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Company Formation in Jebel Ali Free Zone (JAFZA) Offshore

Free Zone Offshore Companies Regulations 2003, allows the formation of an offshore Company by individuals or corporate bodies, as a non-resident company, having a corporate legal entity. A Client can set up an offshore company through one of the approved Registered Agent.

Charges Involved

Sr. No. Process Requirements Cost (AED)
1. Offshore Company Registration Individual Applicant Non-Individual Applicant 10,000/-
1) Application Form- Memorandum & Article of Association
2) Covering Letter- Letter of appointment of Register Agents
3) Applicants personal profile (short C.V) 3) Certificate of registration of the company
4) Passport Copy 4) Certificate of good standing of the company
5) Bank Reference 5) Memorandum & article of association
6) Proof of residence 6) Board resolution calling for the establishment
7) Power of attorney
*All the above docs should be Notarized and Attested by UAE
2. Changes of Off shore’s Board 1) Covering letter from the agent.
2) Shareholder Resolution regarding appointment or resignation (Standard format) (stamped by the agent).
3) If the Directors list name in the MOA they have to submit the Amendment of MOA.
4) Passport Copy.
1) 200/-for each transaction (etc. appointment or resignation, replacing)
2) 500/- Amendment of MOA
Board
Director
Manager
Secretary
3. Transfer of Share
4. Amendment of the Activity
5. Changing Companies Name 1) Covering letter from the agent.
2) Shareholder Resolution regarding change of the Company’s name .(singed by the agent)
3) 3 copies of Amendment of MOA regarding changing the company name (signed by the share holders) + The original MOA should be submitted
1) 200/-for each transaction
2) 500/- Amendment of MOA
3) 1500/- Advertising fees
6. Increase or decrease of Share capital 1) Covering letter from the agent.
2) Shareholder Resolution regarding change of the Company’s name .(singed by the agent)
3) 3 copies of Amendment of MOA regarding changing the company name (signed by the share
holders) + The original MOA should be submitted
1) 200/-for each transaction
2) 500/- Amendment of MOA
7. Changing the registered agent 1) No objection letter form the existing agent
2) Appointment letter form the new Agent + Covering letter.
3) Shareholder Resolution regarding change of the agent (stamped by the existing agent)
4) 3 copies of Amendment of MOA regarding changing agent (signed by the share holders) + The
original MOA should be submitted
8. Letters Request letter from the agent. 200/- for each letter
Before 12:00 am in same day.
9. Good Standing
10. Certificate Of Incumbency Requesting letter from the agent. 500/- for each letter
11. True Copy 1) Request letter from the agent.
2) Copy of the document which need to be attested.
200/- for each letter/document
12. Attestation
13. Company Renewal 1) Requesting letter from the agent.
2) Copy of incorporation certificate.
2,500/- for company renewal fees
14. Share Pledge 1) Covering letter from the agent.
2) Shareholder Resolution regarding share pledge. (Stamped by the agent)
3) Share Pledge Agreement attested from Dubai Court
4) Bank confirmation regarding the share pledge.
200/- for the letter to be issued to bank
15. Winding Up 1) Covering letter from the agent.
2) Shareholder Resolution regarding winding up (Stamped by the agent)
3) Original MOA.
4) Original Incorporation certificate.
5) Liquidation report.
1) 500/- Termination
2) 1,500/- Advertising fees
Sr.No. Facts
1. No. of Directors allowed to participate 2 Directors, 1 Secretary
2. No. of shareholders allowed to participate 1 Shareholder
3. Language in which Memorandum needs to be submitted English
4. Premitted activities in UAE by an Offshore Company 1)Offshore companies are not allowed to perform activities in UAE.
2) They can only own property in Dubai World, Emaar, Dubai Holdings projects.
3) They can also own shares in LLC companies in the UAE.
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