Offshore Company Formation in JAFZA

September 13, 2019
Offshore Company Formation in JAFZA

Established in 1985, Jafza is one of the world’s largest & fastest growing free zones. Today Jafza is spread over an area of 48 sq. km and is home to over 6400 companies, including over 120 of the Fortune Global 500 enterprises, from across the world. It is a leading driver of the burgeoning UAE economy. With its impeccable track record, Jafza stands for innovation, customer centricity, transparent operations, and entrepreneurial dynamism.

Offshore company formation in JAFZA, is a dream come true for foreign investors due to its uniqueness, overseas status, tax exemptions, liberal government laws and policies, and political and economic stability of the jurisdiction.

For company formation in Jafza, you also need a registered agent to interact with the JAFZ Authority. Innovative Zone is a registered agent for JAFZA and can offer you the best packages for business setup in JAFZA free zone.

Benefits of JAFZA Offshore Company

  • Allows 100% ownership to foreign national
  • Local UAE Sponsor is not required.
  • Income or personal tax exemption
  • Bank account opening in Dubai
  • JAFZA offshore companies can own real estate property in Dubai
  • Complete anonymity & privacy for shareholders & directors

JAFZA Offshore Company Setup

JAFZA, under Jebel Ali Free Zone Offshore Companies Regulations 2003, allows the formation of an offshore Company by individuals or corporate bodies, as a non-resident company, having a corporate legal entity.

Required documents for individual applicant(s):

  1. Valid clear and legible passport copy;
  2. CV or personal profile; and
  3. Copy of proof of residential address (i.e. utility bill which includes physical address).

Required documents for corporate applicant(s):

  1. True copy of valid Certificate of Registration or Incorporation Certificate or Commercial Registry;
  2. Valid Certificate of Good Standing (for offshore companies);
  3. True copy of the Memorandum and Articles of Association;
  4. Board of Directors Resolution (or Shareholders Resolution) calling for the establishment of the offshore company and appointing the director(s) and the secretary;
  5. Certificate of Incumbency – to trace beneficiary owners; and
  6. Passport copies of the beneficiary owners.

Required documents for director(s) and secretary:

  1. Valid, clear and legible passport copy;
  2. CV or personal profile.

Innovative Zone offers quick, safe and hassle-free solutions for offshore company formation in JAFZA. We help you register your offshore company, get company incorporation certificates for you and provide PRO services with relevant government agencies.

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