Offshore Company Formation in Jebel Ali

Investors always choose to establish a business in the most renowned and well-established jurisdictions. Considering this aspect, Jebel Ali Free Zone Authority would be the most appropriate domain for ex-pat and resident entrepreneurs to set up their firm. offshore company formation in Jebel Ali has been instrumental in creating countless entrepreneurs. Having thoughtfully formulated investor-friendly policies made this jurisdiction the top choice for setting up a business.    

 

Kiltons business setup services are proud to be the mentor of many of the successful firms in the domain. We would aid you in JAFZA offshore company formation and advice concerning the best way ahead to reap the best results. Realizing business dreams of many, we have achieved the title as one of the most trustworthy business services in the UAE.

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FAQ's

Frequently Asked Questions on Offshore Company Formation in Jebel Ali

  • What are the exclusivities of JAFZA offshore company formation?
    • - The federal law allows offshore company owners to own land in the UAE

      - UAE has a double taxation avoidance agreement with at least 40+ countries. The investors are benefitted with this

      - 100% repatriation of capital and assets - Wealthy and independent, UAE offers ample opportunities for growth

  • Are the companies in JAFZA need to provide accounting details to the authority?
    • Yes. The business set up in JAFZA needs to submit accounting details to the authority annually. Further, the companies have to maintain the account record for ten years since inception.
  • Do I need a local Emirati sponsor for Jebel Ali offshore company formation?
    • You don’t require a local Emirati sponsor for company formation in Jebel Ali offshore. You can start the business in 100% ownership.
  • I want to know more about JAFZA?
    • Jebel Ali Free Zone Authority was established in 2003, with a mission to make it feasible for foreign entities to have their corporate office in the region. The regulations and policies were formulated to ensure ease of business operations and optimum results. The investor-friendly structure has been pivotal in the growth of Jebel Ali Free Zone as one of the most opted Free Zone. Presently, several highly reputed international organizations have their offshore branches in JAFZA.
  • I am planning Jebel Ali offshore company formation. Are there any preconditions? What are those?
    • Yes, there are certain preconditions for business setup in Jebel Ali offshore. Those are detailed below:

      - Minimum two directors are required

      - Corporate shareholders are permitted. Nonetheless, at least one shareholder is compulsory

      - One resident company secretary is mandatory. A director can also act as company secretary

      - Trade name must be suffixed with “Limited”

      - Resume of the shareholders and directors need to be submitted

      - Copies of passport

      - Residence proof in original

      - Bank reference letter in original

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Highlights of Jebel Ali Offshore Company Formation

Offshore company formation in Jebel Ali can be advantageous for you in many ways. Knowing the aspects of Jebel Ali offshore company formation will help you to have clarity whilst pursuing the decision. To provide an insight into the Jebel Ali Offshore jurisdiction, we are elaborating the highlights of the zone.

- JAFZA is the oldest and most renowned Free Zone in UAE

- Entitled for one director visa if the company holds a rented office space in JAFZA

- A minimum of two directors are compulsory

- The details about the directors of the company need to not be revealed to the public

- The offshore company can be established with the support of corporate shareholders. The corporate organizations must submit attested documents during the process of JAFZA offshore company formation

- At least one shareholder is mandatory

- It is mandatory to have a company secretary

- The director could also assume the role of the company secretary to fulfil the mandatory requirement

- Accounting data for at least ten years, since establishment, must be maintained

- Company accounting data need to be submitted to the JAFZA authority on an annual basis

- The signing of the documents will be in the presence of the officials of the Free Zone

- Jebel Ali company registrar can undertake an inspection of the company on his/ her discretion

Benefits of Jebel Ali offshore company formation

The offers by JAFZA for investors will surely be an added boon for entrepreneurs to obtain optimum profit in a short time. Recognizing the role of foreign investors in the financial structure of the country, the visionary political leadership has put up several advantages of business formation in Jebel Ali Offshore companies. 

- The company can own a bank account in Dubai

- Multi-currency transactions are permitted

- 100% repatriation of capital and profit allowed

- Unlimited foreign exchange

- No limitations on capital movement

- Ease of business

- Minimum capital requirement not stipulated

- Audit report submission not compulsory

- No local taxes

Why Kiltons for offshore company formation in Jebel Ali

Kiltons business setup services was established in 1999 with an aim to guide ex-pats and residents to achieve their business dreams. We have been the guiding light and trustworthy mentor for the past twenty-one years. Kiltons has acquired the name as one of the best business setup services in the UAE through credible and trustworthy services. We assure you the best company formation services in the region, with wholeheartedly dedicated team for you. 

We have a bunch of handpicked professionals, who have immense experience in business setup, business strategies, analytics, planning and all the aspects related to entrepreneurship. We will assign a team explicitly for the client. Therefore, you can have direct interaction with them 24x7. The team will be available for all your requirements whenever you want them. Thus, playing a role of paramount importance for the setting up and growth of your business entity. We will help you with company formation not only in JAFZA but also in any other region or jurisdiction in the UAE. 

Are you planning an offshore company formation in Jebel Ali?

Reach out to us. We will help you with the offshore company formation in Jebel Ali. Talk to our professional experts now. 


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