Free zone is a particular geographical area in the emirate where 100% foreign ownership is allowed. Free zones do not require partnership with a UAE citizen or with a local service agent.
Jebel Ali Free Zone in Dubai (UAE) is the oldest Free Zone in the United Arab Emirates. Jebel Ali Free Trade Zone (JAFZA) is located in the emirate of Dubai and it has a strategic location. JAFZA is located in a close proximity to one of the largest ports in the world, which receives 15 mln. containers and serves more than 170 shipping routes. Dubai Jebel Ali Free Zone companies can send or receive a shipment by sea from any part of the world.
Jebel Ali FZ is located just several minutes away from the 8th largest airport for transportation of goods which is Dubai International Airport. The airport can receive 2.7 mln metric tons of goods. Companies in Jebel Ali Dubai may also benefit from connection to the new Dubai airport, Al Maktoum Airport. To ensure uninterrupted transportation process, Jebel Ali in Dubai offers general customs corridor, which connects Jebel Ali Port and Al Maktoum Airport.
In addition, Jebel Ali Free Zone JAFZA offers various types of space for rent to run a company and to register in the free economic zone. Jebel Ali companies can rent plots of land, warehouses, offices, retail space, hi-tech rooms, as well as labor camps.
Currently, there are more than 7,000 companies in Jebel Ali. Business model of the free zone proofs to be very well developed. Today 100 companies out of Fortune 500 chose Free Zone Jebel Ali as their base to operate business.
Company formation in Jebel Ali Free Zone is associated with considerable investment in order to be able to operate a newly established business. While annual license fees are about the same as anywhere in Dubai, office and warehouse rents in Dubai Jebel Ali Free Zone are higher. Therefore, freezone companies in Jebel Ali are very often multinational entities or medium businesses. Higher operational costs of Jebel Ali Dubai companies are compensated by great infrastructure and facilities available at JAFZA Jebel Ali Free Zone.
In case you think that top-class logistic facilities and great infrastructure is something that your business will benefit from, you may consider setting up a business in Jebel Ali free zone / Dubai / United Arab Emirates. You can learn more about other aspects of conducting business and familiarize with setup costs below.
Jebel Ali Free Zone waived the requirement for share capital. Investors are free to decide which amount they want to specify as share capital.
1 year only, as in any other emirate, after which the license needs to be renewed.
It is mandatory to appoint auditors and submit annual audit report at the end of company’s financial year.
Company’s license is due for renewal prior to its expiration date, otherwise, penalties for late renewal apply.
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