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Dubai Companies set to resume Business Operations with the Announcement of JAFZA Incentives

Business Setup in Dubai According to a Recent JAFZA Announcement

Dubai Companies set to resume Business Operations with the Announcement of JAFZA Incentives

  

Economic activities in Dubai and throughout the UAE appear to be returning to near normal levels. As one of the UAE’s largest trading hubs, JAFZA (the Jebel Ali Free Zone) announced the introduction of numerous incentives to support consumers and promote new Dubai company formation and JAFZA company formation. As a result, many companies will be able to resume their operations and have renewed confidence in this significantly different post-pandemic economic landscape.

According to a recent JAFZA announcement, the easing up of COVID-19 related restrictions in the UAE will enable current and new customers to short-term lease warehouse space without having to pay for custom duties or VAT. Warehouses ranging from 300 to 15,000 sqm., including FREE electricity and water, will be available. JAFZA also introduced more flexible terms such as monthly rental payments for new tenants and offered current tenants deferred payments when leasing warehouse space.


  

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