Business setup in UAE free zones is a lucrative business proposition. Now, there are many lucrative free zones in UAE and one of the leading names is Jebel Ali Free Zone. Company formation in Jebel Ali Free Zone has been rising steadily for more than two decades now. It’s giving a great boost to the economy of the UAE as it invites more and more investors to setup company in Jebel Ali Free Zone.
Let us take a look at some of the things that you should know about the JAFZA company formation.
Advantages of Forming a Company in the Jebel Ali Free Zone
There are a number of advantages of the Jebel Ali Free Zone. Here are some of the biggest advantages of opening a company in the Jebel Ali Free Zone
100% foreign ownership
If you are a foreigner you are looking to form a company in UAE then you have to find a local sponsor who will own 51% of the shares of the business as that is the law. On the other hand, however, the option of JAFZA company formation would allow you to have 100% ownership of your own business and a local sponsor is not needed.
Location
Companies in JAFZA Dubai are easily accessible via road as Jebel Ali Free Zone is located on both sides of Sheikh Zayed Road. The free zone is also accessible via Danube and UAE Exchange metro stations. The JAFZA Traders’ Market is near to Sheikh Mohammed bin Zayed Road and also close to Expo 2020 site.
Here at Arab Business Consultant, we have a team of business setup experts who can guide you to choose the best options among the various free zones basis your requirements.
Business Activities in Jebel Ali Free Zone
There are a lot of business activities that are allowed in the Jebel Ali free zone. This is why choosing for Jebel Ali free zone company formation will open doors to new opportunities and diverse market. You are allowed company registration as long as they are not illegal and hazardous. The following is a list of the activities:
Trading
- Agricultural, flowers and plants
- Aircraft and train trading
- Amusement equipment and supplies trading
- Bags, packaging material and paper trading
- Building materials trading
Service
- Advertising
- Transport, shipping and storage
- Equipment, engines, machinery and repairs
- Light aircraft maintenance
- Motor vehicle repairs
Industrial
- Blocks and building stones
- Cotton, metal nets and rope manufacturing
- Equipment, engines and machinery
- Food
- Garments, rugs, textiles, and products manufacturing
Why Arab Business Consultant?
Arab Business Consultant is always completely transparent when providing our clients with the details related to setting up business in UAE. A large part of this is simply ensuring we offer the flexibility to provide you with the exact package that suits your need, it can be Trade license (single owner), trade license with two or more than 2 shareholders, visas for employees or dependants. We will help you to select the option precisely you need so that you pay for what you get.
Our Services
Tax Exemption
Even if the value-added tax (VAT) on some goods and services needs to be paid, companies in Jebel Ali Free Zone as corporate and income taxes are still not required by the government to be paid.
There are a lot of other advantages of forming a company in the Jebel Ali Free Zone. Some of the biggest advantages are given below:
- No restriction on capital repatriation
- 0% import or re-export duties
- No currency restrictions
- Onsite customs
- No restriction on foreign talent or employees
- Ability to mortgage your premises to a bank or financing company
Packages - Jebel Ali Free Zone
Pricing
| SERVICE STANDARD LICENSE | GENERAL TRADING | |
|---|---|---|
| License Fee |
7,500
|
15,000
|
| lease of Executive Desk / Saif Plus (annual Rate) |
7,700
|
7,700
|
| Insurance, Maintenance fee, Signboard & Internet Listing etc |
3,450
|
3,450
|
| Govt. Innovation fee |
10
|
10
|
| Total |
18,660
|
26,160
|
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NOTE:
- Type 1 activities include Service and Commercial Trading activities while Type 2 includes General Trading and Industrial activities.
- 2 Limit of 5 Additional Classes per group of same types
- 30 Calendar Days Validity
- Not inclusive of Medical and Emirates ID fees where applicable
Documents required
- Business Setup Form
- Authorized Signatory Form
- Terms and Conditions
- Shareholder(s) / Manager(s) / Directors(s) Documents
Documents for individuals as Shareholder(s) / Manager(s) / Director(s):
- Colored and clear full page of Passport Copy
- Colored and clear full page Entry Stamp page copy / Residence
- Visa page copy (if applicable)
- 2 Passport size photos (for immigration card application)
Documents for companies as Shareholder(s) / Manager(s) / Director(s)
- Certificate of Formation
- Certificate of Incumbency / Good Standing (if applicable)
- Memorandum of Association copy
- Board Resolution Copy
- Documents for the Authorized Person(s)
- Passport Copy
- Colored and clear full page Entry Stamp page copy / Residence Visa page copy (if applicable)
- 2 Passport size Photographs
Documents Specifications
Passport Copy
- Colored and clear full page passport copy
- Passport should be valid for a minimum of 7 months
- Amendment / Modification page should be included (if applicable)
- Additional remarks for below nationalities
- India – First and last page copy
- Pakistan – First and second page copy
- Sri Lanka – First and fourth page copy
- USA – Special comment page copy
- Nepal – First and last page copy
Photographs
- White background
- Teeth should not be visible
- Light colored shirts are not allowed
- Jewelry and eyeglasses are not allowed
- Handwritten marks are not allowed on the photos
Quick Enquiry
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Contact Us:
Office: +971 42222652
Mobile: +971 568006700
Email: info@arabbusinessconsultant.com
Address: Office PO Box 93745 – Dubai, UAE