With The Jafza Offshore Company Formation Set-Up A Good And Robust Company In Dubai

Jafza Offshore Company Formation

Jafza Offshore Company Formation is a kind of an offshore company registered by a Jebel Ali Free Zone in Dubai.

Until lately it was the only offshore company which might grasp real estate property in Dubai. This attribute made JAFZA offshore company setup increasingly demanded by property owners.

The circumstances have changed now and the property can be registered under a cost-effective entity RAK offshore company.

JAFZA OFFSHORE COMPANY FORMATION

Jebel Ali offshore company formation can be set-up only by a registered representative. It means that you cannot carry out it directly with the government authority on your own.

The Offshore Agent In Jafza can be a business formation company in Dubai who will look after the official procedure and the registration procedure.

Jebel Ali offshore company is generally registered within 1-2 weeks depending on compliance sanction.

Your personal visit for signature confirmation is necessary. If a company director is a different person, his visit is also compulsory.

Note: offshore company registration in Dubai needs 2 directors only in case it’s a JAFZA offshore. Any other companies in diverse UAE authorities require only 1 director.

RESIDENT VISAS

JAFZA offshore company, as any other offshore company in UAE, is not entitled for UAE resident visas.

However, if you want a resident visa, you need to consider other options of business setup in Dubai in free zones or mainland. You can check business formation in UAE in any emirate as long as your company is registered in a free zone.

LICENSE RENEWAL

JAFZA offshore company renewal is completed by your registered Agent. Your own presence is not necessary.

You have to transfer the funds to the Agent, who will perform the formalities. Upon renewal, you will get a Certificate of good standing, which provides as an official proof that your company is on the go.

The price of the renewal is usually about 11,000 AED (3,015 USD) depending on your Agent.

UAE Freezone Company Formation Makes Your Business Profitable

UAE Freezone Company Formation

Setting up a company in Abu Dhabi and Dubai and the other parts of UAE can be an intricate job for expats. Over the past few years a lot of Free Zones have opened up to assist freelancers, consultants and small businesses to obtain a license to run here in the UAE. Regardless of the advantages of Free Zones, there are lots of vital factors to be aware of. When thinking about company UAE Freezone Company Formation in the diverse Free Zones across Abu Dhabi and Dubai, make sure to ask the following questions.

What are the key costs when establishing a company in a Free Zone?

Often Free Zones state that you can set up for a very low fee, but the truth is there are a number of compulsory charges, which shortly add up.

Within any Free Zone there are five major costs to think about;

  • Trade Name Reservation • Registration • Trade License • Office Rental • Visas and other ancillary costs

These can be further classified into unique fees and yearly costs. Though the registration charges are quite low, once all the other charges are included in, it is tough to establish in any Freezone for less than 30,000 AED.

Also Read :- uae freezone company liquidation

What are the benefits to establishing a company in a Free Zone?

There are several advantages to set up a company in a Free Zone, including:-

  • 100% foreign possession • 100% repatriation of assets and profits • 100% corporate and personal income tax exemptions • Exemption from all import and export duties (but you cannot import into mainland UAE)

There are also some added advantages of doing business within a Free Zone. Most of UAE Freezone Company Formation organize regular training and networking measures which are typically free to attend. Many meeting spaces are available to hire privately for a fee, and most people will persuade members to share business chances within that Free Zone.