The Jebel Ali Free Zone Authority (JAFZA) is one of the most prestigious free zones globally, facilitating Offshore Company formation under the Free Zone Offshore Companies Regulations 2003.
Setting up a Dubai offshore company in Jebel Ali allows investors to establish a non-resident company that enjoys strategic benefits like tax efficiency, full ownership, and confidentiality.
Choose a registered agent whose office will be the company’s registered address. The agent assists with document preparation and submission to the Registrar.
Draft the Memorandum Of Association (MOA) and Articles of Association. Collect information about shareholders and directors, and gather required documents like passport copies and proof of residence.
Complete and submit the official application form through your agent, including the MOA and supporting documents. Pay the necessary registration fees.
The Registrar reviews the application for compliance. Upon approval, the Registrar issues the Certificate of Incorporation with the company’s registration number.
Ensure the company has a registered office in JAFZA, typically through your agent. Appoint at least two directors and a secretary. Open a corporate bank account in the UAE.
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JAFZA offers the following types of activities that are particularly suited for Offshore Companies in Jebel Ali;
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Yes, an entity may apply for multiple business formations within the free zone. Each formation would be treated as a separate company name, however, the investors may be the same person or company. There is no limit on the number of businesses that can be incorporated within Jafza with similar stakeholders.
Formation refers to the legal structure of a business, such as its type and investor count, while a business license dictates what activities a business can legally conduct.
An FZE (Free Zone Enterprise) is a company with a single investor, which can be an individual or another company. An FZCO (Free Zone Company) involves multiple investors, which can also be individuals or companies.
Yes, a company can hold shares in another company within Jebel Ali Freezone, whether it’s an FZE, FZCO, or PLC, which may include both individual and non-individual shareholders.
Yes, you can own multiple businesses in Jebel Ali Free Zone under different names but with the same investors, without a limit on the number of businesses.
You cannot transfer a license from Dubai mainland to Jafza. Instead, you must dissolve the mainland company and establish a new one in Jafza, or create a branch there while retaining the mainland company as the parent.
JAFZA offshore company setup typically takes between 3 to 14 business days after all necessary documents and lease agreements are submitted.
Yes, Jafza’s Regulatory Authority issues licenses, and you must submit an Economic Substance Report. Additional approvals may be needed for specific industries like Food and Agriculture.
There’s no prescribed minimum share capital for FZE or FZCO companies in Jafza, but your capital should be sufficient for your licensed activities.
A Jafza license is valid for one year and must be renewed annually.