Jebel Ali Offshore Company main characteristics:

Company type
Offshore Company
Governing corporate legislation
Jebel Ali Free Zone Authority
Information published relating to company officers
No names are disclosed
Confidentiality
Complete confidentiality
Accounting requirement
Every company shall keep accounting records, which are sufficient to show and explain its transactions
Taxation
No corporate taxes
Legislation
Jebel Ali Free Zone Offshore Companies Regulation 2013
Standard currency
UAE dirhams pegged to USD
Time to form
10 working days
Communication
Efficient means of communication
Local sponsor requirement
Not needed
Foreigner ownership
100%
Residence visa issuance
Visa not issued
Number of directors needed
Minimum 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.


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