Jebel Ali Free Zone Authority (JAFZA) was established in the year 1985. In 2003, the JAFZA introduced the establishment of Offshore Companies, under the Jebel Ali Free Zone Offshore Companies Regulations, in Jebel Ali Free Zone. This opened a new door for international business community to carry out business from Dubai and Jebel Ali Offshore, as per the international offshore regulations.
Shareholding & Directorship
Shareholders
Minimum of one shareholder is required
Corporate shareholders are allowed
International corporate shareholders are required to have all company documents attested
Directors
Minimum of two directors are required
Corporate directors are not allowed
Details of directors are not available on the public register
Secretary
Every company must have a secretary
A company director may also act as company secretary
Share Capital
No minimum share capital required
Every company must keep accounting records for 10 years from the date of preparation
The company must appoint an auditor (from an approved list) to examine and report on accounts
Key Benefits
100% Foreign Ownership
Local Real Estate Ownership
Shares in Local Companies
Local Bank Account
Shareholder/Director details
