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Jebel Ali Free Zone Launches New Business Center

by Lorys Charalambous, Tax-News.com, Cyprus

08 September 2016


Jebel Ali Free Zone (Jafza), a free trade zone in the United Arab Emirates (UAE), announced that it has launched a new office block.

Located in Jafza One, the new Business Centre adds 384 work stations. It is managed by Regus, an international workspace provider.

Kory Thompson, Country Manager UAE, Oman, and Kuwait at Regus, said: "Dubai is one of the world's most exciting international business hubs and we are committed to enabling anyone who wishes to have a foothold in the city. The city is home to a burgeoning SME scene, bursting with creative talent and Jafza One provides the perfect office space for these companies to flourish, without the worry of signing up to costly long-term leases."

Jafza offers a number of benefits to companies established in the zone, including: zero percent corporate tax guaranteed for 50 years, zero percent import and re-export duties, zero percent personal income tax, and no restrictions on the repatriation of capital and profits. 100 percent foreign ownership is permitted.

TAGS: United Arab Emirates | tax | business | Kuwait | tax incentives | export duty | corporation tax | tax breaks | import duty | trade | individual income tax | Dubai | Oman | free trade zone

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