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  • JEBEL ALI OFFSHORE COMPANY FORMATION

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SFM IN PRESS

Changes to UAE Policies on Business Ownership and Residency

28 June 2018

The United Arab Emirates, which previously did not allow 100% ownership of foreign business entities or long residency, recently changed both policies. In a move that’s delighted business leaders right across the board, the country’s cabinet announced the changes would come into effect at the end of the year.[..]

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Our approach to protect data

20 May 2018

Much echo is being given nowadays to the looming implementation of the new European regulations regarding the processing of personal data, the General Data Protection Regulation (GDPR), and not only in the European Union.[..]

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JEBEL ALI OFFSHORE

Our Commitment

  1. Your Jebel Ali Offshore Company in 10 working days. *
  2. Competitive and transparent pricing
  3. Complete confidentiality
  4. Setting up your company with a bank account including eBanking and debit card
  5. UAE Residency Visa for you and family members
Jebel Ali Offshore Company

Jebel Ali Offshore Company Main Characteristics:

Company typeOffshore Company
Governing corporate legislationJebel Ali Free Zone Authority
Information published relating to company officersNo names are disclosed
ConfidentialityComplete confidentiality
Accounting requirementEvery company shall keep accounting records, which are sufficient to show and explain its transactions
TaxationNo corporate taxes
LegislationJebel Ali Free Zone Offshore Companies Regulation 2013
Standard currencyUAE Dirhams pegged to USD
Time to form10 working days
CommunicationEfficient communication
Local sponsor requirementNot needed
Foreigner ownership100%
Residence visa issuanceVisa not issued
Number of directors neededMinimum of 2 directors

Information concerning Jebel Ali Offshore Free Zone Authority

JAFZA

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.

* Please refer to our Terms & Conditions