Company Setup In Jebel Ali Free Zone (JAFZA)
In 1985 Jebel Ali Free Zone (JAFZA) was established with 19 companies operating underneath and today has become home to more than 9500 companies from 130+ countries. The significant growth of this sector lies behind the idea of making this zone such business-friendly that many more companies and investors get attracted to operate here while taking the benefits set by the governing authorities that include:
- 0% Corporate Tax
- No Currency Restrictions
- 100% Foreign Ownership
- No Restriction on Capital Repatriation
- 0% Import and Export Duties
- No personal Income Tax
Types of Companies You Can Setup In JAFZA
Four types of business structures can be registered with JAFZA. If your business objectives align with any of these, you can apply for the relevant license and commence your business operations here.
Free Zone Company (FZCO)
Best for entrepreneurs who want limited liability and flexibility in conducting various business activities with a minimum of two shareholders.
Free Zone Establishment (FZE)
Suitable for sole proprietorships as it provides 100% ownership and control over their business operations within JAFZA.
Branch of A Company
For those companies looking to expand their operations while maintaining control from the parent company.
Public Listed Company (PLC)
Is best for companies who wish to list their shares on a recognized stock exchange and want access to capital markets.
Looking To Start A Company in JAFZA?
Setting up a company in JAFZA is no sort of a big deal when there is an option of a business setup consultant like AIMS UAE. Whether it’s establishing a new company or expanding a company’s operation to dynamic markets, we have got you covered. AIMS UAE with its experienced professionals provides valuable assistance throughout the entire process of company formation. When you work with AIMS UAE you will benefit from our –
- Expertise in the region’s regulations, procedures, and requirements.
- Efficiency in handling paperwork, liaising with authorities, and ensuring regulatory compliance.
- Personalized solutions tailored for various types of businesses
- Established networks and relationships within JAFZA and relevant government authorities
- Ability to carry you out of errors or misunderstandings during the setup process to avoid penalties and fines.
- Ongoing Support to increase the efficiency of your business operations
Frequently Asked Question
Based on the license type, business structure, and operations, the requirement for documents may change. A business setup consultancy (AIMS UAE) will let you know about every requirement in the process. Generally, you might require:
- Completed JAFZA application form
- Application form of Environment, Health and Safety (EHS)
- A detailed Business Plan
- An Ultimate Beneficial Owner (UBO) Form
- NOC (If applicable)
- Completed KYC Form
- Photocopy of Passports for all shareholders
- Letter of Appointment
To set up your company in JAFZA, you must complete the registration process along with all the necessary documents by working with a business setup consultancy like AIMS UAE. This entails submitting the required forms, providing relevant identification and legal paperwork, and adhering to any specific regulations mandated by JAFZA authorities.
The steps involved in a company setup process are:
- Choosing a business activity
- Selecting a company type
- Applying for a trade name and initial approval
- Preparing and submitting necessary documents
- Leasing office or warehouse space
- Obtaining licenses
- Completing registration and paying relevant fees
Contact us now for a smooth business set-up procedure.
Fill in the contact form to schedule a free consultation. Our experts will get back to you in 24-48 hours, and we will ensure we understand your requirements.