Logistics company in jafza. JAFZA is the leading business hub of the Middle East. It focuses on long term customer relationships. It promotes alliances with worldwide investors by providing them world class infrastructure supported with quality driven value added services and incentives, empowering them to capitalize on huge business opportunities in the region, in the most systematic way. Today, Jabel Ali Freezone is one of the strongest brands within the region and stands for excellence, innovation and the power of partnership. It is also world’s first free zone to win ISO certification in 1996. Company Formation in JAFZA. Following documents are required to set up company in JAZFA: Application for Facility Passports copy of each Individual (Share Holders and Managers) Bank Reference for each individual Project Summary Parent Company's Profile (In case of Branch formation) Application for Registration a Free Zone Company "FZCO" (In case of establishing a FZCO) Application for Registration a Free Zone Establishment "FZE" (In case of establishing a FZE). A one time non-refundable application fee of Dhs. 500. Legal Structure of JAFZA Companies. Free Zone Establishment (FZE) and Free Zone Company (FZCO): FZE and FZCO applicants can make use of Jafza’s unique offer of setting up a company as a separate legal entity. FZE can be formed with a single shareholders and an FZCO can be formed with 2 to 5 shareholders. Special Status Non-Resident Offshore Companies: JAFZA permits setting up of offshore Company by people or corporate bodies, as a non-resident organization, having a corporate legal entity, under Jebel Ali Free Zone Offshore Companies Regulations 2003. Types Of Company Licences. Jafza issues various types of company licences. General Trading Licence enables the holder to import, distribute and store all items according to rules and regulations of Jafza. Trading Licence enables the holder to import, export, distribute and store items specified on the license. Industrial Licence enables the holder to import raw materials, do the manufacture of specified products and export the finished product to any country. Service Licence enables the holder carry out the services indicated in the licence within the Free Zone. The kind of service must fit in with license of the parent company, issued by the Economic Department or Municipality of the applicable Emirate in the UAE. National Industrial Licence is intended for manufacturing companies with an ownership or shareholding of no less than 51% with AGCC (Arabian Gulf Co-operation Council) nationals/natives. The value added to the item in the Free Zone must add up to at least 40%. This company license enables the holder the same status as a local or AGCC inside the UAE.
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