Jebel Ali Free Zone – JAFZA- One of the best free zone in UAE
JAFZA or Jebel Ali Freezone is one of the leading and oldest business hubs of the Middle East with more than 7500 companies. It gives direct access to a market of over 2 billion people. JAFZA contributes around 24% of the total FDI flow into Dubai, and ensures global connectivity for companies.
JAFZA is situated nearby Al Maktoum International Airport and Dubai International Airport so the connectivity will be high. As all freezones, JAFZA also allows companies to reduce the operation costs as it gives all facilities like storage and business spaces.
If you are planning to start shipping, logistics or trading companies in Dubai, JAFZA will be the best option for you. Let’s See Why
Business Setup in Jebel Ali Freezone
Facilities Available in JAFZA
· Office Space
· Business Park
· Retail Outlets
· Warehouses
· Plot of Lands
· Residence
Best Industries to start Business in JAFZA
- Logistics
- Food & Agriculture
- Retail & E-Commerce
- Petrochemicals
- Automotive & Spare Parts
- Electronics & Electrical
- FMCG
- Healthcare Distribution
Setting Up a Business in JAFZA
As you know, with no regulations on foreign ownership, JAFZA is an excellent option for international investors looking to set up a company in the region.
JAFZA offers five formation kinds, as well as a choice of license types and license activities, depending on the number of shareholders and the nature of the business, allowing businesses to connect directly to a market over 3.5 billion people.
- Trading
- Industrial
- Service
- Logistics
- General Trading
Out of these, Trading, Industrial and Service licenses have 2 types. They may differ according to the number of activities you can have under the license.
Type 1: Up to 7 Products from Same Group
Type 2: Up to 12 Products from Same Group
Note: Extra License to any activity will cost additional AED 500
License Cost in JAFZA
- 10,000 AED fee for the registration
- 5,500 AED license of type 1 (7 categories of products)
- 9,000 AED license of type 2 (12 categories of products)
Documents Required
- Application form
- Brief Project Summary (1 page is sufficient)
- Passport copy
- Company name options
- Business activities
Residence Visas
As any other Dubai free zone, Jebel Ali Free Zone makes your company eligible for resident visas. You will be entitled to 1 resident visa per every 10 sq meters of the office space you have got in JAFZA.
License Cancellation
- The owner must be present during the liquidation operation, alternatively it can be done by the Power of Attorney holder.
- You will be asked to return the original documents and pay the liquidation charge to the Freezone. The charge for canceling a license will be roughly 2,000 AED.
- It will take about a month for the company to close. Upon completion of the proceedings, the JAFZA company register will provide you a certificate of liquidation.
Although the cost of forming a company in Jebel Ali free zone appears to be higher than in other zones, JAFZA is a desirable location with a wide range of benefits.
Do you need help with company formation in JAFZA ,Reach Us at +971561643075.Our consultant will explain you all the information’s required before selecting and setting up Business in JAFZA.