JAFZA Freezone Company Formation Dubai

As one of the largest and fastest growing free zones, JAFZA aspires to be the international business hub of the Middle East. JAFZA has successfully been attracting “crème de la crème” in all business sectors from all over the world by sheer force of its unique value added offerings and propositions.

JAFZA is today one of the strongest brands in the region and stands for excellence, innovation and the power of partnership. It is the first free zone in the world to win ISO certification. Jebel Ali lies in the south of Dubai and is built around the world’s largest seaport.

Key features of Jebel Ali Free Zone offshore company formation

• 100% foreign ownership - vis-à-vis non free zone areas where majority local partnership is required.
• Zero percentage corporate tax for a period of 50 years, a concession that is renewable.
• Unrestricted repatriation of capital and profits
• 0% import or re-export duties
• 0% personal income tax
• No currency restrictions
• No restriction on hiring foreign employees
• The facility to mortgage owned premises on leased land. A company established in the Free Zone that has built its own facility may mortgage its premises to any bank.
• Access to abundant energy makes it cost-effective for clients to conduct production operations
• Availability of high class pre-built offices
• On-site chamber of commerce, international banks, insurance companies, consultancies, etc.

Licenses issued by JAFZA:

• General trading license: The holder can import, distribute and store all items as per JAFZA rules and regulations.
• Trading license: The holder can import, export, distribute and store items specified on the license.
• Industrial license: The holder can import raw materials, carry out the manufacture of specified products and export the finished product to any country.
• Service license: The holder can carry out the services 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.
• National industrial license It is designed for manufacturing companies with an ownership or a minimum 51% AGCC (Arabian Gulf Co-operation Council). The value added to the product in the Free Zone must amount to a minimum of 40%. This license allows the holder the same status as a local or AGCC owned companies inside the UAE.

JAFZA Allows More Activities under Single Trade License

JAFZA offers additional options to its clients on trade license classifications, allowing them to combine a number of activities under the same license.

A company in JAFZA can opt for a total of seven activities under a similar business activity group, up to 12 activities under two different business activity groups, or up to 17 activities under three different business activity groups.  It is the only durisdiction where entities can own property in the UAE.



Do you wish to incorporate a company in JAFZA? Do not hesitate to contact us.