JAFZA Offshore
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JAFZA (Jebel Ali Free Zone Authority) Offshore
Offshore company setup in the Jebel Ali Free Zone Authority (JAFZA) is an attractive option for individuals and businesses seeking a strategic gateway to the Middle East and beyond. JAFZA, located in Dubai, United Arab Emirates (UAE), is one of the most renowned and established free zones in the region, offering numerous advantages to those looking to establish an offshore presence.
Why Choose JAFZA for Offshore Company Setup?
JAFZA is synonymous with business excellence, offering a multitude of advantages that make it an ideal destination for offshore company setup. Here are some compelling reasons why you must go for offshore company formation in Dubai:
- JAFZA’s strategic location in Dubai, a global business hub, provides access to a vast market of over 2 billion consumers in the Middle East, Asia, and Africa.
- JAFZA allows for 100% foreign ownership of offshore companies, eliminating the need for a local sponsor or partner.
- Offshore companies registered in JAFZA enjoy full exemption from corporate and income taxes for a renewable period of 15 years, ensuring maximum tax efficiency.
- JAFZA offers a robust legal framework that ensures the separation and protection of personal assets from business liabilities.
- The jurisdiction provides a high level of confidentiality, with strict privacy laws safeguarding the identities of shareholders and directors.
- With offshore company formation in Dubai, you can open multi-currency bank accounts in the UAE or internationally, facilitating seamless financial transactions.
- JAFZA serves as a gateway for international trade, offering world-class infrastructure and logistics facilities.
Requirements for Offshore Company Setup in JAFZA
To establish an offshore company formation in Dubai, there are certain requirements and procedures to follow:
Shareholders and Directors
- One shareholder and corporate shareholders are required
- A minimum of one director is mandatory, and corporate directors are allowed.
Company Name
Choose a unique company name that complies with JAFZA’s naming regulations.
Share Capital
You can determine an appropriate share capital based on your business needs.
Memorandum and Articles of Association (MOA)
Draft and submit the MOA that outlines the company’s objectives, share structure, and operational details.
Bank Reference Letters
It is necessary to provide bank reference letters for shareholders and directors as part of the due diligence process.
Proof of Identity and Address
Ensure to submit clear copies of passports and proof of residential addresses for shareholders and directors.
Ensure to submit clear copies of passports and proof of residential addresses for shareholders and directors.
The process of setting up an offshore company in JAFZA can be summarized into the following steps:
- Choose a Registered Agent:Select a registered agent or business setup service provider with expertise in JAFZA offshore company formation, who can guide you through the process.
- Name Reservation:Reserve a unique company name through the registered agent, ensuring it complies with JAFZA’s naming regulations.
- Document Preparation:Gather and prepare all required documents, including passport copies, bank reference letters, MOA, and proof of identity and address.
- Document Submission:Submit the prepared documents to the JAFZA authorities through your registered agent for review and approval.
- Review and Approval:JAFZA will review your documents for compliance and accuracy. If everything is in order, the registration process can typically be completed in a few days.
- Signing of Documents:After approval, the Memorandum and Articles of Association (MOA) will be prepared, and you will be required to sign these documents.
- Payment of Fees:Pay the necessary fees for company registration, license issuance, and any additional services you may have requested.
- Receive Business License:Once all requirements are met and fees are paid, you will receive your JAFZA offshore business license.
How LINKS CORPORATE CONSULTANTS Can Help?
The process of offshore company setup in JAFZA requires expertise and local knowledge. That’s where LINKS CORPORATE CONSULTANTS comes in. As a trusted business setup service provider with extensive experience in Dubai and JAFZA, we can assist you at every stage of your offshore company formation journey.
Our services include:
- Expert guidance on JAFZA’s regulations and requirements.
- Assistance with document preparation and submission.
- Liaison with JAFZA authorities and government agencies.
- Bank account opening facilitation.
- Ongoing compliance support and renewal assistance.
With LINKS CORPORATE CONSULTANTS as your partner, you can confidently establish your offshore company in JAFZA and harness the numerous benefits it offers. Contact us today to learn more about how we can assist you in realizing your offshore company formation in Dubai.