JEBEL ALI
Registering a company Jebel Ali free zone, the company name must end with the word "Limited".
According to the United Arab Emirates companies law, the Company must have the registered Office and the registered agent in Dubai. The registered agent must be an approved person.
The company must have at least one shareholder (corporate shareholders are permitted). The company must also have a secretary. Shareholders may also be Secretary, Directors and Manager. The company registered in Jebel Ali free zone is required to have a minimum of two Director, noted that corporate directors are not permitted.
There is no minimum share capital requirement but all shares must be fully paid on allotment. Bearer shares are not permitted. Shares may be of one class only.
The country has no income tax. The only exceptions are the oil production industry, and foreign bank branches. There is also no personal taxes. Direct taxation in the UAE contravene traditions and it is unlikely that will be introduced in the near future.
The Company must maintain proper accounting records. The accounts must be audited by an auditor approved by the Free Zone Authority and must be filled with the Authority. Annual return is not required.
There is no restrictions for the company's meeting location and procedures.
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