set up company in jebel ali free zone,

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Page 1: set up company in jebel ali free zone,

Location - Jebel Ali, Dubai

LegislationLaw No. 1 of 1980

Managed by Economic Zones World

(EZW)

Trading

Free Zone Establishment (FZE)

FZE: AED 1,000,000FZCO: AED 500,000Branch : N/A

Natural Person(s) and/or Corporate(s)

FZE:

FZCO: Minimum Maximum

Free Zone Company(FZC)

Branch of Local Company

Office

Warehouse

Light Industrial Unit

Land

Showrooms

Branch of ForeignCompany

Manufacturing Assembling Logistics Service

Segments

Operation Since - 1985

Types of Legal Entities

Minimum Capital(physical)

Shareholding Structure

Office: 27 sq. meters and aboveWarehouse: 333 sq. meters and aboveLand: 5,000 sq. meters and above

Size of Facilities

Facilities Offered

Office & Warehouse : One Year;

renewable

Lease Period

Office : AED 1,500 onwards

Business Centre: AED 5,000- 10,000 per month (rate varies according to lease period and is negotiable)

Warehouse: AED 600 onwards

Land: AED 35 onwards

Rental (per sq meter)

Numberof Shareholders

FZE: AED 10,000

FZCO: AED 15,000

Branch: AED 5,000

Depends on facility

leased

Fees: Formation [One time]

No. of Visas

Trading & Industrial:

AED 5,500 -up to 7 products from One Group

AED 9,000 – up to 12 products from Two Groups

Service : AED 8,000

General Trading, Logistics : AED 30,000

Fees:Licence [Annual]

Facilities are available in different sizes.

Sublease of leased land is allowedfor sister company(s) provided the existing company or shareholder istthe major shareholder in the sub-lessee company. JAFZAcharges an annual fee of AED 10,000 for sub-lease.

Warehouse units and buildings constructed on leased land aresubject subject to a Public Health Levy which is charged at 2% on annual rental at a maximum of AED 10,000.

5% of office and warehouse rental ischarged as one time deposit.

Up to 60% of the allotted land can be leased for construction.

Power Tariff: AED 0.44/kwh.

Water Tariff: AED 10.79/m3.

Desk facility in Business Centerallows 2 visas.

Industrial Effluent Disposal fee isapplicable for factory units.

Industry specific zones have beencreated in free zone south viz., Dubai Distribution Centre, Digital Valley, Construction Square,Pharma-Med Pharma-Med Park, Chemical & Plastic Field, Paper Pack Zone, Fragrance & Beauty Park, Food &Beverage Park.

The Establishments, Companies, Persons and Workers shall beexempt from all taxes, includingincome tax, in relation to theiroperations within operations within the Free Zone. Such exemption shall apply for a period of fifty (50) years from the date on which such establishments,companies, persons companies, persons or workers commence work in the Free Zone.The exemption period may beextended for similar periods.