How many companies are in Jebel Ali Free Zone?

How many companies are in Jebel Ali Free Zone?

More than 8,700 global companies are based in Jafza. This includes approximately 100 of the Fortune Global 500 companies.

How many companies are there in Jebel Ali?

Established in 1985, Jebel Ali Free Zone started with 17 companies. Since its inception, the area has proved to be an attractive option for a variety of companies thanks to its proximity to the port and VAT free advantages. Today Jafza is home to over 7,500 companies.

What are the benefits of opening a company in Jebel Ali Free Zone?

The advantages of Jebel Ali Free Zone company setup in dubai

• 100 % Repatriation of Capital.
• 100 % Foreign Ownership.
• No currency restrictions.
• No personal Income Taxes.
• No corporate taxes.
• Abundant Energy.
• No Restriction on Hiring Foreign Employees.

How can I start logistics business in UAE?

Setting up a logistics company in DLC Free Zone

1. Fill up the application form.
2. Submit necessary documents for the business registration process.
3. Submit a business plan.
4. Acquire the business license from the Department fo Economic Development (DED)

Which is the cheapest Freezone in UAE?

Top 5 Cheapest free zones in the UAE

1. Sharjah Research Technology and Innovation Park (SRTIP) …
2. Ajman Media City (AMC) …
3. Sharjah Media City free zone (SHAMS) …
4. Ras Al Khaimah free zone(RAKEZ) …
5. International Free Zone Authority (IFZA), Dubai.

Which is the best free zone in UAE?

List of best free zones in the UAE:

• Jebel Ali Free Zone Authority (JAFZA) …
• Dubai Multi Commodities Centre (DMCC) …
• International Free Zone Authority (IFZA) …
• Fujairah Creative City Free Zone. …
• Sharjah Media City Free Zone (Shams) …
• Sharjah Publishing City Free Zone (SPCFZ) …
• Ras Al Khaimah Economic Zone (RAKEZ)

What is a Jafza offshore company?

An offshore company is a legal business entity that is set up with the intention of operating outside its registered jurisdiction and/or the location of its ultimate ownership. An offshore company setup in Jafza requires a minimum of one or more shareholders.

Is jafza the leading free zone in the Middle East?

The leading Free Zone in the Middle East and a world-class trade and logistics hub. Jebel Ali Free Zone (Jafza) is Dubai’s first and the most successful Free Zone of the region. Since we opened to business in 1985 with 19 companies we have grown to more than 8,000 today, including 100 Global Fortune 500 enterprises.

What is a jafza company?

The Jebel Ali Free Zone (Jafza) is a community and ecosystem where industries such as logistics, e-commerce, petrochemicals and 14 other industries thrive. Jafza helps businesses in key industry sectors to flourish creating an annual trade value of over $104.2 billion per year. Industries that thrive in Jafza.

Why is jafza successful?

Jafza is among the world’s best locations to establish your business and see it grow. From becoming part of a network of longtime successful business leaders to joining an international platform, the benefits are endless. Enjoying this in an environment that supports competition, in the end, proves most rewarding.

How can I start a company in Jebel Ali Free Zone?

Jebel Ali Free Zone Company Registration

1. Decide on a company name.
2. Decide on business activity to obtain the license.
3. Get an initial approval from the authority.
4. Submit documents and pay fees.
5. Get an office space.

What is flexi desk in UAE?

The business community in Dubai refers to Flexi Desk as a Smart Office or simply “Desk” facility. Flexi-desk in Dubai comprises a desk and a chair set up and the facility is provided for a business registered in a free zone jurisdiction. The Flexi desk facility is devoid of any cabin, wall or enclosure of any type.

Is trucking business profitable in UAE?

Starting a transportation business in Dubai is a profitable and sustainable business. The company formation process and transport company license process in the UAE have been designed with simplicity in mind in navigating the legal requirements.

How can I get logistics Licence in Dubai?

Steps to get started with a logistics license

1. You must complete the Jafza Application Form and the EHS Undertaking Form in their entirety and submit all required documents.
2. You must select the type of company formation you would want to incorporate under.

How can I make transport company in UAE?

Requirements to Start a Transport Business in Dubai You need to obtain a transport license from the UAE National Transport Authority. The transport vehicle should be equipped with safety gear, and all technical terms should be completed. The applicant for a transport license should be a UAE citizen.

Which is the cheapest license in UAE?

Sharjah Media City, also known as SHAMS, is offering business setup packages starting just AED 5,750 is currently the cheapest free zone license in the UAE.

How can I start a business in UAE Free Zone?

Here are the key steps to set up a business in a free zone.

1. Determine the type of legal entity.
2. Choose a trade name.
3. Apply for a business licence.
4. Choose an office space.
5. Get pre-approvals, register your business and get your licence.

How much does a Free Zone visa cost?

The visa application fee is AED 4,670. This includes the visa fee, typing fees, medical test, residence visa stamping, and Emirates ID card. An additional fee of AED 920 is due if the visa applicant is in the UAE. A security deposit must be made of AED 2,500 (refundable upon cancellation of the visa).