JAFZA Free Zone
JAFZA is one of the major free zones in the United Arab Emirates. It is the largest free zone and has over 8,700 companies in Jebel Ali. It is a logistical and commerce center in the area, located near key trans-emirate road networks in the UAE. JAFZA's infrastructure comprises pre-built warehouses, factories, and light industrial units and long-term leasing property for companies looking to construct their facilities.
The Jebel Ali free zone company setup is famous for its strategic location, multimodal connectivity, and closeness to the Al Maktoum International Airport. In addition, vital regional highways have proven to be a major attraction for businesses. Furthermore, Jebel Ali Port and JAFZA's combined capabilities and engagement with Expo 2020 Dubai have contributed to the increase in business. The Jebel Ali hub ensured that all Expo-related freight arrived in Dubai securely and on time.
Characteristics of JAFZA Free Zone
Characteristic Type | Characteristic Trait |
---|---|
Company Type | Free Zone Company (FZCO) & Free Zone Establishment (FZE) |
Governing Body | Jebel Ali Free Zone Authority |
Minimum Number of Shareholders | 1 |
Minimum Number of Managers | 1 |
Accounting and Book Keeping Requirements | No |
Renewal Date | Annual Date of Incorporation |
Corporate Taxation | 0% |
Visa Type | Employment Visa Only |
Ownership | 100 Percent Foreign Ownership |
Type of Activities | Commercial/Service/Industrial/Logistics |
VAT Percentage | 0% |
Duty for Import and Export | 0% |
Duration For Company Formation | 4-7 Days |
Paid Up Capital | No Paid Up Capital |
Local Partner Required | No |
Documents Required
- Color Passport Copy
- Visa status copy / Entry stamp copy
- Passport Size Photo
- Other documents depending on the business activity
Banking Partners
Statistics
JAFZA is the first free zone to obtain an ISO certification. Jebel Ali Free Zone is a hub for many world's reputed companies consisting of global fortune enterprises. It has international investors for providing dominant infrastructure and base, facilitating the customers to build businesses, incorporating Dubai trade, advisory, business matching/support, and updating.
Jebel Ali Free Zone Authority (JAFZA) is designed to provide a nominal cost for all SMEs (small to medium enterprises). It is purely customer-driven dynamic management that thrives on investing in its efficiency and services according to market/investor demands. Jebel Ali Free ZoneAuthority company formation successfully attracts investors and customers worldwide by exposing them as significant commercial and industrial hubs. JAFZA is the world's most customer-driven and service-driven free zones.
A Detailed description of the JAFZA free zone is enlisted in the form of tabula ar representation
Founded | 1985 |
GDP contribution | JAFZA contributes 23.8% of Dubai’s GDP |
Government Authority | JAFZA Free Zone Authority |
Industries thrive in JAFZA | Logistics, Food and Agriculture, Automotive and Spare Parts, Petrochemicals, Transport, and Hospitality Services |
Prohibited activities | Banking business, Financial/Investment activities, Consultancy (subject to approval by Registrar) |
Time to incorporate | 20-30 working days |
Possibility of Migration | Yes |
Tax rate | VAT at 5% |
Shareholders | 1-50 |
Availability of Shelf Companies | No |
Annual accounts | Yes |
Registered office required | Yes |
Audit requirement | Yes |
Legal entities | Free Zone Establishment, Free Zone Company, Branch of a Company |
Business license | Trading license, General trading license, Logistics license, Service license and Industrial license |
Types of visas | Employment visa, Dependents Resident Visa and Business Visit Visa |
Activities performed under one license | Up to six similar activities |
Minimum number of company directors | 1-6 |
Office Requirements in DMCC | Flexi Desk, Onsite residence, Retail outlets and spaces, Business Park, Work stations, Warehouses, Showrooms, Offices |
Annual trade value in JAFZA | $104.2 billion |
While considering the significant growth of trading in the JAFZA free zone, it would be prudent to explore Dubai free zone company formation.
Registration Process
Complete the Application Form
Submit Your Documents to the Authority
Obtain Your License
Obtain Your Residency Visa
Open Your Bank Account
Terms and Conditions
*Duration is subject to the constraints of the due diligence procedure.
**This would refer to the corporate tax of the company, wherein the operation of the company would take place outside the country of incorporation.
***The required documents must be provided for every individual related to the company.
Disclaimer: The content on this website should not be taken as a contractual commitment or a warranty. Our services conditions are subject to BSW terms and conditions.
Why Choose BSW
Business Setup Worldwide assists international investors, business people, and corporations in forming firms in JAFZA, allowing them to take advantage of all the benefits of a booming economic trade hub. Our professionals handle all banking, visa, legal, and licensing requirements, allowing businesses to focus on their business creation without worrying about the legalities. So, contact us for further information if you're off to a solid start.
FAQs
How many days does it take to issue a license in JAFZA?
It takes around 3-5 working days to issue a license in JAFZA.
Can a foreigner own a business in Jebel Ali Free Zone Dubai?
Yes, a foreigner can own 100% foreign ownership in JAFZA.
What documents are required for company formation in JAFZA?
The documents required for setting up a free zone company in JAFZA are,
- Application form for free zone company setup
- Passport of the selected manager, plus a copy
- Passports of all the individual shareholders, with copies
- No-objection letter from the current sponsor of each UAE resident shareholder
- Summary of the project
- Application form and letter of undertaking for Environment Health and Safety (EHS)
What are the documents required for an individual shareholder in JAFZA?
The documents required for an individual shareholder in JAFZA are,
- Additional Documents Required for Individual Shareholders
- Business profile of each shareholder
- Board resolution to set up a company
- Manager’s specimen signature
Who issues licenses in the JAFZA free zone?
The respective free zone authority issues license in the JAFZA free zone.