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| Jebel
Ali Free Zone |
Horwath Mak Business Consultants
offers you all information about the formation
of Company in Jebel Ali Free Zone. Some of the
strengths of Jebel Ali Free Zone are that it offers
you complete repatriation of capital and profits,
Exemption from corporate and income taxes for
a period of 50 years, minimal restrictions. No
local partner required. No labor & staff restrictions,
excellent port facilities, warehouses, office
space, and factories are available for lease.
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The Free Zone is located
35 kilometers southwest of Dubai city and is built
around the world's largest man-made port. It covers
100 square kilometers, of which about 30 percent
has been leased. Most companies are set up to
re-export goods through Dubai to other markets,
the largest being Iran and India.
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| Companies
can be formed in Jafza the following different
ways:
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• Free Zone Establishment (FZE)
•
Free Zone Company (FZCO)
• FZE and FZCO
applicants can avail of Jafza's unique offer of
forming an established company with separate legal
entity
• Branch company applications
for any country having valid registration and license
outside Jebel Ali, as well as a branch of a local
company.
• Jafza Offshore, which enjoys
tax haven status and several double taxation treaties
signed between the UAE and the world, allowing the
ownership of free hold properties in the UAE.
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Facilities
offered |
Office
Units |
Warehouse
/ Light Industrial Units |
Port of Land |
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Standard Unit |
Multi – Storeyed |
Total Area |
Warehouse / LIU Area |
Office Area |
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Minimum 2,500 m2 |
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26.88m2 |
No space restriction |
556 m2
313 m2
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510 m2
267 m2
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46 m2
46 m2
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| Rent per Annum |
US$ 12,272 |
US$ 491-600 / m2 |
US$ 53,177 (AED 195,000)
US$ 59,995 (for high power)AED 220,000
US$ 32,724 (AED 120,000)
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US$ 5.45 – 21.82/m2 |
| Lease period |
One year, annually renewable |
One year, annually renewable |
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Upto Fifty Years |
| Possible legal entities |
Branch of a Foreign company
(Including offshore company)
|
Branch of a UAE company |
Free zone
Establishment
(FZE)
|
Free zone company
FZCO
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| Capital – cash |
None |
None |
US$ 272,703
AED 1,000,000)
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US$ 136,352
AED 500,000
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| No of share holders |
None |
None |
One |
Min 2 x Max 5 |
| Formation fee |
US $ 1,364
AED 5,500
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US$ 1,364
AED 5,500
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US$ 2,727
AED 10,000
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US$ 4,091
AED 15,000
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| Types of licenses issued |
Trading |
* General Trading |
Service |
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Logistics |
Industrial |
National
Industrial
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| License Fee |
US$ 1,500 |
US$ 8,187 |
US$ 2,182 |
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US$ 8,187 |
US$ 1,500 |
US$ 1,500 |
| Business Segment |
Number of activities is restricted
* General trading license is issued only
on a case to case basis
A company can obtain additional license
with different activities and operated under
different names
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| Port facilities |
Jebel Ali port, Port Rashid,
Dubai Airport |
| Visas |
Pre-built office: 4 nos.
Multi-storeyed, Depends on space leased
(80 Sq. ft per person)
Pre-built warehouse : 20 nos
Facility on leased land: Depends on requirement
and subject to EHS compliance
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| Time span |
20-30 days |
| Other info |
Sublease of leased land is
allowed for sister company/s provided the
existing company or shareholder is the major
shareholder in the sub-lease company. JAFZA
charges an annual fee of US$ 5,454 (AED
20,000) for sub-lease.
Warehouse units and buildings constructed
on leased land are subject to a public health
levy which is charged at 2% on annual rental
at a maximum of AED 10,000
5% of office and warehouse rental is charged
as one time deposit.
For factories fee for Industrial Effluent
Disposal shall be US$ 6,812 (AED 25,000)
for the first connection, then calculated
at US$ 1.4 (AED 5.00) per 1000 imperial
gallons for discharge into the marine environment
using Free zone drainage lines.
Industrial license holding companies should
hold separate license for trading activity.
JAFZA has created 8 industry specific zones
in the South Zones Viz. Dubai Distribution
cenre, Digital valley, Construction square,
Pharma-Med Park, Chemical and Plastic field,
Paper pack zone, Fragrance and Beauty park,
Food and Beverage Park.
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| © Copyrights
2008-2009, Horwath Mak Business Consulting |
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