www.dubaibusinesskey.comabel Ali Free Zone Dubai business Hub offers trading, manufacturing and service companies a unique opportunity to do business in Middle East with zero tax and unbeatable business incentives. Situated at the crossroads between East and West, Jafza is an ideal warehousing, distribution and industrial hub providing access to a market of over two billion demanding consumers.
The Free Zone is built around the largest man-made port in the world, and over hundred square kilo meters. Pre-facilities for office space are available for lease, as are warehouses for storage distribution. And manufacturing. Plots of land are also available, and clients may construct purpose built facilities. Storage space in the cold and cool stores, open storage areas and ultra-modern cargo handling equipment can be hired.
Jafza currently has over 5800 companies. Jafza has started to execute an expansion project to increase the number of facilities for potential customers. 50 square kilo meters in the south area is being development at a cost of around 2 billion. Selected industrial companies producing and exporting superior goods will occupy this zone. The new expansion is vital to accommodate clients waiting facilities and to boost trade, container and cargo operation creating a world class and the most efficient business hub. Jafza Dubai Port Authority (DPA) and Dubai Customs have merged into inextricably linked corporation called the ports, customers and Free Zone Corporation. They are led by a chairmen and share strong, symbiotic relationship. The Free Zone is built around the DPA’s jebel Ali terminal. Enabling customers to take full advantages of the ports ISO – certified container and general cargo operation. Specialized unloading facilities and purpose-built storage such as the cool and cold stores are also at the disposal of Free Zone companies. Jebel Ali terminal offers efficient cargo handling, and with rates among the lowest in the world. The logistic and economics of export are very good. DPA is entering a new and exciting area of expansion at Jebel Ali Port, when complete, the expansion of port will offer, extra three major terminals and total of 82 berths equipped with state of the art large cranes to effectively handle business growth at Dubai Ports. This will enable DPA to handle over 21 million TEU’s (20 feet equivalent nits).
JAFZA LOCATION IN DUBAI
In Addition to a surrounding gulf corporation council countries- Saudi Arabia, Kuwait, Qatar, UAE, Bahrain and Oman-The markets of the CLs, Indian sub-continent, Africa Europe and the far East can also be reached very cost effectively from Jafza, via Jebel Ali Port. No media major market in the Middle East is more than 24 hours’ drive away. No major port in a region is more than 48 hours away by ship. Europe is 12 days away, Japan is 15 days away, and south East Asia is just 7 days away.
Dubai International Airport and its air cargo terminal are just 25 minutes away by road. The new Jebel Ali International Airport, which is located adjacent to Jafza, will provide the most efficient logistical Sea-Air link for Cargo.
Jafza has been developed to attract businessman who are accustomed to certain levels of quality and efficiency. The zone is served by a modern, purpose–built infrastructure. Abundant low cost energy supplies make it extremely cost effective to run a business from there. Most importantly, client’s wills appreciate the simple administrative procedures. Application for a new company wishing to locate to Jafza, Dubai business Hub, can be processed within two working days, and the client can choose to build on a vacant site, select from pre-built units or lease high and medium rise building-whatever suit their needs.
• Supportive and on -site business environment including; bank customs, chamber of commerce, medical Centre etc.
• World class multimode logistics hub
• Staff accommodation
• Customers service support; advice on business matching, delegation
• Location advisor and desirable industrial sites. The largest and most diversified industrial and distribution zone
• Accessible market proximity and fast flow of goods with access to DPA services
• Drivers business community profile
• Market access to over 2 billion consumers
• Owned premises on electronic portal for acquiring service
• Leasing facilities (Office, Light industrial unit, Warehouse, land)
• Strong partnership with government and business leaders dedicated to a business success
Unique staff accommodation and community housing: Jafza staff accommodation has been specially designed to create a peaceful and attractive environment for multi nation staff, with a wide range of amenities and facilities. Abundant energy supplies, including industrial waste and water, make it extremely cost-effective to run almost any type of business from Jafza. High quality pre-built facilities that can be modified to suit individual requirements. Plots of land are available for lease on which companies can construct their own facilities.
ACTIVITIES ALLOWED BY FREE ZONE
Any activity may function in Jafza after the approval of the Environment, Health, Safety, and Security Department (EHSS)
Most of the Jafza–based companies fall under the activity heading of Trading, Manufacturing and Services industries. In order from most to least numerous, companies in Jafza come from the Middle East, Europe, the Indian Sub-Continent, Americas, Far East, Africa and others.
TRADE LICENSE
Issued to companies established within the free zone or legally incorporated outside the U.A.E who wish to conduct business with in the free zone in the field of trading, importing and exporting. In such cases, a license by the economic department or any other authority is not required and ownership of the company’s capital may remain 100% foreign.
INDUSTRIAL LICENSE
A license issued to companies established in the Free Zone or legally incorporate outside the U.A.E and who wish to conduct industrial production activities such as manufacturing, canning, and packaging re-assembly. Other Conditions applying to trade license are applicable to industrial licenses.
SERVICE LICENSE:
A license issued to companies established within the Free Zone or registered either within or outside the U.A.E. The share capital of the company must be at least 51% GCC and the value added to the products manufactured in the Free Zone must amount to minimum of 40 % of the sale value.
NATIONAL INDUSTRIAL LICENSE
This is a license issued to companies established within the Free Zone or registered either within or outside the U.A.E. The share capital of company must be at least 51% GCC and the value added to the products manufactured in the Free Zone to a minimum of 40% of the sale values
This license provides the holder the same status as local or GCC companies inside the U.A.E. Holding a national trade license qualifies for custom duties exemption on their products with the exported to other GCC states. The authority undertakes the administrative negotiation needed to obtain industrial registration with the U.A.E Ministry of Finance and on behalf of the company.
