About Jebel Ali Company Formation
Jebel Ali Free Zone, one of the world’s largest free zones, is home to thousands of firms, manufacturers, merchants, and exporters from all over the world. JAFZA generates around 24% of overall FDI flow into Dubai and enables worldwide connectivity for enterprises due to its closeness to Al Maktoum International Airport and Dubai International Airport. JAFZA also serves as a vital connection in the worldwide commerce network, connecting approximately 150 ports. With storage facilities, furnished commercial spaces, and industrial property, the free zone helps firms to lower the cost of their operations.
Benefits of Jabel Ali
Advantages of Jebel Ali Company Formation.
- 100% full ownership for foreign companies
- No currencies restriction
- Provide advanced warehouse facilities
- 0% corporate & personal income tax( upto50 years & renewable)
- No restriction on capital repatriation for the easy registration process
- 0% import or re-export duties
- No restriction on hiring foreign employees
- On-site customs
Jebel Ali Company Formation Process
Step1: Choose the Right Business Entity
JAFZA allows investors 4 types of company formation depending on the shareholders & branch types.
1.Free Zone Establishment(FZE): This type of company formation requires a single managing shareholder & acts as an individual or company.
2.Free Zone Company(FZCO): This type of company formation requires 2- 50 shareholders & act as an individual, company, or both.
3.Branch Of UAE Company: A company outside of JAFZA can open a branch office here with valid registration documents & licenses. The parent company can have 100% control over this branch & run the same business activity.
4.Branch Of Overseas Company: An offshore company can open its branch at JAFZA & run a business as an individual or a business entity under JAFZA Companies Regulations Act 2013
Step2: Select Trade Name
After deciding the legal entity, you need to finalize a trading name and maintain all the laws & regulations of the respective free zone. While choosing your company name you should keep in mind that, you may not choose any random name which is -
.Not related to any religious or political name
.If the business name refers to a person, he/she needs to be a partner of that business.
.Name that doesn’t hurt any public moral.
.Name that is legally relevant to the specific business activity.
Step3: Submit the Application Form with Related Documents
Initially, investors have to fill up an application form issued by the JAFZA authorities with some primary information & documents.
Step4: Apply For License
The next step is to obtain a trade license to manufacture, import, export, distribute & store all the items maintaining the laws of JAFZA
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Type of license
Trading License
Allows manufacture, import, export, distribution, sorting of all types of products.
Service license
Allows practicing or carrying out any service specified in the license.
The industrial license
Allows implementing industrial activity like manufacturing products or raw materials.
The commercial license
Allows trading any goods or services.
FAQ
Yes, Jebel Ali is in Southern Dubai.
Free Zone Company (FZCo) : AED 5,000 one time
Free Zone Establishment (FZE) : AED 5,000 one time
Branch of a Company : AED 5,000 one time
Every individual has to provide the following documents for JAFZA Company Formation:
- JAFZA application form
- Project plus shareholder(s) summary
- No Objection Certificate from the local sponsor, applicable to UAE resident only
- Environment Health and Safety (EHS) application form
- Passport/Emirates ID copy of manager, directors, and secretary
Testimonial
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