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Company Formation

JAFZA Offshore Company Formation

KWS-ME streamlines Dubai business setup, from optimal structures to efficient incorporation, ensuring a seamless path to success.

Company Formation

JAFZA Offshore Company Formation

Jebel Ali Free Zone is a veritable catalyst for big time investments and big businesses. It is one of the largest and fastest expanding free zone of UAE. Home to over 7000 companies, including over 120 of Fortune Global 500 enterprises, Jebel Ali Free Zone is an ideal location for setting up an offshore company i.e. located between Dubai and Abu Dhabi, has the largest man-made sea port in the world, provides brilliant environment for logistical activities, and has excellent infrastructure and enviable client list.

Since 2003, JAFZA has formally allowed offshore setups to open up in its Free Zone, under the Jebel Ali Free Zone Offshore Companies Regulations.

Both individuals and companies can establish offshore companies in JAFZA.

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Company Formation

Classification of JAFZA Offshore Company

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Company Formation

Other Information

Advantages of an Offshore Company in JAFZA

Bank account for JAFZA Offshore Entity

Opening a bank account for a JAFZA offshore entity is easy in Dubai. The terms and conditions for opening of bank account may vary from bank to bank.

Sometimes, the procedure could be complicated that is why KWSME is here to help its esteemed clients with opening a bank account.

Main Features of a JAFZA Offshore Company Formation

Process of JAFZA Offshore Setup

  1. One or more individuals or companies are allowed to set up an offshore entity.
  2. First, contact a reliable JAFZA authorized agent for the company registration in Dubai process.
  3. An application for certificate of incorporation will be signed and submitted to the Registrar of JAFZA for the formation of an incorporated offshore company with limited liability.
  4. The rules of JAFZA will govern the conduct of the offshore entity.
  5. JAFZA Offshore Executive will personally witness the signing of the Application for the incorporation of the JAFZA Offshore entity by shareholders. That application must also fulfill these requirements.
    • The name of the offshore entity is mentioned which must end with the word “limited”.
    • Address of the offshore entity’s registered office
    • The amount of share capital, which the offshore company proposes to be registered, and its division into shares of a fixed amount
    • The names and addresses of each of incorporators
    • Articles of Association
    • If the officer is asking for other documentary details, then those must be provided too.
  6. If the Registrar is satisfied with application and associated documents, he will grants his consent to  the  registration  of  an  offshore company by registering the offshore company’s articles delivered  to  him
  7. The Registrar will issue a certificate that the offshore company is incorporated; and allocate a number to the offshore company which shall be the offshore company’s registered number.

Certificate of Incorporation for JAFZA Offshore Entity

Articles of association of JAFZA Offshore company Formation

The Articles of Association (AOA) specify the regulations for the offshore company in UAE. The articles will make provision for:

What You Cannot Do As an Offshore Company in JAFZA

  1. No JAFZA offshore company
    • Can carry on business with persons resident in the United Arab Emirates
    • Own an interest in real property situate in the United Arab Emirates other than approved by Authority
    • Carry on banking business
    • Carry on business as an insurance or re-insurance company, insurance agent or insurance broker
    • Carry on any other business which may be prohibited by the Authority.
  2. If an offshore company wishes to conduct trade or other business in Jebel Ali Free Zone or elsewhere in the United Arab Emirates, it must procure the appropriate license to conduct the trade or other business activity from JAFZA.

Registered Agent for JAFZA Offshore Company Formation

Documentary requirements for the registration of JAFZA Offshore Entity

Individual Applicant

Corporate Shareholders

All the documents must be attested and notarized by the UAE Embassy.

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