Jebel Ali Free Zone (JAFZA) is one of the largest and oldest free zones in Dubai, UAE. Here’s a closer look at JAFZA:
1. Location:
- JAFZA is strategically located near the Jebel Ali Port, one of the world’s largest man-made ports. Its proximity to the port facilitates efficient import and export activities.
2. Business Activities:
- JAFZA accommodates a diverse range of business activities, including trading, manufacturing, logistics, services, and more. It is home to businesses from various industries, making it a versatile free zone.
3. Infrastructure:
- JAFZA offers world-class infrastructure and modern facilities to businesses, including industrial units, warehouses, and office spaces. The free zone is equipped with advanced logistics and transportation services.
4. Strategic Hub:
- With its strategic location and excellent connectivity, JAFZA serves as a regional hub for businesses looking to access markets in the Middle East, Africa, South Asia, and beyond.
5. Company Setup Options:
- Businesses in JAFZA can choose from various legal structures, including Free Zone Establishment (FZE), Free Zone Company (FZCO), and branch offices. These structures offer flexibility in ownership and operation.
6. 100% Foreign Ownership:
- JAFZA allows businesses to have 100% foreign ownership, providing an attractive proposition for international investors and companies.
7. No Import or Export Duties:
- Companies in JAFZA benefit from exemption from import and export duties, providing cost advantages for businesses involved in trade and manufacturing.
8. Licensing and Registration:
- The process of setting up a business in JAFZA involves obtaining the necessary licenses and registrations from the JAFZA Authority. The authority oversees the regulatory framework and ensures compliance.
9. Free Zone Authority:
- The JAFZA Authority plays a crucial role in regulating and managing the operations of businesses within the free zone. It works to create a conducive business environment for investors.
10. Business Community: – JAFZA is home to a diverse and thriving business community, including multinational corporations, SMEs, and startups. The free zone fosters networking and collaboration among its tenants.
11. Flexibility in Office Spaces: – JAFZA offers flexibility in office solutions, including serviced offices, warehouses, and land plots for businesses with specific operational requirements.
12. Dubai South: – JAFZA is part of the Dubai South initiative, which aims to develop the southern part of Dubai into a comprehensive economic zone with a focus on logistics, aviation, and other key sectors.
Overall, JAFZA has played a significant role in Dubai’s economic development and remains a preferred choice for businesses seeking a strategic and well-established free zone.
