From over 19 companies in 1985 to over 7000 companies today. JAFZA has become one of the largest free zones in the world. It contributes to more than 20% of Dubai’s total GDP. Ideally located at the world’s crossroad JAFZA is strategically positioned to connect businesses to the world. There are a number of businessmen who choose to set up a business in JAFZA.
Here are 5 main reasons for setting up a business in JAFZA
-
Network:
One of the largest business communities in the region, JAFZA caters to the requirements of all companies. Their community of entrepreneurs and multinationals connects in a unique business ecosystem to reduce costs. It brings in new opportunities and increases their mutual success. JAFZA makes it the right location for the business to network and grow.
-
Operations:
JAFZA’s one-stop-shop integrates people, products, and centralized processes takes ease of business to a whole new level. Business in JAFZA has a single point of contact that handles all administration, documentation, and applications. It allows companies to focus on their operations and begin their business with ease and speed.
-
Expansion:
A range of incentives makes JAFZA the ideal based for organizations to expand their operations in the middle east. It offers a wide range of facilities that are perfect for the present and flexible for future enterprises.
-
Tax Benefits:
JAFZA has 0 percent corporate tax for 50 years and 100% foreign ownership. It allows no restrictions on employment, on hiring foreign employees. It has 0 percent import and re-export duties, 0 percent personal income tax, and no currency restrictions.
-
Diversity in types of business:
There are varied types of businesses that can be set up in JAFZA. It welcomes a wide array of business activities and offers flexibility in the business.
JAFZA is an attractive economic zone in Dubai. Connect to a regional global market through seamless logistics platform, network within a thriving community, and set up a business in JAFZA with the help of MSZ Consultancy.
