Jebel Ali Freezone Authority
Jebel Ali Freezone ( JAFZA) is one of the world’s largest and fastest growing Freezones in the world. It was established in 1985 and occupies an area of 48 square kilometers which is home to over 6,700 companies.
Why set up in this Freezone?
JAFZA is acclaimed as one of the leading business hubs of the Middle East, and it focuses on long-term customer relationships and fosters alliances with global investors.
Advantages of setting up in this Freezone
By setting up a company in JAFZA, you will be entitled to 100% foreign ownership of the company itself and optional visa facilities. You will not face any customs duty and there is 0% income and corporation tax. There are no restrictions on labor and neither on currency. JAFZA is a one-stop shop for business services with unparalleled logistical infrastructure and amenities, including offices, land and a world-class business centre, creating an atmosphere conducive to growth, learning and success.
How to set up in this Freezone
To set up a company in JAFZA, you will need a business plan, passport copies, bank reference letters and CV/proof of education.
What is the timeframe?
It will take approximately 3 – 4 weeks (subject to submission of the lease agreement to the authorities and depositing the share capital in the bank) to complete the entire registration procedure and obtain the trade license from the Free Zone.
What else can you expect from this Freezone?
This Freezone has a brand of its own, and by opening a company in JAFZA you can expect the prestige of an address and presence within this world famous location. You can also expect excellent service and access to amenities which are second to none. The strategic location is extremely advantageous and gives you excellent logistical access to Ports and the surrounding areas.
Dubai
The basic requirement for all business activity in Dubai is to receive and maintain a license under one of the following categories: commercial, professional or industrial. These licenses are all issued by the Dubai Economic Department. However, licenses for some categories of business require approval from certain ministries and other authorities too.
Article Courtesy of Jenna Bata L.L.B (Hons) UK, MBA USA
Business Advocate of Al Rowaad Advocates and Legal Consultancy
Al Rowaad Advocates and Legal Consultancy
For further information on how we can help you to incorporate a JAFZA company, please do not hesitate to contact us on +971 4 325 4000 or visit the website