JAFZA - Jebel Ali Offshore - Company Formation in Dubai

 

Jebel Ali has developed significantly over the years following the formation of an offshore company based in the UAE by overseas investors. The sector is renowned for its flexible and investor-friendly laws and policies for Jebel Ali offshorecompany formation. So, if you are interested to establish a company in Jebel Ali then the Start Any Business UAE consultants are here for you to assist you during this process and make your dream business successful. Here we mentioned a little guide for you that will help you to understand the vital needs for company establishment.

As a businessman, if you still have difficulties in establishing your company in Jebel Ali, the phenomenal development story makes this space worthy of our attention. Since its conception, Jebel Ali’s membership has grown 300-fold over the years. 8000+ companies from more than 100 countries, up from 19 companies in 1985, retaining over 135000 jobs and now allure over 20% of the UAE overseas direct investment.

Jebel Ali is one of the most-after places in Dubai with such heritage and world-class infrastructure. The AED2.5 Billion Jebel Ali convention center complex is the best platform for businesses to nurture relationships in the establishment of modern ergonomics and efficiency.

Features of Jebel Ali Offshore Company Formation 

 

• Corporate stakeholders are permitted but at least one stakeholder is needed to begin a JAFZA offshore company. Corporate stakeholders should present attested documents of company formation.

 

• Minimum two directors are needed without a provision for corporate directors. Although, the details of JAFZA company directors are not availed to the public.

 

• A company secretary is needed where the company director can assume the role.

 

• Company accounting records should be reported and reconcile annually. In addition, offshore companies should sustain complete ten years of accounting records from its date of inception.

 

• Jebel Ali offshore company form is designated to one director visa requirement they rent office space within the region.

 

• Business units are permitted to hold and conduct bank accounts in the jurisdiction of the UAE. the accounts can be multi-currency to facilitate international business transactions and trades.

 

• Company stakeholders have to sign offshore company establishment papers in the appearance of an Ajman free zone representative.

 

• Overseas investors advantage from the 100% capital and assets repatriation without capital movement or overseas exchange limits inside and outside the UAE.

 

• Jebel Ali company record has the assessment to use investigators and command offshore company searches at any time where company investors have to make a payment of inspection fees.

Documents Required for Jebel Ali Offshore Company Formation

To establish a company in Jebel Ali offshore then you need to prepare some essential documents that are:

 

• Valid passport copies of directo0rs and stakeholders
• Personal statement or CV
• Proof of residential address
• Bank reference letter
• The name of the offshore company
• Board resolution
• Memorandum of association
• Article of Association
• An authentic good standing certificate

Benefits of Jebel Ali Offshore Company Formation 

Overseas companies conducting in Jebel Ali benefit from incentives and exemptions to work in this free zone. Among the incentives that overseas advantages are:

 

• Complete ownership of a company

 

• The company establishment procedure is simple and quick. The only need is what kind of business you plan to begin. When you decided the form of company setup, then you can start in just 10 days after the completion of essential paperwork.

 

• Several visas without binding to an office: one of the reasons businessmen decide JAFZA is that it permits 3 permits without a physical office space.

 

• Complete repatriation of profits and capital leading to a simple procedure of company or business registration.

 

• There is no requirement for minimum share capital for establishing a company in the Jebel Ali