The Jebel Ali region in Dubai is one of the largest economic regions in the Middle East, as it has one of the largest international ports, the “Jebel Ali Port”, which plays a vital role in serving global markets, and plays a pivotal role in the economy of the United Arab Emirates.
The fees for issuing a license to establish a company in Jebel Ali Free Zone:
- Initial Approval Fee
- Fees for issuing the company's trade name or investment
- Professional business license fees
- Fees for conducting commercial and industrial businesses
- Service fees from an authorized agent in the United Arab Emirates
- Business Partner Fee
- Fees for obtaining and printing a license
Documents and licenses required for setting up companies in Dubai free zones :
Every investor wishing to establish a company in one of the free zones in Dubai is required to submit an application that includes a set of Documents and Documents Among the most important are:
- Passport copy
- Project Summary
- Necessary legal documents
- Trade Name
After marking the approval of the application, the investor must start the process of determining the required licenses and products and pay fees and costs according to the number of shareholders involved.
If a company has a broader range of products and services to offer, it may differ to obtain a general trading license.
The time period for establishing companies in Dubai free zones:
The length of time he needs the investor or businessman to establish his company in an area of Free zones are between one and two months, and the possibility of speeding up this process depends on the speed of providing the required papers and documents, as well as the payment of fees and costs by the owner or investor.
Free Zones in the United Arab Emirates:
The UAE is considered one of the best commercial markets for investment in the world because of the advantages and benefits it offers to foreign and Gulf investors in particular. Therefore, investors prefer to establish a company in Jebel Ali in Dubai and other free zones in the Emirates.
Dubai is the first emirate to apply the free zone model that provides foreign companies with more attractive investment opportunities and incentives. Free zones in Dubai require 100% ownership rights for foreigners, in addition to full tax exemptions. There are currently 23 free zones operating in the emirate, which have been established to serve specific industries, including: information technology, real estate, telecommunications, media, finance, gold and jewelry, and healthcare. With the presence of so many locations in Dubai, each of which offers unique and diverse advantages and capabilities, it is necessary to review all conditions and resources for establishing companies in these areas, and the need to review each of them possibilities and offers and calculate all costs before you decide to invest in one of them
Cost of establishing companies in Dubai Free Zones:
Includes costs and expenses included in the license fee, such as annual rent, housing fees, and sponsorship fees. The cost of setting up the company in the free zone naturally includes the rent of the property that will be the headquarters of the company, and this amount varies according to the location and type of the property (office spaces, showrooms, vacant land).
The licensing and visa issuance fees are paid in the first year only, as the validity period is three years, while the investor has to pay the rent and the value required by the services and infrastructure every year. However, on the other hand, it should be noted that the cost of setting up a company in Dubai free zones in the first year is high. The exception is if the company is established outside the free zones. Instant Licensing summarizes the previous steps and combines them into a single step without the need for a written lease agreement.
Dubai Spot License Terms:
- Having instant licenses in Dubai for one time only, ie. In the first year of investment in Dubai.
- When updating, the company's Memorandum of Association and other required documents are attached.
- Payment for instant licensing in Dubai is done through issuance of a single invoice that includes commercial registration fees, initial approval and business license issuance fees.
Establishing foreign companies in the UAE:
The United Arab Emirates issued the Residence and Investment Law in Dubai, in order to facilitate the work of foreign investors in Dubai. Some of these laws apply to foreign investment in Dubai (national laws allowed to operate in 7 emirates, replacing local laws). It should be noted that each free zone, be it Dubai or the other emirates, has its own set of rules and regulations. The activities that foreigners are allowed to engage in UAE economic business activities in Dubai or the UAE must include, among others:
- Investments activities in the business administration.
- Acquisition of shares in companies.
- Possibility of owning property.
- Mining, oil and gas activities.
- Journalism and news activities in general.
- Airlines activities.
The "Jebel Ali" region in Dubai is one of the largest economic regions in the Middle East and has one of the largest international ports, "Jebel Ali Port", which plays a vital role in serving the global market and plays a major role. The UAE plays a pivotal role in the economy. Jebel Ali covers approximately 30 square kilometers of downtown Dubai, and being strategically located between Dubai and global trade attractions, Jebel Ali provides market access to over two billion people.
Jebel Ali Port is the largest seaport in the Middle East and is the focal point of DP World's portfolio, with more than 65 seaports spanning six continents in the world.
- Jebel Ali Port is also a hub for more than 90 ships per week and ranks as the 9th largest container port in the world.
- Jebel Ali Port has been voted the best commercial seaport in the Middle East for two consecutive years.
- Jebel Ali Port is the largest man-made port in the world.
- The Jebel Ali Free Zone houses more than 5,000 international companies.
- Jebel Ali Industrial Area is not subject to any income restrictions, corporate and individual income taxes, and minimum capital requirements.
- 100% foreign ownership
- The opportunity to bring and recover all capital and profits from the original owner of the company.
- Tax exemptions, whether individual or institutional.
- You may make use of the personnel/contacts through which the services of those free zone authorities have been used for support services, warranties or other services.
We can help you find investment opportunities for companies in Dubai through feasibility studies or existing business
