The United Arab Emirates is considered one of the best investment destinations ever. Not only at the Arab level, but also at the global level. This is due to the ease of conducting investment business there, and the ease of establishing companies as well. In addition to the great diversity of the investment field, and the presence of many distinct investment areas. For this reason, in the lines of this article, we will talk about all the important information about investing in the Jebel Ali region. Continue reading with us to learn more about it.
What is Jebel Ali area?
The Jebel Ali area in Dubai is considered one of the most prominent investment destinations in the UAE in general. This is because it contains a free industrial zone, known as JAFZA. In addition, it provides many facilities for investors, and offers many advantages for foreign investors. This area is also distinguished by its geographical location, close to the city center of Dubai, and to the international airport located there.
Jebel Ali Port
The Jebel Ali area contains one of the largest ports in the Middle East. In addition, the strategic location of this port makes it one of the best places to establish some investment businesses, such as import, export, etc. This port is also distinguished by the presence of a large number of local and international companies in it, and the largest aluminum factory in it as well. For this reason, it is considered a very distinctive investment destination for many people.
Why invest in Jebel Ali?
There are many things that motivate investors, especially foreigners, to invest in the Jebel Ali region. Among the most important of these features we mention the following:
- Low costs of investment in the region.
- 100% corporate tax exemption.
- The ability to own companies for 100% foreigners, without an Emirati partner.
- No import duties.
- Ease of procedures for establishing companies in general.
- Obtaining a 3-year investor visa for the investor and his family.
- Tax status as an internal resident, benefiting from tax agreements and issuing a tax residency certificate.
- Complete income tax exemption.
- Ease of conducting all legal transactions in the region.
- Huge international investor base.
- The stability of the economic situation, in addition to the great diversity of investment opportunities and fields.
Types of commercial licenses in the Jebel Ali region
The UAE offers you different types of business licenses. Every investor must obtain the commercial license appropriate to the nature of his business in the first place. Among the most important commercial licenses available in the Jebel Ali region, we mention to you:
- Industrial licence: which allows its holder to import and export raw materials, in addition to manufacturing some products and exporting them to countries around the world.
- General Business Licenses: These licenses allow welders to import, store and distribute various items.
- Commercial License: As for this license, it allows the welder to import, export, distribute and store various items as well.
- Service business licenses: Finally, this license allows the welder to perform some of the services that are indicated in the license within the free zone.
Cost of investing in Jebel Ali
Speaking about the cost of investing in the Jebel Ali area, this cost cannot be determined accurately for every investor. This is because they vary greatly and depending on many different factors. The most prominent of these factors is the nature of the work, in addition to the size and type of the company and its location. But in general, we can say that the cost of investing in this area is much lower than the cost of investing in other areas in Dubai. This is due to the facilities and advantages provided by the state to investors in free industrial zones.
Tadabeer Company..your partner in success
Tadabeer Company works to provide all the services necessary to establish companies in Dubai and the Emirates. Among the services we provide are advisory services, implementing all the necessary steps to establish companies and businesses in Dubai, obtaining various types of commercial licenses, opening commercial records, and many others. Contact us through the following links to benefit from our services, or for any question or inquiry about the topic of today’s article.
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