Company Formation In Jebel Ali Freezone
Inaugurated in 1980, JAFZA has become on one of the world’s largest free zones, and has historically been the leading international business hub of the Middle East for global trade and industrial investors. JAFZA offers world-class container port terminal, infrastructure supported, with quality value-added services and thriving business environment.
Today’s Jebel Ali Free Zone is a 135 sq.km commercial and industrial hub, which is home to 6,400 companies from over 120 countries, including over 125 of the Fortune Global 500 enterprises, from across the world.
Being one of the flagship developments of The Government of Dubai, it provides ideal industrial, warehousing and distribution base in the Middle East. Facilities include office units, warehouses, light industrial units and land on long term lease. These land sites are suitable for a variety of purpose-built facilities. Other value added products include business centers, hotels for visitors.
Key benefits of being located in JAFZA
- 100% foreign ownership and/ (or) business ownership allowed
- 100% repatriation of capital and profits
- No personal income tax
- No corporate tax
- Abundant energy
- No exchange controls
- Excellent administration services, ensuring all your requirement
- State of the art port facilities and services
- Company can hold an account in a UAE bank for the purposes of conducting routine operational transactions
- Strong reputation in comparison to most other free zone options in UAE
- Unique staff accommodation and community housing
- On-site chamber of commerce, international banks, insurance companies, consultancies, etc.
- Mortgage of company-owned facilities (excluding leased land)
- Pre-built offices, water house/factories and land availability
We provide advice on the most appropriate ownership structure, choice of license and business activity and assist with preparation of the all necessary documents for the company formation.
The advantages of company formation in Jebel Ali Free Zone
A company formation in Jebel Ali Free Zone is beneficial. This is known as JAFZA and it is an economic free zone in the Jebel Ali area located near Abu Dhabi, at Dubai far western end, in the UAE (United Arab Emirates).
What is JAFZA?
JAFZA started in 1985 its operations with standard office units and facilitated with ready-built warehouses. It was established in 1985 as the Dubai based flagship operation and also as the ‘Economic Zones World’ state-owned. JAFZA covers an area of 48 sq.km and is the most service-driven area in the world that is also a customer-centric free zone. It provides an environment to its customers as it is conducive to growth.
The JAFZA, JabelAli Freezone company formation, the biggest advantage is its strategic geographical location. It is next to Jebel Ali Port, the Middle East man-made largest port in the world and also one of the largest container ports that received 150 shipping lines, while it offers more than 90 services every week.
Jebel Ali Free Zone is at a distance of 30-minute from the Dubai International Airport. It is well-connected to the road network and is merely at 35km southwest of Dubai city. All these best features of Jabel Ali’sFreezone make it an amazing choice for different business types.
JAFZA has established itself as a renowned industrial and commercial hub, attracting investors from globally from America, the Middle East region, the Indian Sub-continent, Europe, Africa, and other nations due to its distinct value-added propositions.
Benefits of setting up in JAFZA
There are no restrictions and JAFZA permits to operate its clients as an entity. The liability of a shareholder is restricted to the paid-up share capital and income tax to 0%, and corporate tax concession for 50 years.
There are no restrictions on currency and flexibility to transfer capital. The import and re-export custom duties are less and there is no ban or checks on hiring foreign employees.
A company in JAFZA can enjoy plenty of energy as the place is cost-effective and helps to conduct production operations. There are convention centers, warehouses, ready-made factories, support services, excellent infrastructure, pre-fitted offices, and on-site residential complexes.
A corporate entity or an individual is allowed to set up in Jebel Ali Free Zone a company with one shareholder or with 2 to 5 shareholders if it is a foreign company branch. The benefits of Freezone are plenty that it cannot be ignored.