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Jebel Ali, the first investment area in the Emirates

Jebel Ali, the first investment area in the Emirates

Jebel Ali is the first investment zone in the Emirates, one of the most prominent industrial and logistics areas in the United Arab Emirates, distinguished by its strategic location in the Emirate of Dubai. This area was established as its own free zone, making it an ideal destination for investment and business establishment. Jebel Ali is known for its advanced infrastructure and its provision of excellent logistical and administrative support to companies, making it a leading center for trade and manufacturing in the region. In addition, Jebel Ali has modern facilities that include seaports and international airports, making it easier for companies to facilitate import and export operations with high efficiency. The region also provides a flexible legal and regulatory environment that contributes to attracting foreign investments and supporting the growth of emerging and medium-sized companies. Thanks to these characteristics, Jebel Ali is an attractive investment destination for companies looking for a conducive environment for growth and expansion in the regional and global market.

Jebel Ali, the first investment area in the Emirates
Jebel Ali, the first investment area in the Emirates

Jebel Ali is the first investment area in the Emirates

Jebel Ali is considered a leading investment area in the UAE, as it combines advanced infrastructure and a strategic location that enhances economic growth opportunities. The region is located in the Emirate of Dubai and is characterized by providing an ideal business environment, supported by flexible investment policies and modern facilities that include sea ports and international airports. Thanks to this strong infrastructure, Jebel Ali has great investment attractiveness for companies wishing to expand and grow, whether in the industrial, logistics, trade, or services sectors.

Jebel Ali is home to a diverse range of global and local industries and companies that benefit from advanced infrastructure and efficient logistical support. In addition, the region provides a flexible legal environment and easy administrative procedures, making it easier for companies to establish and grow their businesses efficiently. Jebel Ali is also considered an important center for global trade, attracting companies specialized in international trade and logistics thanks to the presence of advanced seaports and a strong manufacturing base. Thanks to these factors, choosing Jebel Ali as a business location is considered a successful strategy for companies seeking growth and prosperity in the Middle East and the world at large.

Investing in Jebel Ali

Before knowing the forms and methods of investment in Jebel Ali, we must first know what Jebel Ali is, as it is the first investment area in the United Arab Emirates.

The Emirate of Dubai includes many important and distinguished areas that have made it one of the most important Emirates for trade and the most attractive Emirates for foreign investors due to the excellent places that this Emirate contains, and the most important of these areas is the Jebel Ali area. The Jebel Ali area is approximately 30 km from the center of Dubai, so it heads to… West towards the city of Abu Dhabi. This area (Jebel Ali) also includes an important port that is considered one of the largest and most important ports in the world, which is Jebel Ali Port. This area also contains the most important factories for manufacturing aluminum. This area is also distinguished by the presence of a five-star hotel called the Jebel Ali Hotel.

In addition, the Jebel Ali region is considered one of the most important regions that includes the largest free zone in the Arabian Gulf. This region is also distinguished by the fact that it works to provide a work environment that helps achieve large profits without paying any types of taxes and without the need for a partner who holds Emirati citizenship.

Investing in the free zone

The free zone always seeks to assist new companies in the process of establishing their companies. The step of knowing the initial costs of establishing companies is considered one of the most important steps in developing a viable business plan for companies. We can help you finance your project through investors who have dealt with us before and with the best and most important investment companies present in the Emirates. You just need to make a project plan and review it to find the right investor with us.

The government also provides sufficient support to Emirati entrepreneurs, and there are many, many grants available for people who have a strong business plan and are foreigners to the Emirates. The Emirati government is also working to provide many commercial and administrative buildings and free business centers available for rent in the free zone in order for investment to take place. Within the free zone to suit the size of their business and the services they provide while providing appropriate solutions to all investor complaints.

Steps to establish a company in Dubai

That is, whatever your financial capacity or what you carry and set aside a financial budget to establish and establish any investment projects or establish a company in Dubai, you can now establish any project or any investment service in Dubai due to the multiplicity of needs of the UAE and also due to the ease of providing means and methods for establishing investment projects in it, but it must Knowing the appropriate and basic steps in establishing a company in Dubai are as follows:

Determine the nature of the company’s activity

Determining the activity of the company you wish to establish in Dubai is one of the most important procedures imposed by UAE law for establishing companies in Dubai. This facilitates the procedures according to each desired activity. It also determines the parties associated with the activity and the permitted legal forms.

There are many economic activities permitted in the UAE, about 2000 economic activities, and economic activities are classified into three main types: commercial activity, which is (real estate, leasing, transportation, transportation, financial intermediation, wholesale, retail, storage, and communications), and professional activity, which is (agriculture and health). Social work, education, and various service activities related to society, i.e. every activity that depends on physical and mental activity to practice it), and finally industrial activity, which includes (the transformative industries of mining, water, electricity, and quarrying), and there are also some tourism activities.

Determine the legal form of the company

Here we talk about the legal form of the new company founded by a woman. This form depends on the nationality of its owners, and the type of company that you plan to establish in Dubai, and they are as follows:

  1. Solidarity company.
  2. Limited liability companies.
  3. Public joint stock company.
  4. Private joint stock company.
  5. Civil works company.

