Jebel Ali Offshore is the favoured choice for setting up an offshore company in UAE. Foreign investors can register their companies with Jebel Ali Offshore with the guidance of Startup Works and obtain their company incorporation certificate and other relevant paperwork within 5-7 days of submitting them.
JAFZA Offshore, which is governed by the Jebel Ali Free Zone Authority, is authorised to form non-resident companies for foreign investors interested in conducting international business operations. JAFZA Offshore makes it easier for individuals and businesses in the UAE to incorporate offshore companies.
Bearer shares are not permitted for the company. The company is also prohibited from renting local premises and engaging in business activities such as banking, insurance, consultancy, or advertising. Shareholders must physically visit JAFZA/Dubai, and the company's accounts must be audited and submitted to the Authority.