Advantages offshore company formation in Dubai (JAFZA)

• Low Startup Cost
• The jafza offshore companies can own property in designated areas in Dubai.
• There is no requirement for your physical address during the in cooperation with your business.
• Speedy Incorporation Process ( for some nationalities you need a CID report)
• 100% Tax-Free
• 100% foreign ownership permitted
• Globally respected jurisdiction
• Allowed to hold shares in UAE Free Zone companies and LLCs
• setting up a business in Dubai make it Easier for you to conduct business within the Middle East, outside UAE

Activities at Offshore company formation in Dubai Jafza

• Insurance
• Banking
• Financial
• Professional Services
• Consulting
• Intellectual Property
• Media
• Security
• Publishing
• Advertising
• Movie Production
• Gambling
• Casino
• Game & Win
• Advisory
• Real Estate
• Military
• Education

Requirements for Offshore company formation in Dubai JAFZA

• A passport copy of each shareholder or shareholders of the enterprise.
• An original bank reference letter for each shareholder
• An original proof of the residence for each shareholder like utility bills.
• Curriculum Vitae of each shareholder
• Articles of Association, Memorandum of Incorporation (Excellent setup will provide a format for the Application for incorporating of the offshore company to allow us to prepare these documents on your behalf).
• Three options for a name for the enterprise.
• A share capital of minimum 10,000 AED is required
• The number of shares in the JAFZA offshore company
• A full description of the activities of the company, the name of the Shareholder and the name of all the shareholders in case there is more than one.
• The name, address, nationality, residency status in Dubai and occupation of each director and secretary of the company (minimum two directors and one secretary).
• In case any of the shareholders wants to be a corporate body, we need all the documents to be attested where the original Corporation was established. The process starts with the Ministry of Foreign Affairs in the original country followed by the United Arab Emirates consulate in that Origin with the final part of the Ministry of Foreign Affairs in the United Arab Emirates.
• The shareholders need personally sign the incorporation documents before the Jebel Ali Free Zone Authorities. If it is not possible to be in the UAE, an attested power of attorney legalized by the Ministry of Foreign Affairs will do the job.
• We provide full assistance with opening of JAFZA  Offshore Company Bank account in the United Arab Emirates as the requirements might vary from bank to bank and often depend on whether the authorized signatory has an Emirates residence visa or not.

Schedule for Offshore company formation in Dubai JAFZA

First step → Day 1: Submit the application to Excellent Setup and make the payment.

Second step → Day 2: A Memorandum will be prepared to be signed by you. We will send you a soft copy by email to sign and submit these documents back to Excellent Setup in the original.

Third step → Day 3: Clients will revive their original papers with the company stamp and sit with a bank representative to open the bank account. Please note this step depends on the clients being available and able sign all the documents on time.

JAFZA offshore company formation fees