Jebel Ali Free Zone is considered one of the most prominent industrial and logistics centers in the United Arab Emirates, as it provides an ideal investment environment for local and international companies to develop and expand their businesses. In cooperation with Itqan Company, which specializes in providing consulting and strategic development services, this region is full of diverse opportunities and exciting challenges that make it an ideal destination for investors and entrepreneurs.
In this article, we will explore in some detail what Jebel Ali Free Zone has to offer in collaboration with Itqan, how companies can benefit from its advantages and the challenges they may face. We will highlight the advanced infrastructure, government facilities, and encouraging economic policies that make this region a dynamic business hub in the Middle East and North Africa.
Let’s explore together how cooperation between the Jebel Ali region and Itqan can contribute to fostering innovation and promoting economic development in the UAE and the entire region.
What is the free zone?
The meaning and definition of the word free zone varies depending on the type of free zone, but in most cases the word free zone expresses a geographical area in which goods are preserved, stored, manufactured, traded and re-exported according to a known and specific customs system, but it is not subject to any customs duties. Free zones are also considered entities completely separate from the state’s laws, as they are not governed by the country’s trade laws and do not require a sponsor. Also, the company that is established in the free zone can be owned by a person of another nationality without the need for a partner who is a UAE citizen.
The free zones in Dubai and in the Emirates in general are not subject to the laws that were established by the Ministry of Economy to regulate the commercial activities of companies, as this free zone in Dubai works to provide ownership freedom for businesses, in addition to tax exemption and exemption from any customs duties. These advantages in the free zones make them an ideal destination. It is a supervisor for international companies that carry out many commercial activities. One of the advantages is that opening and establishing a company in Dubai and the free zone does not require the presence of a partner or sponsor who is a citizen of the Emirates.
Jebel Ali area Investment in Dubai is a more than wonderful option for every investor who wants to invest money in the Arab region or the Middle East region in general, due to the advantages and facilities that this wonderful emirate enjoys. If you are a businessman or if you are an investor (non-Emirati) and aim to establish a small, medium, or even a giant company outside the borders of your country, it is great for you to think about heading to Dubai and starting to establish your new activity there.
Establishing a company in Jebel Ali Free Zone
The UAE is distinguished by the fact that it has more than 40 free zones in addition to some areas that are being established. Therefore, establishing a company in a free zone is one of the difficult matters facing the investor, as it is difficult to choose between many areas. Therefore, our company, through its great experience in business management, helps Many investors choose the appropriate free zone for their commercial activity, as it helps in establishing and establishing a company in the free zone in the shortest time and at the lowest costs.
How to establish a company in Jebel Ali Free Zone
Establishing a company in Jebel Ali Free Zone requires following several steps and procedures. Here’s an overview of how:
- Feasibility study: The company establishment process must begin with a careful feasibility study to understand the market and opportunities available in the Jebel Ali region. This includes analyzing the competition and demand for the products or services you wish to offer.
- Choosing the legal form: The appropriate legal form for the company must be chosen, whether it is a sole proprietorship, a partnership, or a limited liability company, according to the business needs and financial orientations.
- Determine the commercial activity: You must determine the scope of the company’s business and the commercial activity that you intend to practice in the Jebel Ali region, and ensure that it complies with the available licenses and local laws.
- Determine the trade name: You must choose a trade name for the company that is consistent with local regulations and legislation, and ensure that it is available and not similar to the names of other companies.
- Preparing the required documents: The documents required to register the company must be prepared, such as legal forms, copies of the founders’ identities or passports, and signing the necessary contracts.
- Submitting the application and registration: After preparing the documents, the application is submitted to the competent local authorities in the Jebel Ali Free Zone, completing the registration process and obtaining the necessary licenses.
- Registration with government agencies: It is also necessary to register with other government agencies as needed, such as the Department of Trade and Industry, the General Authority of Zakat and Income, and others, and adhere to all financial and legal conditions.
- Office rental: The company must provide a headquarters in the Jebel Ali area, whether it is an office or commercial space, and adhere to all controls related to commercial real estate in the free zone.
- Starting a business: After completing all previous procedures, the company can start business in the Jebel Ali Free Zone and work to successfully achieve its business goals.
Tax exemptions available in Jebel Ali area
In the Jebel Ali area of Dubai , United Arab Emirates, some tax breaks and concessions are available to companies residing in the area. Here are some tax breaks available in Jebel Ali:
- Income tax exemption: Companies resident in Jebel Ali enjoy complete income tax exemption for 50 years. This means that no tax is charged on the business profits made by the company.
- Customs Exemption: Companies in Jebel Ali enjoy complete customs exemption on imports of raw materials, components and equipment for use in production and manufacturing.
- Value Added Tax (VAT) Exemption: Some companies resident in Jebel Ali are subject to VAT exemption for certain goods and services, in accordance with current tax laws and legislation.
- Other Exemptions: It may provide certain other exemptions related to government fees, permits, and local licenses.
Laws that companies must adhere to in the Jebel Ali area
In the Jebel Ali area of Dubai , United Arab Emirates, there are laws and regulations that govern the operation of companies and commercial establishments. Here are some of the main laws and regulations that businesses must adhere to in the Jebel Ali area:
- Company Law: The UAE Company Law regulates the formation and organization of companies and commercial institutions, including various legal forms such as local companies, foreign companies, and multinational companies.
- Labor Law: The Labor Law regulates the rights of workers and employees in the Emirates, including contracts, salaries, vacations, working hours, and occupational safety and health.
- Tax Law: There is a tax system in the UAE that includes value added tax (VAT) and income tax. Businesses must commit to registering and filing VAT and income tax returns if they apply to them.
- Free Zone Regulations: There are special regulations governing commercial activities and investments in the zone. These regulations include requirements for licenses, permits, and other legal obligations that businesses must adhere to.
- Intellectual Property Laws: Intellectual property laws in the UAE provide for the protection of intellectual property rights such as patent rights, trademarks, and copyrights. Businesses must comply with these laws and not violate the intellectual property rights of others.
Advantages of establishing a company in Jebel Ali Free Zone
Establishing a company in Jebel Ali Free Zone provides many competitive advantages and opportunities for companies. Here are some of these advantages:
- Advanced infrastructure: Jebel Ali is characterized by an advanced infrastructure that includes high-quality logistical facilities, such as distribution centers, warehouses, and advanced industrial areas, which facilitates supply and distribution operations for companies.
- Freedom of ownership: Jebel Ali Free Zone allows companies to benefit from the complete freedom of ownership of foreign shareholders, allowing them to have full control over the company’s operations and make decisions independently.
- Tax exemptions: Jebel Ali Free Zone offers attractive tax exemptions, such as not imposing income tax on companies for up to 50 years, and not imposing value-added tax (VAT) on some services and products.
- Facilitated registration procedures: Jebel Ali Free Zone facilitates registration and company establishment procedures, which helps speed up the process of starting a business and reduces administrative costs.
- Access to the regional and global market: Jebel Ali is located close to Dubai International Airport and Jebel Ali Port, providing easy access to regional and global markets and promoting international growth and expansion for companies.
- Business Facilities: Jebel Ali Free Zone offers practical facilities such as e-government services and logistical and administrative support, which helps businesses operate efficiently and effectively.
