Dubai Offshore Company Formation

JAFZA under Jebel Ali Free Zone Offshore Companies Regulations 2003, allows Dubai offshore company formation by individuals or corporate bodies, as a non-resident company.

 Advantages of Dubai offshore company formation:

  • easy and quick to set up
  • 100% foreign ownership possible
  • 100% exempted from corporate tax and VAT
  • No ‘tax haven’ stigma and on the white list of FATF
  • Highest level of discretion & confidentiality. The register is not public!
    There are no information exchange agreements with other governments & authorities.
  • Possibility to purchase real estate in UAE, e.g. in Palm island, Dubai Marina etc.
  • No minimum capital requirements – no paid up capital mandatory
  • 100% repatriation of profits and capital
  • No currency restrictions and exchange controls

Disadvantages:

  • Not entitled to trade in Dubai or within the UAE.
  • Minimum 2 directors are required.
  • Can not obtain UAE residence visas for its employees.
  • Can not rent local offices in the UAE, only virtual offices.

Dubai Offshore CompanyIn case you require further information about Dubai offshore company formation, please contact our German consultant Markus at +971 55 218 4269.

 

 

 

 

Comments are closed.