Company Formation in JAFZA- Jebel Ali Free Zone
Jebel Ali Free Zone is today one of the strongest brands in the region and stands for excellence, innovation and the power of partnership. It is the first free zone in the world to win ISO certification in 1996.
Built around the Jebel Ali Port, world’s largest man-made harbor, Jebel Ali Free Zone is the region’s pioneering business initiative. JAFZA started its operation in 1985 and has been an effective magnet for inward investor ever since.
As the leading business hub of the Middle East, JAFZA focuses on long term customer relationships. It fosters alliances with global investors by providing them world class infrastructure supported with quality driven value added service and incentives, enabling them to capitalize on huge business opportunities in the region, in the most efficient way. JAFZA aspires to be the international business hub of the Middle East. Jebel Ali Free Zone has successfully been attracting “crème de la crème” in all business sectors from all over the world by sheer force of its unique value added propositions.
Key Benefits of Company Formation in Jebel Ali Free Zone (JAFZA):
- 100% foreign ownership,
- 100% repatriation of capital,
- 100% exemption from personal income tax, corporate tax, service tax, import and export tax,
- No currency restrictions, facilities to mortgage construction on leased land
- Strategic location
- Onsite custom
- One of the top 10 free zones in the world
Characteristics of JAFZA Company Setup:
Location:
Jebel Ali Free Zone (JAFZA), Dubai, (U.A.E.)
Proposed activity:
Trading/Service/Manufacturing/Logistics activities can be carried out in JAFZA
License available:
Commercial trading/General trading, Service, Logistics and Industrial license are available options for JAFZA Company Setup
Type of entities :
FZE (Single Shareholder), FZCO (single or multi shareholders with limited liability) and Branch
Shareholder:
Shareholder for JAFZA Company Can be Individuals or Corporate entity (maximum 50)
Director:
Individuals only (Minimum one. Shareholder can also be Director)
Share capital:
AED 100,000/- (100 share of AED 1,000/- each) for JAFZA Company Setup & AED Nil/- in case of Branch office. (Required to be deposited in bank before or after company incorporation)
Do note that shares are deemed to be issued on company incorporation irrespective of whether share capital is deposited in bank pre or post incorporation.
Audit:
Annual audit report to be filed in JAFZA (licensing authority)
Estimated time:
3 to 4 weeks to obtain license of the company and register a company in JAFZA
Another 7-10 working days for immigration card subject to security clearance & thereafter visa may take approximately 7-10 working days on normal basis.
JAFZA Company Setup Process:
- Identify the legal form of company to be registered in Jebel Ali Free Zone
- Select activity from JAFZA activity list,
- Apply for name and initial approval,
- Payment of fees related to JAFZA business set up,
- Sign JAFZA company registration and incorporation documents,
- Apply for JAFZA residence visa.
Documents Required for JAFZA Company Registration:
The documents required for business set up in JAFZA depends on whether a shareholder is individual or corporate entity. Basic requirements are
- Color passport copy,
- Color UAE residence visa & emirates id copy,
- Utility bill copy,
- CV/Resume,
- NOC from existing sponsor,
- Project Summary
To know more about the complete requirements for company formation in JAFZA call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com
JAFZA Offshore Company Formation Cost – Jebel Ali Free Zone:
JAFZA Company Setup begins from AED 43,775/-.
Call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com to know about special promotions/offers related to business setup in JAFZA.
Other Notes for Jebel Ali Free Zone (JAFZA) Company Formation:
- Document to be legalized with UAE Embassy in case of corporate shareholder
- Shareholder or directors wishing to have UAE residency visa on said company will need to revisit after issuance of license, immigration card and entry permit for stamping of visa on the passport and may need to stay in UAE for 5 to 7 working days as that process may take time.
- Company Immigration/Establishment card to be renewed every year
- Investors to have family status UAE visa should have share capital of AED 75,000/- and in order to be eligible for Owner/Investor/Partner visa should have share capital of AED 60,000/-
Global Business Services DMCC has helped many individuals and corporate entities to set up their businesses in JAFZA. Our company acts as a one stop solution for JAFZA company incorporation services.
If you are looking for JAFZA company setup, please get in touch with us for professional assistance
Call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com to know about special promotions/offers related to business setup in JAFZA.
Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal, tax or other professional advice. We do not accept any responsibility, legal or otherwise, for any errors or omissions.
GBSOur Office
Organically grow the holistic world view of disruptive innovation via empowerment.
+971 4 4471803
OUR LOCATIONWhere to find us?
For company formation and company incorporation services please contact us at our mailing address:
Office No.12A-06,
13th floor HDS Tower,
Plot No. F2,
Jumeirah Lakes Towers,
Post Box 309074,
Dubai (U.A.E)
GBSOur Office
Organically grow the holistic world view of disruptive innovation via empowerment.
+971 4 4471803
OUR LOCATIONWhere to find us?
For company formation and company incorporation services please contact us at our mailing address:
Office No.12A-06,
13th floor HDS Tower,
Plot No. F2,
Jumeirah Lakes Towers,
Post Box 309074,
Dubai (U.A.E)
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