Establishing a company in Jebel Ali Free Zone

Establishing a company in the Jebel Ali Free Zone, such as Jebel Ali, is considered an important investment step, especially if it is done in cooperation with an experienced company such as Itqan Company. This step is not just establishing a company, but rather an entry into a world of opportunities and challenges in the global business market.

In this article, we will explore the process of establishing a company in the Jebel Ali Free Zone, such as Jebel Ali, and we will shed light on the role of Itqan Company in facilitating this process and providing the necessary support to ensure the success of this project. We will also discuss the strategic benefits of choosing a free zone as a company location, and how to best exploit these benefits.

By reviewing the procedures and requirements necessary to establish a company in Jebel Ali Free Zone , and analyzing the potential benefits and challenges, the reader will be directed towards a comprehensive understanding of this process and how to make the most of it.

 Procedures for establishing your company in Jebel Ali 

Here is an overview of the basic procedures that must be followed to establish your company in the Jebel Ali region:

1. Choosing the type of company: You must first determine the type of company you want to establish, whether it is an individual company, a limited liability company, a one-person company, or other, according to your needs and business goals.
2. Determine the company name and ensure its availability: You must choose an appropriate name for the company and ensure that it does not conflict with the names of other companies already existing in the region. Then a request to reserve the name must be submitted to the relevant authorities.
3. Defining the business: The scope of the company’s business activities must be determined and ensure that they are compatible with local laws and regulations.
4. Identifying the shareholders and the percentage of each of them: If the company is a joint-stock company, the identity of the shareholders and the percentages of their shares in the capital must be determined.
5. Arranging legal documents: The necessary legal documents for establishing the company must be prepared, such as company contracts, terms and conditions, and other agreements.
6. Submitting the application to register the company: After all the documents are prepared and prepared, the application must be submitted to register the company with the relevant authorities in the Jebel Ali region, and the required fees must be paid.
7. Obtaining the necessary licenses and permits: The company may need to obtain specific licenses and permits depending on its business activity, such as an operating permit and building permits if the company works in the construction field.
8. Opening a bank account for the company: A bank account must be opened in the name of the company to manage the company’s financial and commercial operations.
9. Tax, health and social insurance insurance: You must ensure that the company complies with all local tax, insurance and social obligations.
10. Employing the necessary employees: If necessary, the employees necessary to successfully operate and manage the company must be employed.

Establishing a company in Jebel Ali Free Zone

If you are seeking free zones for limited liability companies to provide a flexible structure for companies and individuals alike, and provide a very easy process for establishing and operating companies within just a few days, as this process can be completed remotely, and foreign investors are not required to come to the UAE in person to establish New company.

Launching companies in Dubai has become easier, faster and easier than ever before, in line with the vision of the Dubai Department of Economic Development to help company owners launch and expand their businesses without the need for lengthy processes and procedures.

There are also two entities in Dubai for licensing companies: the Department of Economic Development, which is the only destination for registering establishments and companies within Dubai on the one hand, and more than 20 free zones on the other hand. Both entities within Dubai and in the free zones provide different benefits to owners of economic establishments according to the type of economic establishment and its activities. .

When a client desires to establish an economic facility (institution or company) in the Emirate of Dubai, he must register with the Department of Economic Development, which is responsible for registering and licensing institutions and companies in the Emirate of Dubai. If there are any inquiries at any stage of obtaining a commercial license, please contact us. So that we can provide support and advice.

Some economic activities have characteristics that do not depend on the legal form or type of activity like other activities, but they have some laws that regulate them by the department or the authorities that regulate the activity itself, which are: –

1- Activities of the Department:​

• These are activities that cannot be a LLC
• It takes a legal form as a sole proprietorship, a civil business company, a branch of a Gulf company, or a branch of a foreign company.
• The manager or license holder must be enrolled in the consultant qualification program at the American University in Dubai.
• The manager of foreign companies wishing to engage in consulting activity must be enrolled in the consultant qualification program at the American University in Dubai .

