Premier Brains is a registered agent for JAFZA Offshore

Features:

  • Registration of JAFZA Offshore Company is done through authorized agents. PBS is registered agent for JAFZA Offshore
  • 100% foreign ownership is allowed.
  • Exempted from all taxes and no restriction on capital and profit repatriation.
  • The company can own real estate properties on Palm Islands, or any properties owned by Nakheel Company LLC, EMAAR, or any other real estate properties approved by the JAFZ – Authority.
  • The company can hold a bank account in the UAE for the purpose of conducting routine operational transactions
  • Only 1 shareholder is required. No minimum share capital. Bearer shares are not permitted
  • No physical office is required. A registered agent’s office can also be used as the registered office.
  • Minimum of 2 directors are required
  • JAFZA Offshore Company can hold shares in both offshore and onshore UAE companies (ie local LLC companies).
COMMENT (1)
Fiaz Hussain / May 7, 2017

Thanks for keeping up updates from MOF about VAT.

Even these are the basic concepts for all professionals Accounts and Finance peoples but also it will be helpful.

Looking forwards new updates like,

a. Lists of items taxable, Zero rated and Exempt.
b. lists of industries applicable for under VAT.
c. Filing procedure and dates
d. Penalties.etc

Regards

Fiaz Hussain ACCA
Abu Dhabi

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