Precot Limited Incorporates Wholly Owned Subsidiary in Dubai, UAE
Precot Limited has established a new subsidiary through the incorporation of 'Precot Holdings Limited' in Jebel Ali Free Zone (JAFZA), Dubai, United Arab Emirates. This move expands the company’s international footprint and operational capacity within the Middle East market.The newly formed entity is wholly owned by Precot Limited, with operations registered at 805, Oxford Tower, Business Bay, P.O.Box 126436, Dubai, U.A.E. The incorporation of Precot Holdings Limited was completed on July 6, 2026.
The principal objects of the Wholly Owned Subsidiary (WOS) are focused on international business and investment activities both inside and outside the UAE. According to its mandate under the Jebel Ali Free Zone Authority Offshore Companies Regulations 2018, Precot Holdings Limited is entitled to function as a holding company. This includes acquiring or owning controlling levels of equity in various companies and commercial entities globally.
Key details regarding the newly incorporated subsidiary are presented below:
| Particulars | Details |
|---|---|
| Name of WOS | Precot Holdings Limited |
| Country of Incorporation | Dubai, United Arab Emirates |
| Date of Incorporation | July 6, 2026 |
| Registered Office | 805, Oxford Tower, Business Bay, P.O.Box 126436, Dubai, U.A.E. |
| Shareholding | 100% by Precot Limited |
The establishment of the subsidiary allows Precot Limited to engage in diverse activities required for a holding company within the international business environment and adhere to Jebel Ali Free Zone Authority regulations.
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