Jebel Ali (JAFZA) Offshore

Jebel Ali Free Zone (JAFZA) is a free economic zone located in the Jebel Ali area at the far western end of Dubai. JAFZA commenced operations in 1985 with standard size office units and warehouses to provide ready built facilities to customers. In 1990 JAFZA expanded its facilities to include light industrial units. It is the largest free zone in the MENA region.

The Jebel Ali Free Zone Authority is the oldest and most respected of the free zones that have been allowed to operate in the emirate of Dubai. This type of incorporation is allowed to trade internationally and is allowed to own property in the emirate of Dubai. JAFZA is the first offshore jurisdiction in the UAE.

JAFZA offshore is a type of an offshore company registered by a Jebel Ali Free Zone in Dubai.

Until recently it was the only offshore company which could hold real estate property in Dubai. This feature made JAFZA offshore company setup highly demanded by property owners.

Jebel Ali offshore company formation can be established only by a registered Agent whose registered office will be the registered address of the company.

A JAFZA entity is subject to UAE Corporate Tax, similar to all other companies established, formed, or recognized under UAE legislation. However, it is entitled to claim a foreign tax credit on the Corporate Tax owed, in accordance with Article 47 of the UAE Corporate Tax Law.

Offshores companies in JAFZA must keep accounting records.

Business activities for JAFZA offshore company formation are not grouped or limited to any specific category. It means that the company can have a broad variety of activities.