Offshore company formation in Jabel Ali is permitted to operate commercial activities outside UAE too. Also, the investors of Offshore Company in Jabel Ali are allowed to own freehold properties in particular locations of Dubai.
Features of Jabel Ali Offshore Company Formation
Jabel Ali Free zone authority has formed some regulations in company formation besides it being a preferred offshore for the investors.
Some of the features of Jabel Ali Company formation are as follows:
Limitations of Jabel Ali Offshore
Apart from the advantages, there are also some limitations set in company formation in Jabel Ali Offshore. Here, the bearer shares are not permitted, the company cannot rent local premises, the company cannot carry out business activities like advertising consultancy, insurance, banking, etc. And, the shareholders should visit Dubai physically.
With all of the above said, the investors opt for setting up of off shore company for various reasons. Some of them are the complete asset protection, confidentiality and privacy in operations, simple business operations and control, tax exemption (personal, corporate, professional). Also, there is no requirement to fill audit reports and No Minimum capital requirement.
If you are looking for Jabel Ali company formation, Emirates First can assist you with the necessary procedures that include submission of essential documents, follow ups, etc.