JAFZA Offshore Company Formation
Established in 1985, Jebel Ali Free Zone or JAFZA is spread across 48 sq metres and is one of the largest and fastest-expanding free zones in UAE. It is home to over 6400 companies, including over 120 of the Fortune Global 500 enterprises, from across the world. Jebel Ali is among the best areas for offshore company registration in Dubai free zones, given its great infrastructure, location in between Dubai and Abu Dhabi and enviable client list.
JAFZA offshore companies are companies that are not physically present in the UAE. They are only just registered here, which means the shareholders have no resident visas. UAE offshore companies only receive a certificate of incorporation and not a business license, as they are not allowed to do any business within the Emirates.
When you register an offshore company in Jebel Ali Free Zone, you are a legal bona fide business. This allows you to conduct business within the Middle East, outside UAE. Offshore companies can also own property, individually or through UAE companies in specific designated areas in Dubai. You also get the added advantages of having to pay no tax, while getting 100% repatriation on profit.