04 Feb Establishing a company in Jebel Ali Free Zone
Establishing a company in the Jebel Ali Free Zone is considered an ideal strategic step for anyone seeking to strengthen their business presence in the Middle East and the world. Jebel Ali Free Zone is one of the most prominent free zones in Dubai, which provides a stimulating and integrated work environment for entrepreneurs and investors. Thanks to its strategic location near Jebel Ali Port, one of the largest ports in the world, this region offers exceptional opportunities for commercial growth and international expansion. In addition, the region offers numerous benefits including full foreign ownership, tax exemptions, and advanced infrastructure, making it an attractive option for companies of all sizes and activities. In this article, we will review in detail the main steps and advantages of establishing a company in the Jebel Ali Free Zone, with a focus on how to make the most of the opportunities available there.
Advantages of establishing a company in Jebel Ali Free Zone
The Jebel Ali region is one of the most golden regions for investment, as the government provides many advantages to help emerging companies establish a company in the Jebel Ali Free Zone. Knowing the costs necessary to establish a company is considered one of the most important steps in developing a business plan, and we can help you finance your project through one of the investors we deal with. :
- Full Foreign Ownership: Foreign investors are allowed to own 100% of the company without the need for a local partner, providing them with full control of their business.
- Tax exemptions: Companies in Jebel Ali Free Zone enjoy full tax exemptions on profits and personal income for up to 50 years, which contributes to increasing the companies’ net profits.
- Advanced Infrastructure: The region provides world-class infrastructure that includes advanced ports, logistics centers, and an advanced road network, which facilitates transportation and shipping operations.
- Ease of establishing companies: The free zone offers simplified and quick procedures for establishing companies, with full support from the concerned authorities, which contributes to reducing the time and effort required to start a business.
- Access to global markets: Thanks to its strategic location near Jebel Ali Port, the region provides quick and easy access to global markets via air and sea freight networks.
- Financial Facilities: The free zone provides a wide range of financial and banking services, including dedicated bank accounts for companies in the free zone, which facilitates money management.
- Diversity in business activities: Companies can be established in various economic sectors including trade, manufacturing, services, and technology, allowing investors to diversify their activities and investments.
- Customs exemptions: Companies in the free zone enjoy customs exemptions on import and export, which contributes to reducing production and operating costs.
- Government support: The Dubai government provides continuous support to companies in the Jebel Ali Free Zone, through policies and legislation that encourage economic and investment growth.
These advantages make Jebel Ali Free Zone an ideal environment for business, where companies can benefit from the facilities and services provided to achieve great successes and global expansion.
Steps to establish a company in Jebel Ali Free Zone
Jebel Ali is the first investment zone in Dubai. There are a set of steps necessary to establish a company in the Jebel Ali Free Zone, which are as follows:
- Determine the nature of the activity you desire, whether commercial, industrial, or professional, in order to facilitate all procedures and identify the related parties and legal forms.
- Determine the legal form of the company to be established (solidarity, limited liability, public joint stock, private joint stock, civil works).
- Registration of the trade name, which distinguishes one company from another and is related to the company’s activity.
- Obtaining initial approval for the company’s economic activity in order to obtain the approval of the competent authorities.
- Preparing the articles of incorporation in agreement with the competent authorities and choosing the workplace that conforms to the conditions and has all the necessary licenses.
- Obtaining the approval of the authorities concerned with the facility’s activity, such as the Ministry of Justice, Economy, Interior, and Ministry of Civil Defense.
- Obtaining a license for the activity for which the company is to be established after attaching the required documents and paying the commercial license fees.
To establish a company in the Jabal Free Zone, contact our work team, and one of the experts in our company will contact you and facilitate all the necessary procedures and papers.
Conditions for establishing a company in Jebel Ali Free Zone
Establishing a company in the Jebel Ali Free Zone requires adherence to some conditions and procedures set by the free zone authority to ensure the conduct of business in a legal and orderly manner. Here are the most important terms and requirements:
- Choosing the type of company: You must select the type of company you wish to establish, such as a free zone limited liability company (FZ LLC) or a branch of a foreign company.
- Determine the commercial activity: You must determine the commercial or industrial activity that the company will undertake, and ensure that this activity is permitted in the free zone.
- Company name: Choose a name for the company that complies with the laws of the free zone, as the name must not be similar to the names of other companies and clearly express the nature of the activity.
- Capital: Providing the minimum required capital, which varies according to the type of activity and the type of company. The capital required is often low and suitable for small and medium businesses.
- Security approvals: Obtaining the necessary security approvals from the relevant authorities in Dubai.
- Lease Contract: Renting an office or work space in the Jebel Ali Free Zone, as the area offers a wide range of office and industrial options.
- Commercial Registration: Submit a commercial registration application to the Jebel Ali Free Zone Authority, including all required documents and information.
- Obtaining licenses: After approval of the registration application, the necessary licenses to practice commercial activity must be obtained, which are issued by the free zone authority.
- Opening a bank account: Opening a bank account for the company in one of the approved banks in Dubai to facilitate financial operations.
- Health Insurance: Providing health insurance for the company’s employees in accordance with local laws.
After fulfilling these conditions and procedures, the company can start work in the Jebel Ali Free Zone and benefit from the advantages and facilities provided by this zone.