Opening LLC, bank accounts, and residence visas in UAE! Increase the profit of your business by 50%!
The Jumeirah Lake Tower (JLT) is the large commercial and residential district located in Dubai and consisting of more than 80 residential and commercial towers. The towers of the district are built along three artificially made lakes. Apart from being a large and highly popular residential area, the JLT is well known for the place where the JLT Free Zone - DMCC - is located. This free zone was established in 2002, and nowadays thousands of companies from various countries have chosen the option of the JLT company formation.
JLT DMCC free zone has become the very attractive business and investment district due to combination of its great location within Dubai, availability of great office and other commercial space mixed with residential properties and the possibility to acquire properties of both types (which is normally not a case in other free trade zones of the UAE where the only option available is the lease).
JLT Free Zone has one important advantage over the other free trade zones in the emirate. JLT company registration is the solution which gives the possibility to form a company in Dubai which enables commodities market access. Company formation JLT offers investors and entrepreneurs developed infrastructure and creates conditions for efficient and productive work of a legal entity. About 7,000 enterprises are currently operating on the territory of JLT Free Zone. The work of JLT Free Zone is regulated by the Dubai Multi Commodities Centre Authority (JLT DMCC).
The company can be incorporated by private shareholders n(no UAE residency required) as well as by local and foreign companies.
The procedure of JLT company formation is comprehensible and straightforward. It requires you to submit a set of documents including a copy of your passport, your residential address proof, and business plan. All documentation can be initally submitted online.
The procedure of forming a company and obtaining for it of the JLT freezone license may differ depending on the activity and other factors. However, there are main most common steps in its formation. These steps include:
First of all, all legal entities operating in the territory of JLT Free Zone are exempt from corporate tax, tax on import and export. Second, it enables full repatriation of capital. And third - this particular free zone offers the great combination of highly practical location, availability of different licenses and reasonable price for business premises.
JLT company registration entitles you to the possibility to obtain a residence visa for yourself, your family and your employees. Moreover, you’ll get an opportunity to open an account in one of Dubai banks and, if you want, to purchase property in JLT DMCC. The UAE and Dubai, in particular, is a very attractive destination for investing money and expanding a business. It is open to innovation; it embraces change still being loyal to tradition.
JLT Free Zone the very progressive and dynamically growing FTZ. All clients interested in JLT company formation are served by the free zone in the fast and efficient manner. The establishment of JLT DMCC has become the very important step on the way of turning Dubai into the global commodities market center.
To get all the info on how to form your DMCC company and obtain residency visa, please feel free to contact us.
“ I’m really pleased that I had chosen to work with your company. The whole incorporation procedure was organized highly efficiently and fast. Glad that I had experience working with such professional team and would definitely keep working with you.”
Yacine C. / Area of business: International IT and Software Consultancy.
“ I was very cautious when choosing a consulting company to work with in UAE as this region is totally new to me. I’m glad that I have chosen your company. All information was provided in the clear way and the work was completed in time and with high level of personal involvement of the manager from your company who was in charge of my case.““ I was very cautious when choosing a consulting company to work with in UAE as this region is totally new to me. I’m glad that I have chosen your company. All information was provided in the clear way and the work was completed in time and with high level of personal involvement of the manager from your company who was in charge of my case.“
Ismael B. / Area of business: Alternative Energy.
“Many thanks for your work and assistance. I received the excellent services even in the areas which I did not expect to receive such. When I have some problems with activation of internet banking your manager did a great work with patience, but I understand, the problems with internet banking activation, I did by my own mistake.“
Manoj T. / Area of business: Commodity Trading.
“Highly satisfied with the quality of services and attention to every detail. Would definitely recommend your company to my friends and business partner.“
Sergei S. / Area of business: Trading with Specialized Industrial Equipment.
“The work was completed to perfection, in the projected time schedule and keeping us on constantly updated on the progress. Receiving all the approvals was quite a challenging task and the company did the great job.“
Alexander G. / Area of business: International Travel Company.
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Rafael K. / Area of business: International Row Cotton Trading
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Alexandre V. / Area of business: Consulting and Tax Advisory Company