A JAFZA Offshore Company may be used as a Holding Company for a multitude of activities which may include holding freehold properties in Dubai as approved by JAFZA (Jebel Ali Free Zone), tax mitigation, estate planning and asset protection. It is possible to hold a Dubai property and other assets in privacy through a JAFZA offshore structure. On obtaining a ‘Certificate of Incorporation’, a multi-currency UAE bank account can also be opened.