Business Setup in JAFZA
JAFZA - Jebel Ali Free Zone Authority
JAFZA has achieved a great deal of fame and success since its inception in 1985. With over 7,000 companies from around 150 countries, it is now known as the world’s largest free zone. Above 100 of the Global Fortune 500 companies are also included. The reason for this success is that it encourages partnerships with global investors by providing them with world-class infrastructure backed up by quality-driven value-added services and incentives.
This enables them to take full advantage of vast business opportunities in the UAE and the region. In 1996, JAFZA became the world’s first free zone to receive ISO certification. Today, it is one of the most dependable and powerful brands in the region, representing excellence and innovation.
Benefits of JAZFA Company Formation
- 0% corporate tax (for 50 years), personal income tax and import/re-import duties
- Free from newly-implemented VAT (value added tax)
- Complete repatriation of profits and capital
- No currency restrictions
- Allowed to hire foreign employees
- Presence of fully furnished offices, business parks, warehouses, showrooms and traders market
Company Formation in JAFZA Free Zone
JAFZA provides multiple options for companies and individuals to set up their business. Following are main business entities that can be established in JAFZA
- Free Zone Company (FZC) can be established with 2 to 50 shareholders (individuals, companies or both)
- Public Listed Company (PLC) also with 2 to 50 shareholders (individuals, companies or both)
- Free Zone Establishment (FZE) can be established with a single shareholder (individual or company)
- Branch of an existing company It is 100% owned by its parent company. it will also follow the name and business activities of its parent company
Types of Licenses in JAFZA
1. Trading License
For trading activities including agriculture, jewelry, foodstuff and many others
2. Industrial License
For manufacturing activities including food, garments, leather products, petroleum etc..
3. Service License
For providing services like advertising, transport, consultancy etc.
4. E-commerce License
Using electronic network for buying and selling of goods and services
5. National Industrial License
For manufacturing activities with minimum 51 % ownership for citizens of AGCC countries
6. Innovation License
For growth of new products and services
7. Offshore Registration
For an offshore company establishment.
Documents Required for JAZFA Company Formation
The registration process necessitates the submission of several documents. These documents may vary depending on the type of business entity and license. The attestation of these documents is also required for the company formation process in JAFZA to be completed.
Frequently Asked Questions for JAFZA
We offer business formation services to all types of companies (and individuals) in JAFZA for all types of licenses. We offer ongoing assistance in dealing with any legal issues that arise during and after the completion of the company formation process. We are committed to assisting you throughout the registration and licensing process, from start to finish. After you hand over the job to us, you will not have to worry about anything or contact anyone else during the company formation process in JAFZA.
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MARKEF is a leading Accounting Firm offering wide range of services including Accounting and Bookkeeping, Audit and Assurance, VAT and Corporate Tax, Business Consulting, Management Consulting, and Business Setup Services in Dubai and across United Arab Emirates.
- Office No.1929, Tamani Art's Offices Tower, Business Bay, Dubai, United Arab Emirates
- +971 4 589 2828
- +971 50 105 4241
- E-mail : info@markef.com
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Mon - Sat : 8:00 - 18:00
Sunday Closed
