it is the biggest free zone in the world and established as the business hub of the middle east. It is on the strategic location from where the goods can be imported or exported to and from the corners of the world. The benefits that attract the investors are full foreign ownership, no corporate tax for 50 years, no boundries on capital repatriation, no import & export duties, no personal income tax, no currency restrictions, and no restrictions of hiring foriegnersetc.
Around seven thousand companies from more that one hundred and twenty countries, and the companies hold variety license types along with the license activities. License depends on your nature of business and different types of company formation. IMAS is your business set up solution partner that gives smoothe business inputs along with all the required paper work solutions.
Under service license at JAFZA consultancies, professional services and technology, while some activites require the external approvals also as it depends on the nature of business. Tading license covers wide range of import and export activites and besides it general trading license is also available. Logistics license covers specified logistics services but trading is not allowed. For light and heavy industries the industrial Licenses are there. National Idustrial Licenses allows allows manufacturing with fifty one percent of GCC ownership. The other types of licenses are E Commerce license and Innovation Lisence, further to know more contact IMAS.