JAFZA is highly regarded by overseas investors and it is currently home to 7,000 businesses from more than 100 countries – bringing in over 20% of the UAE’s foreign direct investment. This allows non-resident companies to have a corporate legal entity without hassles in Dubai. JAFZA Offshore Company incorporation 2003 implemented comprehensive rules and regulations for offshore company formation in Dubai.z It permits the incorporation of an offshore company by individual or by establishments. A minimum of two directors are required for JAFZA company formation.