02 Nov 2019
Business Setup in JAFZA -OFFSHORE
In UAE there are many offshore companies. An Offshore Company is a legal business organisation that is set up with the intention of operating outside its registered authority and or the location of its ultimate ownership. Offshore has been widely known and offshore company formation services are everywhere in the country.
JAFZA Offshore company are not present there physically, they are only registered here, there shareholders don’t have resident visas. It’s a company that is under the laws of another country instead of its origin. This is one the reasons that offshore business is flourishing in the world.
Benefits of setting up business in JAFZA – Offshore
1.100% profit return
2.Freezone business licence
3.100% foreign ownership
4.Zero currency restrictions
5.No income tax or corporate tax payment
6.Gateway for international market
7.Business friendly legal system
8.Better access to global funding
Documents required for formation of a company
1.Personal Profile of the applicant
3.Proof of residence
Submit the application to registrar
Attest Memorandum & Articles of Association prepared as per the regulation
If registration is accepted offshore Company registration number will be allotted and registration certificate will be granted.
BMS Auditing can help you to set up your business in JAFZA – offshore. We can handle legal and documentation formalities to start your business in JAFZA. Contact us to establish your dream business ,we will be glad to assist you!