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BUSINESS SETUP IN JEBEL ALI FREE ZONE
The Jebel Ali Free Zone also widely known as JAFZA Freezone, is among the oldest protrusive location for business setup in Dubai as well as other regions in the UAE. Located near the world’s 7th largest container port named the Jebel Ali Port and adjacent to the prime cargo airports, Jebel Ali Free Zone is a projecting site for shipping companies and trading sector including export and import ventures. Built in the 1985, by the Dubai Government under the guidance of Dubai Ruler Sheikh Rashid Bin Saeed Al Maktoum, Jebel Ali Free Zone created a benchmark towards the economy of Dubai. Business setup in Jebel Ali Free Zone, soon gathered demand and popularity due to its unique positioning and progressive work procedures, the jurisdiction further gained the ISO certification and offered a mix-developmental business module.
The region that started with only 19 companies within few decades’ developed, and currently houses 7000 companies. The major advantage of company formation in Jebel Ali Freezone, apart from the location, pre-built factories and storage units and modern Business centers are the governmental and jurisdictional benefits that the region offers. Freezone business setup Dubai aids with various perks, that involves 100% ownership, no tax, no customs, no duties and more. Particularly, Jebel Ali Free Zone provides easy procedures on free zone company registration in Dubai. Freezone company setup, can be done under three types in Jebel Ali Free Zone – 1) Free Zone Establishment (FZE), 2) Free Zone Company (FZC) and 3) A Branch Office.
The variance between Free Zone Establishment and a Free Zone Company, is that it differentiates between partnership structure (Free Zone Establishment-FZE is a single shareholder limited liability company incorporated in any UAE Free Zone. While, Free Zone Company -FZC will be a similar incorporation with multiple shareholding), a branch office is a company which is regulated by the foreign parent company or the parent company under mainland business setup. To find out more about various company formation options in Jebel Ali Free Zone contact, Dream – a business setup company in Dubai. Dream helps you deal with various business related hindrances and provides you resolutions with regards company formation in UAE.
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