JAFZA Company Formation Setup Dubai, UAE

Are you looking for assistance to work to help you with JAFZA?

You have certainly landed yourself on the right page.

We at Clever Corp are highly acclaimed in the business setup in Dubai, helping clients enhance their JAFZA business formation. Not only we help them set but also help them nurture their business in Dubai, UAE.

In 2003, JAFZA or The Jebel Ali Free Zone Authority introduced business regulations for offshore company formation inside the respective area. These business regulations allowed international business communities to set up their offshore entities at JAFZA.

It is not easy for one to establish their business entity at an international location. It requires a proper understanding of the business regulations. Any wrong step can lead to disaster. This is why we are here to assist. Clever Corp has the experience of helping a number of businesses with their needs of JAFZA company formation.

The JAFZA business regulations were created in a manner that helps international businesses to set up their entities without any kind of hassle. These regulations are powered by efficiency and convenience in business setup overall. All you need is the assistance of expert hands to get your business nestled without any difficulty whatsoever. Clever Corp will make things seamless for you in terms of company formation in JAFZA. 

Regulations of JAFZA Offshore Business Formation

An offshore company has the capacity and privileges of a natural person.

No minimum capital requirement.

All shares must be fully paid when allocated, and no bearer shares or differential classes of shares are allowed. There is no requirement to deposit the capital in a bank.

The minimum number of Directors shall be two. Every offshore Company in Dubai should have a Secretary (a UAE resident) who may also be a Director of the Company.

100% foreign ownership permitted.

Total tax and duty exemption.

An efficient regulatory regime.

Opening a corporate bank account in a bank in Dubai.

A registered agent (legal firms, auditors, consultants) is required to be appointed by the Company from the approved list of registered agents maintained by JAFZA. We are an approved registered agent with JAFZA.

The Offshore domicile is located in the Jebel Ali Free Zone (JAFZA).

An offshore company has the capacity and privileges of a natural person.

No minimum capital requirement.

All shares must be fully paid when allocated, and no bearer shares or differential classes of shares are allowed. There is no requirement to deposit the capital in a bank.

The minimum number of Directors shall be two. Every offshore Company in Dubai should have a Secretary (a UAE resident) who may also be a Director of the Company.

100% foreign ownership permitted.

Total tax and duty exemption.

An efficient regulatory regime.

Opening a corporate bank account in a bank in Dubai.

A registered agent (legal firms, auditors, consultants) is required to be appointed by the Company from the approved list of registered agents maintained by JAFZA. We are an approved registered agent with JAFZA.

The Offshore domicile is located in the Jebel Ali Free Zone (JAFZA).

So, these are the regulations that are required to be followed to get your business formation in JAFZA done without any hassle.

Limitations of JAFZA Offshore Company setup

When it comes to JAFZA offshore formation, it is important that you remember a few of the limitations as well. Check it out: 

Accounts have to be audited and submitted to the Authority.

The Company cannot rent local premises.

The shareholders are required to visit JAFZA in person.

Company cannot offer banking, insurance, consultancy or advertising services in JAFZA.

Accounts have to be audited and submitted to the Authority.

The Company cannot rent local premises.

The shareholders are required to visit JAFZA in person.

Company cannot offer banking, insurance, consultancy or advertising services in JAFZA.

So, these are the limitations that you need to keep in mind for seamless JAFZA offshore company formation. You can always consider connecting with us for all the assistance you need. We have experts with all the know-how of JAFZA offshore formation regulations. So, we will get all the bases covered for you.

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