Because it is one of the oldest and most famous free zones in the United Arab Emirates, establishing a business in Jebel Ali Freezone (JAFZA) may be a fruitful choice. Companies registered in the Jebel Ali Free Zone enjoy a slew of benefits, including tailored networking, worldwide connection, a streamlined operational environment, and simpler operations, among other things. As a result, many solo corporations and single owners wishing to establish a company in free zones choose to establish Freezone Establishments (FZE) in the JAFZA.
It is an excellent choice for a limited liability partnership to be established within a freezone because it allows for 100 percent foreign ownership with no capital repatriation or currency restrictions; zero percent personal and corporate tax; no duty fees on the import and export of goods; no restrictions on the appointment of international employees; and the ability to mortgage your premises in exchange for a loan. Furthermore, JAFZA guarantees that you have a wide range of choices, ranging from bespoke development solutions to on-site homes, from plots, warehouses, and showrooms to offices, outlets, and a large business park, among other things, to choose from.
If you’re wondering what papers you’ll need to get your company up and running, here’s a list of what you’ll need:
Fill out the application for the JAFZA Jebel Ali Free Zone business formation form.
Original passport for your company’s establishment in Jebel Ali Free Zone Dubai must be submitted.
Please provide the original passport as well as a copy of the manager’s or shareholder’s identification card or passport.
In the event of a UAE resident shareholder, get a “No Objection Certificate” from the sponsor.
Prepare and submit a Project Summary, as well as the EHS (Environmental Health and Safety) Application and the EHS Letter of Undertaking, to the appropriate authorities.
Create a profile of the shareholders’ business operations.
Create a Board Resolution that will serve as the foundation for the business.
As an example of the designated manager’s or shareholder’s signature, submit
JAFZA has testified to the authenticity of the Manager’s specimen signature (in case of a solitary company or non-individual shareholder)
If you are eager to become a part of this ever-growing community but are unsure of where to begin, just contact Generis Global, a top company establishment service provider in the United Arab Emirates. We, at Generis Global, will take care of all of the paperwork and business procedures that are associated with establishing a company in JAFZA Dubai.
For more information about Jebel Ali Free Zone Companies in Dubai, please contact the professionals at Generis Global today!