Depending on the number of shareholders and the nature of business, Jafza offers three formation types, three types of licenses and a wide variety of license activities. 

Formation Types

Multiple shareholders

Two to 50 shareholders can set up a Free Zone Company (FZCo) in Jebel Ali Free Zone. These shareholders can be individuals (two to 50 people), non-individuals (two to 50 companies) or a combination of both. An FZCo is essentially a Limited Liability Partnership within the Free Zone, with the liabilities of the company limited to the paid up capital.

Two to 50 shareholders can also set up a Public Listed Company (PLC) within the Free Zone. These shareholders can be individuals (two to 50 people), non-individuals (2 to 50 companies) or a combination of both. A PLC is essentially a Limited Liability Partnership within the Free Zone, with the liabilities of the company limited to the paid up capital.

A single shareholder

Whether an individual or a company, a single shareholder can register a Free Zone Establishment (FZE) in Jafza. An FZE is essentially a Limited Liability Company within the Free Zone. An FZCo is essentially a Limited Liability Partnership within the Free Zone, with the liabilities of the company limited to the paid up capital. A FZCo has a legal personality distinct from that of its shareholder and it has the capacity, rights and privileges of a natural person.

Any existing established entity

Branch within the Free Zone can be registered by any entity already established outside Jebel Ali Free Zone. A branch is considered a legal entity of its parent company; is 100% owned by the parent company, operates under the same name and conducts the same business.

 

Facilities and Benifites

  • 100% tax free
  • 100% foreign ownership of company
  • 100% return of capital and profits
  • Long-term corporate tax exemption
  • Low cost of doing business
  • Availability of flexi offices
  • Quick licenses
  • Economical and variety of rental office space

ARE YOU READY TO SET UP YOUR BUSINESS ?