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HOW TO REGISTER A COMPANY OR SET UP A BUSINESS IN JAFZA FREE ZONE?

IMC makes registering your business or JAFZA company formation a cake-walk

Are you wondering how IMC can help you to set up a business or register a company in JAFZA, which is a free zone in Dubai? IMC has the required expertise in JAFZA company formation and establishing a new business set up in the new free zone of Dubai called JAFZA. We have a team of highly-qualified and experienced professionals who not only possess in-depth knowledge but also practical experience in gauging the specific needs of a client and then plan the work accordingly. IMC carries a rich experience of over 10 years of having served varied client base delivering end-to-end solutions and impeccable service while ensuring zero-defect quality.

The new DIFC companies regime is in effect now

What’s the Jebel Ali Free Zone?

Jebel Ali Free Zone or better known as JAFZA is Dubai’s first free trade zone that was established in the UAE in the year 1985. It not only focuses on a long-term relationship with its customers, it also encourages collaborations with various investors from all across the world by giving them best-in-class infrastructure, value-added services and also additional incentives. So, what are the advantages that JAFZA gives? It opens an array of business opportunities in Dubai from a prospective market of more than two billion people residing in the greater Middle East zone.

How does its strategic location help in JAFZA company formation?

JAFZA is a free economic zone situated in the Jebel Ali area in Dubai, UAE, quite close to Abu Dhabi. Its location is quite strategic because most of the important areas in the region are within a reach of 24 hours. World-class logistics infrastructure and good connectivity by sea, land, air, and rail makes it an ideal location and is one of its biggest strengths.

In addition, JAFZA is situated very close to the 8th busiest cargo airport of the world, that is, Dubai International Airport, which can easily manage 2.7 million metric tons. There’s also a single, customs-bonded corridor, which is like a bridge between the Jebel Ali Port and the Al Maktoum Airport and smoothens the process of air cargo. Another the new Union Railway or the Etihad Rail is getting designed to link the UAE to Oman in the East and Saudi Arabia in the West.

What are the products and Activities which are allowed for JAFZA company formation?

The products available at JAFZA help you to find the apt solution for your requirements, be it a land, some office or showroom space, warehouse, a customized development solution, retail outlet, on-site residences or a complete business park. Every solution at JAFZA is tailor-made keeping in mind the specific needs of a company – be it manufacturing or trading.

Which are the licenses available?

Which are the licenses available?

  • Trading License: Permits the possessor to import, export, store or sell products specified under the license. The General Trading License gives access to a much vast range of activities and items.
  • Service License: Permits the possessor to provide services specified under the license but within the Free Zone. A Logistics License permits the companies to work in the logistics sector like cargo, storage, warehousing, packing, trans-shipment and also distribution.
  • Industrial License: Permits the possessor to import raw materials, manufacture any specified products and finally export the end product. The National Industrial License, which is issued for companies that are into manufacturing and have at least 51% Arabian Gulf Co-operation Council (AGCC) ownership. This type of license permits the possessor the status which a local or AGCC inside the UAE would enjoy.

The types of companies that can be registered:

Various options that are available to the clients are as follows:

  • Free Zone Company (FZCo), which can be registered if there are two to five shareholders
  • Free Zone Establishment (FZE), if there is a single shareholder
  • Branch option available for existing companies who want to set up their base in JAFZA

Unique Advantages:

  • 100% or complete foreign ownership
  • No corporate tax at all for a long period of 50 years (which is a concession that is renewable)
  • No import or re-export duties
  • No restriction at all on capital repatriation
  • No personal income tax
  • Zero currency restrictions
  • No limitation or restriction on global talent or employees
  • A world-class infrastructure, support systems, and communications
  • Permission to mortgage your property to a bank or financing corporation
  • Availability if onsite customs
  • The liability of any shareholder is only limited to the amount of the paid-up share capital
  • Availability of ready warehouses and factories

Need help to set up your business?

We at IMC, understand that company formation in Dubai or any new location could be a tough task. One not only needs to know the local options available, but a knowledge of all processes is also a must. What if you get a hassle-free assistance or service where someone takes all the burden off your shoulders and takes care of your business set up in Dubai free zone?

Its prime location, huge advantages, and offerings make JAFZA one of the ideal choices for you to set up a business. Have queries? Get in touch with us at bc@intuitconsultancy.com and our team of professionals will be happy to assist you with your JAFZA company formation.