How to set up a company in Jebel Ali, Dubai

٢٦ أبريل How to set up a company in Jebel Ali, Dubai

How to set up a company in Jebel Ali, Dubai? Jebel Ali Free Zone in Dubai is one of the best destinations for setting up companies in the UAE, providing an ideal investment environment and advanced facilities for start-ups and medium-sized companies. Setting up a company in Jebel Ali is a strategic step that requires knowledge of the necessary procedures and requirements. This free zone provides companies with access to a vibrant international market, and allows them to obtain government contracts and multiple investment opportunities.

For investors who want to establish a company in Jebel Ali, they must start by studying the market and determining the appropriate company activity according to the needs of the local and regional market. After that, they must choose the appropriate company type, such as a limited liability company or a joint stock company, register the company and obtain the necessary licenses from the Jebel Ali Free Zone Authority.

Setting up a company in Jebel Ali also requires opening a local bank account and securing residency visas for foreign employees, if the company intends to employ them. It is advisable to work with the legal advisors of Itqan Company in Company formation in Dubai To ensure that correct procedures are followed and that local laws and regulations are complied with.

How to set up a company in Jebel Ali, Dubai

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How to choose the right free zone to set up a company in Jebel Ali

When choosing the right free zone To establish a company in Jebel AliYou should consider several factors to ensure that it meets your business needs and helps you achieve your business goals. Here are some points to consider:

Main activity of the company: Make sure the free zone you choose allows the activity you want to do. Some free zones are specialized for specific sectors such as logistics or manufacturing.
Costs and fees: Compare the costs of setting up a company in each free zone, including licensing, rent and other services.
Infrastructure: Ensure that the free zone provides the necessary infrastructure for your business activity, such as communications, energy, and transportation.
rules and regulations: Check the local laws and regulations in each free zone to ensure they align with your business needs and preferences.
Market access: Choose a free zone that provides your company with easy access to the local and regional market.
Incentives and facilities: Some free zones offer incentives and facilities for new companies, compare these offers to choose the best one for your company.
Reputation and History: Research the free zone’s reputation and history of supporting businesses and providing a business-friendly environment.
Government support: Check the availability of government support and services that the local government can provide to your company in the free zone.

By choosing the right free zone, your company can benefit from a favorable business environment and achieve success and sustainable growth in Jebel Ali.

Property Laws for Company Formation in Jebel Ali

Foreigners can Establishing companies in Jebel Ali area Freehold with up to 100% ownership, and this is in accordance with the UAE Companies Law. However, there are some rules and regulations that foreign investors must adhere to while Company formation in Jebel Ali which is next:

Type of Company: A Limited Liability Company (LLC) or a Limited Liability Company (FZ-LLC) can be established in Jebel Ali. The requirements for establishing each type of company are different, and applicable regulations must be adhered to.

Allowed activities: The company’s activities must be in compliance with local regulations and legislation in Jebel Ali and the Emirates.

Local Partner: In the case of establishing an LLC, there must be a local partner who owns at least 51% of the company’s shares. However, the foreign company can retain all the profits and control the management.

Required capital: The capital required to establish a company must be determined in accordance with local laws. In some cases, there may be a minimum requirement.

Licenses and Permits: All necessary licenses and permits must be obtained from local and government authorities to conduct business in Jebel Ali.

Tax Compliance:Compliance with local tax regulations and filing the necessary tax returns is vital to the success of any business in Jebel Ali. The UAE tax authorities set the tax laws that businesses must comply with and collect taxes based on these regulations. Businesses must maintain accurate financial records and submit periodic reports to local authorities to comply with taxes.

Foreign labor: Foreign workers in Jebel Ali are of great importance to companies looking to grow their business, but companies must adhere to local labor laws and residence visas for foreign workers. This requires compliance with many regulations and requirements.

Jebel Ali is committed to providing a conducive and stimulating investment environment for foreign companies, making it one of the most attractive areas for investment in the UAE.

Advantages of a free zone company compared to an offshore company

feature	Free Zone Company	External company
Foreign ownership	Allows 100% foreign ownership	Requires partnership with a local citizen.
Exemption from taxes	They are often tax-exempt or at reduced rates.	May be subject to regular taxes.
Ease of administrative procedures	Simpler and faster establishment and management procedures	Procedures may be more complex and slow.
Infrastructure and Services	Provides advanced infrastructure and support services	Infrastructure and services may be limited.
Access to local and regional market	Provides easy access to local and regional market.	Access to the market can be more challenging.
Freedom in financial transactions and foreign currencies	Allows great freedom in financial transactions and foreign currencies.	There may be restrictions on financial and foreign exchange transactions.
Benefit from government incentives and facilities	You may get government incentives and special facilities.	May not be eligible for government incentives.

Please note that these features may vary depending on the specific country and free zone, and the requirements of each company. It is always advisable to consult the experts of Itqan Legal Consulting Company for company formation before making the decision to establish a company.

Why start your business and company in Dubai?

Whatever your budget and financial capacity, you can start a business, trade or provide services in the Emirates due to the different living conditions, requirements and expenses, and the different costs of establishing companies between each emirate and between the types of companies available.

