Jebel Ali Free Zone (JAFZA)
Jebel Ali Free Zone is one of the world,s leading and fastest growing free zones. It was established in 1985 and has now spread over an area of 48 sq. km and has housed over 6400 companies, which include Fortune Global 500 from across the world. It has been the frontrunner for the UAE economy.
Legal business structures in Jebel Ali Free Zone:
Business structures for Company incorporation in UAE’s Jebel ALi Free Zone are as:
Free Zone Establishment (FZE):An FZE formation in JAFZA requires a single shareholder.
Free Zone Company (FZCO):FZCO requires minimum 2 to maximum 5 shareholders.
Branch Company:Companies holding a valid registration and license outside JAFZA can apply for the formation of a Branch Company in JAFZA.
Benefits of Company Incorporation in Jebel Ali Free Zone:
- 100% foreign ownership
- No customs duty
- 0% income and corporate tax
- No labor restrictions
- No currency restriction