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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, tax mitigation, estate planning and asset protection. It is possible to hold a Dubai property and other assets in privacy through a Dubai offshore structure. Further, on obtaining a ‘Certificate of Incorporation’, a multi currency UAE bank account can also be opened.

Advantages of a JAFZA Offshore company:

  • A JAFZA Offshore company has a reputation as a serious hub of trading and manufacturing
  • Shareholders enjoy benefits of the JAFZA Offshore company being 100% tax free (VAT does not apply on this type of incorporation too)
  • A JAFZA Offshore company acts as ideal vehicle to hold a freehold property in the UAE.
  • A UAE Bank account can easily be opened with a JAFZA Offshore company
  • Multiple activities are permitted in the JAFZA Offshore company incorporation
  • Shareholders enjoy benefits of 100% ownership with the JAFZA Offshore company

Documents required to setup a JAFZA Offshore company:

  • Notarized Shareholders passport copies
  • Shareholders residency proof
  • Bank reference letter
  • A brief resume of the shareholders
  • 3 company name options ending with suffix "Limited"

The primary activities available in a JAFZA Offshore Incorporation are:

  • General Trading
  • Investment in Property
  • Consulting and Advisory Services
  • Holding Company
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