Jebel Ali Free Zone Offshore (JAFZA Offshore), another name for the offshore area of JAFZA, enables businesses to set up an offshore corporation in Dubai for a variety of uses, including international trading, investment holding, or asset protection.
Some of the benefits of JAFZA Offshore
No customs duties within the Free Zone for goods and services
There’s no corporate and personal tax
100% foreign ownership
Total repatriation of capital and profits
Access to an outstanding transport network
Low cost of leases and utilities
Easy set up process
Many options of industrial land
Many possibilities for dynamic growth and business opportunities
To start your Business in JAFZA Offshore you must have the valid and mandatory documentation. Make sure to gather everything you need so you don’t have to face any delays on your application due to missing or incorrect documents.
Here’s what you need to establish an JAFZA Offshore Business:
Shareholders’ passport copies
Proof of residency for each shareholder
Company Application Form.
Articles of Association and Memorandum of Association
Bank reference letter
CV of each shareholder