History and background of JAFZA
Jebel Ali Free Zone (JAFZA) was established in 1985 and is one of the oldest and largest free zones in the United Arab Emirates (UAE). It is located in the Jebel Ali area in the western region of Dubai and is home to over 7,000 companies worldwide. JAFZA was established to create a hub for international trade and investment in the UAE. Jebal Ali Free Zone Company Setup Cost The free zone offers a range of benefits to companies operating within its boundaries, including 100% foreign ownership, tax-free profits and imports, and access to a global trade and transportation network.
Over the years, the JAFZA Jebel Ali free zone has undergone significant expansion and development. It has become a central hub for business and trade in the region and is home to various industries, including manufacturing, logistics, and retail. In addition to its business and trade-focused activities, JAFZA has many amenities and facilities, including logistics and distribution centers, offices, warehouses, and exhibition and conference centers. Today, JAFZA is an essential contributor to the economy of Dubai and the UAE and is seen as a critical driver of economic growth and development in the region.
100% foreign ownership: Companies operating in JAFZA can be wholly owned by foreign investors, invalid in many other parts of the UAE.
Tax-free profits and imports: Companies operating in JAFZA are exempt from corporate and personal income taxes for their employees. In addition, they can import raw materials and other goods without paying customs duties or tariffs.
Access to a global trade and transportation network: JAFZA is home to some ports, including the largest container port in the Middle East, and is connected to a global trade and transportation network. It is an ideal location for companies involved in international trade.
Quality infrastructure and facilities: JAFZA provides high-quality infrastructure and facilities to companies operating within its boundaries, including logistics and distribution centers, offices, warehouses, and exhibition and conference centers.
Professional support: JAFZA provides various support services to companies operating within the free zone, including legal and financial advice and assistance in setting up and operating a business.
Proximity to major markets: Dubai is located at the crossroads of East and West, making it an ideal location for companies looking to access significant markets in the Middle East, Africa, and South Asia. JAFZA is well-positioned to take advantage of this strategic location.