Registration of Real Estate for a JAFZA Offshore Company
Jebel Ali Free Zone is the only free zone in the emirate of Dubai which registers offshore companies that have the right to own real estate in the entire territory of the emirate. Such offshore companies do not need to obtain additional permits from local authorities to own real estate.
A quick company incorporation and the ability to form companies 100% owned by foreign individuals secured JAFZA’s position as a centre for registering companies to invest in UAE assets.
The whole company incorporation process takes about two weeks after the client has provided the necessary documents.
The cost of registering a JAFZA offshore company includes:
- Preparing and submitting all necessary constituent documents to the Registrar, and subsequently handing the original documents to the client;
- Providing registered office and registered agent for the first year after incorporation;
- Making a company seal;
- Standard Compliance Fee;
- Shipment of documents