Offshore

JAFZA

Jebel Ali Free Zone (JAFZA)

JAFZA

Establishing an offshore company in the Jebel Ali Free Zone (JAFZA) offers a strategic advantage for businesses aiming to operate internationally while benefiting from Dubai’s robust infrastructure and favorable regulatory environment. This guide provides an in-depth look into JAFZA offshore incorporation, including its merits, demerits, required documentation, and answers to frequently asked questions.

What is JAFZA Offshore Incorporation?

JAFZA offshore incorporation refers to the process of establishing an offshore company within the Jebel Ali Free Zone in Dubai, United Arab Emirates. These companies are primarily designed for international business activities and are not permitted to conduct business within the UAE market. They serve various purposes such as holding assets, managing international trade, and facilitating tax planning.

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Documents Required for JAFZA Offshore Company Setup

To incorporate an offshore company in JAFZA, the following documents are typically required
For Individual Shareholders

Passport copies of shareholders and directors
Proof of residence (e.g., utility bill)
Bank reference letter
Curriculum Vitae (CV)
For Corporate Shareholders

Certificate of Registration
Memorandum & Articles of Association
Board Resolution or Power of Attorney
Specimen signature of the manager
License Copy
Share Certificate
Chamber of Commerce certificate
Letter from company to open a branch in JAFZA
Board Resolution
It’s important to note that all documents must be attested and notarized as per JAFZA requirements.

Our Services

At Maju Management Consultancy, we provide end-to-end services to facilitate your offshore company formation in JAFZA Freezone.

Business Consultation

Expert advice on selecting the appropriate offshore company structure and business activity.

Company Registration

Assistance with documentation, compliance, and registration procedures to ensure a smooth setup.

Bank Account Assistance

Assistance with bank account opening in JAFZA

Ongoing Support Services

Providing continuous support with offshore incorporation renewals, amendments and other services to help your business thrive.

Merits of JAFZA Offshore Incorporation

JAFZA Freezone is a premier destination for tech-focused businesses and startups. Here are some compelling reasons to choose JAFZA for your business
100% Foreign Ownership
Investors can fully own their offshore company without the need for a local partner.
Asset Protection
These entities provide a secure structure for holding assets, offering protection against legal liabilities.
Real Estate Ownership
JAFZA offshore companies are permitted to own property in Dubai, subject to obtaining a No Objection Certificate (NOC) from the Dubai Land Department.
Tax Efficiency
JAFZA offshore companies benefit from zero taxation on corporate and income taxes, enhancing profitability.
Confidentiality
Shareholder and director information is not publicly disclosed, ensuring privacy.
Ease of Setup
The incorporation process is streamlined, typically taking around 5 to 7 working days, depending on the completeness of the documents and business type.

Demerits of JAFZA Offshore Incorporation

Restricted Business Activities
Offshore companies cannot conduct business within the UAE or engage in banking and insurance activities.
No Operational License
These companies receive a certificate of incorporation but are not issued operational licenses, limiting their scope of activities.
Regulatory Compliance
Maintaining compliance with JAFZA regulations requires diligent record-keeping and adherence to reporting standards.
Costs
While offering numerous benefits, the setup and maintenance costs can be higher compared to other jurisdictions.

Why Choose Maju Management Consultancy?

Choosing Maju Management Consultancy for your JAFZA Offshore  company formation offers numerous advantages
Expertise and Local Knowledge
Our team has extensive experience and in-depth understanding of JAFZA’s business environment.
Customized Solutions
We provide tailored solutions that align with your business goals and requirements.
Dedicated Support
From initial setup to ongoing operations, we offer continuous support to ensure your business’s success.

Frequently Asked Questions

Establishing an offshore company in JAFZA offers numerous advantages for businesses seeking an international presence. However, it’s essential to understand the regulatory framework, benefits, and limitations associated with this type of incorporation. Consulting with registered agents and legal advisors can ensure a smooth setup process and ongoing compliance with JAFZA regulations.
How long does the JAFZA offshore company incorporation process take?
The incorporation process typically takes about 5 to 7 working days, depending on the completeness of
the documents and business type.
Can a JAFZA offshore company conduct business within the UAE?
No, JAFZA offshore companies are not permitted to conduct business within the UAE. They are
established for international operations and can engage in activities such as holding assets,
international trade, and investment.
Is it mandatory to have a physical office in JAFZA for an offshore company?
No, JAFZA offshore companies are not required to have a physical office space within the free zone.
Can a JAFZA offshore company open a bank account in the UAE?
Yes, JAFZA offshore companies can open corporate bank accounts in the UAE to facilitate their international business transactions.
Are there any restrictions on the number of shareholders for a JAFZA offshore company?
A JAFZA offshore company requires a minimum of one shareholder, with no restriction on the maximum number. Shareholders can be individuals or corporate entities.
What is the minimum share capital required for a JAFZA offshore company?
There is no minimum share capital requirement for JAFZA offshore companies.
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Hopkins, Minnesota(MN), 55305
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    Ready to establish your business in JAFZA Freezone? Contact Maju
    Management Consultancy today to learn more about our services and how we can assist
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    Welcome to Maju Management Consultancy — where expertise meets strategy. With a deep understanding of business landscapes, we provide tailored consulting solutions that drive growth, ensure compliance, and optimize success across diverse industries. Your vision is our mission, and we are here to guide you every step of the way.

    Address:
    Office No. 17, Building No. 56, Phoenicia Center,
    Block No. 326, Osama Bin Ziad Avenue, Adliya,
    Manama, Bahrain.

    Dubai, UAE (Branch)
    Dammam, KSA (Branch)
    Contact Us:
    Dubai   - +971 561653341
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    Email:
    incorp@majubiz.com
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