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Dubai Jafza Offshore Company Formation

The Jebel Ali Free Zone (JAFZA) is located near the port town, Jebel Ali, in the Emirate of Dubai, the most populated of the seven United Arab Emirates. Following the opening of the Jebel Ali port in 1979, the Jebel Ali Free Zone was created in 1985 and is home to a wide variety of business in the logistics, electronics and automotive industries amongst others.

Country: United Arab Emirates
Currency: UAE Dirham (AED)
Language: Arabic (Official) although English is commonly spoken

Dubai Jafza Offshore Company Formation £7200.00 + Vat
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Services Included Year 1 Year 2 onwards
Incorporation N/A
Corporate Structuring N/A
Government Fee US $TBC annual
Corporate Domicile From $TBC annually
Accounting Data Address Optional Extra
Director and Nominee Service Optional Extra Optional Extra
Estimated renewal costs in year two: £4,500.00

Benefits of Forming an Offshore Company in Dubai Jafza:

There are a number of reasons why Dubai is such a popular place for people all over the world to form their Offshore Companies, including;

  • Directors and Shareholders – Directors and Shareholders may reside anywhere in the world. The use of Nominee Directors and Shareholders is also permitted, both local and globally.

Requirements to Form an Offshore Company in Dubai Jafza

In order to incorporate your Dubai Jafza Company, these are the steps that must be followed;

  • There is a compulsory requirement to obtain an Office Address in Jafza available at £10,000.00 plus VAT per annum. Arrangement of the office can be discussed once the company order has been completed.
  • Place your order – You need to use a Company Formation Agent to submit the necessary documentation to the Registry on your behalf. Payment needs to be made to the Registry on submission of the registration documents so our fee must be paid when the order is placed.
  • Meet the Anti Money Laundering Requirements – In order to meet Anti Money Laundering Requirements we need to obtain a certified copy of the passport and current utility bill of each of the owners and shareholders. This is required even if you are using our Nominee Service.
  • Documents are issued to you – Once the Registry has incorporated the company, we will issue you with the Certificate of Incorporation, Articles of Incorporation, Licence, Membership Certificates and all other company documents as required by Law. These documents can then be used to open a bank account for the company.

Please note that information given on this page is subject to change at any time without notice as a consequence of changes made in local legislation.

Banking

Banking can be arranged in Dubai or in different overseas locations. With the exception of Dubai, a personal visit to the bank is not required. Your banking advisor will be able to advise on the optimum choice of location.

Company Renewal:

Dubai Jafza Companies have to be renewed on the anniversary of the formation of the company, every year. All jurisdictions have different requirements for renewing the incorporation. We will automatically send you an invoice when your renewal is due.

Turner Little and its affiliates do not provide tax, legal or accounting advice. Material on this page has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.