Business setup in JAFZA
Jebel Ali free zone is the largest and finest free zone in the world and the best place to start your business. It was established in 1985 and has grown to one of the world’s largest free zone with 57 square kilometers in area. Today it is the home to more than 6000 companies including 120 plus fortune 500 companies. It is the world’s most preferred logistic destination. Jebel Ali free zone ideally located adjacent to Jebel Ali seaport which makes it the best place for international business and trade. It is also near to Al Maktoum International Airport and also to the close proximity to Dubai International airport.
JAFZA became the first and the main free zone in the region and the world to win the ISO certification in 1996 and today it is one of the reliable brands in the gulf region remains for brilliance and innovation. JAFZA has been one of the real contributors to driver the exceptional monetary development in Dubai and the UAE’s throughout the years. JAFZA companies give substantial help to Dubai’s economy by opening business doors and other monetary segments, for example, transportation, hospitality, tourism and trading sectors.
- Company formation in Jebel Ali free zone provides access to business parks
- You can get Plot of land to Business setup in JAFZA
- Jebel Ali free zone facilitate investors with onsite residence
- Business setup in Jebel Ali free zone provides access to traders Market
- Company incorporation in Jebel Ali free zone provide access to showrooms
- Business setup in Jebel Ali free zone will provide you the facility of Warehouses
- Jebel Ali free zone provides state of the art fully furnish offices
- Business setup in Jebel Ali free zone provides access to retail outlets
Registration and Activities in JAFZA:
For business setup JAFZA issues various types of licenses:
- General trading license: This type of license holder is allowed to import, distribute, and store the items as per Jebel Ali free zone authority rules and regulations.
- Trading license: This type of license holder is allowed to import, export, distribute, and store items specified on the license issued by the authority.
- Industrial license: This type of license holder is allowed to import raw material to carry out the manufacture of products and export the finished product to any country specified in the license.
- Service license: This type of license allows the holder to perform the services specified in the license within the Free Zone.
- National industrial license: This type of license is designed for manufacturing companies with an ownership or a minimum 51 percent Arabian Gulf Co-operation Council. This license allows the license holder the same status as a local or AGCC owned companies inside the UAE.
Company formation types in Jebel Ali Free Zone (JAFZA)
JAFZA offers three types of business/company formations depending on the number of shareholders and the type of business.
Multiple shareholders:
Under multiple shareholders there are two types of company formation options available
- Free zone Company (FZC)
- Public listed company (PLC)
Free Zone Company (FZC)
Business setup as a Free Zone Company (FZC) in Jebel Ali Free Zone can be done with two to 25 shareholders. These shareholders can be individuals, (people), non-individuals (companies) and sometimes combination of both.
Public Listed Company (PLC)
Business setup as Public Listed Company (PLC) in Jebel Ali Free Zone can be done with two to 25 shareholders. These shareholders can be individuals (people), non-individuals (companies) and sometimes combination of both. A Public Listed Company is a Limited Liability Partnership inside the Free Zone.
Single shareholder
A single shareholder can register a Free Zone Establishment (FZE) in Jebel Ali Free Zone whether an individual or a company to conduct business activities. An FZE is essentially a Limited Liability Company in the Free Zone. The liabilities of the company are limited to the paid-up capital.
Any existing established entity/ Branch
Documents Requirements for All types of Applications:
In order to apply for a JAFZA business license and JAFZA products one would need following type of documents. Requirement of documents depend on the type of Business setup:
- An application form
- Manager’s passport copy (shareholder(s) included if apply)
- Summary of business activity
- No Objection Certificate (NOC) from a local Sponsor (only a UAE resident)
- Undertaking Letter of environment, Health & Safety
Documents Requirements for FZE and FZCO Companies
- Business profile of Shareholder(s)
- JAFZA attested board resolution
- JAFZA attested specimen signature of manager
- Duly notarized and attested Certificate of Company Registration by embassy of UAE
- Duly notarized and attested Memorandum of Association by embassy of UAE
- Duly notarized and attested Article of Association by embassy of UAE
Documents requirements for Branch Office
Branch Office (Overseas)
- Duly notarized and attested Board Resolution or Owner Declaration Form by embassy of UAE
- JAFZA attested specimen signature of manager
- Duly notarized and attested Certificate of Company Registration by embassy of UAE
- Duly notarized and attested Memorandum of Association by embassy of UAE
- Duly notarized and attested Article of Association by embassy of UAE
Branch Office (UAE)
- To open a JAFZA branch a Letter from the parent company
- Copy of Memorandum of Association
- Article of Association
- Copy of license
- Chamber of Commerce Certificate copy
- Original Board Resolution
- JAFZA attested specimen signature of manager
Business setup advantages in JAFZA:
- Jebel Ali free zone offers 100% foreign ownership on Business setup
- Jebel Ali free zone has 0% corporate tax for a period of 50 years on the company
- Jebel Ali free zone offers full repatriation of capital and profits on Business setup
- Jebel Ali free zone provides cost-effective solutions to your business setup
- Company incorporation in Jebel Ali free zone provides 0% import or re-export duties
- Business setup in Jebel Ali free zone offers 0% personal income tax
- Company formation in Jebel Ali free zone benefits you with no currency restrictions
- Business setup in Jebel Ali free zone offers no restriction on hiring foreign employees
- Jebel Ali free zone provides the facility of mortgage owned premises on leased land
- Company formation in Jebel Ali free zone provides access to abundant energy makes it cost-effective to conduct production business
For Business setup in JAFZA (Jebel Ali Free Zone), Get in touch with our business consultants by calling +971562181007 or drop a mail to info@msz.ae