Jafza Freezone is one of the world’s largest & fastest growing free zone, located in the emirate of Dubai in UAE. It is a leading driver of the burgeoning UAE economy. With its impeccable track record, Jafza stands for innovation, customer centricity, transparent operations and entrepreneurial dynamism.

If an offshore company wishes to own property in Dubai, it must first incorporate an offshore company in the Jebel Ali Free Zone, which will become the registered owner of the property. When registering property in the name of the Jebel Ali Free Zone offshore company, the company will also be required to provide a separate formal undertaking to notify the Land Department of any change share ownership of the company.

There are the following differences between offshore companies in the Jebel Ali Free Zone from all other companies in the Jebel Ali Free Zone are:

• No requirement of renting an office or industrial premises. The legal address of the offshore company is the address of the registration agent (my law firm in particular);
• The limited kind of activities in Dubai - realization of purchase, sale & ownership of property rights to real estate in Dubai (only in some projects). Prohibition of the commercial activities in the territory of the United Arab Emirates

TAAJEEL GLOBAL is one of the Mainland Company Formation Specialists in UAE offering complete business solutions including local sponsor in Dubai and shared office options in the heart of the City. Feel free to call us +971 054 307 9798 or email your inquiry at smart@taajeel.com. Contact us to start your Mainland company today.