- September 29, 2019
- Posted by: MSZ Consultant
- Category: Business Setup
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
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.
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.
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