Jebel Ali

Jebel Ali is the largest port in the entire Middle East and was constructed between 1976 and 1979. Jebel Ali is regarded to be a part of Dubai, the capital of UAE or the United Arab Emirates.

As far as the location of Jebel Ali is concerned, it is situated close to Dubai and well connected with Fujairah, a port of UAE, by road. The port of Mina Jebel Ali, as it is better known as is the biggest harbor in the world, which is man-made. It has 67 berths and great dry-dock capability. It is due to the strategic location of the port that it serves as a proper maritime link connecting the West with the Far East. The port of Jebel Ali is very modern and upgraded in the entire region. It is completely equipped in order to meet the needs of both international and local land transportation.

Jebel Ali Free Zone or JAFZ, set up in 1985 is the prominent industrial area, which surrounds the port. The various companies, situated in this zone are able to enjoy a number of world class facilities of the port such as no import or export duties, no personal income tax, no corporate tax for 15 years, excellent communication, no restrictions on currency and much more.

Jebel Ali is famous for its port, which is one of the 3 man-made structures that can be observed from the space.

Economy

United Arab Emirates economy is highly dependent on natural resources like oil and natural gas. With an upscale market for the oil resources, the oil industries in UAE have got a great boost. Going by the process of land reclamation, oil refining and creating trading relations with various alliances, there has been a considerable hike in the United Arab Emirates Economy.

With the advancement of technology and science in the country, Dubai has found suitable means to desalinize the water of the sea for the purpose of irrigation. Turning waste lands into arable stretches has become the biggest achievement for the United Arab emirates economy. Off the coast fishing has also had a considerable contribution in the economy of United Arab Emirates.

UAE shares a healthy trade relation with UK, who forms one of the most important export partner of the country. Export transactions worth millions of dollars are carried out by Britain in the field of Manufactured goods, power generation equipment, telecommunications equipment, industrial machinery and vehicles. Investments in United Arab Emirates is therefore concentrated in the above sectors apart from oil industries. Some of the other industries in United Arab Emirates include cement industries, food processing industries and plastic industries.

Jebel Ali Offshore Company

Jafza Offshore's flexible and advanced rules of investment have contributed in creating a suitable environment that encourages many international companies to use Jafza Offshore as a springboard to reach their targeted markets. The massive logistic support base offered by Jafza also helps investors to move freely in borderless areas. Jafza Offshore was among several UAE institutions that participated in the forum, including the UAE Central Bank and the Sharjah Chamber of Commerce.

With the introduction of the Regulations for Jebel Ali Free Zone Offshore Companieson 15 January 2003, international business community can establish offshore entities at JAFZ, in line with other international offshore jurisdictions.

Universal Consultants JLT will assist you to obtain a license and get your offshore company registered in the Jebel Ali Free Zone. A Jebel Ali offshore company is free to carry out any lawful activity other than banking or insurance business.

Setting up a Dubai offshore company or an off shore company in any other Emirate of UAE calls for excellent understanding of offshore jurisdiction laws. We help you avoid common mistakes while structuring your company and provide you all essential guidance and support for the offshore jurisdiction of your choice.

Features:

• 100% foreign ownership

• Company can own real estate properties on Palm islands or any properties owned by Nakheel Company LLC or any other real estate properties approved by the Jebel Ali Free Zone Authority (JAFZA)

• Company can hold an account in a bank in the UAE for the purpose of conducting routine operational transactions.

• One residence visa will be issued for one director, if the Offshore Company is maintaining an office in the Free Zone.

• The Company will not be allowed to carry on business with people who are resident in the UAE or carry out any trade in the free zone or in the UAE, unless they have first obtained the appropriate license from the relevant competent authority.

• The registrar has the power to appoint competent inspectors to investigate the affairs of the offshore Company. Upon discretion of the registrar, inspection costs may be charged to any office bearer of the Company.