There are many wonderful areas for investment in the Emirates, and one of the best areas is the Jebel Ali area in Dubai. This region allows you to start many different businesses, and the investment opportunities vary greatly. That’s why many people want to get to know this region better. Continue reading with us to learn more about it in terms of business and investment for the year 2024.
What is the Jebel Ali area?
It is a very special strategic area located in Dubai in the United Arab Emirates. This region is famous because of the many facilities it offers to business owners investing in it, whether local or foreign. In addition, the region is also distinguished by the fact that it contains one of the largest ports in the world, and one of the largest aluminum factories in the Middle East.
Many investors seek to establish their own companies in the Jebel Ali area, due to several different reasons. One of the most important of these reasons is that the region allows for the implementation of various commercial and industrial businesses, in addition to the many facilities provided by the UAE for establishing, starting and continuing businesses there.
About Jebel Ali Free Zone
The Jebel Ali area in Dubai has one of the largest free zones in the Emirates, which is known as Hafza. This region includes many large, medium and small international and local companies. Not only that, but the business in this region is very diverse, especially compared to other regions in the Emirates.
Advantages of investing in this region
Investing in the Jebel Ali in the Free Zone has many wonderful advantages, the most prominent of which we mention to you:
- The costs of investing and establishing companies in the region are low.
- Companies established in the free zone are completely exempt from taxes.
- It also allows foreign investors to own 100% of companies there.
- And without the need for an Emirati partner either.
- There are no import duties in this region.
- The implementation steps and procedures for opening companies in the region are simple from a legal standpoint.
- It is possible to obtain a 3-year residency in the region to start investment businesses.
- The investor is completely exempt from income tax.
- Business procedures and transactions in the region are also very simple.
- Stability of the political and economic conditions in the region.
- In addition to the great development of technological services.
Types of commercial licenses in the region
There are many different commercial licenses available in the region, the most prominent of which are:
- Industrial license: allows its holder to import raw materials and export materials to countries around the world.
- General Trade License: Allows its holder to import, distribute and store most different items.
- Commercial License: This license allows its holder to import, export, distribute and store various items.
- Service Business License: As for this license, it allows its holder to carry out some specific services referred to by the free zone.
Tadabeer Company..your partner in success
Tadabeer Company seeks to implement all services and work related to the establishment of various companies and businesses in Dubai and the Emirates. Among the services we provide are: establishing and opening new companies in Dubai, opening commercial registers, obtaining commercial licenses of various types, and other services. Contact us through the following links to benefit from our services, or for any inquiry or question regarding the topic of today’s article.
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