December 28, 2023
Dubai has special areas called free zones or free trade zones, set up to help different businesses grow. One of these zones is the Jebel Ali Free Zone, also known as Jafza. It's located in the Jebel Ali area, which is on the far west side of Dubai, near Abu Dhabi's border.
While places like Dubai Internet City and Dubai Media City are known for their tech and media companies, Jafza stands out for businesses in logistics, shipping, and big export companies.
Moreover, a lot of popular companies in Jafza have their offices or big storage spaces in this area.
Let’s have a brief conversation about it!
Jafza in Dubai is a big area where businesses can set up without paying some taxes, and it's really popular. It started in 1985 with just 17 companies, but now it has over 7,500! It's a great place for businesses because it's close to a big port and they don't have to pay a tax called VAT. Here's why you might want to think about starting a business in Jafza.
Jafza is right next to the biggest sea port in Jebel Ali and close to the Expo 2020 site. You can get there easily by bus or the Dubai Metro Red Line. It's connected to all the main roads in Dubai.
No Taxes and Complete Ownership
Businesses in Jafza don't pay import taxes and can be fully owned by people from other countries. For the first 50 years, there's no corporate tax, and this can be extended.
No Capital Limits and No VAT
You can move your money freely without restrictions and don't have to pay VAT. Jafza offers different kinds of business licenses too.
Big Companies are There
Over 100 big companies, like Nestle and PepsiCo, have offices in Jafza. It's created a lot of jobs and helped with trade in the area.
Jafza has many office spaces in tall and short buildings with modern technology. They have fast elevators and lots of parking. You can rent a small office or a whole building.
Housing for Workers
Jafza offers housing for workers, which is good for companies with many employees. This helps save money on transportation.
The accommodations have clean bathrooms, dining halls, and are close to mosques, shops, and sports areas. Plus, there's 24-hour security.
Overall, Jafza is a top choice for starting a business in Dubai because of its location, tax benefits, big companies, office spaces, and worker housing.
Jafza in Dubai focuses on attracting foreign investments and boosting the region's economy. It was the first emirati to introduce the free zone model in the UAE, which is quite different from freehold districts in Dubai.
Jafza hosts a diverse range of industries, and here we discuss some of the top companies in these sectors.
Logistics and Shipping
In Jafza, logistics and shipping are major industries, thanks to its proximity to Jebel Ali port. Because it is in an excellent location and has great facilities and safety measures, it is a great place for both local and foreign shipping companies.
Agility Global Integrated Logistics, FedEx Express Service Center, DHL Jebel Ali Free Zone Service Point, and a few others are reputable businesses in the logistics industry.
Jafza's attractive business policies, such as 100% ownership and no personal income tax, have resulted in various multinational corporations. Because of these rules, a lot of foreign companies have chosen to set up their area offices in Jafza.
Some of the major multinational firms with offices in Jafza include LG Electronics, Mitsubishi Motors Middle East and Africa, PepsiCo, Nestle, and others.
Several banks operate in Jafza, offering a range of financial services centered around business needs. Commercial Bank of Dubai, Dubai Islamic Bank, Emirates NBD, and HSBC Bank Middle East are some of the best banks in this area.
Auditing and Accounting Companies
For smooth business operations, a streamlined auditing and accounting system is essential. In Jafza, several firms provide these services, ensuring effective internal controls and reducing financial fraud risks.
Some of the leading auditing and accounting companies in Jafza are Emirates Chartered Accountants and United Auditing, Ace Global Chartered Accountants, and others.
There are places like the Dubai Jebel Ali Free Zone (Jafza) that are only for business. These places can help the economy grow and bring in money from all over the world. Jafza is a great place for businesses to grow because it is in a great spot, offers tax breaks, and has a lot of different types of businesses. Companies from both inside and outside the country can use this zone to meet a wide range of needs, from logistics and banks to logistics and global companies.
It's easy to start a business there, there are modern office spaces, and employees can live there. Jafza's all-around approach makes it a top choice for anyone in Dubai who wants to start or grow a business.
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