Procedures for establishing a company in Jebel Ali unfolds a world of opportunity and growth in one of the UAE’s most thriving business hubs. From navigating legal formalities to leveraging strategic advantages, the procedures for establishing a company in Jebel Ali encompass a blend of meticulous steps and strategic planning. In this guide, we delve into the intricacies of setting up your enterprise in this dynamic free zone, offering insights and expertise to streamline your path to success.
The Jebel Ali Free Zones, tailored to support international trading companies, provide foreign investors with a distinctive edge—100% ownership and simplified administrative procedures. Once your company is operational in the UAE, seize the chance to apply for a residence visa. As the owner, nominate employees and extend this privilege to family members. Explore streamlined procedures for establishing your company in Jebel Ali, uncovering a world of business possibilities, including the cost of establishing companies in free zones and the conditions for establishing a company in Jebel Ali.
The UAE has more than 50 free zones covering all major commercial sectors. Whether your company’s sector is industrial, commercial, consulting, educational, health, technology, or other, free zones in the UAE are ideal locations for establishing your company.
Dubai is considered the business capital of the UAE, and includes free zones that were specifically created to serve a wide range of private commercial sectors. In its efforts to follow Dubai’s vision, other emirates have also developed their own free zones, offering flexible prices to compete in the Emirati market.
Procedures for establishing a company in Jebel Ali, Dubai
If you are looking for free zones for limited liability companies to provide a flexible structure for companies and individuals alike, and provide a very easy process for establishing and operating companies within just a few days, as this process can be completed remotely, and foreign investors are not required to come to the UAE in person to establish a new company, consider the streamlined procedures for establishing a company in Jebel Ali.
Launching companies in Dubai has become easier, faster and easier than ever before, in line with the vision of the Department of Economic Development in Dubai to help company owners launch and expand their businesses without the need for lengthy processes and procedures for establishing a company in Jebel Ali.
There are also two entities in Dubai for licensing companies: the Department of Economic Development, which is the only destination for registering establishments and companies within Dubai on the one hand, and more than 20 free zones on the other hand, providing different benefits to owners of economic establishments according to the type of economic establishment and its activities, including those in Jebel Ali.
When a client desires to establish an economic facility (institution or company) in the Emirate of Dubai, he must register with the Department of Economic Development, which is responsible for registering and licensing institutions and companies in the Emirate of Dubai. If there are any inquiries at any stage of obtaining a commercial license, please contact us. So that we can provide support and advice on procedures for establishing a company in Jebel Ali .
Some economic activities have characteristics that do not depend on the legal form or type of activity like other activities, but they have some laws that regulate them by the department or the bodies that regulate the activity itself, which are:
1- Activities of the Department:
- Are activities that cannot be u. y. M. M.
- It takes a legal form as a sole proprietorship, a civil business company, a branch of a Gulf company, or a branch of a foreign company.
- The manager or license holder must be enrolled in the consultant qualification program at the American University in Dubai.
- The manager of foreign companies wishing to engage in consulting activity must be enrolled in the consultant qualification program at the American University in Dubai.
2- Engineering activities of Dubai Municipality:
- These are activities related to the engineering field only.
- Are activities that cannot be u. y. M. M.
- It takes legal form as a sole proprietorship or civil business company only.
- The parties to the license, whether owner/partner/manager, must have a university degree in the same field of desired engineering activity.
- It does not require appointing a service agent for engineering activities.
- Foreign engineering consulting offices can open branches without the need to appoint a company agent.
3- Legal consulting activities:
- The approval of the Legal Affairs Department must be obtained before obtaining initial approval and the trade name from the Department.
- Foreign legal consulting offices can open branches without the need to appoint a company agent.
4- General trade activities:
- Many types of commercial activities that do not require the approval of other parties can be practiced through this activity and in one place, and it does not include activities that need the approval of external parties except after obtaining a no-objection from those parties. Example: jewelry trade, newspaper and magazine trade.
