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Jebel Ali Free Zone (JAFZA), located in the western part of Dubai, is the largest free zone in the MENA region, offering a strategic platform for international trade and business. Established in 1985, JAFZA began with standard office and warehouse units and later expanded in 1990 to include light industrial units. It remains the most reputable and respected free zone in Dubai, providing businesses with an excellent environment to grow and succeed.
JAFZA also offers the unique opportunity to establish offshore companies, commonly referred to as JAFZA offshore companies. These entities are designed to facilitate international trade and offer several benefits, including:
Creative Zone offers end-to-end assistance, making the complex process of establishing an offshore company in JAFZA straightforward. Here are the key steps to get started
The first task is to choose a company name and define its activities. The name must be suitable, non-offensive, and free from religious or political sensitivities.
JAFZA mandates that offshore companies engage a registered agent. The agent will act as an intermediary between your company and JAFZA authorities, handling documentation and compliance matters.
Draft the MOA and AOA, which outline the legal framework of your company. These documents are subject to review by JAFZA and must be in English.
In addition to the MOA and AOA, submit all other required documents for company registration and trade license approval.
After completing the previous steps, you can open a UAE corporate bank account, which is essential for managing business transactions.
JAFZA offshore companies can trade internationally, making them ideal for global operations.
Offshore companies are not required to hold shareholder meetings or conduct external audits, simplifying governance.
Offshore companies must be incorporated through a registered agent, and the agent’s office will serve as the company’s registered address.
JAFZA offshore companies provide a highly flexible, tax-free structure that suits international business needs while maintaining the ability to own property in Dubai. To form a JAFZA offshore company, businesses must ensure compliance with regulations and maintain proper accounting records.
Establishing a JAFZA offshore company requires submitting specific documents and following procedural guidelines based on the chosen business structure and activity. Below are the essential requirements:
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Note: JAFZA authorities may request additional documents during the setup process, which could impact the overall costs, including the JAFZA company setup cost and JAFZA trade license cost.
Jebel Ali Offshore, part of the Jebel Ali Free Zone (JAFZA) in Dubai, offers a range of business setup options with various licenses to cater to different types of business activities. Here’s an overview of the types of licenses and activities available:
This license allows businesses to engage in a broad range of trading activities. It is ideal for companies involved in importing, exporting, and distributing goods across different sectors.
A commercial license permits companies to conduct specific commercial activities, including buying and selling goods, and providing related services. It covers activities such as retail, wholesale, and trading in specialized goods.
A professional license is required for businesses offering professional services such as consultancy, legal advice, and accounting. This license suits firms providing specialized expertise or services.
An industrial license is for companies involved in manufacturing, processing, or assembling products. This license supports businesses engaged in production activities within the offshore jurisdiction.
Investment licenses are tailored for businesses involved in investing in other companies or assets. This license is ideal for holding companies or entities involved in investment management.
An e-commerce license allows businesses to operate online platforms and conduct digital transactions. It supports companies engaging in online retail, digital marketing, and e-commerce operations.
Consultancy licenses are designed for firms providing advisory and consulting services in various fields such as management, technology, and human resources.
This license is for businesses offering non-trading services, including maintenance, repair, and support services. It covers a wide range of service-oriented activities.
Jebel Ali Offshore provides flexible options and a robust framework for various business activities, making it a popular choice for international companies looking to establish a presence in Dubai
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