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alt="Share/Bookmark" /></a> <be /> <a class="a2a_dd" href="http://www.addtoany.com/subscribe?linkname=how_to_register.html&amp;linkurl=http%3A%2F%2Fwww.jafzaoffshorejcauae.com%2F"> <img src="http://static.addtoany.com/buttons/subscribe_171_16.gif" width="171" height="16" border="0" alt="Subscribe" /></a> </td> </tr> <tr> <td height="1"> </td> </tr> </table> </td> </tr> <tr> <td height="75" align="center" valign="middle" bgcolor="#066B97" class="navigation" style="padding: 4px 4px 4px 4px"> <span class="bottomnavigation"><a href="gov_charge.html" class="bottomnavigation">List of Government Charges for <br /> JAFZA offshore</a></span><br /> The success of JAFZA - Jebel Ali Offshore Centre is measured by the following up to date statistics: </td> </tr> <tr> <td align="left" valign="top" bgcolor="#066B97" class="sidewhite" style="padding: 10px 5px 5px 5px"> <div align="justify"> Jafza Incentives with Facts<br /> 100% foreign ownership<br /> Exemption from all import duties<br /> 100% repatriation of capital and profits<br /> Freedom from corporate taxation<br /> Abundant inexpensive energy<br /> Simple and efficient recruitment procedures.<br /> A high level of administrative support<br /> Over 3500 companies currently operate out of JAFZ compared to 1900 companies as at the end of 2000. <br /> The multinational spread is exemplified by the fact that these companies have their parent companies in 97 countries around the world. <br /> Over 40% of these companies are based in the world&rsquo;s leading industrial nations.<br /> Over 70 companies with facilities in JAFZA are internationally known &ldquo;household names&rdquo;. </div> </td> </tr> </table> </td> <td rowspan="2" align="left" valign="top"> <table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td height="41" align="right" valign="middle" class="righttop" style="padding-right: 15px"> <a href="index.html" title="Home" class="righttop">Home</a> | <a href="faqs.html" title="FAQ's" 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</td> </tr> <tr> <td width="3%"> &nbsp; </td> <td width="94%" class="greentext"> <div align="justify"> <p> <strong>Characteristics of an offshore company registered in the JAFZA Zone are as follows:</strong><br> <br> <img src="./Jafza Offshore Registration Business in Jafza Offshore Jafza Registration Offshore Registration Opening of Bank Account in Dubai Opening of Bank Account in UAE_files/pic02.gif" alt="Jafza Offshore Registration: Business in Jafza Offshore, Jafza Registration, Offshore Registration." width="527" height="134"></p> <p> <strong>SHAREHOLDERS&nbsp; </strong> <br> A minimum of one shareholder is required.&nbsp; Corporate shareholders are permitted. Shareholders will decide capital structure of the Company. No fiscal minimum capital requirements have been stipulated.&nbsp; Bearer shares are not permitted. Different classes of shares are not permitted and shares have to be fully paid when allotted. A shareholders meeting should be conducted periodically (at least once in a year).&nbsp; Every company shall maintain minutes of all proceedings at general meetings.&nbsp; The Register of Members shall be open for inspection by any member of the offshore company and any other person.&nbsp; If inspection is refused, the company commits an offence.</p> <p> <strong>DIRECTORS&nbsp;</strong><br> A minimum of two directors are required and corporate directors are not permitted.&nbsp; Details of Directors are not available for public inspection. </p> <p> <strong>SECRETARY&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> </strong>Every Company shall have a secretary.</p> <p> <strong>ANNUAL &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> </strong>Every Company shall keep accounting records.&nbsp;<br> <br> <strong>ACCOUNTS &nbsp;and &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> </strong>Shall be preserved for 10 years from the date on which<strong></strong>,<br> <br> <strong>AUDIT</strong> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> they are prepared.&nbsp; An offshore company s accounts shall be approved by the directors and signed by one of them.&nbsp; </p> <p> <strong>TIMESCALE</strong>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp; <br> Registration of the company in free zone will take approximately 3 working days.</p> <p> <strong>RESTRICTIONS&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; </strong> <br> Names must end with limited.&nbsp; Certain business sectors such as <br> <br> <strong>ON NAME AND&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> </strong>Banking, Insurance, Re-Insurance, Insurance Agency or<br> <br> <strong>ACTIVITY</strong> &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> Insurance brokerages etc. are closed for offshore companies.</p> <p> <strong>LOCAL&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br> </strong>As a matter of local company law the company MUST</p> <strong>REQUIREMENTS</strong>&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; <br> maintain a registered office in the Free Zone and appoint an approved registered agent.&nbsp; A registered agent s office in Dubai or in the free zone can also be used as the registered office.</div> <div> <div align="justify"> <br /> <span class="greentext">Avail offshore services in Jafza offshore JCA ,UAE, business consultancy services in Jafza offshore JCA ,UAE, company formation, company incorporation services in Jafza offshore JCA ,UAE offshore,</span><a href="http://www.jafzaoffshorejcauae.com/Contactus.php" class="greenheading"> <br /> contact us</a> <span class="greentext">for free information, quote </span> </div> </div> </td> <td width="3%"> &nbsp; </td> </tr> <tr> <td> &nbsp; </td> <td bgcolor="#FFCC00"> <p align="center" class="greenheading"> <strong><a href="registrationform.html" class="greenheading">APPLICATION FOR REGISTRATION</a></strong></p> </td> <td> &nbsp; </td> </tr> </table> </td> </tr> </table> <!-- InstanceEndEditable --> </td> </tr> </table> </td> </tr> </table> </td> </tr> <tr> <td align="center" valign="bottom" bgcolor="#066B97" style="padding: 5px 5px 5px 5px"> <table width="100%" border="0" cellspacing="0" cellpadding="0"> <tr> <td> <div align="left"> <span class="sidewhite" s>&copy; <span class="bottomnavigation">jafzaoffshorejcauae</span>. 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