- General trade activity can include all direct commercial activities if approved by other relevant authorities. Example: General trading activity can include the activity of trading telecommunications devices upon obtaining the approval of the Telecommunications Regulatory Authority.
- A fee of AED 15,000 is collected for general trade activity in the following cases:
- When issuing the license.
- Change of activity according to general trade.
- When renewing the license, an amount of AED 3,000 is charged annually.
5- Investment activities:
- The company cannot take the legal form of a “sole proprietorship”.
- Branches can be opened with all types of professional, commercial, industrial and tourism licenses, provided that they are branches of the parent company.
- It is not permitted to engage in any economic activity through this activity, but rather own shares in other companies or open branches.
- The word “Group” or “Holding” can be used for the trade name of this activity.
- A fee of AED 15,000 is collected for investment activity of all types in the following cases:
- When issuing the license
- Changing activity to invest in all types
- When renewing the license, an amount of AED 3,000 is charged annually.
6- Management activities of companies and institutions:
- This activity allows the management of any company or institution belonging to one person, provided that it does not have less than 3 licenses
- It is not permitted to manage companies or institutions belonging to others
- The word group can be used in the trade name, for example: BNP Group
- The activity of managing companies and institutions is for citizens of the United Arab Emirates.
Determining the costs involved in procedures for establishing a company in Jebel Ali is a crucial preliminary step in the investment journey. Thoroughly studying these costs before taking any on-ground steps is essential for proper preparation, encompassing various expenses such as:
- Commercial License Fees: Tailored to the nature of the company’s activities.
- Office Space Rental or Purchase: An annual expense for a workplace.
- Office Equipment Costs: Inclusive of appliances, furniture, and décor for creating a conducive work environment.
- Permits and Visa Fees: Essential for sponsored employees.
- Company Bank Account: Involving fees for opening and depositing the minimum capital.
It’s imperative to note that these costs vary based on factors determined by the company owner’s needs. Contact us today, and we’ll provide accurate cost details tailored to your specific requirements.
Procedures for establishing a company in Jebel Ali Free Zone
- The Free Zone Administration will examine the submitted offer once these documents are received and taken care of.
- Initial approval can be obtained. The company will be required to fill out the forms and documents shown in the appendix to the license application form necessary to obtain the legal status of the company.
- He will review the submitted documents and will make arrangements to hold a meeting to discuss and present at least the final details of the project.
- If all matters are met, the free zone administration will issue a conditional approval for the project.
- After that, the free zone administration will prepare a rental agreement. If necessary, the management will prepare a personal guarantee agreement for the company’s signature.
- At the time of signing, the applicant must present the insurance certificates required in the agreement and pay the rent and license fees before receiving the license.
- If the company wishes the free zone administration to sponsor employees on behalf of the company, the company must submit applications for a permit for entry signs as soon as the license is issued to it.
- To begin the stage, the bank guarantees required within the personal guarantee agreement must be submitted along with entry visa expenses.
- If the project requires construction of a building, its detailed plan must be submitted after signing the lease contract.
- You need to agree on a building plan to issue a building permit.
- It is possible to handle the administrative work related to importing equipment and labor costs by installing the equipment during the construction process; However, applications for permission to enter those responsible for the work that will be handled by the free zone administration will usually not be accepted until a certificate of completion of the construction process is issued.
Finally, upon completion of all procedures for establishing a company in Jebel Ali Free Zone, you’ll receive your business license, allowing you to commence operations. It’s important to note that ongoing compliance with JAFZA regulations and timely renewal of licenses are crucial for maintaining your company’s legal status and operations within the free zone.
In concluding your business journey through the procedures for establishing a company in Jebel Ali Free Zone, consider partnering with Al Ghaf Golden Business Group, your dedicated business setup consultant in Dubai. Our expert guidance and innovative solutions are tailored to your specific needs, whether you are navigating free zones or thriving on the mainland. Elevate your business within global incubators and experience seamless business setup with us – your key to success in Dubai and beyond. Empower your journey; choose Al Ghaf Golden Business Group as your strategic partner.