JAFZA Offshore
Introduction
Jebel Ali Free Zone is a veritable catalyst for big time investments and big businesses. It is one of the largest and fastest expanding free zone of UAE. Home to over 7000 companies, including over 120 of Fortune Global 500 enterprises, Jebel Ali Free Zone is an ideal location for setting up an offshore company i.e. located between Dubai and Abu Dhabi, has the largest man-made sea port in the world, provides brilliant environment for logistical activities, and has excellent infrastructure and enviable client list. Since 2003, JAFZA has formally allowed offshore setups to open up in its Free Zone, under the Jebel Ali Free Zone Offshore Companies Regulations. Both individuals and companies can establish offshore companies in JAFZA.
Businesses Classification
Investment Company
A Holding Company
Joint Investment Company
Shipping Management Company
JAFZA Offshore Entity for holding property & assets
Trading Company
Copyright/Patent Company
Set an offshore company in uae and ease your business
Advantages of JAFZA Offshore Company
- No corporate or income tax payment
- 100% foreign ownership is allowed
- No restriction on capital and profit repatriation
- No need to have an office space for setting up an offshore company
- No requirement for minimum capital
- Secure environment for investment and asset
- Can hold properties in designated areas
- Allowed to hold shares in UAE free zone companies and LLCs
- Having a legal status for carrying on bona fide business thus making it easier to conduct business within the Middle East, outside UAE
- JAFZA offshore has a reputation as a serious global hub for trading and manufacturing, which is advantageous for the company
- Only offshore companies registered in JAFZA can own property, either in their individual names or through UAE companies
- Can hold multiple currency bank accounts in UAE
- Easy and simple company registration
- Assistance with banking, insurance, visas, accounting, legal matters, and feasibility studies and so on.