Steps to establish a company in Jebel Ali, as part of its ongoing efforts to enhance the investment and development environment in the Emirate of Dubai, the Dubai Investment and Development Authority provides a comprehensive set of services and incentives for investors wishing to establish their companies in the Jebel Ali Free Zone. These efforts come within the framework of the Authority’s efforts to attract more local and foreign investments and enable investors to benefit from the competitive advantages enjoyed by the free zone.
In this context, the Authority’s partnership with Itqan Real Estate Investment and Development Company stands out as a pioneering model of cooperation between the public and private sectors. Through this partnership, investors benefit from the integrated real estate services and solutions provided by Itqan, which extend to planning, design, construction, management and operation. In parallel, the Dubai Investment and Development Authority provides investors with the necessary support and guidance to complete the establishment and registration procedures with ease and convenience.
These procedures include, for example, choosing the appropriate legal form for the company, issuing the necessary licenses, and following up on obtaining the required licenses and approvals from official authorities. The Authority also offers investors a variety of incentives and privileges that include tax exemptions, financing facilities, and advanced logistics services. Thus, the Authority contributes effectively to attracting investments and developing the infrastructure and services necessary for the success of projects in the Jebel Ali Free Zone.
Steps to establish a company in Jebel Ali
Types of companies that can be established in Jebel Ali Free Zone
steps Establishing a company in Jebel AliThere are a variety of company forms that investors can establish according to their business requirements and objectives. These main forms include: Jebel Ali Free Zone in Dubai is considered one of the most important free zones in the world, attracting a lot of local and foreign investments. This area provides a wide range of options and opportunities for investors wishing to establish their companies, as they can choose from several legal forms of companies that suit the nature of their business and future aspirations. Types of companies in Jebel Ali Free Zone:
- Limited Liability Companies (LLC): It is the most common legal form of companies in the free zone, as it provides significant advantages to shareholders in terms of flexibility and legal protection.
- Public joint stock companies: These are companies whose shares are offered for public subscription and are subject to the laws and regulations of the Securities and Commodities Authority.
- Branches and representative offices: These are legal forms that allow foreign companies to establish a legal presence in the free zone without the need to establish an independent company.
- One-person companies: They are companies wholly owned by one person and provide tax and administrative advantages to the owner.
- Regional Offices: These are offices established by international companies to manage and coordinate their business in the Middle East and North Africa region.
Dubai Investment and Development Authority and local partners provide comprehensive support to investors at all stages of company establishment and choosing the appropriate legal form.
Basic steps to set up a company in Jebel Ali
Establishing a company in Jebel Ali Free Zone in Dubai requires following specific steps to ensure full compliance with the regulations and laws in force in the zone. This free zone is characterized by the ease and speed of incorporation procedures compared to other areas in the United Arab Emirates, making it a preferred destination for local and foreign investors. The basic steps for Company formation in Jebel Ali:
- Choosing a company name and legal form: The company name must be unique and available, and the legal form of the company must be specified (such as a limited liability company or a public joint stock company).
- Obtaining prior approvals: Establishing a company requires obtaining prior approvals from the relevant authorities, such as the Dubai Investment and Development Authority and the Ministry of Economy.
- Preparing the articles of association and bylaws: The company’s articles of association and memorandum of association must be prepared in accordance with legal requirements.
- Obtaining the necessary licenses: After obtaining prior approvals, the necessary licenses must be obtained from the Dubai Investment and Development Authority, such as a trade license.
- Open a bank account: A bank account must be opened for the company in one of the approved banks in the free zone.
- company Registration: After completing all the previous steps, the company is officially registered with the competent authorities.
Dubai Investment and Development Authority and local partners provide the necessary support and guidance to investors during the stages of establishing a company in Jebel Ali Free Zone.
Documents required to establish a company in Jebel Ali
Documents required to establish a company in Jebel Ali
Establishing a company in Jebel Ali Free Zone in Dubai requires the preparation and submission of a set of basic documents to obtain the necessary approvals and licenses. These documents ensure full compliance with the regulations and laws in force in the free zone, which is characterized by the ease and speed of establishment procedures compared to other areas in the United Arab Emirates. Documents required for Company formation in Jebel Ali:
- Company formation application: Includes information about the founders, the proposed business activity, and other basic details.
