Thinking about setting up a new business in Dubai but do not like the idea of having a local sponsor? Then the Free zone jurisdiction is the best option for you.
Dubai alone has more than 20 Free Zones in the Emirate that range in a wide variety of activities.
Most of the Free Zones are located near seaports or airports to facilitate imports and re-exports which are the most popular business activities in the Free Zones in Dubai. For example, Jebel Ali Free Zone (JAFZA)is located atJebel Ali Sea Port. The area was founded in 1985, the trade catalyst has evolved into a unique trade ecosystem that reduces cost while enabling new opportunities for growth.
Why Jebel Ali Free Zone?
JAFZA offers several legal forms that enable customers to incorporate their company to suit their respective business requirements.
The legal forms available to Register a Company in JAFZA are:
- Free Zone Establishment (FZE)
- Free Zone Company (FZCo)
- Public Listed Company (LLC)
- Branch of a Company.
The type of Free Zone license you require to incorporate will be based on the business activities you intend to undertake. JAFZA offers three main categories of activity and license: Trading, Service, and Industrial
JAFZA Free Zone is ready to offer customized facilities specially designed to meet a variety of business needs. Such as,
- Plots of land
- Business park
- Retail outlets
- Customized development solutions
There are only few simple steps to incorporate your company in JAFZA:
- Selection of activities
- Identifying the legal form
- Selecting suitable office space/virtual office agreement
- Application submission and remittance of appropriate payment
- Registration of Company
- Receiving the license and other incorporation documents
If you decided to set up your company in JAFZA Free Zone, ensure that you are fully prepared to proceed with it. Getting advice from experienced business consultants can also help you make sure that your business is on the right track. They will help you to identify the right solution according to your business requirement, liaise with the Free Zone authorities on behalf of you and complete the incorporation procedure without any hurdles. At ADAM Consulting, our team is skilled in all areas involving business setup in the UAEFree Zones. We can help you to incorporate your business through a hassle-free and affordable process.
Author of this article Olga Kononova is a Business consultant at ADAM Global. She has got experience in incorporating Companies in all major UAE Free zones, Dubai Economic Department and different Offshore Jurisdictions. She also helps Companies outside UAE to start their Branches and Representative Offices in UAE.
For detailed information, professional advice, and cost-effective assistance to start a business in Dubai or anywhere in the UAE. Contact us today!
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