Business Setup in JAFZA Free Zone
Jebel Ali Free Zone is one of the oldest existing trade Zones in Dubai. It has successfully commenced its operations since 1985. It has witnessed tremendous success over time and is home to 8000 companies. There are hundreds of Global Fortune 500 enterprises based in JAFZA. JAFZA alone has a 24 percent share in Dubai’s GDP. With thousands of jobs for the masses and unlimited growth opportunities, it has become a haven for a thriving smart business community. It holds an ISO certification. If you wish to have a Business Setup in JAFZA in Dubai, you can bank on Golden Fortune’s reliable Company Formation Services.
– Infinite growth opportunities to businesses that operate locally and globally.
– It has more than 7500 companies incorporated with nearly 100 having regional headquarters.
– 100% foreign ownership is permitted.
– Exemption from corporate tax for 50 years with renewable concession.
– No restriction on capital repatriation.
– Absence of import and re-export tax.
– There are no currency restrictions.
– There is no personal income tax.
– Multi-currency Corporate bank accounts
– Foreign talent or employees can freely move inside for career development.
– Companies incorporated in JAFZA can mortgage their premises.
– Freedom to avail onsite customs solutions.
– It allows multiple activities in one license.
– It offers offices, warehouses, plots of land, and customized developments.
– Trading, services, and industrial licenses available.