ESTABLISHING A JAFZA-BASED COMPANY
Setting up a company in JAFZA is simple and the procedure is steam lined, quick and hassle free. To qualify for establishing a branch of an already established company, you merely need to either have a company already registered in U.A.E or overseas – including offshore companies.
If u is a new company, you could register a legal entity or company in JAFZA by applying and completing some simple but essential documentation, a separate legal entity called the Free Zone Establishment (FZCO) with limited liability can be formed with its head quarter in JAFZA. Its affairs are completely separate from those of its shareholders. It can have its own board of directors and its own bank account. For instance, since it is independent of its shareholder (individual or non- individual), it can retain its profits. This plays an important role in international business planning.
DOCUMENTS REQUIRED FOR REGISTRATION
Logical documents required for establishing a branch company
1. Certificate for registration of the company and original certification of good standing of the company. Both must be attested notarized)
2. Memorandum and articles of association of the company (Attested and non-notarized)
3. The company bored resolution calling for the establishment of the branch in jafza and guaranteeing full financial commitment AND Appointment of negotiator or legal Representative (together with point 3) (power of an attorney)(spice men of signature)(Passport Copy) (Notarized)
4. 1.Appointment letter of manager of representative specimen of signature(passport copy) (Notarized)
Note:
• 1. Jafza reserves the right to call for any extra documents if necessary or ask for attestation by the UAE Embassy or consultant.
• 2. The documents should be notarized and attested by the embassy or consulate or any Arab embassies if necessary. Some documents can be notarized at JAFZA
• 3. Each legal document has to be sealed, if more than one page is submitted.
List of documents required for formation of free zone establishment (FZE)
a. Individual Applicant
1. Application’s personal details, Education or business background. Specimen of applicant’ signature and valid passport copy. the original banker’ reference Notarized
2. Appointment of the Negotiator or legal representative(optional)
Power of attorney
Specimen of signature
Passport copy Notarized
Notarized
Notarized
Copy
b. Non – individual applicant
1. Certificate of registration of the company or original Certificate of good standing of the
Memorandum &article of association. Attested/Notarized
Attested/Notarized
2. 2. Board resolution calling for the establishment of a FZE/FZCO and appointment of the following:
Appointment of the negotiator
Or legal representative manager Specimen of the signature+ passport Copy
Directors and specimen of signature + passport copy.
Secretary and specimen of signature + passport copy Attested/ Notarized
Notarized
Notarized
Notarized
Note:
• 1. Jafza reserves the right to call any extra documents if necessary or asked for attestation by the U.A.E Embassy or consulate. Some documents can be notarized in Jebel Ali
• 2. Each legal document has to be sealed, if more than one page is submitted.
List of Documents required for formation of the free zone company (FZCO)
a. Individual Applicant
Applicant’s personal details e.g.–valid passport profile. Notarized
Specimen of applicants signature Notarized
Valid passport copy Notarized
The original bankers reference Copy
Appointment of the Negotiator or Legal Representative(optional) Copy
Power of attorney Copy
Specimen of signature Notarized
Valid passport copy Notarized
b. Non Individual Applicant
Certificate of registration of the company or original certificate of good standing of the company. Notarized
Memorandum & Article of Association. Attested/Notarized
Board Resolution of the non-individual calling for the establish of the FZ company in jafza. Attested/Notarized
Appointment of the negotiator or legal representative. Attested/Notarized
Power of attorney. Attested/Notarized
Specimen signature Attested/Notarized
Valid passport copy Copy
FZCO Board of directors(for individual & Non individual)
Appointment of the following:
Applicant’s personal details e.g.–valid passport profile. Notarized
Manager& specimen of signature+ passport copy Notarized
Directors & specimen of signature passport copy Notarized
Secretary & specimen of signature passport copy Copy
Note:
• 1. Jafza reserves the right to call for extra documents if necessary or ask for Attestation by the U.A.E Embassy or consulate.
• 2. The documents should be Notarized & Attested by UAE Embassy or Consulate or any Arab embassies if necessary.
• 3. Each legal document has to be sealed, if more than one page is submitted.
TYPES OF COMPANIES LEGALLY PERMITTED IN THE ZONE
• Overseas branch
• Local branch
• Free zone Establishment
• Free zone Company
Application Process Obtaining a license and jafza facility
Applicant Jafza
Submits Application for license from Review application from and documents. Proves/rejects application. Inform clients of decision
Rejection or provisional approval) in case of provisional approval, asks for legal documents to be submitted. Also send prospective company specimen,
Submits legal documents. lease agreement, personal secondary agreements free zone rules and the copy of the implementing regulation(for FZE or FZCO only)
Sign Performa lease Agreements. Prepares and dispatches Performa
Lease Agreement
Sign lease agreement. Prepares lease and personal secondary agreement and informs The company(Notification letter)
Client to sign the lease and pay the dues. Invoice client. Prepares lease and personal secondary agreement and informs The company(Notification letter)
Males payments as per Notification letter Prepares License
Registering ’Free zone establishment (FZE) or’ Free zone company’ (FZCO)
Submits Application for license from If Application for License is approved, jafza asks for legal documents required for FZE or FZCO formation.
Submits legal documents. Check legal Documents. Send approval letter together with a letter to a local bank and the postal authority for opening of the bank accounts to deposit the required share capital and obtaining registered address respectively.
Deposits the required share capital (minimum DHs 1 million for FZE, or minimum Dhs.5000,000 for FZCO in the bank and pays jafza the Dhs. 10,000 towards FZE or Dhs 15,000 towards FZCO Registration charges Issues the certificates of formation and share certificates.
Bank Account Assistance
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