JAFZA - Freezone
JAFZA – Jebel Ali Free Zone Authority
Jebel Ali Free Zone (Jafza) is DP World’s flagship free zone and leading business hub of the Middle East. The largest free zone provides a dynamic base for several well-reputed businesses in the region. Back in 1985, Jafza started off with 19 companies and today it is home to more than 8,000 world’s finest companies from 140 countries, including Fortune-500 firms. JAFZA is a customer-driven organization and a one-stop shop for company formation as well as business licensing. Since it serves as the most efficient logistic hub of the region, it has become the number choice of international investors.
The Process
To set up a company in this customer-centric free zone you must have a share capital that is sufficient for the activities for which it is licensed. Jafza provides a number of services at every step to make the company set up easy. Jafza offers 5 formation types depending on the number of shareholders and the nature of business activity. Depending on the type of company you want you will select your formation type and the license you want to obtain. You will have to submit all documentation and make necessary payment to set up a company. A lease agreement will be required to show as proof of your premises. The entire process can take from 3 to 14 days.
Advantages
- Seamless visa processing
- Free zone business license
- Offers a competitive location
- 100% foreign Ownership
- 0% Corporate tax for 50 years with renewable concession
- No personal income tax
- Ready-made modern warehouses and factories
- Office spaces in various sizes are available for lease
- Land for constructing purpose-built facilities is available
- No currency restrictions
- Unlimited possibilities for industrial development
- Strategic location, excellent logistics and easy access to global markets
- Access to a consumer market of 1.4 billion people
