Jebel Ali Free Zone is the most popular, oldest, and quickest developing free zone located on the western side of Dubai. This is widely recognized as one of the most service-driven and customer-oriented free zones in Dubai, UAE. This is home to over 7,000 companies; Jebel Ali is in the procedure of becoming a major trading center in the world. This is offering a prime strategic location and excellent logistics infrastructure and business environment for the formation of free zone companies. If you are wanting to start Jebel Ali company setup from India, and want to know the entire process, then we at Start Any Business UAE will guide you completely and help you during the process.
A company can be formed by a single shareholder in Jebel Ali. A shareholder can be a corporate entity or an individual. You can form a limited liability company in Jebel Ali free zone (JAFZA), which essentially means that the company’s liabilities are limited to the asset of the company, the personal assets of the stakeholder are secured. Company formation in Jebel Ali Free Zone is made smooth by asking for a fewer number of documents and a simple procedure by the authorities.
Process of Jebel Ali Free Zone Company Setup
With the process of registration, you will be able to know where and how your set of documents will be used. The necessary steps are:
• First, you will require to fill the application form for company formation in Jebel Ali Free Zone.
• You will need to submit the passport to the JAFZA Dubai.
• You will require to select the company type that you wish to carry. Make sure that the name you select it suitable for the market.
• You will require to choose the activity of your business. This is important for your company setup process. There are several potential activities to select from.
• The next thing is to apply for a trade license for a Jebel Ali company setup. Obtaining a trade license is a very crucial part for operate any kind of business. You can apply directly to the relevant authority; this kind of license takes time as per the nature of your business and the needs of your license.
• For a business setup in Jebel Ali Free Zone (JAFZA), you will need to open a corporate bank account. This is mandatory to handle your company transactions.
• The final step you require to take is to apply for your visa as well as the procedure of applying for your own visa, you can also apply for your staff, which is crucial, and straightforward.
Document Require for Company Formation in Jebel Ali Free Zone
The necessary documents that required for company formation in Jebel Ali Freezone are mentioned below:
• An application form
• Letter of intent for incorporating a Jebel Ali Free zone (JAFZA) company
• Existing company brochure
• Annual financial report or shareholders, six months bank statement for the shareholder not applicable for new registration
• Copy of the manager’s passport and CV
• Copy of shareholder’s passport and CV
• An original bank reference letter, for each shareholder
• No Objection Certificate by the current sponsor, for manager
• Business plan
• A legal representative
• Initial approval from the third authority for some business activities
Benefits of Business Setup in Jebel Ali Free Zone
Jebel Ali offshore company formation has many benefits for business owners. The geographical position of the Jebel Ali ensures that however Dubai International Airport and Al Maktoum Freight Airport are nearby, it has connections to most markets globally. A single customs service linking these two airports is offered by the Jebel Ali Free zone, providing a trouble-free air cargo operation.
Some other benefits include:
• 100% foreign ownership
• 0% VAT on transaction of goods between companies located in Jebel Ali Free zone (JAFZA) and outside the UAE
• No restriction on capital repatriation
• No restriction on foreign talents or employees
• 0% personal or corporate income tax
• No currency restrictions
• Simple and straightforward incorporation procedure
• Permission to mortgage your property to a bank or financing corporation
• Ready to occupy warehouses and factories.
How We Can Help You
Start Any Business is a reputed business setup consultancy with a key objective to help investors, industrialists, and manufacturers turn their dream company into reality by providing the main business setup services like incorporation, legal services, accounting, taxation, etc. We provide you with delightful services for business setup in Jebel Ali Free Zone (JAFZA).
If you are looking for Jebel Ali Company Setup, then we at Start Any Business here for you. We understand your requirements and customize our offerings accordingly. Our business experts assist you to deal with the procedure of company setup without any hassle.
Frequently Asked Questions (FAQs) on Jebel Ali Free Zone Company Setup
The cost of a Jebel Ali company setup varies depending on the type of business, size, and services required.
A Limited Liability Company (LLC) is considered to be the best formation in Jebel Ali Free Zone.
To renew a company license for Jebel Ali company setup, you need to complete the renewal process before the expiration date, submit the required documents, and pay the fees.
Jebel Ali Industrial Area is a designated industrial zone in Dubai, located in the Jebel Ali Free Zone.
Major companies in Jebel Ali Free Zone include Siemens, HP, LG, and GE.
Jebel Ali was named after Ali Bin Said Al-Maktoum, who was a leader of Dubai in the late 19th century.
Palm Jebel Ali is an artificial island located in Dubai, UAE, and is one of three Palm Islands built by the developer Nakheel.
Jebel Ali is popular due to its strategic location, world-class infrastructure, and business-friendly policies.
