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JAFZA Approval

Category: DUBAI APPROVALAuthor: HOME

A lot of things need to be considered before establishing a business in JAFZA, which happens to be the world’s biggest free zone area. Just getting started can be a very daunting task for many clients to start a business that needs to acquire various Dubai Approvals. Our company Dubai Approvals Team is specially dedicated to assist such clients in getting Dubai approvals including JAFZA Approval without any trouble and time delay. Our company will help you become a part of the JAFZA community which is the host to the top businesses in the world today.

 

 


 

Why Choose JAFZA?

JAFZA is the biggest free zone in the world which was established in the year 1985. Because of the different policies that benefit people investing in JAFZA, more than 7000 companies are based in the area. JAFZA is uniquely designed to ensure the right environment for setting up offices, warehouses, outlets, business parks, and employee hostels. The dynamic prospect of JAFZA is what makes it all attractive for the investors. Some of the attractive policies of JAFZA are as follows:

  1. JAFZA does not restrict any workers from any country.
  2. JAFZA does not impose any personal income tax.
  3. The use of foreign currencies from any country is allowed.
  4. JAFZA does not impose any import or re-export duties.
  5. Onsite customs are another specialty of JAFZA.
  6. You can get rid of corporate tax for 50 years in JAFZA.
  7. Total foreign ownership is allowed in JAFZA.

 

What are the documents required to set up a business and acquire JAFZA Approval?

Many documents and details of your business set up is required to obtain JAFZA approval. While the process may seem lengthy it ensures only the right and eligible people get the approval. First of all, you need to have an application form for the business setup in JAFZA. Letter of intent which clearly states the kind of setup you are seeking in JAFZA approval is also required. A copy of the passport and CV of the manager as well as all the shareholders is also required. You also require NOC from sponsors and a bank reference letter for each shareholder. You may also require an approval letter from the third authority in some cases.