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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 Component | Description |
|---|---|
| Directors | Minimum of one director required No local director required Director records not publicly accessible |
| Shareholders | Minimum of one shareholder required 100 percent foreign ownership permitted Beneficial owner disclosed to registered agent only Not disclosed to the public registrar |
| Public Accessible Records | Director and shareholder records are not publicly accessible |
| Registered Agent in JAFZA | Yes, required |
| Physical Presence | No physical office required Remote formation and banking setup possible |
| Taxation | Full tax exempt status Access to UAE double taxation treaty network No annual tax returns required |
| Share Capital | Minimum paid-up capital of USD 1 Registered shares only Any currency accepted |
| Duration for Incorporation | Approximately 1 Month |
| Accounts and Returns | Annual financial statements must be prepared and filed No requirement to file audited financial statements publicly No auditor appointment required |
| Special Feature | Can own property in designated areas of Dubai Can hold UAE bank accounts |
| Nominee Services | Available |
| Banking | Yes, can hold UAE and international bank accounts |
| Requirements for Incorporation | Proof 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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