Some investors would like to know about establishing a company in the Jebel Ali Free Zone because the Jebel Ali Free Zone in Dubai is one of the largest and leading places for business and trade in the Middle East. The region has advanced infrastructure and distinguished government benefits, and is an ideal environment for startups and large institutions alike. In this context, many entrepreneurs seek to establish their companies in the Jebel Ali Free Zone, in order to take advantage of the many opportunities available and the advantages it offers.

Itqan Company represents a living example of the success of establishing companies in the Jebel Ali Free Zone. Our company was established thanks to strategic cooperation between a number of pioneers in multiple fields. The company aims to provide advanced and innovative solutions in the fields of technology, communications, energy and infrastructure, with the aim of improving the quality of life and promoting sustainable development.

One of the main factors that prompted our company to choose Jebel Ali Free Zone is the facilities and flexibility that the zone provides to startups. In addition, the UAE government provides an encouraging business and investment environment, including tax exemptions, fast permits, and simple regulation. These advantages provide “Itqan” with a unique opportunity to grow and expand in a growing and diverse market.

Establishing a company in Jebel Ali Free Zone

Establishing a company in Jebel Ali Free Zone

Establishing a company in the Jebel Ali Free Zone in cooperation with Itqan is considered an ideal strategic step for investors who seek an integrated work environment that supports the growth of their business. Itqan provides extensive experience in managing all procedures and requirements necessary to establish a company, starting with choosing the type of activity and determining the type of company, through submitting the necessary documents and obtaining official approvals, all the way to issuing commercial licenses and renting the office. Thanks to the specialized and integrated support provided by Itqan, investors can focus on developing their business while Itqan handles all administrative and legal details, ensuring that the incorporation process runs smoothly, efficiently and in full compliance with local laws and regulations.

Steps to establish a company in Jebel Ali Free Zone

Establishing a company in Jebel Ali Free Zone (JAFZA) requires following a set of specific steps to ensure compliance with local laws and procedures. Here are the basic steps:

Determine the type of activity and company

1. Selection of business activity: You must determine the business activity that the company intends to undertake.
2. Choosing a company type: There are different types of companies that can be established in JAFZA such as a limited liability company (LLC), a branch of an existing company, or a free company.
3. Filling out the application form: An initial application form must be submitted containing details of the business activity and company type.
4. Initial documents: Submit copies of passports of partners and managers, and an overview of the proposed activity.

Initial approval

1. Application Review: The application will be reviewed by the free zone authority to ensure compliance with laws.
2. Initial approval: If the application is accepted, you will receive initial approval.
3. Company incorporation documents: such as the articles of association and articles of association.
4. Business Plan: Submitting a detailed business plan outlining the company’s objectives and operational plans.
5. Legal Address: A legal address within JAFZA must be provided for the company.

Licenses and permits

1. Obtaining licenses: You must obtain the necessary licenses to practice the specific business activity.
2. Submitting permits: Submitting environmental or health permits if the activity requires it.
3. Company Registration: Company registration in JAFZA records.
4. Payment of fees: Pay the fees required to establish the company, which vary based on the type of activity and the type of company.

Issuance of a commercial license

1. Obtaining the license: After completing all procedures and paying the fees, you will obtain the commercial license that enables you to start business in JAFZA.
2. Choose a location: Choose and rent an office or space in the free zone.
3. Lease Contract: Sign the lease contract and submit a copy of it to the JAFZA authority.
4. Submitting visa applications: Submitting residence visa applications for employees and managers.
5. Residence procedures: Follow up on visa and residency issuance procedures.
6. Starting Operations: After obtaining all licenses and visas, you can start business operations.

Establishing a company in Jebel Ali Free Zone can be a smooth process if procedures are followed and legal terms and requirements are adhered to. It is always advisable to seek the assistance of consultants from Itqan, a leading company in the field of company establishment, to ensure that the process runs smoothly.

Types of companies in Jebel Ali

Papers to establish a company in the free zone

To establish a company in Jebel Ali Free Zone (JAFZA), you are required to submit a set of necessary papers and documents to ensure compliance with legal procedures. Required papers include:

• Copies of passports of shareholders and directors: Clear copies of passports of all shareholders and directors of the company must be provided.
• Business Plan: Submit a detailed business plan that explains the company’s objectives, the activities it will undertake, and future strategies.
• Memorandum of Association and Articles of Association of the Company: A copy of the Memorandum of Association and Articles of Association must be submitted which explains the company’s structure and operating rules.
• Legal address documents: Providing a legal address for the company within the free zone, and it could be a lease contract for an office or commercial space.
• Initial form: Fill out the initial form for establishing the company in JAFZA, which includes basic information about the business activity and the type of company.
• Bank recommendations: Sometimes, the free zone may request recommendations or certificates from the banks with which shareholders deal.
• Special Licenses and Permits: If the business requires special licenses or permits such as environmental or health permits, these documents must be submitted.
• Personal photos: Provide recent color personal photos of all shareholders and directors.
• Copy of the lease contract: If an office or space is rented in the free zone, a copy of the lease contract must be submitted.

These are the basic papers required to establish a company in Jebel Ali Free Zone. Requirements may vary based on the type of company and specific business activity, so it is always a good idea to review the specific requirements and ensure compliance with all required procedures.

Costs of establishing a company in the free zone

Establishing a company in Jebel Ali Free Zone involves a set of costs that investors must consider. These costs include:

1. Registration fees: The cost of registering the company in the free zone records.
2. Commercial license fees: The costs of obtaining a commercial license to practice the specified activity.
3. Lease Fee: The cost of renting an office or commercial space within the free zone.
4. Establishment costs and legal procedures: These include the costs of preparing and documenting the company’s articles of association and articles of association.
5. Residence visa issuance fees: Costs of issuing residence visas for employees and managers.
6. Administrative services fees: These include the costs of administrative services provided by the free zone, such as logistical support and consulting.
7. Infrastructure costs: such as communications, Internet, and electricity costs.
8. Additional costs: Other costs may include such as insurance and special licenses depending on the type of activity.
   It is necessary to communicate with the Itqan Company’s work team to obtain an accurate and comprehensive estimate of the expected costs based on the type of company and required commercial activity.

Types of companies in Jebel Ali

 

Advantages of establishing a company in the free zone