JAFZA Offshore Company

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