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JAFZA Approval

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JAFZA Approval

A lot of things need to be considered before establishing a business in JAFZA, which happens to be the world’s biggest free zone area. Just getting started can be a very daunting task for many clients to start a business. Our company Dubai Approvals team is specially dedicated to assist such clients in getting approvals without any trouble and time delay. Our company will help you become a part of the JaFZA community which is the hosts to the top businesses in the world today.

Why Choose JAFZA?

JAFZA is the biggest free zone in the world which was established in the year 1985. Because of the different policies that benefits people investing in JAFZA, more than 7000 companies are based in the area. JAFZA is uniquely designed to ensure the right environment for setting up offices, warehouses, outlets, business parks and employee hostels. The dynamic prospect of JAFZA is what makes it all attractive for the investors. Some of the attractive policies of JAFZA are as follows:

  • JAFZA does not restrict any workers from any countries.
  • JAFZA does not impose any personal income tax.
  • Use of foreign currencies from any country is allowed.
  • JAFZA does not impose any import or re-export duties.
  • Onsite customs is another speciality of JAFZA.
  • You can get rid of corporate tax for 50 years in JAFZA.
  • Total foreign ownership is allowed in JAFZA.
What are the documents required to set up a business in JAFZA?

Many documents and details of your business set up is required to obtain an approval from JAFZA. While the process may seem lengthy it ensures only the right and eligible people get the approval. First of all you need to have an application form for business set up in JAFZA. Letter of intent which clearly states the kind of set up you are seeking in JAFZA is also required. The copy of the passport and CV of the manager as well as all the shareholders is also required. You also require NOC from sponsors and a bank reference letter for each shareholders. You may also require approval letter from third authority in some cases.

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