JAFZA Offshore Company Setup
A JAFZA Offshore Company is established within the Jebel Ali Free Zone, Dubai. It is one of the most prestigious offshore structures in the UAE, offering strategic benefits for international trade, asset protection, and corporate tax planning.
JAFZA offshore companies are governed by the JAFZA authority, providing a reputable platform for business operations.
Advantages of JAFZA Offshore Companies
- Global Credibility: JAFZA’s reputation as a world-class free zone enhances the credibility of offshore companies.
- 100% Foreign Ownership: No requirement for local sponsorship.
- Banking and Real Estate Access: Offshore companies can open UAE-based bank accounts and own properties in freehold areas.
- No Corporate Taxes: Full exemption from corporate and personal income taxes.
- Confidential Operations: The identities of shareholders and directors are not disclosed publicly.
Permitted Activities for JAFZA Offshore Companies
– International Trade and Commerce: Facilitate trade without operating within the UAE market.
– Holding Company: Manage investments and shares in other businesses.
– Real Estate Investment: Purchase properties in designated freehold areas.
– Asset Protection and Wealth Management: Secure financial assets and intellectual property.
Process of Setting Up a JAFZA Offshore Company
- Reserve a Trade Name: Ensure the business name aligns with JAFZA regulations.
- Submit Documentation: Provide passports, business plans, and proof of address for shareholders.
- Appoint a Registered Agent: Offshore companies require a local agent to manage compliance.
- Receive Incorporation Certificate: After approval, the company is officially incorporated.
- Open a Corporate Bank Account: Facilitate global operations through UAE bank accounts.
Neo Vision Corporate Services provides seamless solutions for establishing JAFZA offshore companies, ensuring compliance with local regulations and assisting with bank account setups