Trade name registration

The trade name in establishing a company in Dubai is what distinguishes one license from another. It is also related to the form and activity of the company and is fulfilled by several important conditions that the Department of Economic Development stipulates and applies to the trade name before it approves the name with which the company is to be registered, namely that the trade name must not contain any Words that are inappropriate for the country, and that they do not violate public and private taste in the country, and that the company name reflects the commercial activity accurately and clearly.

Obtain initial approval

After determining the activity to establish the company, the legal form for establishing the company as well, and registering its trade name, you must obtain initial approval for your economic activity for the company and follow up in order to obtain the approval of the authorities related to the activity.

Preparing the articles of incorporation and choosing a location for your business

Here we come to the role of convening or preparing the contract designated for establishing a company in Jebel Ali, Dubai. Bring the contract of incorporation in agreement between you and the competent authorities in Jebel Ali. You must also choose a location to establish the company in Jebel Ali or establish an investment company in the Emirates to carry out your business. All established companies must It must have an existing physical address in the United Arab Emirates, and this headquarters must meet the previously specified requirements and land allocation systems, in addition to having an existing license.

Obtaining approvals from the authorities concerned with the facility’s activity

Some activities and projects require obtaining additional approvals from the authorities responsible for those projects and activities concerned with them, such as approval from the Ministry of Economy, specialized approval from the Ministry of Interior, specialized approval from the Ministry of Justice, approval from Civil Defense if the activity, for example, is related to the activities of selling firefighting equipment, etc. . However, we do not need any additional approvals for activities that fall within the scope of the Department of Economic Development’s specialization.

Obtaining the license

After completing all the previous steps to prepare and establish an investment company in Jebel Ali, you can receive the license for the activity for which you want to establish the company after attaching some of the required documents, including also the economic development steps and paying the commercial license fees for establishing the company, then after registering in the Chamber of Commerce as a member.

Establishing a company in the free zone

By establishing a company in the free zone with the help of Itqan Company, you are guaranteed comprehensive experience and support in all stages of business establishment. Itqan Company provides specialized services that include legal and administrative consultations, and assistance in completing commercial licensing and registration procedures, which makes it easier for you to move forward with your founding steps with confidence and ease. In addition, Itqan Al-Maarifa can provide the necessary expertise in the laws and regulations of the free zone, and provide professional advice to ensure that your company is ready to operate in the shortest possible time, and in the best possible conditions for a bright future success.

Costs of establishing a company in Dubai

 The costs of establishing a company in Dubai are mainly limited to several expenses, which are as follows:

  • Cost of a commercial license (license to practice business)
  • The cost of the location of the office or company through which you conduct your business, whether renting or purchasing.
  • Costs related to the furniture and decor of the office in which you operate your business.
  • The cost of work permits for sponsored employees and the visas required for them under your company name.
  • The cost of opening a bank account in the name of the company in a bank and depositing the minimum required capital, depending on the type of your business activity.
  • The legal form of the company, meaning whether it is commercial, industrial, or professional, has a fundamental role in whether the cost of establishment increases or decreases, so the costs of establishing industrial companies are higher than those of establishing commercial and professional companies.
  • Cost of a trade license in Dubai .
Investing in the free zone

Itqan Company services in establishing companies and investing in Jebel Ali

Itqan Company provides various services in establishing companies and investing in the Jebel Ali region, including:

  • Company Establishment: Providing comprehensive services for establishing companies in Jebel Ali, including consultations on choosing the appropriate type of company and preparing the necessary documents.
  • Business Licenses: Assistance in obtaining business licenses and government licenses necessary to start a business in Jebel Ali.
  • Investment Consulting: Providing advice on investment opportunities in Jebel Ali, including information about the economic environment and emerging opportunities in the region.
  • Legal Support Services: Providing legal support services related to company incorporation and legal obligations in Jebel Ali.

For more information and to learn about all the services available, you can contact Itqan Company directly to obtain a customized consultation that suits your specific needs in Jebel Ali.

Establishing companies and investing in the Jebel Ali region represent fruitful strategic options for investors and businessmen alike. Jebel Ali features a developed infrastructure and a distinct strategic location on the Gulf Coast, making it a preferred destination for business in the United Arab Emirates.

When you choose to invest in Jebel Ali , you can benefit from many available opportunities such as easily obtaining business licenses, enjoying attractive tax exemptions, in addition to accessing a large and diverse consumer market.

In addition, companies such as Itqan offer comprehensive services to assist you in the process of establishing a company and investing in Jebel Ali, from arranging documents and licenses to providing specialized legal and investment advice.

Frequently asked questions about establishing companies and investing in Jebel Ali

What are the main benefits of establishing a company in Jebel Ali?

Jebel Ali offers advanced infrastructure, complete tax exemptions, and easy access to the Gulf and international markets. It also provides an encouraging and supportive business environment for emerging and medium-sized companies.

What types of companies can be established in Jebel Ali?

Local companies (such as limited liability companies) and subsidiaries of foreign companies can be established, in addition to Free Zone Companies that enjoy tax exemptions and licensing facilities.

What are the legal requirements for establishing a company in Jebel Ali?

This varies depending on the type of company, but generally basic requirements include submitting the required documentation and complying with local legislation and regulations.

Can foreigners fully own companies in Jebel Ali?

Yes, foreigners can fully own their companies in the Jebel Ali area without the need for a local partner.

What additional services do companies like Itqan in Jebel Ali provide?

Additional services include assistance in arranging licenses, legal and investment consulting, account management, and more to facilitate the process of establishing and operating companies efficiently.