Dubai’s strategic location, liberal government policies, tax exemptions, and political and economic stability makes it an ideal location for offshore company incorporation. The UAE, including Dubai, has become a popular destination for foreign investors looking to establish offshore companies due to its business-friendly environment and supportive regulatory framework. The UAE government has implemented various initiatives and incentives to attract foreign investment, including the establishment of free zones and special economic zones, which provide foreign investors with a range of benefits and opportunities to set up and run their businesses efficiently.
The Jebel Ali Free Zone Offshore Companies Regulations were introduced in 2003 to provide a regulatory framework for the establishment of offshore companies in Dubai’s Jebel Ali Free Zone. These regulations provide non-resident companies with a legal entity and access to an internationally recognized jurisdiction with a solid reputation among global financial regulators. The regulations also ensure that these offshore companies comply with global offshore laws and regulations, while also offering greater efficiency and convenience for international businesses.