Jebel Ali Free Zone Authority (JAFZA) stands as a benchmark for Company Setup in JAFZA, blending efficiency with corporate excellence. Renowned for streamlined JAFZA Offshore Company Formation, JAFZA offers a strategic gateway to global markets.
JAFZA Company Setup Cost and JAFZA Trade License Cost are competitively priced, reflecting JAFZA’s commitment to fiscal transparency and business viability. This makes JAFZA Offshore Company Setup not just a choice, but a prudent investment for businesses aiming to thrive in a dynamic international landscape.
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Advantages of Setting Up Your
JAFZA Offshore Company Formation
Discretion and Privacy
The JAFZA Offshore Company Setup offers unparalleled privacy protections. It keeps sensitive financial data and personal details of directors and shareholders away from public records. Moreover, JAFZA’s offshore companies are exempt from mandatory audits, ensuring higher confidentiality.
Enhanced Asset Protection
Choosing JAFZA Offshore Company Setup comes with the assurance of safeguarded assets, especially in legal scenarios. This creates a secure barrier, protecting the company’s assets and investor interests from external liabilities.
Gateway to Global Markets
Establishing a JAFZA-based offshore company immediately elevates your business’s reputation, facilitating international collaborations and business growth. Additionally, it grants the ability to open UAE bank accounts, essential for international financial operations and access to a variety of currencies.
Favorable Tax Conditions
With the UAE’s 9% corporate tax rate introduced in 2023, JAFZA Offshore Company Setup still stands as a financially attractive option. These companies enjoy tax exemptions as they operate outside the UAE, presenting a significant economic advantage.
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Set Up an Offshore Company
Depending on your business needs, you may choose to set up an offshore company from one of these three options:
RAK ICC
Jafza
Ajman Free Zone
Jebel Ali Free
Zone (JAFZA)
JAFZA is a dynamic business center attracting a vast array of sectors such as logistics, electronics, automotive, food & agriculture, and e-commerce. It garners nearly 25% of Dubai’s foreign direct investments. Company Setup in JAFZA taps into these diverse industries, offering a range of benefits.
Benefits
Exclusive Property Ownership: Enables JAFZA Offshore Company Setup entities to legally own property in Dubai.
Flexible Directorship Options: Allows different individuals to be directors and shareholders in JAFZA Offshore Companies.
No Physical Office Requirement: Reduces JAFZA Company Setup Cost by eliminating the need for a physical office space.
Strategic Investment Opportunities: Permits JAFZA Offshore Company owners to hold shares in UAE free zone companies and LLCs.
JAFZA Offshore Company Setup differs from mainland and free zone companies. Instead of business licenses, offshore companies receive certifications to operate UAE-based firms, adhering to the regulation that they cannot operate within the country.
Here are the company types or activities suited for JAFZA Offshore Company Formation:
Banking
Insurance
International
Trade
Holding
Companies
Property
Owning
Registration of
Copyrights & Patents
International
Consulting
Requirements for Setting Up a
JAFZA Offshore Company
The process for Company Setup in JAFZA depends on the specific business structure and activity. Here’s what’s required:
Application for Certificate of Incorporation
Passport Copy of Shareholders
Curriculum Vitae of Shareholders
Recent 6-month Bank Statement of the Company.
Certificate of Good Standing
Latest Utility Bill as Proof of Residency, for individual shareholders
For corporate shareholders: Board Resolution awarding Power of Attorney, Memorandum of Association (MOA), Articles of Association (AOA), Certificate of Good Standing.
Note: Additional documents may be requested, impacting the overall JAFZA Company Setup Cost and JAFZA Trade License Cost.
Cost of Setting Up an
Offshore Company in Jafza
The cost of a JAFZA Offshore Company Setup varies depending on the chosen business structure. Factors such as business activities, number of shareholders, and office space requirements influence this rate.
On average, the JAFZA Offshore Company Formation fee hovers around AED 18,000. To get a more tailored estimate, including JAFZA Company Setup Cost and JAFZA Trade License Cost, use our COST CALCULATOR.
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Explore Monthly
Payment Plans
with Selected Banks
Convert your transactions into easy and affordable monthly instalments with our selected range of banking partners. Spend a minimum of AED 1,000 on your credit card issued from any of our participating banks and repay in easy instalments over a period of 12 months.
Make a minimum purchase of AED 1,000 using your credit card for any services provided by Creative Zone.
Call the banking services of any of our partner banks and request to convert your purchase into an Easy Payment Plan.
Get the option of paying over 3, 6, 9 or 12 months
*General terms and conditions from the banks will be applicable.
Steps in Setting Up
Your Offshore Company in
JAFZA
Creative Zone offers comprehensive guidance and support throughout the process, simplifying the intricate steps of establishing an offshore company in JAFZA.
The first step is to choose your offshore Jebel Ali Free Zone company activities and a name that fits your company and is neither offensive nor religiously or politically sensitive.
2
Select a registered agent
JAFZA Offshore Companies must work with registered agents for liaison with JAFZA authorities.
3
Prepare the MOA & AOA
The Memorandum of Association (MOA) and Articles of Association (AOA) hold significant importance as they undergo thorough examination and verification by the authorities at JAFZA. It is essential to note that these documents must be presented in English.
4
Submit the relevant documents
Alongside the Memorandum of Association (MOA) and Articles of Association (AOA), prepare the needed documentation and submit these for license approval.
5
Open Your Corporate Bank Account
Once the above steps are completed, proceed to open a UAE bank account to smoothly initiate your corporate business transactions.