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Establish company in Jebel Ali Free Zone

٠١ فبراير Establish company in Jebel Ali Free Zone

Establishing a company in Jebel Ali Free Zone represents an important strategic step for investors seeking to benefit from the investment advantages available in Dubai. Jebel Ali Free Zone is considered one of the most prominent economic zones in the emirate, as it provides an ideal environment for establishing and operating companies through a range of attractive benefits and features. This region is characterized by its advanced infrastructure, easy legal legislation, and easy administrative procedures, making it a preferred destination for companies wishing to grow and expand in the Middle East and North Africa market. Through this article, we will learn about all the procedures for establishing a company in the free zone .

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Establishing a company in Jebel Ali Free Zone

Procedures for establishing a company in Jebel Ali Free Zone

To establish a company in the free zone , you need to follow several procedures. Here are general steps you can follow:

  • Choosing a company type: Your options may include a sole proprietorship, limited liability company, limited liability company, or partnership, depending on your requirements and business strategy.
  • Choosing a business: An appropriate business activity must be chosen according to the type of company and target market.
  • Determine the trade name: You must choose an appropriate name and ensure its availability and compliance with local standards.
  • Arranging documents: Establishing a company requires arranging a set of documents such as shareholders’ passports, partner contracts (if it is a partnership company), and other required documents.
  • License Application: An application for a company license must be submitted to the relevant authorities in Jebel Ali Free Zone.
  • Visas and residencies: You may need to arrange visas and residencies for employees and directors residing in the company.
  • Opening a bank account: After receiving the license, a bank account can be opened for the company to carry out financial and commercial operations.
  • Tax Registration: Must be tax registered and meet all applicable local and international tax requirements.
  • Insurance: Some companies may require the purchase of necessary insurance according to local laws.
  • Applying for membership in the Chamber of Commerce: This may be an optional step and depends on the type of company and local requirements.

Jebel Ali Free Zone provides a business-friendly environment, with relatively simple and flexible establishment procedures that make it easier for investors to establish and operate their companies efficiently.

Advantages of establishing a company in Jebel Ali Free Zone

Establishing a company in Dubai in the Jebel Ali Free Zone comes with many features and benefits that make it a preferred destination for investors. The most prominent of these features are:

  • Flexible legislation: Jebel Ali Free Zone has flexible legislation and approval of international standards, which facilitates the establishment and operation processes of companies.
  • Full foreign ownership: The law in Jebel Ali Free Zone allows foreigners to have full ownership of their companies without the need for a local partner.
  • Freedom to transfer profits and capital: The legal system in the free zone grants complete freedom to transfer profits and capital freely without restrictions.
  • Advanced Infrastructure: Jebel Ali has a developed infrastructure that includes modern management and production facilities, providing an ideal environment for business.
  • Access to the regional and global market: Dubai is located at a strategic crossroads that facilitates access to the Middle East, North Africa and South Asia markets, enhancing growth opportunities for companies.
  • Customs facilities: The free zone provides great customs facilities such as not imposing customs duties on import and export, which reduces operating costs.
  • Favorable legal environment: Jebel Ali Free Zone promotes a favorable legal environment that allows easy dealing with government agencies and providing protection to investors and companies.
  • Low operational costs: Thanks to customs facilities and advanced infrastructure, operational costs in Jebel Ali Free Zone are low compared to some other areas.
  • These features make Jebel Ali Free Zone an attractive option for companies looking for a favorable investment environment that will help them achieve growth and prosperity in the Middle East and global markets.

To establish a company in the Jebel Ali Free Zone, do not hesitate to contact our company, as we specialize in establishing companies in Dubai and free zones, completing all procedures and licenses in Dubai, and dealing with the competent authorities in the shortest time and most efficiently.

What is the Jebel Ali Free Zone?

Jebel Ali Free Zone is one of the free zones in Dubai, and is considered part of the emirate\’s economic strategy to attract investments and promote business. Jebel Ali Free Zone was established in 1985 and is located approximately 30 kilometers southwest of central Dubai. Jebel Ali Free Zone provides an ideal environment for establishing and operating companies thanks to a range of facilities and benefits, such as:

  • Full foreign ownership: The law in Jebel Ali Free Zone allows foreigners to have full ownership of their companies without the need for a local partner.
  • Customs facilities: The region enjoys customs facilities, such as not imposing customs duties on import and export, which facilitates international transportation of goods.
  • Advanced infrastructure: Jebel Ali Free Zone provides advanced infrastructure that includes modern management and production facilities, which contributes to improving work efficiency and reducing operational costs.
  • Access to the regional and global market: Thanks to its strategic location in Dubai, Jebel Ali Free Zone allows companies to easily access the Middle East, North Africa and South Asia market.
  • Favorable legal environment: Jebel Ali Free Zone provides a favorable legal environment that respects international conditions and provides protection for investors and companies.

