Resources

RESOURCES 

Features of Jebel Ali Free Zone, Dubai Offshore Companies:

These are essentially limited liabilities companies with a capital structure as decided by the shareholders. These offshore entities may act as a normal individual and has all the capabilities and privileges of a natural person. These entities are allowed to become share holders in FZE/FZCO/LLC entities.

  • Can buy free hold properties in Dubai
  • Can open bank account in Dubai
  • Can conduct internal business
  • No physical office required
  • Can participate in the equity of other entities in Dubai and free zones.
  • Only 1 shareholder is required
  • No minimum share capital 
  • Shares can be in any currency
  • No filing requirements

To Form an Offshore Company in Jebel Ali, the Following are required:

For individuals:

  • personal profile of applicant (short CV)
  • passport copy
  • bank reference
  • proof of residence

 For companies:
(All documents should be notarized and attested by UAE Embassy in their Country)

  • Certificate of Registration of the Company
  • Certificate of Good Standing of the Company
  • Memorandum and Articles of Association
  • Board Resolution Calling for the Establishment of Offshore Company

Applicants are requested to attend and sign the MOA in JAFZA.
Cost:
Offshore company registration AED 10,100 if urgent extra AED 500.
Time Required to Process:
5 working days.
Renewal:
Requesting letter from agent

  • copy of incorporation certificate
  • Fee AED 2,500 for renewal.

Our cost to act as an agent is over and above the above fees. For further information, please do not hesitate to contact us.

Dubai Silicon Oasis Authority (DSOA)

DSOA is owned by the Government of Dubai, for which its main goal is to attract and facilitate foreign investments to occur in the crossroads of four major markets.

Dubai Silicon Oasis Authority provides a 100% foreign company ownership, 100% repatriation of capital and profits, stable currency, abundant and inexpensive energy, easy availability of inexpensive workforce, and waiving of currency restrictions. By being an integrated community DSOA offer commercial, leisure, educational, housing, medical and other necessary support services. Every aspect of the offerings reflects the deep understanding of the DSOA leadership about the challenges faced by companies that are the leaders in the high tech industries.

Types of companies can be set up in DSOA :

  • Branch - No capital / No establishment fee.
  • Free Zone Establishment (FZE) - 1 shareholder with a minimum share capital of AED 1 Million.
  • Free Zone Company (FZCO) - 2 to 10 shareholders with a minimum share capital of AED 500,000.

Initial expenses will be:

  • Annual Rent  of minimum office space 50 sq.m @ AED 1,800 / sq.m (rate may vary depending on your proposed activity).
  • 10% Service Charge of the annual fee (please see point # 3 for service charge details)
  • Annual License Fee of AED 15,000/.
  • One time registration fee: AED 10,000/ for FZE or AED 15,000/ for FZCO. Branch requires no registration fees.

Service charge details:

Service charge covers:

  • Office Pre-furnishing: cleaning, carpets, wallpaper, curtain blinds, fire control system, data and telephone sockets.
  • Utilities: electricity, water and air-conditioning.
  • Parking space: 1 parking space per 50 sq.m office space.
  • 24 hours security.
  • Cleaning the common area.
  • Office Furniture.

Terms and conditions:

  • Lease Term: 2 years renewable.
  • Payment Term: Annually in advance.
  • Visas: 4 visas for every 50 sq.m (12.5 sq.m / visa).
  • Visa Term: 3 years renewable.
  • Office Access: 24 hours.

Business activities:

Companies can operate any of the following activities within DSOA.

  • General Activities Information
  • Technology
  • Telecommunication
  • Electronic, Computer hardware
  • Software development & Solutions
  • Electrical appliances & Equipment
  • Engineering
  • Logistics
  • Security
  • Pharmaceutical
  • Microelectronics
  • IC Design
  • Talent Pool
  • Talent Recruitment
  • EDA Tools
  • Engineering Housing
  • IP Protection
  • IT Services
  • MIC
  • Manufacturing
  • Investment Opportunities
  • Business Environment

Documents required for initial approval:

  • Letter of Intent (Typed on your company letterhead or issued by your legal representative explaining the company proposal at DSOA).
  • Completed DSOA Application Form.
  • Completed DSOA Company Investment Plan (FZE & FZCO; inserted in DSOA Information Pack).
  • Recent Annual Financial Report (non individual shareholder Audited, if available) or Bank statement (individual shareholder).
  • Company brochure/company profile.
  • Business Plan (FZE & FZCO; guideline attached).
  • Shareholder's (FZE & FZCO) & Manager's Passport copy.

Once the above mentioned documents are submitted the company file will be ready for the initial approval process. Approval can take a week, after which you will be asked to submit the legal documents required according to the type of company you have decided to set up (Branch/FZE/ FZCO) to enable us to issue your license. We hope you find the above information useful.

Offices are available immediately and if you require further assistance please do not hesitate to contact us and we look forward to welcoming your company to Dubai Silicon Oasis Authority.