Establishment of a company in Jebel Ali

٠٥ فبراير Establishment of a company in Jebel Ali

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Learn how to establish a company in Jebel Ali? The Jebel Ali area in Dubai is considered one of the most prominent investment destinations in the United Arab Emirates, thanks to its strategic location and advanced logistical facilities. Establishing a company in Jebel Ali offers tremendous opportunities for investors, as the region combines world-class infrastructure with an economic environment conducive to growth and expansion. Jebel Ali is home to one of the largest free zones in the world, providing companies with numerous benefits such as tax exemptions, import and export facilities, and access to regional and global markets. In this article, we will review the steps and advantages of establishing a company in Jebel Ali , in addition to how to benefit from the incentives offered by the region to support new entrepreneurs and investors.

Establishing a company in Jebel Ali

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Steps to establish a company in Jebel Ali

Establishing a company in Jebel Ali requires following specific steps to ensure compliance with local laws and make the most of the benefits available. Here are the main steps for setting up a company in Jebel Ali:

Determine the type of company you wish to establish (such as a limited liability company, joint stock company, etc.).
Choose the business in which your company will operate.
Choose a business name that complies with local regulations. Check the availability of the name by reviewing the list of reserved names.
Prepare incorporation documents such as articles of incorporation, bylaws, and partners agreement if the company has more than one partner.
Submit your application for a commercial license from the Jebel Ali Economic Authority.
Submit all required documents such as passports, certificates of incorporation, and rental contracts if necessary.
Rent office space in Jebel Ali. You can choose an office within the free zone to get additional benefits.
Go through the required registration procedures in Jebel Ali Free Zone, which includes registering with the Department of Economic Development if necessary.
Open a bank account in the company’s name in a local bank to deposit capital and facilitate financial operations.
Obtain all necessary licenses and permits to operate the business, including a business license and environmental permits if necessary.
Recruit workers and register them in government systems such as social insurance and labor.
After completing all the steps, you can start business operations and run your company.
By following these steps, you can establish your company in Jebel Ali and take advantage of the opportunities available in one of the most prominent business districts in Dubai.

Types of companies in Dubai

Here’s a table outlining the types of companies in Dubai , with some basic details about each type:

Type	the details
Limited Liability Company (LLC)	– It consists of one or more partners. – Partners’ liability is limited to the amount of their shares. – A local partner is required in the case of companies with foreign partners.
Private Joint Stock Company	– It consists of a limited number of shareholders. – Can be fully owned by foreigners. – It requires a certain capital, and there must be managers.
Public Joint Stock Company	-Can be open to the public. – Needs more than 10 shareholders. – Higher capital and compliance with strict regulatory requirements.
Sole Proprietorship	– Owned by one individual. – The liability of the company owner is unlimited. – It does not need a local partner, it can be fully owned by foreigners.
Branch of a Foreign Company	– Represents a branch of a foreign company. – The branch must be fully owned by the parent company. – Does not require a local partner.
Free Zone Company	– It can be a limited liability company or a sole proprietorship. – It is registered and operates in a free zone. – It provides tax benefits and additional trade facilities.
Partnership Company	-It consists of two or more partners. – The partners’ liability is joint and unlimited. – Partners can be citizens or companies.
Cooperative	– Focuses on cooperation between members. – Profits and losses are distributed to members. – Requires the introduction of a specific collaborative business model.

Each type of company has advantages and disadvantages, and the type should be chosen based on the nature of the business, legal needs, and company goals.

Procedures for establishing a company in Jebel Ali

Establishing a company in Jebel Ali requires following a series of procedures to ensure compliance with local laws and obtaining all necessary licenses. Here are the steps to establish a company in Jebel Ali:

Determine the type of company and business activity : Determine the type of company (such as limited liability company, joint stock company, etc.) and the business activity you will undertake.
Choosing a business name : Choose a business name that complies with local laws and regulations. He submitted a request to obtain name approval from the Jebel Ali Economic Authority or the competent authority.
Preparing incorporation documents : Prepare the required incorporation documents such as the articles of incorporation, bylaws, and partners’ agreement. And collect the required personal documents such as passports or ID cards for partners and shareholders.
Office Rental : Rent office space in Jebel Ali. If you are setting up a company in a free zone, make sure that the office is located within the boundaries of the free zone.
Opening a bank account : Open a bank account in the name of the company in a local bank, and deposit the capital required to establish the company.
Submit a license application : Submit an application for a commercial license from the Jebel Ali Economic Authority and attach all required documents such as the lease contract and personal documents.
Registration with government agencies : Register your company with the Department of Economic Development in Dubai if necessary. Register the company in government commercial registries and provide the required data.
Obtaining permits and licenses : Obtain all necessary permits and licenses to conduct business activity, including environmental permits if the activity requires them.
Recruitment and registration of workers : Recruit workers, register them in social and health insurance systems, and obtain work visas and residence permits for employees if necessary.
Settle Legal Obligations : Ensure compliance with all local laws and regulations related to the business. Complete any additional procedures required by law, such as paying government fees and updating data.
Starting business operations : After completing all procedures and licenses, you can start business operations and operate the company.

By following these procedures, you can successfully establish your company in Jebel Ali and benefit from the advantages that the region has to offer.

Documents required to establish a company in Jebel Ali

Establishing a company in Jebel Ali requires submitting a set of documents and basic documents to ensure that all requirements of the local authorities are met. Here is a list of documents required to establish a company in Jebel Ali:

Establishment application form submitted by the Jebel Ali Economic Authority or the competent authority.
Passports or ID cards of founders or partners. And recent personal photos of the founders if requested.
The articles of incorporation (signed by all partners) and the company’s bylaws.
A copy of the Jebel Ali Economic Authority’s approval of the trade name you have chosen.
A lease contract for an office or office space in Jebel Ali, or proof of property ownership if you have a private office.
Proof of depositing capital into a bank account in the name of the company, which could be a document from the bank proving the amount deposited.
In case there are foreign partners or investors, you may need a no-objection certificate from the relevant authorities or from the parent companies if the partner is a foreign investor.
Any additional licenses that may be required based on the type of business (such as environmental, health, or industrial licenses).
Power of attorney or legal authorization for individuals authorized to sign and act on behalf of the company if necessary.

Company contact information such as office address, phone number, and email.
Make sure to check the details with local authorities or with a legal advisor such as Itqan to ensure all exact requirements are met depending on the type of company and specific business activity.

How do we help in establishing a company in Jebel Ali?

In conclusion, establishing a company in Jebel Ali represents a distinct strategic opportunity for ambitious investors wishing to benefit from the strategic location and advanced infrastructure of this vital region. Thanks to the advantages provided by the free zone, such as tax exemptions, import and export facilities, and opportunities to access regional and global markets, companies can benefit from a distinguished business environment that supports growth and expansion. By carefully following the legal steps and procedures and submitting the required documents, it is possible to achieve a successful establishment of a company in Jebel Ali and benefit from the advantages offered by this region through Itqan Company. Therefore, if you are thinking of entering the vibrant Dubai market, Jebel Ali offers you a strong and qualified platform to achieve success and prosperity in the world of business.