Jabel Ali Offshore
Offshore Company Formation In Jebel Ali
Offshore company formation in Jebel Ali allows businesses to conduct commercial activities outside the UAE, offering flexibility for global operations. Investors establishing a Jebel Ali Offshore company are also permitted to own freehold properties in designated areas of Dubai, making it an attractive option for international entrepreneurs.
Features of Jabel Ali Offshore Company Formation
Jabel Ali Free zone authority has formed some regulations in company formation beside it being a preferred offshore for the investors.
Some of the features of Jebel Ali Company formation are as follows:
100% foreign ownership is permitted
No minimum capital required
Total exemption on taxes and duty
No need to deposit the capital in the bank
The minimum number of Directors should be two.
An offshore company should have one Secretary (resident of UAE). This secretary may also be one of the Directors of the company.
Limitations of Jebel Ali Offshore
While Jebel Ali Offshore offers several advantages, it also has certain limitations. Bearer shares are not permitted, the company cannot rent local premises, and it is restricted from conducting activities such as advertising consultancy, insurance, or banking. Shareholders are also required to visit Dubai in person. Despite these restrictions, investors choose Jebel Ali Offshore for reasons such as strong asset protection, high confidentiality, simplified operations, tax exemptions on personal, corporate, and professional income, no audit filing requirements, and no minimum capital requirement. If you are planning to establish an offshore company in Jebel Ali, QBS can assist with document submission, follow-ups, and all necessary procedures to ensure a smooth setup.