- Passport photos of the founders: Passport copies of founders and partners must be submitted.
- Criminal record certificate: Founders and partners must provide criminal record certificates.
- Company Articles of Association: An official document that defines the legal form of a company and the rights and obligations of the partners.
- Policy of the company: Includes details relating to the management and governance of the company.
- Proof of capital: Documents proving the company’s paid-up capital.
- workplan: A document that outlines a company’s business idea, goals, and strategies.
- Founders’ experience certificates: Documents proving the experience and professional competence of the founders.
- Founders’ portraits: Recent photos of the founders.
The Dubai Investment and Development Authority team provides the necessary support to investors during the process of preparing these documents and submitting them correctly.
Cost of setting up a company in Jebel Ali Free Zone
Jebel Ali Free Zone in Dubai is one of the most attractive free zones for companies looking to set up their businesses in the UAE. In addition to the tax benefits and administrative facilities it provides, the process of establishing companies in this zone is characterized by efficiency and speed of procedures. In this context, we will review the costs associated with the process of establishing in Jebel Ali Free Zone.
Costs of establishing a company in Jebel Ali Free Zone:
The costs required for Establishing a company in Jebel Ali area Free depending on the type of activity, size and legal structure of the company. In general, these costs include licensing and registration fees, issuing residence visas for employees, and office and facility costs necessary to conduct the activity. They may also include legal and accounting consulting fees associated with setting up the company.
Carefully studying and planning for these costs in advance is crucial to ensuring a successful and smooth start-up in Jebel Ali Free Zone.
Advantages of Jebel Ali Free Zone for companies
Advantages of Jebel Ali Free Zone for companies
Jebel Ali Free Zone in Dubai is one of the most important free zones in the United Arab Emirates, as it provides a range of investment advantages and incentives that have made it the focus of attention of many international and local companies. In this context, we will discuss the most prominent advantages that this zone offers to companies wishing to establish their businesses there.
Advantages of Jebel Ali Free Zone for companies:
Tax exemptions:
50 year income tax exemption
VAT exemption
No taxes on imports and exports
Freedom to practice economic activities:
Allow 100% foreign ownership
Freedom to transfer capital and profits abroad
Possibility of contracting with contractors and suppliers from inside and outside the country
Advanced infrastructure:
World-class road network and infrastructure
Provides basic infrastructure services (electricity, water, communications)
Access to advanced logistics services
Government support and administrative facilities:
Speed of licensing and establishment procedures
Possibility of obtaining residence visas for employees and their families
Providing advisory and management services to assist investors.
These multiple advantages make Jebel Ali Free Zone one of the best investment destinations in the region, and contribute to attracting more international companies to invest in it.
Types of business activities that can be done in Jebel Ali
Jebel Ali Free Zone in Dubai is one of the most important free zones in the UAE and the world. This zone provides a favorable investment environment for various types of commercial activities, through the incentives and facilities it provides to business owners. In this context, we will review the main types of commercial activities that can be practiced in this free zone. Types of commercial activities in Jebel Ali Free Zone:
- Business Activities and Import/Export: This free zone is an important gateway for global trade, where companies can engage in trade, distribution, storage, shipping and re-export of goods and products. These activities include general and specialized trade in various sectors such as consumer goods, food, industrial products, raw materials, equipment and machinery, and others.
- Industrial and production activities: Jebel Ali Free Zone allows companies to engage in manufacturing, assembling, packaging and packaging activities for various goods and products. These industrial activities include diverse sectors such as electronics, industrial equipment, chemicals, food and beverages, textiles, and others.
- Professional and service activities: Jebel Ali Free Zone attracts various companies specialized in professional and consulting services such as engineering, design, legal, financial, marketing, information technology, etc. These companies can practice their activities through offices and branches established in this zone.
These are the main sectors of business activities that can be practiced in Jebel Ali Free Zone, which provides many advantages and incentives to attract local and foreign investments.
