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Jebel Ali Free Zone (JAFZ) is located in the Jebel Ali area of the emirate of Dubai. The Jebel Ali Free Zone was established in 1985 and is run by the Jebel Ali Free Zone Authority (JAFZA). Jebel Ali Free Zone is internationally recognized as the most successful and fastest growing free zone operation in the world. The JAFZ also caters to the Dubai Port which ranks 13th in the world in terms of container traffic. It offers an economic zone with lucrative business and tax incentives to corporations.
The JAFZA, which is considered as one of the world’s largest and fastest growing free zones, is about to acquire its position as the international business hub of the Middle East. A business establishment in JAFZA, therefore, can be an attractive and profitable option for foreign investors. |
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Being one of the largest and most successful free zones in the world, JAFZA establishes an exciting new global branding effort including new identity.
The Jebel Ali Free Zone is located 35 kilometers southwest of Dubai city and is built around the world's largest man-made port. It covers 100 square kilometers, of which about 30 percent has been leased. An array of investment incentives has attracted more than 850 companies, including almost 100 American firms. Most companies are set up to re-export goods through Dubai to other markets, the largest being Iran and India.
When Jebel Ali Free Zone opened in 1985, Indian and Gulf state companies were first in the door. Sixteen registered in the first year. Now an average of 16 new companies register each month. About 40 percent of the companies are from industrialized countries in Europe, the United States and the Far East. There are 200 European companies and about 100 from North America. The U.A.E. accounts for close to 200, India 154 and Pakistan 34. The are about a dozen companies from the former Soviet Union and a dozen from China and Hong Kong.
Here are some of the main benefits of Jebel Ali Free Zone: |
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100% foreign ownership |
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100% repatriation of capital and profits |
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No minimum capital investment |
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A shareholder's liability is limited to the amount of its paid- up share capital |
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No currency restrictions |
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No corporate taxes |
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No personal income taxes |
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Ready-made factories and warehouses |
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Excellent infrastructure, support services and communications |
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Access to a consumer market of 1.4 billion people. |
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| For more information & details, please get in touch with us today. |
| Call us on +971-43354233 to discuss with our expert business consultant. |
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