Establishing a company in Jebel Ali Dubai today hosts 24 free zones specializing in various fields, including: aviation, cars, health, information technology, financial affairs, gold and precious stones trade, in addition to commodity trade, printing and production, training, manufacturing, distribution, design, and media.
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ToggleHow to choose the right free zone to set up a company in Jebel Ali
If you are setting up a company in one of the free zones in Dubai, you will need to go to the relevant authority, as the authority varies depending on the type of business the company is operating in.
Learn about the property laws for establishing a company in Jebel Ali
Foreign investors who wish to maintain 100 percent ownership of the company must operate in free zones. Dubai excels in establishing free zones and was the first and leading business destination to follow this concept. Today, Dubai is home to a number of free zones that specialize in specific fields, including: aviation, automotive, academics, design, health, information technology, finance, training, media, gold and precious stones trading, commodities trading, printing and production, manufacturing and distribution.
All these zones offer 100% tax exemption for the company with the possibility of transferring funds without any fees. In some zones, ownership of facilities is permitted and there are no restrictions on the number of business activities a company can operate. However, each zone has its own requirements and offers, and details are available from Dubai FDI.
There are more than 30 free zones in Dubai, and this number is increasing. We will list some of the most popular areas that individuals resort to in order to establish a company in the Dubai Free Zone:
- Dubai Airport Free Zone
- Dubai Design District
- Dubai Healthcare City
- Dubai International Academic City
- Dubai Internet City
- Dubai International Financial Centre
- Knowledge Park in Dubai
- Dubai Media City
- Gold and Diamond Complex
- Dubai Multi Commodities Centre
- Dubai Silicon Oasis
- Dubai Production City
- Jebel Ali Free Zone Authority
- Dubai Production City
- Dubai South
- Dubai Media Production City
- Dubai Studio City
Advantages of a free zone company compared to an offshore company
- The right to obtain a 3-year investor visa for each investor (and his/her dependents)
- Tax status as a domestic resident with the benefit of tax agreements and issuance of a tax residence certificate
- A commercial and economic basis that is very useful in tax planning.
- Physical presence (with headquarters, staff and equipment – allowing so-called “Flexi office” or flexible office with virtual office for a lower annual cost – approx. 1.000 euros per year) in a regulated market / free zone with a local presence among other active companies.
The added commercial basis is also provided if you choose free zones that specialize in the field of our company’s activity (such as a media company operating in the “Media City” free zone, where hundreds of companies are established and operating in this sector). This is certainly better than just a postal address for an empty apartment in Malta or Cyprus.
This option is also ideal if the client wants to move outside the EU and settle in Dubai without paying taxes (non-EU tax resident = currently the best and most effective tax planning).
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.
Establishing a company in Dubai Free Zone
When starting a business in the free zones in Dubai, a number of legal points and steps must be taken into consideration, which are:
- The legal form of the company, whether a company, a branch of a company, or an institution
- Specify the company name
- Choosing a company headquarters within the Dubai free zones
- Obtaining the license and initial approval to practice the work.
Learn about the types of free zones in Dubai
There are two types of free zones in Dubai:
- Free Zone Company – Limited Liability
- Free Zone Establishment
The difference between the two types is in the number of shareholders and their legal status, whether they are natural or legal. Also, each free zone in Dubai includes a set of rules specific to it, and therefore business owners must ensure that the company’s status is consistent with the legal requirements of the free zone in which they wish to operate.
Establishing a company in Jebel Ali
When starting a business in the free zones in Dubai, a number of legal points and steps must be taken into consideration, which are:
- 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 United Arab Emirates 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. Establishing a company in Jebel Ali.
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.
As there are many free zones within the United Arab Emirates, we provide the best services to provide our clients with services that suit their needs and help them obtain the license from the best free zones according to the work requirements from the first step to the end, as we take care of all the details so that the client can focus on his business plan.
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.
Dubai is considered the business capital of the country, which makes it the first destination for investors and businessmen to start their own project or expand their current business. But first, they must determine the type of business and its requirements, then learn the steps to establish a company in the Dubai Free Zone, this emirate that is considered the economic capital of the country.
Dubai Airport Free Zone offers 3 different types of companies that can be established in our offices. Jebel Ali Company Formation Each one offers different options and benefits to suit your specific business needs as you can choose from the types of companies.
Dubai Airport Free Zone offers 3 different types of companies that can be established in our offices. Each one offers different options and benefits to suit your specific business needs. You can choose from:
- Free Zone Establishment (FZE)
Formed by a single shareholder or a company. The minimum capital required is AED 1,000 (USD 272).
- A subsidiary of the company
A foreign company can establish a branch of its existing company in the Dubai Airport Free Zone. No capital is required. Please note that the participation capital is not a fixed deposit.
Jebel Ali Free Zone Authority is the oldest and most respected free zone in the Emirate of Dubai. Companies established in this free zone are allowed to engage in international trade and are also allowed to own real estate in the Emirate of Dubai. Shareholders are allowed for companies.
If the founder leases office space within Jafza, he is entitled to a single director visa. As with all UAE entities, this entity is allowed to own and operate a bank account in Dubai. Jafza allows the founder to repatriate 100% of capital and assets, with no restrictions on foreign exchange or capital movement in or out of the country.
Advantages of starting a business in Dubai free zones
What is a free zone in Dubai and what are the benefits of starting a business or establishing a company in the Dubai free zone? Simply put, free zones in Dubai are economic zones launched by the government and offer:
- Corporate and personal tax exemptions, customs benefits and other incentives for foreign investors
- Dispose of the profits in full without any reduction
- Sole Proprietorship
- No restrictions on cash transactions
- Full exemption from import and export tax
- These special rules and regulations have been laid down by the government for establishing such free zones in Dubai.
In addition to all of the above, it should be noted that opening a business in non-free zones requires a local sponsor who owns 51% of the business activity. Despite the amendment of this law in 2018, many investors prefer to establish a company in the Dubai Free Zone due to the tax benefits mentioned above.
10 facts about Jebel Ali
- Jebel Ali Port is among the ten largest ports in the world.
- Jebel Ali Port is connected to more than 180 shipping lines.
- Jebel Ali Port is connected to 140 ports around the world.
- The container terminals at Jebel Ali Port have 23 berths and 78 cranes to cater to the needs of the world’s largest container ships, with the facility able to accommodate all vessels of any size currently in service or on order.
- Jebel Ali Port is the largest seaport in the Middle East and the flagship facility of DP World’s portfolio of over 65 ports and marine terminals across six continents.
- Jebel Ali Port is also a hub port for more than 90 weekly shipping services, and is ranked as the ninth largest container port in the world.
- Jebel Ali Port has been voted the Best Seaport in the Middle East for twenty consecutive years.
- Jebel Ali Port houses the world’s largest man-made dock.
- Jebel Ali Free Zone is home to over 5,000 global companies.
- The Jebel Ali Industrial Zone features no currency restrictions, no corporate tax, no personal income tax and no minimum capital requirements.