The jumeirah lakes towers free zone jlt free zone is the free zone authority for the jlt free zone. Rak company formation ras al khaimah, make business, free. We can assist you step by step to setup your rak freezone company. Services applicability fees business rules dmcc free zone. The dubai multi commodity center is a free zone, fastest growing and largest free economic zone in the united arab emirates. Here in the heart of dubai, at the centre of the jumeirah lakes towers district, you will find all you need to live, work and thrive. It offers a topclass business infrastructure for all its investors to grow the business in dubai and globally. When entering a new market, its very easy to lose focus with setting up distractions from rent, bureaucracy, hiring etc.
Dmcc is one of the largest and fastestgrowing free zones in the uae. Hds business center is a commercial building located strategically within the emerging free zone district of dubai, jumeirah lake towers. Dmcc free zone companies can be registered as an individual, branch, andor subsidiaries of local uae or foreign. Dec 11, 2017 as of 3rd december, parking hours in the dubai multi commodities centre dmcc free zone in jumeirah lakes towers jlt will be from 8am to 10pm, saturday to thursday. Frequently asked questions about dmcc park avenue offices dmcc. From leisure and recreation, retail, hospitality, dining and outdoor activities, everything is within close proximity. At jlt law, our fees our competitive with all the bankruptcy firms in the area.
Uae business formation package dubai uae free zones. Uae company formation, uae company set up, uae company registration and uae company incorporation of a uae company. The dubai municipality has disputed the free zone status of jumeirah lakes towers jlt, torpedoing thousands of residents hopes of getting housing fee exemptions. Jumeirah lake towers free zone company formation in. One of the biggest advantages of living and working in the jumeirah lakes towers jlt community is its ideal location and multiple choice of things to do. Company foration in dmcc free zone, dubai multi commodities. I tried to look online for the business bay zone number but couldnt find any online, so not sure how to go about this. Ajman free zone company starting from usd 9,947 jlt free zone company starting from usd 16,497 jebel ali free zone jafza company starting from usd 21,302 dubai airport free zone company starting from usd 23,524 dubai internet city starting from usd 16,986 dmcc free zone company starting from usd 14,041 fujairah free zone company starting from. Dubai multi commodities centre dmcc is committed to being your global gateway to trade. So call ahlan again and tell them that at the moment companies located in business bay are licensed by ded or they are breaking the law if they have. Dmcc company formation dubai business setup in dubai multi. List of freetrade zones in the united arab emirates wikipedia. Dubai free zones set marker on rent incentives property. Viewings are by appointment only, book your schedule now.
Youll simply have to head to the opposite side of sheikh zayed road to dubai marina. Our business centres enjoy a prime location in the heart of jlt dubai. The jumeirah lake towers is a huge development in dubai, united arab emirates which consists of a 79 towers being constructed along the edges of four artificial lakes lake almas west, lake almas east, lake elucio, and lake allure as well as the jlt embankment of 8 tower facing jumeirah islands. Jul 09, 20 jlt free zone on verge of becoming uaes biggest ahmed bin sulayem, executive chairman of dmcc. Initially, jumeirah lakes towers or jlt as its commonly known was perceived as a cheaper, albeit less developed, alternative to dubai marina. Starting a business in a free zone the official portal. Rak free zone company formation, rak free zone company set up, incorporation. Jlt free trade zone precept management consultancy.
Dec 07, 2018 jumeirah lake towers jlt free zone was established in 2002 and is the only free zone in dubai providing the necessary infrastructure for the registration of commodities market places in the uae. Dubai free zone is another area where we can setup technical services company. The 100% foreign ownership, 100% profit repatriation, zero customs duty, quick business setup, worldclass infrastructure, access to transport links, etc. Dmcc company setup gold trading license in dubai, uae.
Jan 02, 2020 five times crowned global free zone of the year according to the financial times. One business centre dmcc is the freezones premium business centre providing a range of luxury. With a number of dmcc license activities to choose from, competitive dubai free zone company registration fees, a list of free zones that meet their companys. Rak free zone company or branch registration license. Search 12 company in jlt jobs available in dubai free zone on indeed. Free zone is located at an area better known as jumeirah lakes towers jlt. Astrolabs allowed us to hit the ground running and supported as along with the way with introductions, flexibility and local. Dmcc has made significant changes to the process for registration and licensing including. This page provides information about the key steps to set up a business in a free zone from determining the type of legal entity and choosing a trade name. Here some of our members explain why the free zone works so well for them. Get a 20% discount on the company set up license fee. Jumeirah lake towers free zone has a modern infrastructure and trade networking platforms in order to ensure the productivity of companies. Applicable for jlt companies that changed to dmcc by authority. It is located in one of the busiest dubai districts.
