What documents does a Pakistani national need to start a watches trading business in the UAE?

You will need a valid Pakistan passport (minimum 6 months validity), passport-sized photos, proof of address in Pakistan, attested documents via Ministry of Foreign Affairs Pakistan, and a business plan for your watches trading venture.

How long does it take for a Pakistani citizen to set up a watches trading company in JAFZA Offshore?

The complete process — from initial application to trade licence issuance — typically takes 5–8 business days. Adding visa processing and bank account opening, the total timeline is approximately 15–25 business days.

What are the tax implications for a Watches Trading business in JAFZA Offshore?

The UAE introduced a 9% corporate tax on profits exceeding AED 375,000 (effective June 2023). Offshore entities are generally exempt from UAE corporate tax on income earned outside the UAE. There is no personal income tax in the UAE. VAT at 5% applies to most goods and services.

What are the annual renewal costs for a Watches Trading business in JAFZA Offshore?

The annual licence renewal for a Watches Trading JAFZA Offshore company costs approximately AED 18,000, which covers the trade licence fee. Additional annual costs may include office space rental, visa renewal, and establishment card fees. IBA provides renewal services to ensure uninterrupted business operations.

What business activities can I include on my JAFZA Offshore licence?

Your JAFZA Offshore licence can include watches trading as the primary activity, along with related activities that fall under the same category. Mainland licences can include multiple activities, provided they fall within the same licence category (professional, commercial, or industrial). IBA advises on the optimal activity selection for your business needs.

Do I need to be physically present in the UAE to set up a Watches Trading company in JAFZA Offshore?

Most of the setup process for a watches trading business in JAFZA Offshore can be completed remotely, with documents submitted online or via courier. Offshore company registration can typically be completed entirely remotely without any UAE visit.

Can I open a corporate bank account with my JAFZA Offshore Watches Trading licence?

Yes, with a valid trade licence from JAFZA Offshore, you can open a corporate bank account at any UAE bank. Offshore companies can open corporate accounts, though the choice of banks may be more limited. IBA assists with introductions and documentation for smooth bank account opening.

OffshoreCommercial

Watches Trading in JAFZA Offshore

Starting From

AED 18,000

Setup Time

5 Business Days

Visa Quota

0 Visas

Location

Dubai

About Watches Trading

Setting up a Watches Trading business in JAFZA Offshore as a Pakistani citizen is a straightforward process when you understand the specific requirements that apply to Pakistan-based entrepreneurs. IBA International has helped hundreds of Pakistani business owners navigate the licensing, visa, and banking procedures unique to their nationality.

The licensing process at JAFZA Offshore has been streamlined significantly, with most commercial licences processed within 5 business days. As an offshore entity, you benefit from maximum privacy and asset protection. The base licence fee is approximately AED 18,000, making it competitively priced for the services included.

At IBA International, we simplify the process of establishing your watches trading business in JAFZA Offshore. From selecting the right licence type to securing your visa and opening a corporate bank account, our experienced team ensures every detail is handled professionally and efficiently.

Why JAFZA Offshore for Watches Trading?

JAFZA Offshore is widely regarded as one of the UAE's premier destinations for commercial businesses, and for good reason.

The jurisdiction offers zero tax on all income, which is particularly valuable for watches trading operations. Additionally, full capital repatriation ensures that your business remains competitive in the regional market. The offshore structure provides maximum confidentiality and is ideal for holding assets, intellectual property, and international trade operations. Many international businesses choose the offshore route for its streamlined compliance requirements and ability to open multi-currency bank accounts with leading UAE banks. Corporate bank account access further enhances the appeal of JAFZA Offshore for watches trading professionals. Furthermore, no physical office required positions your watches trading business for long-term success in the region. With Dubai continuing to invest in infrastructure and business-friendly regulation, JAFZA Offshore remains an excellent choice for both start-ups and established commercial enterprises looking to expand into the Middle East and North Africa region.

For Pakistani nationals specifically, the Dubai government has fostered a business-friendly environment with streamlined processes that cater to the large Pakistani business community.

Zero tax on all income

Full capital repatriation

Corporate bank account access

No physical office required

Asset protection

Visa Requirements for Pakistani Nationals

For Pakistani entrepreneurs, the visa process works as follows: Pakistani nationals require a pre-arranged UAE visa. Business visa or residence visa can be sponsored by the company once incorporated. IBA handles the complete immigration procedure — from entry permit to residence visa stamping — so you can focus on launching your watches trading business in JAFZA Offshore.

Banking for Pakistani Business Owners

Opening a corporate bank account for your watches trading company in JAFZA Offshore: Pakistani entrepreneurs can open corporate bank accounts with standard documentation. Some banks may require additional proof of business activity. IBA has established relationships with major UAE banks and will personally introduce you to relationship managers who understand Pakistani business structures.

Document Attestation for Pakistani Nationals

Document attestation for Pakistani nationals involves: (1) Notarisation in Pakistan, (2) Attestation by Ministry of Foreign Affairs Pakistan, (3) UAE Embassy attestation in Dubai. IBA provides a complete attestation checklist specific to watches trading businesses to ensure nothing is missed.

Requirements & Documents

1Valid Pakistan passport (minimum 6 months validity)

2Documents attested by Ministry of Foreign Affairs Pakistan

3UAE Embassy attestation from Abu Dhabi

4Detailed business plan or activity description

5Proof of residential address (utility bill or bank statement)

6No Objection Certificate (NOC) if applicable

7Entry stamp or valid UAE visa copy (if applying from within the UAE)

8Notarised power of attorney (if applicable)

Cost Breakdown

Item	Cost (AED)
License Fee	18,000
Estimated Total (Year 1)	From AED 18,000

* Costs are indicative and subject to change. Contact IBA for a personalised quote.

Setup Timeline

Consultation

Free consultation with IBA to discuss your watches trading business plan and the best JAFZA Offshore licence options for Pakistani nationals.

Document Preparation

Prepare and attest all required documents from Pakistan through Ministry of Foreign Affairs Pakistan and the UAE Embassy.

Licence Application

Submit the watches trading licence application to JAFZA Offshore. IBA handles all paperwork and government interactions.

Trade Licence Issued

Receive your official JAFZA Offshore trade licence within 5–8 business days.

Visa Processing

Process your UAE residence visa, Emirates ID, and medical fitness. Pakistani nationals require a pre-arranged UAE visa.

Bank Account

Open a corporate bank account. Pakistani entrepreneurs can open corporate bank accounts with standard documentation.

Start Operations

Your watches trading business is ready to operate in the UAE. IBA provides ongoing PRO, accounting, and compliance support.

Total estimated time: 5 business days. IBA handles the entire process end-to-end so you can focus on your business.

Frequently Asked Questions

Yes. JAFZA Offshore allows 100% foreign ownership for all nationalities, including Pakistani nationals. No local sponsor or partner is required.

Watches Trading in Other Jurisdictions

DIC

From AED 15,000

RAKEZ

From AED 7,500

DIFC

From AED 12,000

SHAMS

From AED 6,150

JAFZA

From AED 16,000

DMCC

From AED 15,300

IFZA

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DSO

From AED 12,000