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
Find out how much it cost you to setup your Dream Business
Other Recent Blogs
Steps for Company Incorporation in Dubai
Dubai is a world-renowned destination for business, drawing investors and entrepreneurs from around the world. Businesses here take advantage of straightforward registration processes, opportunities for growth, business-positive regulations, and relaxed tax...
LLC or Sole Proprietorship: Which is the Best Way to Setup Your UAE Business?
Setting Up a Business in Dubai If you’re an entrepreneur who’s ready to launch a business setup in Dubai, you have many options available to you. Some initial questions you’ll want to answer for yourself include where you want to conduct business, and what type of...
Dispelling Myths Surrounding Offshore Company Setup in the UAE
Offshore Companies in the UAE The offshore company set up in the UAE is a lucrative, tax-efficient venture for many entrepreneurs hoping to conduct international trade. Offshore entities are businesses that conduct international trade with minimal tax and accounting...
Is Renting Office Space a Mandatory Part of Business Setup in Dubai?
Office Space for Rent! Office space is heavily intertwined with company formation in Dubai and in all sections of the UAE. When seeking a trade license, renting office space is a compulsory part of the process. For some new investors, this aspect of business can be...
Everything You Need to Know About Dubai’s Virtual Asset Regulation Law
Visual assets, or digital properties such as Bitcoin, NFTs, and Cryptocurrencies, have become an increasingly popular payment tool for digital and real-world transactions. This surge in interest is expected to only grow in the coming years with the advent of...
How to Set Up a Media Company in Dubai
Dubai is renowned for its place as one of the world's leading business and trade hubs. It's home to a diverse economy, incredible tourist attractions, and bountiful business opportunities. However, it's also a dedicated destination for artistic endeavors in media,...
Subscribe to Our Newsletter
We’ll keep you updated on the latest trends and news