Explore Opportunities at JAFZA for Offshore Company Formation UAE, with Dubai Business Services.
JAFZA (Jebel Ali Free Zone Area) is one of the most popular and fastest growing Dubai free zones with its own distinct set of regulations, aimed to attract foreign investment worth of millions of dollars. JAFZA introduced the opportunity of offshore company formation UAE in 2003 under JAFZA offshore company regulations. As per free zone offshore Companies Regulations, the offshore company formation UAE opportunity can be exercised in JAFZA by corporate bodies or individual investors, as a non-resident company having a corporate legal entity. Dubai Business Services, one of the leading and approved Registered agents in Dubai, helps businesses to pursue their plan of offshore company formation UAE, in particular, in JAFZA.
Why JAFZA Offshore Company?
JAFZA was formed in 1985, around Jebel Ali Airport. JAFZA offshore company establishment is allowed to trade globally and enjoy full ownership of the property in Dubai. Corperate shareholders are also permitted. Investors are able to lease office spaces in JAFZA and can be entitled to one director residence visa then. JAFZA offshore companies are also allowed to have a multi-currency bank account in any bank in Dubai and across UAE. The special privileges offered by JAFZA include:
- Corporate tax exemptions
- Personal income tax exemptions
- No trade tariffs
- No currency restriction
- Easy and low-cost labor recruitment
- No minimum capital requirements
- 100% foreign ownership and real estate ownership
- Share in local businesses
- No mandatory requirement for disclosing shareholders’ and directors’ names in public register
The offshore company formation UAE opportunity provides businesses an access to international markets for global expansion, serves as a gateway to business-friendly legal infrastructure and provides a new door of global funding. UAE, having JAFZA and RAK free zones as two principle jurisdictions offering offshore companies set ups, has signed Double Tax Treaty Agreement with almost 40 countries.
At Dubai Business Services, we help businesses to choose the best solution regarding offshore company formation UAE. Our proficient and friendly team guides them all through the process of JAFZA offshore company formation, with 100% reliability and satisfactory services. To set an appointment, give us a call today.