Jumeirah Lakes Towers Free Zone
The Jumeirah Lakes Towers Free Zone (JLT Free Zone) is the free zone authority for the JLT Free Zone. It was established in 2002 as a strategic initiative of the Government of Dubai with a mandate to provide the physical, market and financial infrastructure required to set up a commodities market place in Dubai. As of 30 May 2013 it had over 6,600 registered members including both commodities and other businesses.
JLT Free Zone contains modern infrastructure, free-hold property, trade networking platforms as well as industry including secure vaults and purpose-built storage facilities. The Centre attracts key players throughout the entire value chain of a wide range of commodities sectorstogether with relevant support industries such as finance, logistics and insurance. Ahmed Bin Sulayem, is the Executive Chairman of JLT Free Zone.
JLT Free Zone offers following benefits for setting up a company
JLT Free Zone offers following benefits for setting up a company
- • Offers 100% foreign business ownership
- • Zero corporate and personal tax rate
- • Capital repatriation is 100% and there are no currency restrictions
- • One or more shareholders
- • Purpose-built infrastructure and unique industry clustering
- • Offering secure, regulated and monitored environment and licensing a full range of business activities
- • JLT’s strategic location on Sheikh Zayed Road and in close proximity to JAFZA, TECOM and Dubai Logistics Corridor
