Jebel Ali PLC

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.