Obtain Jafza industrial license: what do you need to know?
Currently, many entrepreneurs intend to establish manufacturing businesses in one of the free zones in the UAE. One of the most famous and preferred by foreigners is Jebel Ali Free Zone. If you are an entrepreneur who wants to start your business activities in this free zone, you must obtain the JAFZA industrial license. They give you the possibility of being able to offer different services that may be of interest to you. In this article, you will see all the information you need to know about the JAFZA industrial license. The first thing will be to define it, so you can understand your possibilities and limitations. Secondly, we will show you how is the management in JAFZA Jebel Ali Free Zone. In addition, you will see the importance of this license for any businessman who wishes to establish himself here. Finally, we will explain in detail the process so that you can obtain this industrial license. 1. Do you know what is JAFZA industrial license? The type of license you will need to operate with JAFZA will depend on the activity you wish to carry out with your company. Therefore, if you want to start a new company, you must be clear about what activity you will carry out to request the appropriate license. Due to its widespread and superior infrastructure, having companies in the Jebel Ali industrial area will facilitate industrial growth. You can find that manufacturing is the production of different goods through a series of processes. The processes can range from biological or chemical processing to the assembly of different components. Having a JAFZA industrial license is for those companies that want to establish a manufacturing process. Here You can include the purchase of raw materials, the production of the final product, and all sales and support services. In addition, you find the import of goods that will be used for the assembly or manufacture of the product. All activities under an industrial license in Dubai include production, packaging, harvesting, etc. One of the basic requirements to obtain a JAFZA industrial license is to have a production plant. In addition, you must have the deposit within the same free zone. It is important that you are aware of all the challenges of doing business in the UAE before starting any venture. At Connect Middle East we can help you with everything you need to start your business. 2. Learn about Jebel Ali Free Zone management (JAFZA) The largest free zone in the UAE is JAFZA and it is one of the largest in the world. Since it was formed in 1985, it has been home to many of the UAE’s largest corporations and industries. Companies in Jebel Ali free zone contribute more than 20% of all foreign investment that currently exists in Dubai. You can find that more than 50% of all exports from Dubai are generated from JAFZA. Therefore, it has practically indisputable importance as a shopping center; counting on a valuation of 69 billion dollars in trade alone, making the JAFZA best deal a great opportunity. The port of Jebel Ali, where JAFZA is located, is known to be the largest port in the world. In addition, it has a capacity for an annual accommodation of more than 15 million containers. With 170 different maritime routes. On the other hand, JAFZA warehouses can also fasten that they have a strategic location. The warehouses have access to the main markets worldwide, thus obtaining a broader reach. In addition, both Al Maktoum Cargo Airport and Dubai International Airport are nearby. In this way, the entire process that encompasses air trade is greatly facilitated. 3. Why is a JAFZA industrial license required? The UAE, and therefore also Dubai, derive great benefit from its centralized location. This gives you easy access to more than 17 different countries. Therefore, many people seek to obtain a JAFZA industrial license. You need the license, in order to comply with certain conditions that you will see below: If the commercial activity that your company wishes to carry out requires the production, creation, and manufacture of different physical products or goods. If you need to import or export the raw materials that are necessary for a manufacturing process. To make new products using raw materials that already exist, or that are formed by combining 2 or more products. For you to obtain a JAFZA industrial license it is of the utmost importance that you own a warehouse. The companies will have to lease a production facility. In addition, they must also lease a warehouse that is located at JAFZA to obtain their business license. Therefore, all Jebel Ali companies must comply with all the compliance requirements established by the HSE. In the same way, you must do it with audits that will be carried out periodically. With this, you will be able to obtain your JAFZA industrial license without any inconvenience. 3.1 What benefits are obtained from a JAFZA industrial license? You can find that there are several advantages of having a Jebel Ali Free Zone license. These advantages can help us boost the business operations of our company and any others. Also, if you are wondering if starting your business in the UAE is beneficial, it is important that you continue reading. Among the benefits offered by this license, we find the following: You will not have currency restrictions. You will have customs on site. It has a very favorable environment for business. You will have a 0% personal income tax. You will have both office space and warehouse space available. There are no capital repatriation restrictions. You will have regulations that are beneficial to the industry. There is a great facility for company formation. You will have 100% ownership of the business. It is one of the best 10 free zones that currently exist around the world. You can opt for a Freezone visa, which will help you if you want to obtain a residence visa. In addition, you
