFZA Offshore is the only choice in Dubai for foreign investors to register an offshore company.
There is a wide range of business activities and company types in UAE for registering an Offshore Company in Dubai. It can be registered as a Holding Company, International Consulting company, general trading, property ownership, ship management, special purpose vehicles, and more.
Documents & Details Required For Individual Applicant
Features
JAFZA Offshore Company formation has several advantages to the investors. The Offshore jurisdiction is well structured and has a strong governance from Jebel Ali freezone in the Emirate of Dubai. The Authorities from JAFZA oversee the administrative operations and compliance requirement of the Offshore Company.
Following are the features of a JAFZA Offshore Company:-
Dubai Offshore Company Formation
The Dubai Offshore Company Formation is a prospective business investment for foreign investors. JAFZA Offshore Company Setup in Dubai enables the investors to purchase a property in Dubai Freehold areas, conduct international business operations, open holding companies, and more.
The JAFZA Offshore Company Setup in Dubai allows registering of companies in the JAFZA Offshore for investors to conduct international business operations.
The Services or goods traded by the international Offshore companies are not eligible to enter the UAE local market. Offshore Companies are registered only for conducting international operations.
The Investor or the employees cannot apply for a UAE Residence Visa, however, the company can open a local corporate bank account and purchase a property in designated freehold areas in Dubai.
