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Jebel Ali Free Zone is a free economic zone located in the Jebel Ali area at the far western end of Dubai, United Arab Emirates, near Abu Dhabi.
The main free zone of DP World, Jebel Ali Free Zone (Jafza), is an essential component of the integrated commercial hub of DP World UAE. Jafza was established by Ruler’s Decree and began operations in 1985 with only 19 companies supplying customers ready-built facilities in the form of standard-size office units and warehouses.Jafza added light industrial units to its facilities in 1990.
Jebel Ali Free Zone (Jafza), the largest free zone in the world as of 2023, is home to over 9,500 businesses.
With no limitations on foreign ownership, Jafza is the ideal option for foreign investors wishing to launch their businesses in the area. Businesses located within these zones are governed independently by the free zone, which grants operating licenses and sets rules for all businesses operating within.
Jafza provides a wide range of services to meet the requirements and financial capabilities of any business striving to grow.
Jafza offers five formation kinds in addition to a range of licensing types and license activities, allowing businesses to directly access a market of more than 3.5 billion people, depending on the number of shareholders and the nature of the firm.
Benefits of Company Formation with Jafza
Jebel Ali Port, one of the biggest container ports in the world, and Al Maktoum International Airport are both close to Jafza, making it simple to access international markets. It is the perfect location for firms interested in import and export because it acts as a gateway for trade between the East and the West.
Because Jafza permits 100% foreign ownership, investors can fully control and own their businesses. This policy promotes the establishment of foreign companies in the area without the requirement of a local partner or sponsor.
One of the main benefits of establishing a business in Jafza is the tax advantages it provides. There is no personal income tax or customs duty for businesses working in the free zone, and there is no corporate tax for 50 years. This makes it possible for companies to increase their profits and reinvest them in their core business.
Jafza provides businesses with cutting-edge infrastructure and top-notch amenities. It offers up-to-date, technologically advanced, and utility-equipped logistical facilities, offices, warehouses, and industrial buildings. Additionally, the free zone provides a full range of commercial services, including administrative, legal, and banking support.
Forming a business in Jafza is simple and effective. The free zone offers a quick and easy company registration process, enabling enterprises to start operating right away. The supporting regulatory environment and business-friendly regulations facilitate a successful establishing process.
Frequently asked questions:
Depending on the kind of company formation, license, and business categories covered by the license, the expected time for the company set up to be finished is between 3 and 14 working days from the time the necessary documents are filed.
Additionally, a lease agreement must be in place when the business is first established.
Each license that Jafza issues has a one-year expiration date. After the first year following the date of issuance, a license must be renewed.
The Jebel Ali Free Zone Authority (Regulatory) must grant all permissions for companies operating in the Jebel Ali Free Zone.
Certain categories will require licenses from extra regulating organizations. For instance, additional licenses and certifications from relevant agencies inside the United Arab Emirates may be required if you wish to import or export any products relating to the food and agriculture industries.
Yes, a single company may submit several applications for business establishment in the free zone. Even though the stockholders may be the same person or firm, each incorporation would be considered as a separate company name. There is no restriction on the number of companies with comparable shareholders that may be incorporated inside Jafza.
Jafza is not able to move a company from Dubai’s main land area to a free zone. However, you have the option of dissolving the mainland firm and submitting an application for a new company creation and licensing at Jafza. After completing this stage, you can continue to provide employees, directors, and stockholders the requisite visas.
Another option is to establish a branch of a company in Jafza while keeping the parent company on the mainland.