JAFZA offshore Jebel Ali Free-Zone authority Regulations & Features

Jebel Ali Free-Zone Authority has framed several regulations to deliver efficiency and convenience of worldwide offshore locations exclusively to entrepreneurs planning to undertake Dubai offshore investments. Simultaneously, they tend to maintain very high standards and reputation with the international financial authorities, who are stated to have acted as critical determinant to take Dubai offshore to achieve sure success

• The offshore company provides the privilege and capacity of a natural individual.
• There is not required any minimum capital amount.
• Upon allocation, all shares to be paid fully and there are not allowed any differential or bearer classes of shares.
• Capital deposit in bank not necessary.
• Director number should minimum be two. Secretary (preferably a UAE resident) probably also the Director of the organization is to be appointed by every offshore company.
• There is permitted 100 percent foreign ownership
• Greater flexibility offered to open up corporate bank account at Dubai.
• Efficient regulatory regime offering complete exemption on duty and taxes.
• There needs to be appointed registered agent like consultants, auditors, legal firms from approved registered agent list by the company that is maintained by Dubai / JAFZA. To set up Dubai offshore company, a registered and approved agent is Black Swan Business Setup Service.

Why Jebeli Ali Offshore is unique?

In JAFZ (Jebel Ali Free-Zone) is located Offshore domicile

• DTAA (Double Taxation Avoidance Agreements) are being maintained with 40 countries by Dubai and the UAE.
• UAE is not dependent upon any other country and also not any overseas territory.
• Offshore company owners are permitted by the law to hold or own interest in Dubai based properties.

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