Jabel Ali Freezone
Overview of Jebel Ali Free Zone (JAFZA)
JAFZA serves as a vital trade and logistics center, attracting over 9,000 companies from 130 countries, including Fortune 500 firms. It offers an unparalleled business environment with benefits such as:
- Strategic location: Proximity to Jebel Ali Port and Al Maktoum International Airport facilitates seamless logistics.
- Tax advantages: 100% foreign ownership, corporate tax exemptions, and zero customs duties on imports and exports.
- Diverse industries: Home to a wide range of sectors, including manufacturing, trading, logistics, and services.
- World-class infrastructure: State-of-the-art facilities, including warehouses, office spaces, and industrial units.
Business Activities in JAFZA
JAFZA supports a diverse array of business activities, including:
- Trading: Import, export, and distribution of goods such as electronics, textiles, and machinery.
- Manufacturing and Industrial Activities: Assembly, production, and packaging of goods.
- Logistics and Supply Chain: Freight forwarding, warehousing, and supply chain management.
- Services: Consulting, IT services, and professional support.
- E-commerce: Online trading and digital marketplaces.
The free zone caters to businesses of all sizes, from startups to multinational corporations.
Types of Licenses in JAFZA
JAFZA offers several types of licenses to suit different business models and activities:
- Trading License: For import, export, distribution, and storage of goods.
- Service License: For companies offering consulting, IT, and other professional services.
- Industrial License: For businesses involved in manufacturing, production, or assembly.
- E-commerce License: For businesses operating online platforms or engaging in online trading.
- General Trading License: Allows trading in a wide range of products under a single license.
- National Industrial License: For manufacturing companies with at least 51% GCC ownership, offering additional incentives.
You can choose from the following legal structures when setting up your business:
- Free Zone Company (FZCO): A separate legal entity with 1-50 shareholders.
- Free Zone Establishment (FZE): A single-shareholder company.
- Branch Office: An extension of an existing company (local or international).
- Public Listed Company (PLC): For businesses aiming to go public.
Select your desired business activity and corresponding license type.
Determine the appropriate legal entity (FZCO, FZE, branch, etc.).
Choose a unique name that complies with JAFZA’s naming guidelines.
Provide the required documents, including:
- Passport copies of shareholders and directors.
- Passport size picture with white background of each shareholder
- Business plan (if applicable).
- Proof of address for shareholders.
Finalize the Memorandum of Association (MoA) and other required legal documents.
Pay the registration, licensing, and office leasing fees to finalize your setup.
Pay registration, licensing, and leasing fees.
Once approved, your business license will be issued, allowing you to commence operations.
Costs of Setting Up a Company in DMCC Free Zone
Initial Costs
- Registration Fee: AED 15,000 (varies based on the type of entity).
- License Fee: AED 10,000 to AED 30,000 annually, depending on the license type.
- Share Capital Requirement: No minimum capital required for most activities.
Office and Facility Costs
- Flexi-Desk: Starting at AED 15,000 per year.
- Office Space: Prices vary based on size and location, starting at AED 25,000 annually.
- Warehouse or Industrial Units: Costs depend on the size and customization, starting at AED 50,000 annually.
Additional Costs
- Visa Fees: AED 3,500 to AED 5,000 per visa (processing and issuance).
- Renewal Fees: Annual fees for license renewal and office lease.
Benefits of Setting Up in JAFZA
- Tax Advantages: Exemption from corporate and income taxes, with no customs duties.
- Strategic Location: Easy access to global markets through Jebel Ali Port and Al Maktoum International Airport.
- Ease of Logistics: Integrated facilities for shipping, warehousing, and supply chain management.
- Diverse Opportunities: Support for multiple industries and a wide range of business activities.
- Reputation: Operating from JAFZA enhances credibility and facilitates partnerships with global corporations.