28 Jun Establishing a company in the Jebel Ali Free Zone
Establishing a company in the Jebel Ali Free Zone
Establishing a company in the Jebel Ali Free Zone is the dream of every Arab and foreign investor who aspires to reach the world, as the Jebel Ali Free Zone is characterized by a unique location that makes it linked to the global commercial markets.
The UAE government supports investors in Jebel Ali and provides all the services and facilities that encourage the investment process and increase the chances of achieving huge profits and expanding the size of the company. The Jebel Ali Free Zone also supports all investment activities and sectors, various sizes of companies and capitals, and provides many facilities.
In this article, we will provide you with a lot of information to invest and establish a company in the Jebel Ali Free Zone, in addition to the steps and costs of establishing the company.
Steps to establish a company in the Jebel Ali Free Zone
To establish a company in the Jebel Ali Free Zone, it is necessary to follow a set of legal procedures and steps, which include legal documents and company-specific documents that are submitted to government agencies in the region. Finally, the commercial license is received to start work. Here are the steps to establish a company in Jebel Ali Free Zone:
- Determine the nature of the activity you desire, whether commercial activity, industrial activity, or professional activity, in order to facilitate all procedures and identify the related parties and legal forms.
- Determine the legal form of the company to be established according to the nature of the economic activity. The legal forms include the following companies (joint partnership, A limited liability company, public joint stock company, private joint stock company, civil works company).
- Choosing a trade name suitable for the nature of the company’s activity and expressing it, and it should not be similar to the name of another company or include the name of a government agency, and after it fulfills the conditions, it is registered in the Department of Economic Development.
- Obtaining the initial approval regarding the activity chosen for the company, the trade name and the legal form in order to complete the rest of the procedures.
- Choosing the appropriate workplace for the company, which must comply with the conditions and obtain all necessary licenses.
- It is necessary to prepare the Memorandum of Association in agreement with the competent authorities and to conclude a local service agent agreement for non-Emiratis.
- Obtaining the approval of the authorities concerned with the company’s activity for some of the activities related to those government agencies. Ministry of Justice, Economy, Interior, Ministry of Civil Defense and others.
- The last steps to establish a company in the Jebel Ali Free Zone is to obtain a trade license according to the activity to be established after attaching the required documents and paying the trade license fees.
The costs of establishing a company in the Jebel Ali Free Zone
Determining the costs required to establish a company in the Jebel Ali Free Zone is an essential investment step that must be well studied before embarking on any step on the ground in order to prepare well for it, which includes some expenses such as:
- The costs of obtaining a trade license according to the nature of the activity in which the company will operate.
- Costs of renting an office space on an annual basis or purchasing it as a workplace.
- The costs of equipping the work office with equipment, furniture and decoration to create a work environment.
- Fees for obtaining permits and visas for sponsored employees.
- Fees related to opening a bank account for the company and depositing the minimum amount of capital.
It is necessary to know that the cost varies according to several factors that are determined according to the needs of the owner of the company, so contact us now, and we will inform you of the costs accurately according to your needs.
Advantages of establishing a company in the Jebel Ali Free Zone
The free zone in Jebel Ali is considered one of the most attractive areas for the investment process in various fields. It has an excellent location, and the Jebel Ali area is 30 km from Dubai. The port of Jebel Ali is one of the most important and largest ports in the world, and it contains the most important factories for the manufacture of aluminum, and there is a five-star hotel, the “Jebel Ali” hotel.
The free zone in Jebel Ali includes several advantages, including not needing an Emirati partner and without paying taxes, so it is the goal and destination of investors.
The government provides many advantages to help startups establish a company in the Jebel Ali Free Zone. Knowing the costs required to establish the company is one of the most important steps to developing a business plan, and we can help you finance your project through one of the investors we deal with.
Jebel Ali is one of the important free zones in the city of Dubai for investors and entrepreneurs, due to its many advantages, such as ease of procedures, obtaining approvals, low costs, and others.
- It has the largest international ports, Jebel Ali Port, which is linked to more than 180 shipping lines and 140 ports around the world.
- It has the largest aluminum factories in the Middle East.
- It has an excellent location, about 30 km from Dubai.
- Jebel Ali Port ranks ninth as the largest container port and has the largest industrial dock in the world.
- Jebel Ali contains approximately 5,000 or more international companies.
- Jebel Ali is one of the largest ports, containing 65 ports or more.
- Full tax exemption on taxes and personal income.
- There is no currency limitation.
- There is no minimum capital required.
- Flexibility in obtaining initial approvals.
- Ease of procedures and obtaining a trade license.
- Availability of different and easy ways to apply for establishing a company in Jebel Ali.
- Low costs of establishing a company in Jebel Ali.
- The possibility of establishing a company in Jebel Ali without the need for a sponsor.
- Complete freedom to own the company and to have full control over the profits.
- Supporting the government and providing all services to investors and entrepreneurs.
How can we help set up a company in the Jebel Ali Free Zone?
We are one of the largest business advisors and service providers in the Emirate of Dubai with years of experience helping to establish a company in Jebel Ali, We also provide investors with all the necessary services to establish a company in the Jebel Ali Free Zone from A to Z. Some of our services that we provide:
- Obtaining a trade license according to the nature of the company’s economic activity.
- Extracting and finalizing all legal procedures, forms and papers in government agencies in Dubai.
- Assistance in obtaining residency and visas for investors and employees coming to work.
- Assisting investors in seizing investment opportunities and developing clear plans.
- Preparing a feasibility study for projects and businesses accurately and studying the market.
- Providing office space and warehouses for rent according to business needs.
- Calculating the cost of establishing a company in Jebel Ali and free zones according to the needs of the company owner.
- Follow-up with our customers around the clock, answer inquiries and solve problems.
Summary
In this article, we talked in detail about the advantages of establishing a company in the Jebel Ali Free Zone, the investment steps, obtaining a trade license, and the costs of establishing the company.
Feel free to contact us to seek support from our legal advisors and team of experts, Everything you need to know or complete papers, documents and legal procedures, our team will provide support and all the information you need.