It is noticeable in the Emirates, especially Dubai, the high population density and the constant flow of people, whether they are capitalists, investors or skilled workers, which led to many needs for different projects and an increase in demand for products and services, so it is the best place to start your business or industry or provide your services in it, as users and the public are present. The Dubai government supports entrepreneurs and investors and facilitates all services and needs to start a business or activity in Dubai.

Jebel Ali Free Zone

Located in Dubai, Jebel Ali Free Zone is one of the most prominent locations that provide an ideal investment environment for starting a business. Jebel Ali features modern infrastructure and integrated services that make it an ideal destination for small and medium enterprises and startups. Here are some reasons why Jebel Ali Free Zone is the ideal place to start your business:

Foreign ownership: Jebel Ali Free Zone allows 100% foreign ownership of the company, providing great freedom of control and management.
Government facilities: The UAE government provides great facilities to companies registered in Jebel Ali, such as tax exemption for a specific period and no customs duties on imports and exports.
Advanced infrastructure: Jebel Ali has a well-developed infrastructure that ensures easy access to essential services such as communications, energy and transportation.
Access to the regional market: Dubai is strategically located with easy access to regional and global markets, making it an important business hub.
Simple steps: Jebel Ali has simple and quick incorporation procedures, making it easy for entrepreneurs to start their business quickly.

In short, Jebel Ali Free Zone in Dubai is an ideal choice to start your business, as it provides the right environment and facilities for businesses to grow and flourish.

Establishing a company in Jebel Ali

Establishing a company in Jebel Ali in Dubai can be an important strategic move for investors who want to benefit from the benefits of the free zone. Jebel Ali is strategically located near Jebel Ali Port and Al Maktoum International Airport, making it an ideal destination for companies operating in the logistics and global trade sector.

Company formation in Jebel Ali

It offers investors many benefits such as tax exemption, access to the MENA market, and advanced infrastructure. By choosing Jebel Ali as the company’s headquarters, investors can achieve sustainable success in the local and global market. To establish a company in Jebel Ali, investors must take the following steps:

The legal form of the company, whether a company, a branch of a company, or an institution.
Specify the company name.
Choosing the company headquarters within the Dubai free zones.
Obtaining the license and initial approval to practice the work.

Free zones in the UAE are an opportunity for entrepreneurs and investors who want to have their own companies without the need for a local sponsor. This type of company is designed to encourage foreign investment as it is characterized by easy establishment procedures and low costs.

Benefits of establishing a company in Jebel Ali

100% ownership of the company, where you will be the sole owner of the entire company without the need for a local sponsor.
Distinction in ease of establishment procedures and low costs.
Flexible solutions in all areas of business establishment.
The possibility of benefiting from the business community through which the services of the free zone authorities can be used in terms of support services, sponsorship, or other services.

Types of commercial licenses available in Jebel Ali

Type of license	the description
General Trading License	The company is allowed to deal with all types of goods except prohibited materials.
Import and export license	Allows the company to bring goods into and export them from the free zone.
Industrial License	Allows companies to produce goods and products in the free zone.
Distribution License	Allows companies to distribute goods and products inside and outside the free zone.
Services License	Allows companies to provide specific services within the free zone.
Contracting License	Allows companies to implement construction and infrastructure projects inside and outside the free zone.
Storage License	Allows companies to store goods and materials in the free zone.
Consulting License	Allows companies to provide consulting services in various fields.

This table shows some of the common business licenses in Jebel Ali Free Zone, and there are many other licenses available depending on the type of business activity and legal and regulatory requirements.

Guarantees required to establish a company in Jebel Ali Free Zone

toCompany formation in Jebel Ali Free Zone, local authorities may require financial guarantees from shareholders or partners. The required guarantees may vary depending on the type of company and the activity it carries out. However, in general, the required guarantees include:

Bank guarantee: Shareholders may be required to provide a bank guarantee to ensure that they will meet the company’s financial obligations. This guarantee is used in the event that they are unable to meet their obligations.
Shareholders’ guarantee letter: Shareholders may be required to sign a bond that binds them to the company’s financial and legal obligations. This bond is usually part of the incorporation process.
Other guarantees: Local authorities may require additional guarantees as needed, such as guarantees to provide required services or compliance with local legislation.

Make sure to check the collateral requirements required in Jebel Ali Free Zone with the relevant authorities before starting the company formation process.

Can foreigners establish a company in Jebel Ali?

Yes, foreigners can establish a company in the Jebel Ali Free Zone. The free economic zones in the UAE allow foreign investors the opportunity to establish and own companies at a certain percentage or in full, according to the laws and regulations issued in each free zone.

In Jebel Ali Free Zone, foreigners can establish certain companies with up to 100% foreign ownership, including limited liability companies and other types. Foreign investors must comply with specific legal conditions and requirements, which include the necessary licenses, permits, company registration and other administrative procedures.

Frequently asked questions about company formation in Jebel Ali, Dubai

What are the procedures required to establish a company in Jebel Ali, Dubai?

Investors must submit a commercial license application to the Jebel Ali Development Authority, submit the required documents and pay the prescribed fees.

What types of business licenses are available in Jebel Ali?

There are several types of business licenses available in Jebel Ali, such as the general commercial license, the sole proprietorship license, and the commercial establishment license.

What are the steps required to obtain a commercial license in Jebel Ali?

Investors must submit a commercial license application to the Jebel Ali Development Authority, submit the required documents and pay the prescribed fees.