Bookkeeping and reporting corporate strategy dubai will registration internal. Dmcc dubai multi commodities centre posts facebook. Dmcc came into existence in 2002, with in few years dmcc achieved over 11,000 registered companies, with manpower ranging over 85,000. Free zone companies are registered and listed with a free zone authority e. Made for trade, dmcc has everything to set up, grow and build your business. Benefits of business setup in dubai multi commodities centre dmcc business formation in dubai is a wellknown activity now in the uae with the dmcc attracting a huge number of investors to their side. Jlt is a freehold mixed development commercial and residential, offering the most competitive property prices in the uae and as a free zone licensed company, you can lease commercial office space anywhere in the jlt free zone from aed 50 sq ft per annum or buy free hold from aed 525 sq ft.
Jlt is not a free zone from the perspective of the dubai municipality when it comes to paying housing fees ref. Any jlt company formation type and uae business license in dubai, rasalkhaimah rak or any other emirate in the uae, offshore, free zone or local. Uae business formation package dubai dubai multi commodities centre dmcc dmcc is a free zone authority offering market participants of the commodities industry and support services invaluable business incentives, including. Free zone company formation in the uae is one of the most preferred options, especially among foreign investors. The ras al khaimah free trade zone stands out from the rest due to the following reasons. Starting a business in a free zone the official portal of. Jumeirah lakes towers, dubai, united arab emirates. How to make a complain against a free zone company. Yet, over the years, the neighbourhood has developed its own distinct personality. The jumeirah lakes towers free zone jlt free zone is the free zone authority for the jlt. Rak free zone company formation business setup in rak.
Learn what documents you need and understand the costs involved. Get a clear understanding from our experts on the costs of setting up a business in a uae free zone. To get more information visit our website and get a free consultation. Jlt free zone company formation, jlt free zone company set up, incorporation. Rak free trade zone allow a wide range of activity. All of our plans include a commercial license for your company, issued by dmcc. As jumeirah lakes towers jlt is located in the heart of new dubai and serviced by two dubai metro stations within the community, the company registration in jlt free zone is located on sheikh zayed road, which is the main arterial road connecting dubai and abu dubai.
Free trade zones in the united arab emirates are areas that have a special tax, customs and import regime, and are governed by their own framework of regulations with the exception of uae criminal law. The fastest growing free zone development in the united arab emirates, jlt free zone is a 200hectare, mixeduse waterfront master development facilitating both business and community living by offering commercial, residential and retail property for sale and lease. Company in jlt jobs in dubai free zone with salaries. Jumeirah lake towers jlt free zone was established in 2002 and is the only free zone in dubai providing the necessary infrastructure for the registration of commodities market places in the uae. Services in jlt spas, massage, fitness centers, sports. Dmcc registers approximately 170 companies every month, 95% of which are new to dubai. Jumeirah lake towers jlt aurion business consultants. It was completed with structural standards such as the uniform building code, international building code, international design standards.
Interesting news item shared from dubai customs website. Get dmcc license with executive office in jlt or flexidesk. The jlt free zone is already home to over 20,000 residents. Dubai multi commodities centre authority, which is based in jumeirah lakes towers, is on the verge of becoming the largest free zone in the uae, with the number of registered companies on track to surpass 7,000 this quarter. Jumeirah lake towers dubai i own 100% foreign ownership. Moreover, there are a lot of business setup consultants jlt as jumeirah lake towers free zone has been rising out of the many free zones of dmcc. Nov 30, 2018 nook, the regions first coworking space dedicated to helping sports, fitness and wellness professionals, announced today its partnership with dmcc, the worlds flagship free zone and government of dubai authority on commodities trade and enterprise, to open a coworking space in one jlt to support industry entrepreneurs setup business in dubai.
A dmcc free zone company does not require you to have any local uae citizen partner and can be 100% owned by any foreign citizen andor company. There are 19 free zones in the uae that offer 57 lowcost set up. Landlords with office and retail properties have to come up with ways to match these. The freezone license and related costs of setting up company approx aed 32,030. Dubai freezone company setup free zone company in uae. Attracting a diverse range of companies from around the world, we pride ourselves in delivering high performance and nurturing a richly interconnected free zone where your business can take root, grow and continue to thrive. We sincerely believe that the information provided in this booklet would be a. Free trade zones that ensure ease of registration and efficient operating. The cost of establishing a jlt free zone company dmcc company will be about 12,000 to 14,000 depending on the type of license and the type of office facilities required. Applicable fees will be aed 2 for a halfhour, or aed 4 per hour for up to seven hours. The annual maintenance fees of a jlt free zone company will be about 6,000 to 7,000 depending on the type of. Jumeirah lakes towers free zone jlt dawn consultancy. The dubai health authority dha was created, in june 2007, by law issued by his highness sheikh mohammed bin rashid al maktoum, vice president and prime minister of the uae, ruler of dubai, with an expanded vision to include strategic oversight for the complete health sector in dubai and enhance private sector engagement. Company in jlt jobs in dubai free zone with salaries indeed.
Enabling you to go from book idea to bookonshelves quickly and cost. List of freetrade zones in the united arab emirates. Discover everything you need to know about dmcc services, processes and operating a business in the free zone. However, we differ from other bankruptcy attorneys because we do not attempt to fit the square peg into the round hole.
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