Steps for Establishing a company in Jebel Ali and the forms and methods of investment in Jebel Ali. We must know what Jebel Ali is, as it is one of the most important investment places in The UAE is also considered the first investment region in the United Arab Emirates.
The Emirate of Dubai includes many distinguished areas that have made it one of the most important emirates in the United Arab Emirates for trade, and most of them also attract tourists and foreign investors. This is due to the fact that it contains distinguished places, and the most important of these areas is Jebel Ali in Dubai. The Jebel Ali area is also interested in providing a suitable work environment that helps in… Achieving large profits without paying any type of taxes and without the need to have an Emirati partner (i.e. holding Emirati citizenship) in the project.
The UAE government always provides sufficient support to Emirati contractors when establishing any project and helps them. It also works hard to provide many grants available to people who have a suitable business plan and are foreigners to the UAE. The government works to provide many commercial, administrative and residential buildings and business centers. Available in the Jebel Ali area for rent or sale in order to invest in Jebel Ali to suit the size of business and services they provide there while providing appropriate solutions to all investor complaints. Steps to establishing a company in Jebel Ali
Now it has become easy and flexible to establish companies in Jebel Ali regardless of your financial ability and budget to establish and establish new investment projects in Dubai or establish a company in Jebel Ali, you can now establish any project or provide any investment service in the Emirates due to the multiple needs of the Emirati state. This is due to the ease of providing methods for establishing investment projects there, but before that you must know the steps for establishing a company in Jebel Ali, which are as follows:
Determine the nature of the company’s activity
Determining the nature of the company’s activity is considered one of the most important procedures imposed by the UAE law regarding the establishment of companies of 2009 in Dubai. This helps in facilitating the procedures and then determines the parties associated with the company’s activity and the permitted legal form.
There are approximately 2,000 different economic activities permitted in the UAE. The types of economic activities are classified into three main types, including:
- Commercial activity, which includes (real estate, leasing, financial brokerage, transportation, wholesale, retail, communications, and storage).
- Professional activity, which is represented in (agriculture, social work, health, education, and various service activities related to society, that is, it is an activity that depends on physical and mental activity to practice it).
- Industrial activity includes (conversion industries, such as mining, water, electricity, and quarrying), and there are also some other tourism activities.
Determine the legal form of the company
Here we are talking about the legal form of the new company that will be established, which depends on the nationality of the owners of the company’s founders, and the legal form of the companies that you plan to establish in Jebel Ali, which are as follows:
- Solidarity companies.
- Limited liability companies.
- Public joint stock companies.
- Private joint stock companies.
- Civil works companies.
Trade name registration
The third step of establishing companies in Jebel Ali comes in determining the company’s trade name, which distinguishes a commercial license from another commercial license. The trade name is also linked to the form and activity of the commercial company and is approved under several conditions stipulated by the Department of Economic Development before approving the special name. The company and these conditions are:
- The company’s trade name does not contain inappropriate words.
- The company’s trade name does not violate public and private taste.
- The trade name must accurately and clearly reflect the business activity.
Obtain initial approval
After determining the legal activity of the company and its legal form, and registering its trade name, it is now necessary to obtain initial approval from the competent authorities for the economic activity of the company and follow up in order to obtain the approval of the authorities related to the activity.
In terms of preparing the articles of incorporation and choosing a location for your business
In terms of concluding the contract designated for establishing a company in Jebel Ali, the contract of incorporation must be presented in agreement between you and the competent authorities in Jebel Ali. A location must also be chosen to establish a company in Jebel Ali to conduct business, and it must have an actual and existing address located in the Emirates, and it must achieve this. The headquarters has specific requirements and land allocation regulations in addition to having an existing license.
Obtaining approvals from the authorities concerned with the facility’s activity
Some commercial projects require obtaining additional approvals from competent authorities for some of the projects and economic activities concerned with them, such as the Ministry of Economy, the Ministry of the Interior, the Ministry of Justice, or from the Civil Defense Authority if the activity, for example, is related to the activities of selling firefighting equipment, etc.
