jafza

Establish Your

Offshore Company in JAFZA

Jebel Ali Free Zone Authority (JAFZA) stands as a benchmark for Company Setup in JAFZA, blending efficiency with corporate excellence. Renowned for streamlined JAFZA Offshore Company Formation, JAFZA offers a strategic gateway to global markets.

JAFZA Company Setup Cost and JAFZA Trade License Cost are competitively priced, reflecting JAFZA’s commitment to fiscal transparency and business viability. This makes JAFZA Offshore Company Setup not just a choice, but a prudent investment for businesses aiming to thrive in a dynamic international landscape.

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Advantages of Setting Up Your
JAFZA Offshore Company Formation

Discretion and Privacy

The JAFZA Offshore Company Setup offers unparalleled privacy protections. It keeps sensitive financial data and personal details of directors and shareholders away from public records. Moreover, JAFZA’s offshore companies are exempt from mandatory audits, ensuring higher confidentiality.

Enhanced Asset Protection

Choosing JAFZA Offshore Company Setup comes with the assurance of safeguarded assets, especially in legal scenarios. This creates a secure barrier, protecting the company’s assets and investor interests from external liabilities.

Gateway to Global Markets

Establishing a JAFZA-based offshore company immediately elevates your business’s reputation, facilitating international collaborations and business growth. Additionally, it grants the ability to open UAE bank accounts, essential for international financial operations and access to a variety of currencies.

Favorable Tax Conditions

With the UAE’s 9% corporate tax rate introduced in 2023, JAFZA Offshore Company Setup still stands as a financially attractive option. These companies enjoy tax exemptions as they operate outside the UAE, presenting a significant economic advantage.

Set Up an Offshore Company

Depending on your business needs, you may choose to set up an offshore
company from one of these three options:

 

RAK ICC  |  Jafza    Ajman Free Zone

Types of Offshore Companies
in JAFZA

JAFZA Offshore Company Setup differs from mainland and free zone companies. Instead of business licenses, offshore companies receive certifications to operate UAE-based firms, adhering to the regulation that they cannot operate within the country.

Here are the company types or activities suited for JAFZA Offshore Company Formation:

Media License

Media License

Commercial License

Commercial License

Media License

Media License

Requirements  for Obtaining a
Meydan Free Zone License

The process for Company Setup in JAFZA depends on the specific business structure and activity. Here’s what’s required:

  • Application for Certificate of Incorporation
  • Passport Copy of Shareholders
  • Curriculum Vitae of Shareholders
  • Recent 6-month Bank Statement of the Company.
  • Certificate of Good Standing
  • Latest Utility Bill as Proof of Residency, for individual shareholders
  • For corporate shareholders: Board Resolution awarding Power of Attorney, Memorandum of Association (MOA), Articles of Association (AOA), Certificate of Good Standing.
  • Note: Additional documents may be requested, impacting the overall JAFZA Company Setup Cost and JAFZA Trade License Cost.

Explore Monthly
Payment Plans

with Selected Banks

Convert your transactions into easy and affordable monthly instalments with our selected range of banking partners. Spend a minimum of AED 1,000 on your credit card issued from any of our participating banks and repay in easy instalments over a period of 12 months.

Steps

  • Make a minimum purchase of AED 1,000 using your credit card for any services provided by Creative Zone.
  • Call the banking services of any of our partner banks and request to convert your purchase into an Easy Payment Plan.
  • Get the option of paying over 3, 6, 9 or 12 months

General terms and conditions from the banks will be applicable.

Steps in Setting Up Your Offshore Company
in JAFZA

Creative Zone offers comprehensive guidance and support throughout the process, simplifying the intricate steps of establishing an offshore company in JAFZA.

  1. Determine your company name & activities

    The first step is to choose your offshore Jebel Ali Free Zone company activities and a name that fits your company and is neither offensive nor religiously or politically sensitive.
  2. Select a registered agent

    JAFZA Offshore Companies must work with registered agents for liaison with JAFZA authorities.
  3. Prepare the MOA & AOA

    The Memorandum of Association (MOA) and Articles of Association (AOA) hold significant importance as they undergo thorough examination and verification by the authorities at JAFZA. It is essential to note that these documents must be presented in English.
  4. Submit the relevant documents

    Alongside the Memorandum of Association (MOA) and Articles of Association (AOA), prepare the needed documentation and submit these for license approval.
  5. Open Your Corporate Bank Account

    Once the above steps are completed, proceed to open a UAE bank account to smoothly initiate your corporate business transactions.
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