If you are looking for a location that is suitable to start your own business there's no doubt. As you know, Dubai has the highest level of living standards in the Middle East. In addition to this, it has been also thinking one of the richest countries in the world due also to its biological resources. This means that you would be able to attract investors from all over the world for your business mainly because of your government which supports a more democratic way of doing business.
The benefits of having a Jebel Ali Company Setup are that it offers an easy and comfortable lifestyle, which is needed by those who wish to start their own business. Dubai has many companies that can help you set up your company in Jebel Ali.
What is Jebel Ali freezone?
Jebel Ali Freezone is a free trade zone that has been set up in the area of Jebel Ali, a free port in Dubai. The free zone was created to attract investors, exporters and importers who wish to do business in Dubai. The primary purpose of the free zone has been to create it easier for global investors and companies to support the Emirates.
Jebel Ali Freezone has been one of the numerous prosperous free zones in the region. The Jebel Ali Freezone is a special economic zone that offers a wide range of benefits to investors and business owners.
The benefits of Jebel Ali Freezone (JAFZA)
Jebel Ali Freezone delivers numerous advantages to new businesses. The following stand some of them.
Low cost of doing business
The cost required to start up a business in Jebel Ali Freezone is very low compared to other locations across the UAE. This implies that you will conserve cash when putting up your business there. You can also hire employees at a lower rate than other locations since there are no housing costs or electricity bills to pay.
Free trade zone status
The JAFZA provides special tax benefits for companies that operate within its boundaries and export goods made in the UAE through it. These include reduced customs duty for goods and VAT (value-added tax) exemption for exports from Jebel Ali Freezone, as well as other perks such as free trade zone status, which enables exporters to sell goods at zero customs duty rates.
Here are some different benefits that you can get –
- 100 % Repatriation of Capital
- 100 % Foreign Ownership
- No currency constraints
- No personal Income Taxes
- No corporate taxes
- Great Energy
- No Limitation on Employing Foreign Workers
Free zone establishment (FZE) and Free zone company (FZCO)
Companies included in a free zone stand governed by the rules of the country in which they stand formed. For example, if you form a company in Dubai and intend to register it in the United Arab Emirates, your company will be governed by UAE laws.
A branch company is a type of non-resident offshore company that has its registered office outside of its country of formation. The branch office can be located anywhere around the world and is not limited to being within any specific jurisdiction. This means that branch companies can be established anywhere in the world with no need for them to register as resident offshore companies in any country outside their jurisdictions.
Jebel Ali Offshore Company Formation is a very convenient way to incorporate your business in Dubai. It is one of the most popular choices for companies looking to establish themselves in Dubai.