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Establishing a company in Jebel Ali area

Establishing a company in Jebel Ali area

Establishing a company in the Jebel Ali area is considered an important strategic step towards entering the business market in Dubai. This free zone offers exciting opportunities for investors thanks to the advanced economic environment and simple procedures for establishment. Incorporation in Jebel Ali requires following specific legal and administrative procedures, including choosing the type of company, defining business activities, and preparing the necessary legal documents. By adhering to local laws and taking advantage of the competitive advantages of this free zone, establishing a company in Jebel Ali can be a successful start to your entrepreneurial journey.

Establishing a company in Jebel Ali area
Establishing a company in Jebel Ali area

Establishing a company in Jebel Ali area

To set up a company in Jebel Ali in Dubai, you usually need to follow the following procedures:

  • Determine the type of company: You must specify the type of company you wish to establish, such as a limited liability company or a joint stock company.
  • Choosing a company name: You must choose a unique and appropriate name for the company you intend to establish. You must check the availability of the name and apply local laws regarding trade names.
  • Identification of Business Activity: You must identify your main business activity according to the list of approved activities in Jebel Ali. You must ensure that your business is not prohibited and complies with local laws.
  • Identify partners and shareholders: If the company will be a joint stock company, you must identify the partners and shareholders and determine their shares in the capital.
  • Providing Capital: You must determine the amount of capital required to establish the company. This may require providing the necessary funds or providing bank guarantees.
  • Preparing the required documents: You must prepare the documents required to establish the company, such as the required contracts, agreements, and forms.
  • Submitting a registration application: You must submit a registration application to the relevant authorities in Jebel Ali, such as the Department of Economic Development or the General Authority for Free Zones and Special Economic Zones.
  • Obtaining the necessary licenses: After registering the company, you may need to obtain the necessary licenses to practice your business, such as a general trade license or an industry license.

It is always advisable to consult with a competent legal advisor or accountant to ensure that the correct procedures are followed and compliance with the legal and regulatory requirements for establishing a company in Jebel Ali.

Topics that may interest you: Jebel Ali, Emirates

Documents required to establish a company in Jebel Ali area

Establishing a company in the Jebel Ali region requires submitting a number of basic documents to the competent authorities. Among the documents usually required are:

  • Copy of founders’ passport: A certified copy of the passports of all founders and directors concerned with the company must be submitted.
  • Incorporation application form: The incorporation application form must be filled out with the necessary information for the company, such as its name, type, and scope of activities.
  • Company Articles of Incorporation: This contract includes important details about shareholders and directors and their rights and obligations.
  • Business Plan: A document that explains the purpose of establishing the company, and the financial and operational business plan.
  • Commercial Registration Certificate: If the founders have other companies, a Commercial Registry Certificate must be submitted for each of them.
  • Authorization: If there are lawyers or agents acting on behalf of the founders in legal proceedings, an authorization proving this must be submitted.

These documents represent the beginning, and the exact requirements can vary depending on the type of company and free zone legislation. It is necessary to check the current requirements with the relevant authorities before starting the incorporation process.

Related topics: Steps to invest in Jebel Ali Jafza

Licenses required to establish a company in the Jebel Ali area

To establish a company in the Jebel Ali area of ​​Dubai, you must obtain the necessary licenses, which may vary depending on the type of business activity and the requirements of local authorities. Common licenses that may be required include:

  • General Commercial License: Allows a variety of commercial activities to be practiced in the region.
  • Professional Services License: Required for professional activities such as consulting, law, engineering, medicine, etc.
  • Industrial license: Allows companies to manufacture products in the region.
  • E-commerce license: for companies that want to do business online.
  • Self-service license: for companies that provide services to customers without the need for an office or physical space.
  • Food license: for companies operating in the food and beverage sector.
  • Tourism license: for companies that provide tourism and entertainment services.

You should check the current requirements with the competent authorities in the Jebel Ali area and inquire directly about the necessary licenses for your own business activity.

Read also: Steps to establish a company in Jebel Ali

The cost of establishing a company in Jebel Ali

The cost of establishing a company in the Jebel Ali area of ​​Dubai is affected by several factors, including the type of company, the size of the business, and the services required. Factors that may affect the cost include:

  • License fees: License fees vary depending on the type of activity and license required.
  • Registration fees: These include fees for company registration, activity licenses, and stock registration. The amount of these fees varies depending on the type of company.
  • Legal consultation costs: You may need to consult a lawyer or legal advisor to guide you through the incorporation process, and this may incur additional costs.
  • Administration and office costs: The cost of renting an office and spending on furniture and other equipment if necessary.
  • Additional Service Fees: May include additional costs such as logistics, marketing, insurance, etc.
  • Corporate taxes: depend on the type of company and expected annual income, and may include value-added tax and income taxes.

You should contact your business center or local authorities in Jebel Ali to get an accurate estimate of the cost of setting up a company in the Jebel Ali area and ensure that you do not miss any important financial details.

Jebel

Jebel Ali Free Zone companies

Related topics: Establishing companies in the UAE

Concerned authorities to submit an application to establish a company in Jebel Ali

To submit an application to establish a company in Jebel Ali, you must contact and submit the application to the following entities:

  1. Jebel Ali Free Zones and Customs Authority (JAFZA): JAFZA is a leading free zone in Dubai and oversees the registration and regulation of companies in Jebel Ali. You can contact JAFZA to submit a registration application and obtain more information about procedures and requirements.
  2. Dubai Free Zones: Besides JAFZA, there are also other free zones in Jebel Ali such as Dubai Aviation City, Dubai Internet City, and others. You can contact these free zones to submit a registration request and obtain their information.
  3. Dubai Economic Development Department (DED): DED is the body responsible for registering companies in Dubai in general. However, DED can also be the entity responsible for registering some types of companies in Jebel Ali, especially if the company is local in nature or intends to operate in the local market.

It is preferable to contact these concerned authorities directly to obtain updated and detailed information about the procedures and requirements for establishing a company in Jebel Ali. You may also need to consult with a professional legal advisor or accountant to ensure full compliance with local laws and requirements.

Most important frequently asked questions:-

What are the first steps to establishing a company in Jebel Ali?

It is best to start by conducting a market study and determining the appropriate type of company

What types of companies can be established in the Jebel Ali area?

A variety of companies can be established such as limited companies, sole proprietorships and limited liability companies

What licenses and permits are required?

This depends on the type of activity and the legal form of the company, and this information can be obtained from the Business Regulatory Authority in the region.

What are the approximate costs of setting up a company in Jebel Ali?

Costs vary depending on the type of company and services assigned

What are the documents required to submit an application to establish a company?

It depends on the type of company, but documents usually include passports, business plans, and contracts