BUSINESS SETUP IN JAFZA FREE ZONE

Jebel Ali Free Zone (JAFZA) is DP World’s flagship free zone and the largest customs bonded zone in the Middle East. From 19 companies in 1985, we grew to 500+ businesses in 1995 and, today, over 8,700, including 100+ Fortune Global 500 companies. We enjoy a central location in an unrivalled ecosystem that has allowed us to grow over the last three to four decades, just as our proximity to Jebel Ali Port, Al Maktoum International Airport, and Expo 2020 Dubai has helped us become an ideal hub for global trade and a well-integrated business setup solution provider.

Having all of the necessary resources opens up a world of opportunity with logistics providers. This helps us cut down your expenses and multiply your profit through an accessible supply chain that meets your expectations and addresses your business challenges. We are a key trade catalyst that offers unprecedented growth opportunities, innovative solutions, and market access to businesses operating locally and globally.

Today, JAFZA proudly stands as a dynamic base for thousands of businesses from 130+ countries, providing 130,000+ jobs and attracting 23.9% of Dubai’s foreign direct investments.

BUSINESS FACILITIES PROVIDED BY JAFZA

Operating Locations

Warehouses, factories, light industrial sites, offices, employees, retail facilities, commercial areas, showrooms, visitor hotels, long-term land lease, and conference centers are among the services it offers.

Trading Locations

It provides a location similar to a retail shop for properly keeping items and bringing all dealers together under one roof.

Selling Locations

A free zone gate permit allows traders and brokers to enter the Jebel Ali free zone to pick or distribute shiploads utilizing Dubai commerce.

BENEFITS OF SETTING UP BUSINESS IN JAFZA

All of these foreign companies have come to Dubai because of the wide range of facilities available in the Free Zone, including pre-built modern warehouses, office spaces of various sizes to accommodate a wide range of businesses, and large plots of land reserved for companies wishing to establish their headquarters or manufacturing operations in Dubai.

Apart from being tax-free, there are a number of other advantages to establishing a business in the Jebel Ali Free Zone.

Owners of businesses can get entire ownership of their businesses.
Starting a business is a simple and straightforward procedure (business operations can be started within 10 days)
Multiple visas are acceptable even if a physical office is not present.
Profits and capital are fully funded.
There is no minimum capital requirement.
There are no personal or corporate taxes.
There are no currency restrictions.
It’s simple to sponsor the dependents.
For trade, a large selling point is accessible.
There will be no customs duty interference.
Modern and simple transportation infrastructure connects people and places all over the world.
It’s worth noting that the Jebel Ali Free Zone generates a significant portion of Dubai’s total GDP, which is a sign of the region’s development. As a result, if you’re looking for a place to start a business in Dubai, the Jebel Ali Free Zone may be the best option.

TYPES OF COMPANY

1.Free Zone Establishment (Single Shareholder)

2.Free Zone Company (Multiple Shareholder)

3.Public Listed Company (Public Offering)

4.Branch of a Company

TYPES OF LICENSES IN JAFZA

1.Trading license:

People looking to import and Export goods or any products, can acquire this license, as this license caters wider and broader range of activities. Trading License is one of the empowered license in JAFZA as it provides multiple opportunities for the business owner / entrepreneurs to grow in this sector.

The cost of Trading License is determined on the number of businesses activites added to the license:

1.Type 1: Max. 7 activities per group

2.Type 2: Max. 12 activities starting from this group

3.Type 3: Unlimited activities starting from this group

2. Service License:

This license is meant to carry out all the legal activities as well as professional activities in JAFZA. Any individual or firms engaged in logistic services like warehousing, storage, cargo or distribution etc. could also go for this license.

The cost of Trading License is determined on the number of businesses activites added to the license:

1.Type 1: Max. 7 activites per group

2.Type 2: Max. 12 activities starting from this group

3. E-commerce License:

E-commerce is a business booming all around the world, especially after this current situation. People looking to initiate an e-commerce business for buying and selling of goods, then JAFZA is one of the best places to start with as it provides the E-commerce license to carry out this business effectively.

Issuing this License requires approval from TDRA (Telecommunication & Digital Regulatory Authority) of UAE.

4. National Industrial license:

This license can be procured by only those people who has their company’s 51% of ownership acquired by UAE government. This license is designed in the way, wherein the holder shares the same status as local inside UAE.

5. Innovation License:

This country has always allowed the innovative idea to grow and enable the country to grow and have the uniqueness. JAFZA offers innovation license for the entities that build innovation-based models.