2- Engineering activities of Dubai Municipality:

• These are activities related to the engineering field only.
• These are activities that cannot be a LLC.
• It takes legal form as a sole proprietorship or civil business company only.
• The parties to the license, whether owner/partner/manager, must have a university degree in the same field of desired engineering activity.
• It does not require appointing a service agent for engineering activities.
• Foreign engineering consulting offices can open branches without the need to appoint a company agent.​

3- Legal consulting activities:​

• The approval of the Legal Affairs Department must be obtained before obtaining initial approval and the trade name from the Department.
• Foreign legal consulting offices can open branches without the need to appoint a company agent.

4- General trade activities:​

• Many types of commercial activities that do not require the approval of other parties can be practiced through this activity and in one place, and it does not include activities that need the approval of external parties except after obtaining a no-objection from those parties. Example: jewelry trade, newspaper and magazine trade.
• General trade activity can include all direct commercial activities if approved by other relevant authorities. Example: General trading activity can include the activity of trading telecommunications devices upon obtaining the approval of the Telecommunications Regulatory Authority.

5- Investment activities:​

• The company cannot take the legal form of a “sole proprietorship”.
• Branches can be opened with all types of professional, commercial, industrial and tourism licenses, provided that they are branches of the parent company.
• It is not permitted to engage in any economic activity through this activity, but rather own shares in other companies or open branches.
• The word “Group” or “Holding” can be used for the trade name of this activity.

6- Management activities of companies and institutions:​

• ​This activity allows the management of any company or institution affiliated with one person, provided that it has no less than 3 licenses
•       It is not permitted to manage companies or institutions belonging to others
•      The word group can be used in the trade name, for example: BNP Group
• The activity of managing companies and institutions is for citizens of the United Arab Emirates.

Benefits of establishing a company in a free zone

Establishing a company in a free zone can provide many benefits, including:

• Tax exemptions: Freedom zones may provide tax exemptions on profits or income for companies located there, which reduces the financial burden on the company and increases its profitability.
• Ease of international trade: Freedom Zones provide a flexible and easy trading environment for companies wishing to trade internationally, where goods can be imported and exported without the restrictions and complexities common in traditional markets.
• Less bureaucracy: Bureaucratic procedures in freedom zones are usually less complicated and less time consuming compared to traditional markets, making it easier to set up and manage a company.
• Access to a global market: With its advantageous location and flexible business policies, Freedom Zones may facilitate access to a global market and expand business and distribution.
• Freedom of ownership: Freedom zones may provide laws that allow freedom of ownership for foreign investors, which encourages foreign investment and increases diversification in the local economy.
• Modern Infrastructure: Freedom zones are usually equipped with modern infrastructure, such as ports, airports, roads and communications, which facilitates transportation and distribution and reduces logistical costs.
• Labor and labor facilities: Freedom zones may provide companies with facilities in labor laws and labor recruitment, which increases the flexibility of company management and reduces administrative costs.
• Innovation, research and development: Freedom zones may encourage innovation, research and development by providing a suitable environment for investment in these areas.

Licenses necessary to establish the company in a free zone

The licenses required to establish a company in a free zone vary depending on the country, the exact type of company and the activity it carries out. However, here is a general list of some common licenses and approvals you may need when establishing a company in a free zone:

1. Company License: This license includes establishing the company as an officially recognized legal entity.
2. Work permit: This permit may be required for every employee working in the company, whether they are local citizens or foreigners.
3. Economic activity licenses: There can be specific licenses to conduct certain types of economic activities, such as manufacturing or financial services.
4. Building and real estate permits: If a company needs buildings or space to operate, it may need special building permits.
5. Health, Safety and Environment Licenses: These licenses may be necessary if the company handles hazardous materials or affects the environment.
6. International Trade Licenses: If a company intends to import and export, it may need special licenses for international trade.
7. Trademark and patent licenses: If a company relies on trademarks or innovations, it may need special licenses to protect its rights.

By concluding this article about establishing a company in Jebel Ali Free Zone in cooperation with Itqan Company, we can clearly conclude that this step represents an exciting opportunity for entrepreneurship and expansion of business activities in the developed Jebel Ali region. Thanks to investing in this partnership with Itqan, investors can benefit from the advanced infrastructure and distinguished government facilities in the free zone, which enhances the chances of success and future growth of the company. By employing advanced technology and strategic knowledge, an established company can achieve positive results and contribute to strengthening the local and global economy. Cooperation with Itqan Company represents an important step towards building a promising future for the company and for society as a whole in the Jebel Ali region.