Free zones are the life of the business hub that Dubai has become over the past two decades. Most of the foreign business investment has gone into free zones recently and all types of businesses have flourished in these designated zones.
Different free zones have been provided with world-class facilities for different types of industries and business setup in Dubai. It is also true that the government has had a part to play in it. It has drawn up different policies for different free zones in order to support the growth of the industries that the free zone was established for.
Over time, the government of the UAE has also made policies so as to create the free zones more accessible for the foreign investors who are interest in setting up their business in Dubai. As the requirements change and new laws are required, the government makes sure it takes the appropriate step so as to facilitate the investors as much as possible. The ultimate benefit is to the people and the government of UAE, when people come to JAFZA for business setup.
The Jebel Ali Free Zone
One of the great places in UAE is JAFZA for business setup, which is promoting foreign investment. It became operation in 1985 as is one of the most successful business areas.
a. The free zone provides a place for a business to operate and flourish.
b. It provides you with free zone business license
c. The free zone also provides you with all types of facilities like warehouses, offices and accommodation for staff.
d. The free zone is a market place itself where you can conduct trade
The three license types available for investors planning to invest in this free zone are:
a. Trading license to carry out trading activities.
b. Industrial license to carry out manufacturing activities.
c. Service license to carry out services activities.
d. E-Commerce license to carry out trade of goods and service over electronic networks.
e. National industrial license to carry out manufacturing activities where at least 51% of the ownership is of a national of a GCC country.
f. Innovation license to carry out development of new products and services through your business in Dubai.
g. Offshore registration to establish an offshore company with limited liability.
There is now a new market place in JAFZA
Jafza Traders’ Market (JTM) has been designed with all the investors and businessmen at the very heart of the concept. The market will provide value added services which are set to create a complete trading cycle.
In this new market place, you will get 100% foreign ownership if your business. You will also be able to repatriate 100% of capital and profits to your home country. In JAFZA there are restrictions on labour and without any gates or access restrictons
The Jafza Traders ‘ market provides the perfect platform to trade on both bulk and retail, whether you are online or offline. This project is envisioned to encompass over 3 millon square meters. The project includes showrooms, retail, warehousing, offices, hotels, and residential units you support your business.
How we can help?
Investors and entrepreneurs have a fear business setup in Dubai formation because they do not have the right knowledge about the processes for business registration.
They sometimes fail to gather all approvals and establish their business because they are foreigners who do not know the whereabouts of people who need to approve documents. Company Registration UAE can provide help in this situation. The business consultants Dubai will help in business registration and all other relevant matters. The firm will provide you with information on the processes that you need to complete for business setup in Dubai. Support services like opening bank account and product registration will also be provided by the business Consultants Dubai.
Our experts are ready to help you in business formation. Call us today for help.