Jebel Ali Offshore
IBG business setup consulting enables you to collaborate with clients and key stakeholders to deliver specialized, demand-driven end-to-end solutions. In establishing your offshore business setup in JAFZA, IBG ensures it gets the support it needs and adds value.
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Top Selling JAFZA Offshore Promotions
Types of Industries
In accordance with the regulatory requirements, every company established in the UAE must renew their Trade License in order to legally continue engaging business activity and operation. The Dubai Multi Commodities Centre (DMCC) and freezone authority is the authority that issues, regulates and renews mainland and freezone trade licenses respectively. With the help of IBG, you can be ensured that the renewal process is completely done in the right order. IBG offers the best advice and services you need for liquidating your company in Mainland, Freezone and offshore across all the emirates.
During cancellation, the company will be liquidated, and all of its assets and properties will be properly divided among shareholders of the company. In all scenarios of liquidation, IBG offers the best advice and services you need for liquidating your company in Mainland, Free zone, and Offshore across all the Emirates.
*An offshore company is not allowed to carry out trading, banking, insurance agent or insurance broker activities. If the business industry is not mentioned above, please contact us for more information.
Basic
STARTING FROM
AED 16,500
Save up to AED 2,475
- Certificate of Incorporation
- Official Company Stamp
- Expiry Reminder Services
- Brand Identity (Logo/Letterhead/Business Card Design)
- Door-to-door document delivery (within dubai)
- Bank Account Opening Assistance (UAE)
- Accounting and Bookkeeping Consultation
*The abovementioned fees include Registered Agent Fees.
Process and Timeline
- 1Should be 18 years old and above
- 2Should not have any criminal records
- 3The business should be legally permissible
- 4Should be an individual, corporate or mixed of both
Company Registration
Individual Shareholder
1. Passport copy/ies of the Shareholder(s)
2. CV or Resume with contact details
3. Recent utility bills with full name and current home address
4. Details of the UBO
Corporate Shareholder
1. Certificate of Incorporation1
2. Memorandum and Articles of Association1
3. Trade License1
4. Certificate of Incumbency2
5. Certificate of Good Standing3
6. Shareholders Resolution4
1 Must be a certified true copy and be attested by the UAE Embassy or Consulate from the country of origin and by the Ministry of Foreign Affairs in the UAE.
2 Must be the latest or issued by the registrar; attested by the UAE Embassy or Consulate from the country of origin and by the Ministry of Foreign Affairs in the UAE.
3 If the corporate entity is an offshore license holder, an original copy is required and must be attested by the UAE Embassy or Consulate from the country of origin and by the Ministry of Foreign Affairs in the UAE.
4 Must state the confirmation of the establishment of a new company in JAFZA and must be attested by the UAE Embassy or Consulate from the country of origin and by the Ministry of Foreign Affairs in the UAE.
Company Setup Package Fee
Starts from
AED 16,500
Package includes
- Government Fees
- Registered Office Address
- Registered P.O Box
- Registered Agent Fees
Company Registration
Trade Name Approval
1 business day
Submission of Documents and Company Details
Depends on the Client
Verification of Documents
1 business day
Proceed to Payment
Depends on the client
Submission of Application through JAFZA Portal
1 business day
Preparation of Application Form/MOA/AoA
1 business day
Obtaining Client Signature
Depends on the client
Issuance of Certificate of Incorporation
2-3 business daysProcess and Timeline
- 1Should have a valid JAFZA offshore license
Company Renewal
1. Renewal Application Form
2. Request letter from agent
Renewal Package Fee
Starts from
AED 8,000
Depending on the package taken during the first year.
Trade License Renewal
Preparation & Submission of Documents
Depends on the clientProceed to Payment
Depends on the clientSubmission of Application through JAFZA Portal
1 business dayIssuance of Certificate of Incorporation
2-3 business daysProcess and Timeline
- 1Should have a valid JAFZA Offshore license
Company Cancellation
1. Request letter from the agent stating the closure of the company.
2. Board resolution stating the closure of the company with the shareholder(s) signature.
3. Letter to appoint a liquidator from the shareholder(s).
4. Liquidation letter or liquidation report from a charted account company in the UAE.
Cancellation Fee
AED 1,000
Liquidation Report
AED 2,000
Depending on the nature of the business.
Company Cancellation
Appointing a Liquidator
Depends on the clientSubmission of Notice to Liquidate to the Registered Agent
1 business dayPublication of Liquidation
14 calendar daysLiquidation Report
50-70 business daysObtaining Company’s Liquidation Certificate from the Registrar
1 business dayFrequently Asked Questions
Can an offshore business lease local space?
No, an offshore business cannot rent space in a local area.
How long does it take to form an offshore company in JAFZA?
In JAFZA, an offshore business can be established in 6-7 working days.
Is local sponsorship necessary for an offshore company in JAFZA?
No, a business entity incorporated in Dubai(JAFZA) is not required to move forward with local sponsorship.
How many shareholders are allowed to form an offshore company in JAFZA?
A minimum of one or more shareholders is allowed to form an offshore company in JAFZA. It does not have any restrictions on the maximum number of shareholders.
What is the setup cost for the JAFZA Offshore Company?
The cost of starting a JAFZA offshore firm will vary depending on the registered agent you use. With IBG it just starts from 16,500 AED.
What types of industries are supported by JAFZA?
JAFZA supports activities of many different industries, such as
- Logistics
- Agriculture & Food
- Petrochemicals
- Vehicles, and Spare Parts
- Electrical and Electronics
- FMCG,
- Healthcare
How to form a company in JAFZA offshore?
For establishing a JAFZA offshore company, you can begin as follows:
1. Decide on the type of business activity you wish to engage in and do your research;
2. Select a registered agent, such as IBG consultants, to assist you with licensing and registration;
3. Submit all required documents;
4. Pay the necessary fees.
How to renew a JAFZA business license
Your registered Agent renews your JAFZA offshore business. You are necessarily not required to be present in person.
Does JAFZA offshore offer residence visas?
Like all other offshore companies in the UAE, JAFZA offshore business is ineligible for UAE resident visas.
Why choose JAFZA?
Having all the essential resources opens up a whole new universe of possibilities for businesses connected to JAFZA. Today, Jafza is a thriving hub for thousands of firms from more than 130 nations.
- 100% foreign ownership is allowed
- 0% import or re-export duties
- 0% on personal and corporate tax
- Ability to mortgage your premises
- Onsite customs
- JAFZA offers global connectivity as it’s located near Jebel Ali port.
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