Jebel Ali Free Zone
The Jebel Ali Free Zone is one of the earliest projects of the Government of the Dubai Emirate, aimed at attracting of foreign investment assets to the national economy. This economic zone was established in the beginning of 1985, and has become one of the largest investment areas in Dubai, UAE over the past decades. Thousands of international companies, among which there are the hundreds of largest international companies and holdings, carry out their economical activity on the vast territory of more than 40 square kilometers.
The main advantage of the JAFZA economic zone is the direct access to the international transport hubs; in particular, the shipping port of Jebel Ali is located right on the territory of the Free Zone. As to the air transport hubs, the Al Maktoum International Airport is located in the immediate vicinity of the economic zone. Besides, the World Central, which is in the immediate proximity, has already started its operating.
Government patronage as the keystone to success
The government of the Dubai Emirate is interested in long-term partnerships and large investment projects. Such cooperation is mutually beneficial and suggests for international business a number of competitive advantages and opportunities. The UAE Government, represented by the regulatory body, in its turn, provides the necessary business infrastructure and related services. Today, the JAFZA economic zone reaches the leading positions in quality and perspectives of the acknowledged player in the international transport logistics.
Taking into account the interest of the ruling elite in the development of this project, it can be said that the international business, which is registered in the JAFZA jurisdiction, has great prospects for years to come.
State business licenses
The licensing of activity of international companies on the territory of the economic zone is executed by the controlling government authority. The business license is valid only on the territory of the economic zone of the UAE and is renewed annually. The following types of state licenses are available on the territory of the JAFZA Free Zone:
- Business license for trade;
- Industrial business license;
- Business license for provision of the professional services.
- Production license
Accordingly, the norms of the current corporate law provide the following legal forms of international companies:
- FZE: companies which are registered on the territory of the Free Zone and have one founder;
- FZCO: companies which are registered on the territory of the Free zone and have up to five founders;
- Offshore companies: this free zone is the only one in Dubai, which allows to register this type of companies. Moreover, these companies, unlike the offshore companies in Ras Al Khaimah, have the right to purchase the real estate in Dubai.
The activity of the international companies, which are registered in the Jebel Ali jurisdiction, UAE, is carried out under the following conditions:
- There is no requirements for the involvement of the local sponsor, the registered company can be owned for 100% by a foreign citizen;
- The companies distribute their financial assets and earned revenues independently and without restrictions;
- The international companies are exempted from import and export duties;
- The international companies are exempted from all types of corporate taxation;
- There is the possibility to involve the foreign manpower reserves, with registration of the appropriate visas and labor cards;
- No restrictions on the repatriation of investment assets and the country currency exchange regulation.
The procedure of registration / incorporation of the foreign company can take several weeks. The formation of the share capital of the company, which is rather high for most companies in this FTZ, is a mandatory condition for obtaining a business license.
Services for investors and businessmen
The improved infrastructure of the JAFZA economic zone, UAE, simplifies and optimizes almost all the business processes to the maximum. All the clients and investors can count on a wide range of specialized products which provide the ideal operating conditions for your business. Additionally, the entrepreneurs can use the expert consulting service. The customers are offered an effective investment tools for the development of the existing business and creating new business solutions.
Land lots for construction
The land lots under the long-term lease are available for clients of the economic zone. It should be noted that the land lots are equipped with the necessary engineering and communication infrastructure, and are guarded round the clock.
The exhibition space and halls
The equipped exhibition halls for organization of the promotional events and activities for promotion of your products are available. The storage facilities and office premises, equipped with the modern means of communication, fire alarm, ventilating and air-conditioning systems are available in the complex of the exhibition halls. The office premises and exhibition halls have the direct access to the main transport arteries of the Emirate of UAE. The service includes cleaning of the premises, round-the-clock guarding and parking.
Storage facilities and the appropriate infrastructure
The partners of the project are offered the vast storage facilities, including refrigerating chambers for storing the fresh goods and products. There are equipped offices attached to the storage facilities, which are also available for leasers. The warehouses are equipped with the necessary transport and loading equipment to facilitate the manual labor and to increase its productivity.
Office premises and business park
The office premises, grouped in the convenient clusters, which provide the free access for staff and clients, are available on the lease. You can rent the already furnished premises, or to furnish the office of your company on your own taste. The offices are distinguished by modern adapted planning and urban design.
The conference halls, which are equipped with the latest means of communications, are available on rental bases for organizing the various events, business meetings, international forums and negotiations in the UAE. The round the clock support service and the secretariat are functioning for the convenience of clients. There are vast parking areas, and the territory is guarded round the clock.
Retail space for business
The companies, which have the government license for carrying out a wholesale or retail trade, are offered a wide range of retail space and shops located on the territory of the Free Zone. All the trading platforms are equipped with the appropriate urban and social infrastructure and are located near the popular tourist objects.
If you still have questions or you become interested in the possibility of registering a company in the JAFZA Free Trade Zone jurisdiction, contact our staff and get a free consultation.