Practical benefits at Jebel Ali Free Zone (Jafza)

February 18, 2020

Today, Jafza is the home to 7,500 companies and customers including 100 of the Fortune 500 companies. Some facts you would love to know about one of the biggest Free Zones in UAE.

All it takes is one day to get your license and get all other formalities over with at Jebel Ali Free Zone (Jafza) with 100 per cent ownership. The leasing spaces rates for offices and warehouses are very economical. The port is near and trailers doesn’t take time to clear the consignment. If you own an industrial license in Jafza, you don’t even have to pay manufacturing duty. In accordance with the GCC law, if the product being manufactured in GCC it is exempted from duty and it can be any product.

Types of licenses Jafza provides:

• Free zone establishment (FZE) and Free zone company (FZCO): FZE and FZCO applicants can avail of Jafza’s unique offer of forming a company as a separate legal entity for many reasons.
• Branch company: Companies having valid registration development and license outside Jafza can apply
• Special status non-resident offshore companies: Jafza, under Jebel Ali freezone companies regulations 2003, allows the formation of an offshore company by a foundation, individuals or corporate bodies, as a non-resident company, having a corporate legal entity.