In addition, the Jebel Ali Free Zone offers a variety of permitted economic activities, allowing companies to achieve wide diversity in the scope of business they can undertake.

Conditions for establishing a company in Jebel Ali Free Zone

To establish a company in Jebel Ali Free Zone , conditions vary slightly depending on the type of company and business activity chosen, but generally include the following conditions:

  • Company type: The type of company to be established, such as a sole proprietorship, limited liability company, limited liability company, or partnership, must be determined according to the established business activities.
  • Permitted activities: You must check the permitted business activities in Jebel Ali Free Zone, and ensure that the company’s activity complies with these rules.
  • Equity ownership: The distribution of shares and shares between shareholders and partners must be determined, if the company requires it.
  • Legal documents: Submitting legal documents such as passports and IDs for shareholders, partner contracts (if a partnership), and other necessary documents as the case may be.
  • Core capital: There may be requirements for the minimum core capital required to establish a company, depending on the type of activity and company.
  • Licenses and Permits: The necessary licenses and permits must be obtained from the local authorities in Jebel Ali Free Zone to start business.
  • Tax and legal obligations: You must ensure that the company complies with all local tax and legal regulations and laws.
  • Administrative metrics: Provide detailed information about the management structure and employees planned to be hired.
  • Environmental and health standards: The company must ensure that it adheres to the environmental and health standards applied in the free zone.

Compliance with these terms provides a clear and favorable legal environment for companies wishing to take advantage of the benefits of the Jebel Ali Free Zone as a headquarters for their business.

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Jebel Ali Free Zone

The importance of a commercial license for establishing a company in the Jebel Ali Free Zone

Obtaining a commercial license to establish a company in Jebel Ali Free Zone is of great importance and has several major benefits that contribute to the success and continuity of business in this region. Here are some of the most important benefits:

  1. Legal legitimacy: The commercial license grants the company the legal legitimacy necessary to conduct commercial activities in the Jebel Ali Free Zone, which achieves compliance with local legislation and ensures the protection of investors and customers.
  2. Entry into the market: The commercial license allows the company to legally and legitimately enter the Dubai market and other regional and global markets, providing broader opportunities for expansion and growth.
  3. Attracting investments: A commercial license reflects the company\’s readiness and seriousness in the market, which increases its attractiveness to local and international investors looking for reliable and licensed investment opportunities.
  4. Obtaining financing: A commercial license facilitates the process of obtaining financing from banks and financial institutions, as it is considered a guarantee and evidence of the company’s ability to achieve revenues and financial stability.
  5. Efficient operation: A commercial license provides the legal and administrative structure necessary to operate the company efficiently and effectively, which helps in organizing daily operations and achieving strategic goals.

In addition, a trade license is one of the basic requirements for dealing with customers, suppliers and business partners, making it an essential part of the structure of any successful business in Jebel Ali Free Zone.

At the conclusion of this article, establishing a company in the Jebel Ali Free Zone represents a strategic step of great importance to investors and businessmen. The Jebel Ali region enjoys an advanced and diverse investment environment, as it provides flexible legislation, customs facilities, and modern infrastructure, which helps accelerate the growth and expansion processes of companies.

By obtaining a commercial license and dealing with professional consulting companies such as Atqan, the establishment process is facilitated and the necessary legal and administrative support is provided to new companies. Jebel Ali Free Zone also provides various opportunities to access Middle Eastern and international markets, enhancing its position as a preferred business destination in the Emirates.

Frequently asked questions about establishing a company in Jebel Ali Free Zone

What types of companies can be established in Jebel Ali Free Zone?

Companies can be established such as sole proprietorship, limited liability company, limited liability company, free-range company, and partnerships.

What are the basic requirements for establishing a company in Jebel Ali Free Zone?

Basic requirements include submitting shareholders\’ passports, specifying the type of business activity, and submitting partner contracts (if the case requires it).

Can foreigners fully own companies in Jebel Ali Free Zone?

Yes, foreigners are allowed to fully own companies without the need for a local partner in the Jebel Ali Free Zone.

What services can be obtained from consulting companies such as Atqan in establishing companies in Jebel Ali Free Zone?

Services include granting commercial licenses, arranging legal documents, registering with government agencies, and providing relevant legal and financial advice.