Jebel Ali PLC

Jebel Ali Public Limited Company is a legal structure which provides for a low/No-tax environment for an entity or an individual which in turn minimizes tax burdens and improves wealth management. UAE Offshore companies are becoming popular tools for international entrepreneurs looking to set up business in the UAE.

 

Key Features of Jebel Ali PLC

Jebel Ali PLC

Corporate Details

General

  • Type of company

Public  Liability Company

  • Taxes

No taxes

  • Registered office and Agent

No

  • Timeframe for the company registration

4 months

  • Double taxation treaty access

Yes

  • Company seal

Optional

  • Can bid government contracts

Yes

  • Access to Double Taxation

Yes

  • Shelf companies available

Yes

Shareholders and Directors

  • Number

One minimum.

  • Local representative

No

  • Disclosure of the beneficial owners  to the Registrar

No

  • Disclosure of the beneficial owners  to the Registered Agent

Yes

Shares and initial capital

  • Annual Reporting

No

  • Minimum paid up share capital

US$ 1

Other

  • Must file Annual Tax return

No

  • Must File Annual Financial statements

Yes

  • Must appoint an Auditor

Yes

 

Tax treatment

Jebel Ali PLCs are tax exempted

 

Duration for set up the company

Four months 

 

Distinctive Advantages of Jebel Ali PLC

  1. Jebel Ali business setup, UAE is a tax-free country.
  2. No filing of Annual financial statements for Jebel Ali Limited Liability Companies.
  3. No agreements with other countries for taxation related information exchange 

 

   The Valsen Advantage

  • Speedy, Efficient and consistent Services.
  • Relentless effort to obtain bank accounts.
  • Expert advice on structuring options.
  • Dedicated ongoing compliance support.