Obtain the license
Finally, after completing all the previous steps to prepare and establish an investment company in Jebel Ali or establish a company in the free zone, you can now receive your business license and attach some of the required documents and papers with it, including also the economic development steps to pay the cost of the commercial license fees for establishing the company in Jebel Ali. Then after registering in the Chamber of Commerce as a member.
Costs of establishing a company in Jebel Ali
The expenses and costs of establishing a company in Jebel Ali are mainly limited to several expenses, which are as follows:
- The cost of obtaining a commercial license (license to practice business).
- The price of the expenses of purchasing the office location or the expenses of the company through which you conduct your business, whether renting or purchasing.
- The cost of purchasing furniture and décor for yourself and the office in which you do your business.
- The cost of obtaining work permits for sponsored employees and their visas required under the name of your current company.
- The cost of opening a new account in the name of the new company in a bank and depositing the minimum capital according to the type of business activity in the new company.
- The price of the expenses of the cost of the legal form of the company plays a fundamental role in the increase or decrease in the cost of the initial establishment of the company, so the costs of establishing industrial companies are higher than the cost of establishing commercial and professional companies.
- Finally, the cost of obtaining the commercial license.
Conditions for establishing a company in Dubai
If you wish toestablish a company in Dubai, you must complete some of the necessary conditions required by the Department of Economic Development and other relevant authorities to officially register the establishment. .
At the beginning of any project, you must determine the type of activity you want to practice, and this in turn will determine the parties associated with the activity and the permitted legal forms. Economic activities can be classified into three main types:
- Commercial activity
- Professional activity
- Industrial activity
Conditions for establishing a company in Dubai
- Determine the type of business activity of the company.
- Determine the legal form of the company as well as the parties associated with the activity.
- Determine and reserve the trade name.
- Submitting an initial approval certificate.
- Preparing the articles of association and a service agent agreement.
- Choosing a company location and documenting the lease contract.
- Obtaining approvals from the authorities organizing the activity.
- Receiving the commercial license.
Our work team will provide you with all support and fulfill all the conditions mentioned above, starting with determining the type of activity, choosing the trade name, obtaining security approvals, and then preparing all the documents required to complete the conditions for establishing the company in Dubai in a few days.
All you have to do is set a time to meet with our experts to discuss the details of the activity of the company you wish to establish and submit all the required personal documents to them. Then, on your behalf, we will complete all the steps with the various government agencies in order to obtain a business license in Dubai in the shortest possible time.
The period required to obtain a business license is closely related to the type of activity or activities you wish to practice, in addition to the legal form of the company. There are commercial activities that require approvals from more than one governmental or federal entity, but the Dubai government always guarantees to all investors the provision of unparalleled services and facilities from In order to make Dubai the ideal destination for establishing a business.
10 information about Jebel Ali
- Jebel Ali Port is among the ten largest ports in the world.
- Jebel Ali Port is connected to more than 180 shipping lines.
- Jebel Ali Port is connected to 140 ports around the world.
- The container terminals at Jebel Ali Port have 23 berths and 78 cranes to meet the needs of the largest container ships in the world, as the facility can receive all ships of any size currently in service or on order.
- Jebel Ali Port is considered the largest seaport in the Middle East, and the leading facility in DP World’s portfolio, which includes more than 65 ports and marine terminals spread across six continents of the world.
- Jebel Ali Port is also considered a hub port for more than 90 weekly shipping services, and is classified as the ninth largest container port in the world.
- Jebel Ali Port was voted the best seaport in the Middle East for twenty consecutive years.
- Jebel Ali Port includes the largest man-made dock in the world.
- Jebel Ali Free Zone includes more than 5,000 international companies.
- The Jebel Ali Industrial Zone is characterized by the absence of currency restrictions, corporate taxes, personal income tax, and minimum capital requirements.
