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.