Jebel Ali free zone (JAFZA) is among the oldest locations for business setup in the UAE. JAFZA is named the flagship free zone of Dubai Ports (DP) World. Hence, it plays an integral role in the DP World UAE region’s integrated business hub.
Furthermore, the free zone is located near the world’s 7th largest container port named Jebel Ali Port and adjacent to prime cargo airports. Hence, Jebel Ali free zone is a hub for shipping companies and trading sectors including export and import ventures. It is also the largest free zone in the UAE.
The free zone was established in 1985 by the Dubai Government. Since then, the Jebel Ali free zone has been aiding in improving the economy of Dubai. This is because of its unique positioning and progressive work procedures. Furthermore, the ISO-certified jurisdiction allows diversification of business modules. Not long after, JAFZA company registration gathered demand and popularity.
Jebel Ali free zone provides easy procedures for free zone company registration in Dubai. Jebel Ali free zone company setup can be done under three structures:
The region that started with only 19 companies has grown within just a few decades and currently houses over 7,000 companies. One of the major advantages of JAFZA company formation is the governmental and jurisdictional benefits that the region offers.
If you are intending to start with the process of business setup in Jebel Ali free zone, the region has a lot to offer. The various benefits include:
JAFZA offers various facilities for company formation in the free zone, these include:
JAFZA permits various activities to be conducted in the free zone. These are:
Jebel Ali free zone trade license cost is affordable and starts from approximately AED 5,000. The various types of licenses issued by JAFZA include:
In order to acquire a license, you will be required to have a physical space when setting up company in Jebel Ali free zone. These could be either flexi desks or full office spaces.
Additionally, JAFZA also offers other licenses depending upon the nature of your company, including:
The renewal process of businesses in JAFZA is a highly cost-effective and simple process. You will be required to submit an audit report starting from the second renewal of your company on an annual basis.
In order to complete the process of renewal for your company, you will need to pay the renewal fee and submit the signed lease agreement for your facility. To add on, an advantage is that your physical presence in the UAE isn’t required for renewal and can be completed through an agent.
Similar to renewal, company liquidation also does not need the physical presence of the owner and can be completed through an agent. There is a requirement for you to pay the government fee to complete the process of liquidation.
Company liquidation takes about 1 month to be completed and involves the following steps:
To find out more about various business setups in JAFZA, contact Shuraa – one of the best business setup companies in Dubai. Shuraa helps solve your business-related queries and offers you solutions best suited to your company formation in the UAE.
Yes, you can renew your license remotely using a registered agent with just an authorization letter and renewal fees.
It takes less than a week to get your license to start your business in the JAFZA.
No, you have 100 % ownership and do not require to have a local partner to start your company.
It is not possible to transfer your company from one free zone to another. You can, however, set up a branch of your existing company in a different free zone.
If you want to have your company in a different free zone, you will be required to liquidate your company in the current free zone and then open your company in a different free zone.
Jebel Ali Free zone Authority is the regulatory body that authorizes the registration of companies in the free zone. JAFZA provides easy procedures for the free zone company registration.
Here are the key steps to set up a business in a Jebel Ali Free Zone.
Listed below are the company formation structures in JAFZA:
1. Company with Multiple Shareholders
The number of stockholders in such a firm might range from 2 to 50. In addition, they can be individuals or businesses. Therefore, it’s effectively an LLC (Limited Liability Company) within the free zone.
2. Company with a Single Shareholder
A single person or corporate organization has the option of registering as a Free Zone Establishment (FZE) in JAFZA free zone. Moreover, the entity has a separate existence from its shareholder and is entitled to the same rights and advantages as a natural person.
3. Establishment of a Branch Company
A well-established legal entity has complete authority to incorporate a branch in Jebel Ali after securing a JAFZA trade license.
Get free UAE business setup consultation