среда, 24 июля 2019 г.

Business Set up in Dubai - s Jebel Ali Free Zone - Jafza

Setting up your business in Jafza.

Business Set up in Dubai - s Jebel Ali Free Zone - Jafza
Depending on the number of shareholders and the nature of business, Jafza offers three formation types, three types of licenses and a wide variety of license activities. Formation Types. The number of shareholders determine the formation type for the companies being established in Jebel Ali Free Zone. Multiple shareholders. Two to 50 shareholders can set up a Free Zone Company (FZCo) in Jebel Ali Free Zone. These shareholders can be individuals (two to 50 people), non-individuals (two to 50 companies) or a combination of both. An FZCo is essentially a Limited Liability Partnership within the Free Zone, with the liabilities of the company limited to the paid up capital. Two to 50 shareholders can also set up a Public Listed Company (PLC) within the Free Zone. These shareholders can be individuals (two to 50 people), non-individuals (2 to 50 companies) or a combination of both.
Business Set up in Dubai - s Jebel Ali Free Zone - Jafza
A PLC is essentially a Limited Liability Partnership within the Free Zone, with the liabilities of the company limited to the paid up capital. A single shareholder. Whether an individual or a company, a single shareholder can register a Free Zone Establishment (FZE) in Jafza. An FZE is essentially a Limited Liability Company within the Free Zone. An FZCo is essentially a Limited Liability Partnership within the Free Zone, with the liabilities of the company limited to the paid up capital. A FZCo has a legal personality distinct from that of its shareholder and it has the capacity, rights and privileges of a natural person. Any existing established entity. Branch within the Free Zone can be registered by any entity already established outside Jebel Ali Free Zone. A branch is considered a legal entity of its parent company; is 100% owned by the parent company, operates under the same name and conducts the same business.

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