Located in the west of Dubai, Jebel Ali Free Zone is the oldest in the UAE, having been established in 1985. It is also one of the most popular. Jebel Ali is the first freezone created in Dubai and is one of the most well-known freezones in the country. It houses more than 7,000 international companies, some of which are Fortune Global 500 companies. Moreso, JAFZA is one of the contributors of Foreign Direct Investment (FDI) into the UAE so a business setup in JAFZA continues to be rampant and meets the demands of various investors with warehouses, showrooms, offices, and on-site residences. For these reasons and more, many entrepreneurs choose to set up their businesses in Jebel Ali due to its rich infrastructure – surrounded as it is by the necessary amenities and transport links. JAFZA remains one of the ‘on-demand’ company formation sites in UAE.
This is a Limited Liability Partnership with the company’s liabilities limited to the company’s asset while the owners’ personal assets are secured. An interested investor is allowed 2 to 50 shareholders which can be either an individual, company or a combination of both.
FZE is a type of formation with only one shareholder. However, such shareholder can be either an individual or a company. The company’s liabilities are limited to its assets as well, and the owner’s assets are protected.
Public Limited Company is a type of company that lists its shares on the stock exchange for the public to subscribe to it. JAFZA allows 2 or more shareholders for a PLC company.
A branch is an extension of the parent company. A company outside JAFZA can establish a branch in the free zone with certain requirements to be met. One of which is that the parent company should own the branch with the same nature of the business and be under the same name as the parent company.
Jebel-Ali’s strategic location is a huge advantage, as Dubai and Al Maktoum International Airport are just 40 and 20 minutes away. For entrepreneurs who require trading with clients from other parts of the world, Jebel Ali is the Freezone of choice as it offers the fastest access to Asia, Africa, Commonwealth countries and elsewhere.
Upto 3 visas are permitted in Jebel Ali without owning a physical office. Instead, a flexi desk can be purchased with services such as conference room hire and reception cover.
Once the activity is decided and the necessary documentation is provided, a business can be set up in within 3 days in Jafza.
No minimum share capital is required in Jafza
Jafza is arguably one of the freezones with the longest list of activities. A list of these can be viewed below. What’s more, Jebel Ali Free Zone allows for between 7 and 12 business activities under one trading licence. Also, service activities can be conducted from Jebel Ali, provided there is a registered branch of the company which has been operational in mainland UAE for at least two years.
The three main categories of activity in JAFZA are trading, service, and industrial. A breakdown can be found below:
JAFZA’s Fee Structure
|Trade License Fee (Commercial & Service/General)||FEE|
|Industrial/Trade License (Type 1) (7 products max from 1 group)||5,500 AED|
|Industrial/Trade License (Type 2) (12 products max from 2 group)||9,000 AED|
|General Trading License||30,000 AED|
|Service License||8,000 AED|
FZCO- 15000 AED
FZE – 10000 AED
BRANCH OF A COMPANY- 5000 AED
|Legal Maxims Service Charge||3,000 AED|
Legal Maxims Consultants has a team of experts committed to providing out of the box consultancy, support and management services to investors interested in a new company formation in JAFZA or any of the Free Zones in the UAE.
Our service charge is arguably the cheapest in the whole of UAE. Contact Us for a free consultation and a free quote today.