Being the oldest as well as the largest business network in UAE, Jebel Ali Free Zone (JAFZA) has its great value. Due to its great strength and strategic location, since its establishment, it has expanded to a huge extent.
Opportunities and facilities
Company formation in JAFZA can help the companies and entrepreneurs in seeking great success and growth in very less time. This is because it possesses all the facilities that would be enough for you to make your business nothing but a success.
Great infrastructure
JAFZA is the first free zone in Dubai which make it even more special for the people. The infrastructure here is remarkable which make people get attracted towards it greatly. It helps in nurturing the business in a very efficient way. It provides all that it needs to make a business run in a tremendous manner.
Foreign company formation in JAFZA
Not just that there are perfect opportunities for the people but also great benefits in order to appeal to people towards JAFZA. It has incentives for the workers and tax exemptions for businesses to not fear taxations.
Set up a company in JAFZA
By the passage of time in JAFZA Business setups are increasing day by day.The best thing about JAFZA is that you can form your company here in a very easy and fast manner. This makes the business setting procedures very efficient for foreigner investors. All that a person needs to decide what type of company structure it plans to start. After deciding on that, the person would need to complete all the necessary documentation and other business operations. All of these tasks will not take too much time and money.
Requirements for company formation in JAFZA
- 2 to 5 shareholders are required for a free zone company formation in JAFZA
- One shareholder is required for a free zone establishment
- Branch offices seeking expansion can also be opened.
So, you will not have to go through complex documentation for a business set up in JAFZA. Variations exist on company format.
Documents required;
Application form for setting up a business
Make sure to enter all the required details in the application form and attach all the documents accurately. Any mistake may lead to the delay of company formation procedure
Application form for Environmental health and safety
You must ensure that the activities you will carry out will not harm the environment in any way
Submit the Passport copies
Make sure to submit the shareholder’s, secretary’s, and manager’s passport copies to the authorities
The portrayal of the activities of the company
Give a description of your business activities so that t may become clear to the authorities about what you will serve
Article of Association of the company
You must have enough knowledge about the business set up rules and regulations so that you may adapt to the business environment comparatively earlier. It might seem difficult but is actually not. You can also seek help from business consultants in JAFZA. FAR Consulting Middle East will help you in locating your office in the most desirable place so that you may achieve what you desire.
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