The Jebel Ali area enjoys a strategic location for business in Dubai, as it is considered one of the most prominent specialized free zones in the emirate and provides an ideal investment environment for local and international companies. In this article, we will explore the procedures for establishing a company in Jebel Ali, and learn about the services of Itqan Company in this context.
Establishing a company in Jebel Ali requires following specific procedures and following local laws and regulations. These procedures include determining the type of company to be created, whether it is a private joint stock company or a limited liability company, and determining the business activities that the company will undertake.
In addition, establishing a company in Jebel Ali requires preparing the necessary documents such as contracts and legal documents, submitting them to the competent authorities and paying the required fees. Itqan can provide full support in this process, starting with providing legal advice on suitable types of companies and ending with assistance in preparing and submitting documents correctly and in a timely manner.
This article aims to explain the basic steps for establishing a company in Jebel Ali and the role of Itqan Company in providing the necessary services to ensure the success of the company establishment process and its compliance with legal and regulatory standards in the region.
Procedures for establishing a company in Jebel Ali
Jebel Ali is one of the most prominent free zones in Dubai, providing an ideal investment environment for companies. Establishing a company in Jebel Ali is a strategic step that requires following specific procedures and taking into account local laws and regulations. Here are the steps to establish a company in Jebel Ali:
- Determine the type of company: Before starting the incorporation process, you must determine the appropriate type of company for the planned business activity, whether it is a private joint stock company, a limited liability company, or an individual company.
- Choosing a company name: You must choose a unique and appropriate name for the company, and ensure that it is not similar to the names of other companies in the commercial registry.
- Identifying commercial activities: The commercial activities that the company will undertake must be determined, which may require special licenses depending on the type of activity.
- Preparing legal documents: This requires preparing legal documents such as contracts and agreements necessary to establish the company, in addition to submitting them to the relevant government agencies.
- Submission to the competent authorities: After preparing the documents, they are submitted to the competent authorities in Jebel Ali, paying the required fees and providing the necessary information.
- Obtaining licenses and permits: After reviewing the documents and information, the necessary licenses and permits to start the business are extracted.
These steps form the basis of the process of establishing a company in Jebel Ali , and more information and support can be obtained by working with specialized companies such as Itqan Company to ensure the implementation of procedures smoothly and effectively.
Types of companies in Dubai
| Type of Company | the description | Advantages |
|---|---|---|
| Private joint stock company | It is a common form of company in Jebel Ali, where shareholders own shares in the capital and bear risks and responsibilities in proportion to their share, and are subject to local laws and legislation. | 1. Providing flexibility in the management and operating structure, as internal procedures and policies can be determined independently.2. Providing opportunities to combine financing sources from different shareholders enhances the ability to finance projects and grow. 3. Protection for shareholders who have limited liability for the company’s losses. |
| A limited liability company | A popular form of SMEs in Jebel Ali, the principals of the company are only liable for its losses to the extent of the invested capital, protecting their personal assets. Subject to local laws and legislation. | 1. Protecting the personal assets of the company’s officials, as they are not responsible for anything other than the limits of the invested capital.2. The possibility of attracting new investors and partners due to the legal protection of limited liability. 3. Providing a safe investment environment that encourages growth and investment in projects. |
| Sole proprietorship | It is considered a simple and flexible form of company establishment in Jebel Ali, where the owner is one and bears personal responsibility for all obligations and debts of the company. Subject to local laws and legislation. | 1. Ease of management and operation thanks to the simple structure of the company.2. Providing speed and flexibility in decision-making and business development. 3. The ability to retain profits directly without dividing them with other partners. |
Frequently asked questions about establishing companies in Jebel Ali
What are the basic steps to establish a company in Jebel Ali?
- Determine the appropriate type of company for the business activity.
- Choose a unique company name and confirm it to ensure availability.
- Preparing the necessary documents such as the founding certificate and work system.
- Register the company and obtain the necessary licenses.
What are the main advantages of setting up a company in Jebel Ali?
- A developed investment environment and an encouraging business climate.
- Ability to reach an international and Middle Eastern market thanks to the strategic location.
- Providing modern facilities and advanced infrastructure.
What are the expected fees for setting up a company in Jebel Ali?
Fees vary depending on the type of company and activity, and may include fees for registration, licenses, and legal documents.
What business activities can companies undertake in Jebel Ali?
Business activities in Jebel Ali include a wide range of sectors such as trade, industry, professional services, technology, and others.
