JAFZA Jebel Ali Free Zone Authority All you need to know

2. JAFZA / Jebel Ali Free Zone Authority JAFZA / Jebel Ali Free Zone Authority All you need to know All you need to know JAFZA / Jebel Ali Free Zone Authority is one of the most glorified free zones in the whole United Arab Emirates, which contributes 23.8 percent to Dubai’s GDP and provides livelihood to 135,000 people. At JAFZA, there are more than 7000 established companies. Out of those seven thousand Jebel Ali Free Zone companies, approximately a hundred hold position amongst Fortune Global500.

3. JAFZA Company Formation JAFZA Company Formation JAFZA provides you direct access to a market that holds more than 3.5 billion customers. If you set up your business in JAFZA, it will help you togrow your globalpresence. There are several elements of a company, but the JAFZA free zone has strived to simplify things for investors. It has primarily bifurcated aspects of a company into three major parts, which will help an investor to start and run his company in JAFZA: 1. Formation 2. License 3. Activity

4. Types of companies you can set up in JAFZA Types of companies you can set up in JAFZA Free Zone Establishment (FZE) Free Zone Establishment (FZE) When a Free Zone Establishment (FZE) company formation takes place in Jebel Ali Free Zone, the owner can be a person or a company. It’s a limited liability company and has its rights, capacity, and privileges. The interesting thing about an FZEis, it allowsa single shareholdertoown the company. Free Zone Company ( Free Zone Company (FZCo FZCo) ) Free Zone Company (FZCo) is suitable when there are going to be multiple shareholders up to fifty. An individual or a company any of them can be a shareholder. It is a limited liability company that providessurety to the individualssetting up the company.

5. Types of companies you can set up in JAFZA Types of companies you can set up in JAFZA Public Listed Company (PLC) Public Listed Company (PLC) An individual can’t own a Public Listed Company (PLC). It must have two or more shareholders and need to have the shares on a stock exchange as per the market rules and regulations. As it is a Public Listed company, it providessecurity by limiting the liabilities of a company. Branch of a Company Branch of a Company The parent company has 100% ownership of the branch of the company. Therefore, it works under the same name and conducts the same business as the parent company. Any company which is established outside Jebel AliFree Zone can setup a branch company at JAFZA Dubai.

6. Different Activities and Type of Licenses Different Activities and Type of Licenses Trading Activity in JAFZA Trading Activity in JAFZA When a business requires conducting tradingrelated activities, it can get Tradingor General TradingLicense. Service Activity in JAFZA Service Activity in JAFZA Thecompanies which only deal withservices require getting a service license. Industrial Activity in JAFZA Industrial Activity in JAFZA Under this, activities related to manufacturing come, which need to perform the export, import, manufacturing, and logistics-related activities.

7. Types of Licenses Types of Licenses Trading License Trading License In this license, you need to specify the products which you are going to import, export, or distribute. You will only be able to conduct these activities after getting the license. If an item is not specified on the license, conducting these activities willnot be allowed. General Trading License General Trading License For getting permission for a broader range of activities and products, one needs to get a General TradingLicense.

8. Types of Licenses Types of Licenses Industrial License Industrial License The Industrial License is required when you require the manufacturing of products. This license allows the import of raw material, undertaking manufacturing activity, and export of finished goods. One needs to specify the raw materials that he has to import and products that he intends to manufacture and export. National Industrial License National Industrial License It is a unique license which is not provided according to the activities and products, but according to the company’s ownership. It is provided to the manufacturing companies, which at least own 51 percent GCC (Gulf Co-operation Council) ownership.

9. Types of Licenses Types of Licenses Logistics License Logistics License There are various services associated with logistics, and if you wish to conduct them in JAFZA Dubai, you first need to get Logistic License. This license will allow you to perform storage, distribution, forwarding, inventory management, transportation, etc. activities. E E- -Commerce License Commerce License Most of the companies in today’s world have an e-commerceplatform to boost their sales. If you conduct any buying and selling activities online in Jebel Ali Free Zone, you need to have an e-commerce license that providesyou itspermit.

10. Steps to Register a Business in JAFZA Dubai Steps to Register a Business in JAFZA Dubai Submission of Application Submission of Application As it is in any process, the submission of the application form is the first task to take into consideration. While setting up a business in JAFZA Dubai, one needs to submit the application as well as documents for verification. One also needs to take approval from the various government bodies for the activity the business is going toperform. Besidesthat, tradename registration is alsoconducted in thisstep Product Selection, Company Registration, and making the payment Product Selection, Company Registration, and making the payment It is necessary that first, you select the products and services with which your business is going on the deal. Then sign andattest memorandum along with the articles of association

11. Steps to Register a Business in JAFZA Dubai Steps to Register a Business in JAFZA Dubai Receive License and Products Receive License and Products Finally, you will receive the product key from JAFZA. You need to register on Dubai Trade Online Portal and activate your account.

