Home Dubai Freezones Jebel Ali Free Zone Authority - JAFZA

 

Jebel Ali Free Zone Authority

 

Established in 1985, Jebel Ali Free Zone (JAFZA) is the flagship operation of Dubai based and state-owned ‘Economic Zones World’ (one of the world’s biggest developers of economic zones, logistics, and R&D-driven industrial parks) and offers light industrial units, land, offices, and warehouses on a long-term lease. Spread over 48 sq. km, JAFZA is one of the world’s most service-driven, customer-centric free zones. Free from red tape and restrictions, JAFZA provides its customers an environment which is most conducive to growth.

Its strategic geographical location is also one of the advantages of this free zone. JAFZA is located next to Jebel Ali Port, which is the world’s largest man-made port in the Middle East and the 6th largest container port, served by 150 shipping lines offering 90 weekly services. Also, Jebel Ali Free Zone is a 30-minute drive away from the Dubai International Airport, connecting it to over 200 global destinations.

Further, it well-connected through extensive road network and is just 35 km southwest of Dubai city, thus allowing it the fastest possible access to a market of over 2 billion people in the South and West Asia, the Commonwealth of Independent States (CIS) and Africa, making Jebel Ali Free Zone an excellent choice for all types of businesses.

Benefits of Setting Up a Business in JAFZA

  • - No restrictions on currency or minimum capital investment
  • - 100% foreign ownership: JAFZA allows its clients to operate as a wholly owned entity, without any need for local partnership. Moreover, the shareholder's liability is limited to the amount of its paid-up share capital
  • - 0% personal income tax
  • - 0% corporate tax for a period of 50 years, a concession that is renewable
  • - No currency restrictions and flexibility for companies to transfer any required capital
  • - 0% customs duties on import and/or re-export
  • - No restriction on hiring foreign employees
  • - A company established in JAFZA that has built its own facility has the convenience of mortgaging its own premises on the leased land to any bank or financing company for any of their debts or obligations
  • - Access to abundant energy makes this place cost-effective for clients to conduct production operations
  • - Presence of ready-made factories, warehouses, convention centers, on-site residential complexes, and pre-fitted offices
  • - Excellent infrastructure, support services, and communications

Types of Licenses Provided in JAFZA

1. Trading License

It allows the license holder to import raw materials, export, distribute, and store items specified in the license to any country.

2. Service License

It allows the license holder to carry out the services (like legal advisory, accountancy, and business consultancy) specified in the license within the free zone. The type of service must conform to the parent company’s license, issued by the Economic Department or Municipality of the relevant Emirate in the UAE.

3. Industrial License

It allows the license holder to import raw materials, manufacture, process, assemble, package and export the finished products to any country.

4. National Industrial License

It provides the license holder the same status as a local inside the UAE and requires manufacturing companies to have a minimum of 51% shareholding or ownership of the Arabian Gulf Co-operation Council.

Contact us to set up your business in Jebel Ali Free Zone, our team will be glad to assist you!

For more information and enquiries, please (Contact Us) at  00971558879700 or email us at info@sterlingheightsuae.com

   

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