BUSINESS SETUP IN JEBEL ALI FREE ZONE (JAFZA)

Jebel Ali Free Zone, popularly known as JAFZA, is an economic zone located in Dubai on Sheikh Zayed Road on the way to Abu Dhabi.

It is located on the west part of Dubai.

Jebel Ali Free Zone is located on the very busy Jebel Ali port, very close to Al Maktoum International Airport and the EXPO 2021 site.

It is located on a sprawling 1.58 million sq.mt. area.

In 1985, JAFZA started its operations with office and ready-built warehouse units.

It is the first Free Zone in the world to have won ISO certification in 1996.

Jebel Ali Free Zone (JAFZA) is the flagship Free Zone of DP World.

As of 2020, JAFZA attracts 23.9% of the foreign direct investment of Dubai, which is 93 billion USD annually.

It has played an important role in creating approximately 135,000 jobs currently as of 2020.

It has approximately 7,500 companies currently operating, with around 100 companies out of the Fortune 500 having headquarters for the Middle East located in JAFZA.

Logistically, it enjoys access to 3.5 billion people across the world, which cements Dubai as an international business hub.

There is 0% income tax for businesses located in JAFZA for 50 years with a renewable concession.

There is 0% import and re-export tax in JAFZA.

Jebel Ali Free Zone business setup allows 100% foreign ownership.

There are no currency restrictions.

There are no restrictions on capital repatriation.

JAFZA company formation offers key industry sectors such as logistics, automotive and its spare parts, food and agricultural commodities, retail and e-commerce, and petrochemicals.

Jebel Ali Free Zone business setup offers offices, warehouses, plots of land, and customized developments. It also offers fully furnished offices as well.

Company registration in JAFZA mainly allows three types of business activities: trading, services, and industrial licenses are allowed under Jebel Ali Free Zone business setup. Investors have to submit a project summary for JAFZA company formation.

Business setup in Jebel Ali Free Zone allows multiple activities under one license.

FZE and FZCO types of companies under Jebel Ali Free Zone business setup have limited liability in legal type.