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Jafza Incentives with Facts
100% foreign ownership
Exemption from all import duties
100% repatriation of capital and profits
Freedom from corporate taxation
Abundant inexpensive energy
Simple and efficient recruitment procedures.
A high level of administrative support
Over 3500 companies currently operate out of JAFZ compared to 1900 companies as at the end of 2000.
The multinational spread is exemplified by the fact that these companies have their parent companies in 97 countries around the world.
Over 40% of these companies are based in the world’s leading industrial nations.
Over 70 companies with facilities in JAFZA are internationally known “household names”.
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Subject

Requirements

Cost

Time

 

changes of  Off shore’s Board
Director
Manager
Secretary

  • Covering letter from the agent.

 

  • Shareholder Resolution regarding appointment or resignation (Standard format) (stamped by the agent).
  • If the Directors list name in the MOA they have to submit the Amendment of MOA.

 

  • Passport Copy.

 

Dhs. 200 for each transaction

Appointment or Resignation , Replacing

If there is any amendment in the MOA Dhs. 500

Same day if it's before 10:am & next day after 10: am

 

 

Transfer of Share

  • Covering letter from the agent.
  • Shareholder Resolution regarding Transfer of Share (Standard format) (stamped by the agent)

 

  • New shareholders legal documents.
  • 3 copies of Amendment of MOA regarding transfer the share (should be signed by the share holders) .

 

 

Dhs. 200 for each transaction

Dhs. 500 Amendment of MOA

 

2 working days

 

Amendment of the Activity

  • Covering letter from the agent.

 

  • Shareholder Resolution regarding changing or Adding in the Activity (stamped by the agent)
  • 3 Copies of Amendment of MOA regarding activities amendment (signed by the share holders)

 

 

Dhs. 200 for Transaction fees

Dhs. 500 Amendment of MOA

 

1 working day

 

Changing in Company’s Name

  • Covering letter from the agent.

 

  • Shareholder Resolution regarding change of the Company’s name  .(singed by the agent)

 

  • 3 copies of Amendment of MOA regarding changing the company name (signed by the share holders) + The original MOA should be submitted 

 

Dhs. 200 for Transaction fees

Dhs. 500 Amendment of MOA

Dhs. 1500 Advertising fees

 

16 working days

 

Increase or decrease  of Share Capital

  • Covering letter from the agent.

 

  • Shareholder Resolution regarding increase or decrease the share Capital (Stamped by the agent)
  • 3 copies of Amendment of MOA regarding increase or decrease the share capital (signed by the share holders) + The original MOA should be submitted 

 

 

Dhs. 200 for Transaction fees

Dhs. 500 Amendment of MOA

1 working day

 
Changing the Registered Agent
  • No objection letter form the existing agent
  • Appointment letter form the new Agent + Covering letter.

 

  • Shareholder Resolution regarding change of the agent (stamped by the existing agent)
    • 3 copies of Amendment of MOA regarding changing agent (signed by the share holders) + The original MOA should be submitted 

Dhs. 200 for Transaction fees

Dhs. 500 Amendment of MOA

1 working days

Letters

Request letter from the agent. (any letter should be addresses to particle place).

Dhs. 200 for each letter

Before 10:00 am in same day.
1 working day
Good Standing
    Requesting letter from the agent.

Dhs. 200 for each.

1 working day

True Copy

    Request letter from the agent.

    Copy of the document which need to be attested.
Dhs. 200 for each document. 1 working day

Attestation

Request letter from the agent.

    The document which need to be attested.

Dhs. 200 for each document.

1 working day

Company
Renewal 

    Requesting letter from the agent.

    Copy of incorporation certificate.
Dhs. 2,500 for company renewal fees 1 working day
 
Winding Up
  • Covering letter from the agent.
  • Shareholder Resolution regarding winding up (Stamped by the agent)
  • original MOA. 
  • Original Incorporation certificate.
    • Liquidation report.

Dhs. 500 Termination

Dhs1,500 Advertising fees

16 working days

 


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