TFZ

19th Floor, Conrad Tower, Sheikh Zayed Road, Dubai, UAE

JAFZA Offshore — Dubai, UAE

The only offshore company
that can own Dubai property

Approved by the Dubai Land Department to hold freehold real estate directly in the company name.

JAFZA Offshore is built for holding assets, owning property, international trading and wealth structuring. TFZ is a registered agent-partner and manages the entire process for you.

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1

Minimum shareholder

2

Minimum directors, must be individuals

0%

Corporate and personal tax on qualifying income

1–3 wks

Typical incorporation time

The Benefits

Why Choose a JAFZA Offshore Company?

1 Allowed to own freehold property in designated areas of Dubai, directly in the company name
2 100% foreign ownership, with no local shareholder or sponsor required
3 Zero corporate tax on qualifying income, zero personal income tax and no withholding tax
4 Shareholder and director details are not on a public register
5 No minimum share capital and no requirement to deposit capital
6 Can hold shares in UAE mainland and free zone companies, and in companies abroad
7 Can open UAE and international bank accounts
8 Backed by the reputation of Dubai and the Jebel Ali Free Zone, one of the largest free zones in the world
Scope

What a JAFZA Offshore Company Can and Cannot Do

Permitted ActivitiesNot Permitted
Own freehold property in Dubai (approved areas)Trade with customers inside the UAE
Hold shares in UAE and foreign companiesRent a physical office in the UAE
International trading outside the UAESponsor employee or investor residence visas
Hold intellectual property, investments and bank accountsCarry out banking, insurance or financial services
Act as a holding or investment vehicleObtain a UAE trade licence for local business
Ship consultancy and international advisoryDeal with UAE residents for commercial purposes
The Fine Print

Key Features of a JAFZA Offshore Company

Governing law JAFZA Offshore Companies Regulations 2018
Shareholders Minimum 1, individual or corporate
Directors Minimum 2, must be individuals
Company secretary Required (can be a director)
Share capital No minimum, any currency
Registered agent Mandatory — TFZ acts as your registered agent
Registered office Registered agent address in the UAE — can be TFZ address
Bearer shares Not allowed
Accounts Audited accounts must be prepared and filed with JAFZA
Name ending Must end with "Limited"
The Process

Step-by-Step JAFZA Offshore Registration

Free consultation with TFZ to confirm the structure meets your goals
Choose the company name and prepare the application form
Provide KYC documents for shareholders, directors and beneficial owners
TFZ drafts the Memorandum and Articles of Association
Shareholders sign the documents in person at JAFZA or through a notarised and attested power of attorney
JAFZA reviews and approves the application
Certificate of Incorporation, MOA and share certificates are issued
TFZ assists with corporate bank account opening
Paperwork

Documents Required

Passport copy of each shareholder and director
Proof of address (utility bill or bank statement, not older than 3 months)
Bank reference letter or recent bank statement
CV or business profile of each shareholder
Three proposed company names
Description of business activities and source of funds
For corporate shareholders: certificate of incorporation, MOA, certificate of good standing, board resolution and register of directors (attested)
Duration

Timeline for Formation

StageApproximate Time
Document collection and KYC2 – 5 working days
Name approval and application2 – 3 working days
Signing of documents1 day in person, or 1–2 wks via POA
JAFZA approval and incorporation3 – 7 working days
Bank account opening2 – 6 weeks
Total (typical, excluding bank)1 – 3 weeks
Budgeting

Cost of a JAFZA Offshore Company

Indicative costs in UAE Dirhams (AED).

Cost ItemIndicative Amount (AED)Frequency
JAFZA total registration fee21,000One-time
JAFZA annual licence renewal8,000Annual
Registered agent fee (TFZ)Quoted on requestAnnual
Audit of financial statements3,000 – 6,000Annual
Certificate of good standing / incumbency (optional)500 – 1,000As needed
Dubai Land Department property registration4% of property value plus admin feesPer transaction
Bank account opening assistanceQuoted on requestOne-time
Full Support

How TFZ Helps

A JAFZA Offshore company is a powerful tool for holding Dubai property and international assets when set up and maintained correctly. TFZ provides registered agent services and end-to-end support.

Registered agent services for JAFZA Offshore
Structure advice: offshore, free zone, SPV or a combination
Property purchase support with the Dubai Land Department
Bank account introductions in the UAE and abroad
Annual renewals, audit coordination, corporate tax and ESR filings
After Registration

Compliance Requirements for JAFZA Offshore Companies

Annual renewal

Renew the offshore licence through the registered agent

Annual
Audited accounts

Prepare audited financial statements and file with JAFZA

Annual
Corporate tax registration

Register with the FTA and file a return, even if 0% applies

Annual, within 9 months of year end
Economic Substance Regulations

Notification and report if carrying out a relevant activity such as holding company business

Annual
UBO register

Maintain a register of beneficial owners with the registered agent

Ongoing
Registers of members and directors

Kept at the registered office

Ongoing
KYC updates

Refresh documents when passports expire or details change

Ongoing
Anti-Money Laundering

Registered agent screening of shareholders and transactions

Ongoing
Which Option Fits?

JAFZA Offshore vs RAK ICC vs Ajman Offshore

Feature JAFZA Offshore RAK ICC Ajman Offshore
Own Dubai freehold property directly Yes Only via a free zone entity or approved structures No
Minimum directors 2 1 1
Audit required Yes No (records must be kept) No
Set-up cost Higher Medium Lowest
Best for Dubai property holding, prestige International holding, flexible structuring Low-cost asset holding
Frequently Asked Questions

Everything You Need to Know About JAFZA Offshore

From Dubai property to visas and tax, here are answers to the questions investors ask most.

Yes. JAFZA Offshore companies are approved by the Dubai Land Department to own freehold property in designated areas. This is the main reason many investors choose JAFZA over other offshore options.

No. Offshore companies cannot sponsor visas. If you need residency, TFZ can pair your offshore company with a free zone company or advise on property-based visas.

Shareholders normally sign in person at JAFZA. If travel is not possible, a notarised and attested power of attorney can be used, which adds a little time.

Offshore companies must register for UAE corporate tax and file a return. Qualifying income such as dividends and capital gains from shareholdings is generally exempt, so most pure holding companies pay no tax. TFZ reviews your position in detail.

No. JAFZA does not publish shareholder or director names. Details are held confidentially by JAFZA and the registered agent.

Fees, timelines and rules quoted on this page are indicative, change from time to time and depend on the authority, licence type and activity chosen. TFZ confirms exact figures in writing before any engagement begins.

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Get a free consultation on JAFZA Offshore company formation.

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