JAFZA Offshore

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JAFZA Offshore Introduction

Setting up an offshore company in Jebel Ali Free Zone (JAFZA) offers a strategic advantage for international businesses seeking a base in Dubai. JAFZA is a premier offshore jurisdiction renowned for its business-friendly environment, robust infrastructure, and strategic location. The setup process begins with choosing JAFZA as your offshore jurisdiction and engaging a registered agent who will guide you through the incorporation process.

You’ll need to prepare and submit various documents, including the application form, passport copies, and proof of address for shareholders and directors. Once the application is submitted, JAFZA processes it and typically issues the offshore license within a few days. This setup provides significant benefits, including tax exemptions, full foreign ownership, and confidentiality, making it ideal for international trading, holding assets, or managing intellectual property. Offshore companies in JAFZA are not permitted to conduct business within the UAE but can operate freely in international markets. This efficient and advantageous setup supports businesses looking to expand globally while benefiting from Dubai’s strategic location and economic advantages.

Benefits Of JAFZA Offshore

The Jebel Ali Free Zone (JAFZA) offshore license offers several compelling benefits for international businesses. Key advantages include substantial tax exemptions, such as zero corporate and income taxes, which enhance financial efficiency. JAFZA allows for 100% foreign ownership, eliminating the need for local partners and providing complete control to investors.
Confidentiality is a major benefit, with minimal disclosure requirements protecting the identity of shareholders and directors. Additionally, JAFZA’s strategic location and advanced infrastructure support seamless international trade and operations, while businesses are not required to maintain a physical office in Dubai. This setup is ideal for managing assets, intellectual property, or global trading, leveraging Dubai’s economic advantages with ease.

Process

Choose Jurisdiction

Select an offshore jurisdiction in Dubai, such as Jebel Ali Free Zone (JAFZA) or Ras Al Khaimah (RAK), based on business needs.

Engage Registered Agent

Hire a registered agent to assist with the incorporation process. Feel free to reach out to us to act as your agent.

Prepare Documents

Gather necessary documents, including application forms, passport copies, and proof of address for shareholders and directors.

Submit Application

Submit the completed documents to the relevant offshore authority, along with the required fees.

Await Approval

The offshore authority reviews the application and typically issues the license within a few days.

Set Up Bank Account

Open an offshore bank account to facilitate financial transactions.

Start Operations

Begin international operations, benefiting from tax advantages and confidentiality.

Required Cost

Price: 2,070 AED approx.

Cost Of Process

Price: The cost of obtaining a JAFZA Offshore license can vary depending on several factors, including the type of business activity and specific services required. However, the general cost structure typically includes the following:

Registration Fees: Approximately AED 7,500 to AED 10,000.
Annual License Fee: Around AED 7,500 to AED 10,000.
Document Processing Fees: Additional fees may apply for document preparation and submission.
Registered Agent Fees: Contact us for the charges
Additional Costs: Fees for opening a bank account, office setup (if required), and other incidental expenses.

Overall, the total cost for setting up a JAFZA Offshore company generally ranges from AED 20,000 to AED 30,000 for the initial setup, excluding any additional costs related to services and compliance.

Required Document

3 -Optional Trade names of the company (on the basis of your preference)
Passports copy of Shareholder(s)
Visa page copy/entry page copy of shareholder(s)
Universal Identification Number (UID Number) of Shareholder(s)
Any other information or documents required by the Government Authorities for the purpose of
processing the application

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