UAE OFFSHORE

UAE OffSHORE

Jebel Ali Offshore


The Jebel Ali Free Zone Authority is the oldest and most respected of the free zones that have been allowed to operate in the emirate of Dubai. This type of incorporation is allowed to trade internationally and is allowed to own property in the emirate of Dubai. Corporate shareholders are permitted. Should the incorporator lease an office space within JAFZA, they will then be entitled to one director residence visa. As usual with all UAE incorporations, this entity is also allowed to own and operate a Dubai bank account. The JAFZA offshore company allows the incorporator to enjoy 100% repatriation of capital and assets, with no limits on foreign exchange or capital movements inside or outside the country.

JEBEL ALI OFFSHORE CHARACTERISTICS
Company Type Offshore Company
Governing Corporate Legislation Jebel Ali Free Zone Authority
Company Officials Names Disclosure Not Required
Confidentiality Complete
Accounting Requirement Every company shall keep accounting records, which are sufficient to show and explain its transactions
Taxation No Corporate or Personal Taxation
Legislation Jebel Ali Free Zone Offshore Companies Regulation 2013
Standard Currency AED Pegged to USD
Company Formation Duration 10 Working Days
Local Sponsor Local Sponsor is Required, Holding Minimum of 51% Shares
Foreigner Ownership 100%
Visa Type Residence
Directors Minimum 2