UAE JAFZA Offshore Company Formation

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United Arab Emirates JAFZA Offshore Company

The Jebel Ali Free Zone Authority (JAFZA) Offshore Company is a prestigious offshore structure regulated by one of the world's leading free zones, located in Dubai, United Arab Emirates. A JAFZA Offshore Company, formally structured as an Exempt Limited Liability Company, benefits from full tax exemption, 100 percent foreign ownership, and the prestige of a UAE-based entity without the need for a physical office or local staff. It can own property in designated areas of Dubai and hold bank accounts in the UAE.

Beneficial owner information is not disclosed to the public registrar, although it is disclosed to the registered agent for compliance purposes. Annual financial statements must be prepared and filed. Neptune Fiduciaries assists clients in establishing their JAFZA Offshore Company, managing all formation documentation and ongoing compliance requirements efficiently.

Key Features

Key Component Description
DirectorsMinimum of one director required
No local director required
Director records not publicly accessible
ShareholdersMinimum of one shareholder required
100 percent foreign ownership permitted
Beneficial owner disclosed to registered agent only
Not disclosed to the public registrar
Public Accessible RecordsDirector and shareholder records are not publicly accessible
Registered Agent in JAFZAYes, required
Physical PresenceNo physical office required
Remote formation and banking setup possible
TaxationFull tax exempt status
Access to UAE double taxation treaty network
No annual tax returns required
Share CapitalMinimum paid-up capital of USD 1
Registered shares only
Any currency accepted
Duration for IncorporationApproximately 1 Month
Accounts and ReturnsAnnual financial statements must be prepared and filed
No requirement to file audited financial statements publicly
No auditor appointment required
Special FeatureCan own property in designated areas of Dubai
Can hold UAE bank accounts
Nominee ServicesAvailable
BankingYes, can hold UAE and international bank accounts
Requirements for IncorporationProof of Address
Passport Copy (Certified as True Copy of the Original)

For further details, please contact Neptune Fiduciaries via email info@neptunecorporate.com or sales@neptunecorporate.com or visit our contact page.

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