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Dubai JLT Free Zone. JLT freezone company. Company Formation in JLT

KGN Services specializes in Dubai JLT Free Zone Company Formation, establishment of branches of local and foreign companies, opening bank accounts and visa processing services.

JLT Free Zone – General Information

Emirate: Dubai.

Country: UAE.

Location: Middle East, bordering the Gulf of Oman and the Persian Gulf, between Oman and Saudi Arabia.

Time Zone: UTC+4.

Currency: Emirati dirham (AED).

JLT Free Zone – Overview

The fastest growing free zone development in the United Arab Emirates, JLT Free Zone is a 200-hectare, mixed-use waterfront master development facilitating both business and community living by offering commercial, residential and retail property for sale and lease.

Welcomed business activities:

All business activities are welcomed by JLT Free Zone.

Advantages of JLT Company

JLT companies range from large corporations to start ups, and they all benefit from the reputation of the JLT Freezone as a global business hub. The Financial Times fdi magazine awarded the JLT free zone the global free zone of the year. It is given a rating of A by Standard & Poor that makes it the first free zone in Dubai to receive a full rating.
This zone is close to major commerce centers. As a result, a JLT company operating in the area is able to achieve more business accomplishments. Since it is located on a logistics corridor, there is a higher access to more shipping means for transporting goods and products across the globe. It includes a direct access to New Maktoum International Airport, Dubai Marina and the Sheikh Zayed Road.

Business Types in the JLT Free Zone

The JLT Free Zone Authority allows two types of business setups:
A JLT Free Zone Limited Liability Company can be formed with one or more shareholders.The minimum number of directors is one. Director can be of any nationality and need not be resident in the UAE. Corporate directors are permitted.

For existing companies wishing to establish a base in the JLT Free Zone.

Types of License in the JLT Free Zone

The categories of license available within the JLT Free Zone are:
  • Consultancy/Service
  • Trading/ Service/Industrial
  • General Trading

Required Documents for JLT Company Set Up

  • Passport of all proposed company shareholders/directors/managers/secretary/legal representative (for UAE residents: passport, visa and Emirates ID; Letter of No Objection from existing sponsor (if applicable))
  • Proof of permanent residential address of each shareholder/director/manager/secretary/legal representative
  • Business plan (if required according to JLT Free Zone allowed activity list)
* JLT Free Zone reserves the right to obtain additional documents if required.

JLT Dubai Facilities

  • Flexi Desk (Sharing)
  • Services Office
  • Physical Office for Lease or Sale

Calculating Your New Free Zone Company in the Jumeirah Lakes Towers Free Zone

This is always crucial to understand the initial costs for a company start-up. Below is an overview of the basic expenses associated with a new company registration in the JLT Free Zone:

1.Type of License

Each activity of a company falls under a specific License Type. Below is an overview of the basic expenses associated with a new company registration in the JLT Free Zone:
Cost includes: Pre-approval, Registration and License.

2. Type of Office Facilities

Being a JLT Free Zone licensed entity you are required to rent an office. Number of visas you are eligible for depend on the office’s size – 1 visa per 9 sq. m. Here are the options currently available:

3. Other Documents

Establishment Card is mandatory to apply for all visa types – Investor/Partner/Employment visa. Operation Fitness Certificate (OFC) needs to be obtained annually under the company name in case a company has chosen a physical office facility.
  • Operational Fitness Certificate: AED 450
  • Establishment Card: AED 570

4. Visa Application

Cost of each visa may differ depending on the visa type and whether the person in currently in or out of the UAE. Bank Guarantee Deposit is refundable after company‘s deregistration. Employment visa for employees and investors in DMCC is valid for 3 years.
  • Outside The Country Application: AED 3,320
  • Inside The Country Application: AED 3,780
  • Inside The Country with Amendment: AED 4,520
  • Labour Guarantee Deposit: AED 3,000
  • Medical Test And Emirates ID: AED 1,120

5. WIS JLT Service Packages

Three packages are available for clients’ choice depending on individual needs.

JLT Free Zone Packages – Compare Package Features

STANDARD

Starting at: $1990

PREMIUM

Starting at: $3990

VIP ALL IN ONE

Starting at: $5490

 Need Help Choosing the Right Package?

Why Choose KGN Services?

We’ve been helping business owners since 1996

Incorporating your business is our focus

We make a complex process fast and easy

We work closely with Companies Registries to guarantee our service

Fastest offshore companies & accounts – Most competitive pricing worldwide

Services in JLT Free Zone

KGN Services provides the following services in JLT Free Zone

KGN Services | JLT Company | Company Formation in JLT

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