JAFZA Offshore - Elevate Accounting & Auditing

JAFZA Offshore

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JAFZA Offshore

Set up in 1985, Jabel Ali Free Zone is spread across 48sq meters and is one of the largest and fastest expanding free zone. Home to over 8700 companies, it includes more than 120 of the Fortune Global 500 Companies.
It is also one of the best areas for offshore company formation in Dubai considering its strategic location between Dubai & Abu Dhabi and the great infrastructure it offers. When you register a business in JAFZA offshore, you are a legal bona fide business.

Key Features

1. Share Holders

An offshore company setup in JAFZA requires a minimum of one shareholder which can also be a corporate entity. The shareholders should physically be present when registering the company.

Minimum number of directors required is two. However, corporate directors are not permitted.

All JAFZA offshore companies should have a secretary. The director can also act as the secretary.

All JAFZA offshore companies should maintain accounting records for a minimum period of 10 years which needs to be approved by its directors and to be signed by at least one of them.

The company should also appoint an auditor to examine the accounts. Within 6 months after the end of the financial period, the accounts shall be finalized and audited by approved auditors and laid before the general meeting for along with the copy of auditors’ report.

A registered agent should be appointed whose address can be used as the company’s registered address.

No minimum share capital requirement.

Ideal for investors who want to form an entity to use it as a holding company or purchase of properties in the designated freehold areas.

key-features

(N&A)* be Notarized from the company registrar and Attested by UAE Embassy and Ministry of Foreign Affairs of the UAE.

The Registrar reserve the right to call for any extra documents if necessary.

Offshore Company Renewal

Online request to be made through the registered agent.

Amendant of the Board
Fees

AED 200 – Every Addition/Removal.
Courier Fee:- AED 20 Outside Free zone & 5% VAT on Courier Fees.

Activity Amendant

Fees

AED 200 – Transaction Fee. AED 500 – Amendment to MOA. Courier Fee: – AED 20 Outside Free zone & 5% VAT on Courier Fees.

More JAFZA Offshore Services

Increase in Share Capital

Fees

AED 2500 – For Renewal Note: Late fee of AED 120 per 30 days will be added after the expiry date.

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