12. Benefits of setting up a business at JAFZA Benefits of setting up a business at JAFZA Easilyset up a JAFZA Companyin the quickest possible time • No restriction on CapitalRepatriation • 0% import or re-export duties • 0% personal income tax • No currency restriction • No restriction on employees andforeign talents • On-site customs • Completely own the company; no local sponsorrequired. • 0% corporate tax for fifty years and get a renewable concession • on it Ability to mortgage the premises (minus the land) as a security for the borrowing needs. •

13. Know about JAFZA’s properties and solutions Know about JAFZA’s properties and solutions JAFZA One JAFZA One- -A unique commercial complex A unique commercial complex The JAFZA One is located in the heart of JAFZA and known as the one-stop solution for requirements. It has more than 100 offices and a total leasable area over 100,000 square meters. fulfilling comprehensive Plots for constructing own facility Plots for constructing own facility A wide range of plots is available in JAFZA with different sizes. It is suitable for companies which require constructing their own facilities. The plots have road infrastructure ready, and you get electricity, water, and telecommunication services with the leased land.

14. Know about JAFZA’s properties and solutions Know about JAFZA’s properties and solutions Warehouses Warehouses The warehouses offered by JAFZA are suitable for the industries which require huge storage areas. The warehouse has inbuilt offices and has basic as well as advanced level facilities such asramps,loading dock, fire exits, etc. Showrooms with alluring infrastructure Showrooms with alluring infrastructure You get additional space at the rear end of the warehouse, having a glass façade that can be used as a showroom. All the showrooms are air-conditioned and are available in a wide range of sizes.

15. Know about JAFZA’s properties and solutions Know about JAFZA’s properties and solutions Offices delivering efficient work environment Offices delivering efficient work environment JAFZA Dubai offers unfurnished offices that have state-of-the- art spaces suitable for any company to customize the office as per their requirements. It provides flexible leasing solutions where you can rent a floor or choose to rent the complete building. Depending upon the company’s needs, the offices of various sizes are offered to have a range from 25sqmto 5000sqm. Retail Outlets at prime locations Retail Outlets at prime locations There are retail outlets spread all across the free zone for people working as well as living in JAFZA. From the retail outlets, you can directly sell your products to the people and reach the market. There are specific food outlets available for rent, having different sizes, anda variety of locations.

16. Know about JAFZA’s properties and solutions Know about JAFZA’s properties and solutions On On- -site residence with premium facilities site residence with premium facilities JAFZA is designed with futuristic thinking, and for that reason, a huge accommodation facility is included in JAFZA, where 10000 rooms are made available. These have all the basic amenities suitable for your employees, providingthem perfect work-life balance.

17. JAFZA Company Formation : FAQs JAFZA Company Formation : FAQs What are the key sectors of the Jebel Ali Free Zone? What are the key sectors of the Jebel Ali Free Zone? a) Key sectors of Jebel Ali Free Zone are: b) Logistics c) Automotive and spare parts d) Food andagriculture commodities e) Petrochemicals f) Retail & E-commerce

18. JAFZA Company Formation : FAQs JAFZA Company Formation : FAQs What are the essential documents that need to be provided What are the essential documents that need to be provided by all the applicants for setting up a business in JAFZA? by all the applicants for setting up a business in JAFZA? Every individual has to provide the following documents for JAFZA CompanyFormation: • JAFZA application form • Project plusshareholder(s)summary • No Objection Certificate from the local sponsor, applicable toUAE resident only • Environment Health and Safety (EHS) application form Passport/Emirates ID copy of manager, directors, and secretary

19. JAFZA Company Formation : FAQs JAFZA Company Formation : FAQs What are the official fees for various licenses in JAFZA Dubai? What are the official fees for various licenses in JAFZA Dubai? Fees for various licenses are asfollows: • Trading License – Type 1 (7 products max from one group) : AED 5,000 pa • Trading License – Type 2 (12 products max from two groups) : AED 8,500 pa • General Trading : AED 15,000 pa • Service License : AED 5,000 pa • Logistics License : AED15,000 pa • Industrial License –Type 1 (7 products max from one group) : AED 5,000 pa • Industrial License – Type 2 (12 products max from two groups) : AED 8,500 pa

20. JAFZA Company Formation : FAQs JAFZA Company Formation : FAQs What are the official fees for various company What are the official fees for various company setups in Jebel Ali Free Zone? setups in Jebel Ali Free Zone? − Free Zone Company(FZCo): AED 5,000 one time − Free Zone Establishment (FZE): AED 5,000 one time − Branch of a Company : AED 5,000 one time

21. N R Doshi & Partners’ Company N R Doshi & Partners’ Company Formation Services Formation Services N R Doshi and Partners offer company formation service in any of the parts of the UAE. Whether it is a free zone or mainland, we have experience in setting up offices in allthe emirates. We also provide our services as JAFZA Business Setup Consultants and help you with JAFZA Offshore Company Formation in UAE. Moreover, we are recognized by JAFZA offshore as a ‘Top Performing Offshore Consultant’ 2013 and ‘Best Strategic Partner’ 2017 and ‘Best Strategic Consultant’ 2019. Please get in touch with us for professional assistance. You can reach us at email enquiries@nrdoshi enquiries@nrdoshi. .ae aeor use the contact us form. Thefirst consultation is FREE. We are also renowned auditors in JAFZA, get the benefit of NRD’s quality company formation services and get started with your business in no time.

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