Dubai Offshore (JAFZA Offshore)

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    Offshore Company formation in Dubai is via the Jebel Ali Free Zone Authority (JAFZA) and is the most popular and preferred place for starting an Offshore Company in the UAE. JAFZA is the oldest and most respected of the Free Zones that have been allowed to operate in the emirate of Dubai. This type of entity is allowed to trade internationally and is also allowed to own property in Dubai. Corporate shareholders are permitted. Should the incorporator lease an office space within JAFZA, they will then be entitled to one Residence Visa for the director. As usual with all UAE incorporations, this entity is also allowed to own and operate a local bank account. The JAFZA offshore company allows the incorporator to enjoy 100% repatriation of capital and assets, with no limits on foreign exchange or capital movements inside or outside the country.

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