Faic Business Consultancy JLT

Email: info@faicdubai.com

Jebel Ali Free Zone

Jebel Ali Free Zone (abbreviated JAFZA), is one of the the world's fastest-growing Free Zone, which was established in 1985. It is located on the area of ​​over 48 square miles where more than 6,400 companies already got registered, including 120 world's largest companies from different countries in the world. The largest Middle East sea port of Jebel Ali is situated inside the free economic zone; Al Maktoum International Airport, opened in June 2010, is located just in the vicinity of JAFZA. The basic principle of JAFZA is to establish long-term relationships and to attract big investors providing them with the necessary infrastructure and high-end range of services. JAFZA in the future will become a global leader in advanced industrial and logistics solutions.

Jebel Ali Free Zone offers: ready to move offices and warehouses, business center, hotel with 216 rooms, an exhibition hall, rent of building land, premises retail, housing for workers, the Immigration Department, Etisalat office (the largest telecommunications company in the UAE), security guard territory.

Licences types:
General trading license
Trading license
Industrial license
The license for the provision of services
National industrial license

Types of companies:
Existing branch of a foreign company
FZE (Free Zone Establishment) - a company with one shareholder
FZCO (Free Zone Company) - the shareholders are from two to five.

Key benefits to set up JAFZA company:
100% foreign ownership of the company: local sponsors are not required
No corporate tax for a period of 50 years
No restrictions on the transfer of capital and revenue
No tax on imports and re-exports
No income tax
The absence of exchange controls
No restrictions on hiring foreign employees.

Registration process:
Business registration takes an average of three to five weeks to get the required license, registered capital of 1 million dirhams (just over 272, 000 USD).
All companies located in the Jebel Ali Free Zone are required to conduct an annual audit.


Read 1526 times Last modified on Saturday, 02 March 2013 21:50
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Faic Dubai, Unit № 605-4, BB1 Tower, Level 6 - Mazaya Business Avenue, Diamond Business Center DMCC ("DBC"), Jumeirah Lakes Towers, Dubai, UAE

Mail: info@faicdubai.com