The Jumeirah Lakes Towers Free Zone Authority
The Jumeirah Lakes Towers Free Zone Authority (JLT Free Zone) was established in 2002 by the Government of Dubai and is responsible for managing the free zone. Its major goal is to establish a robust commodities marketplace in Dubai by facilitating the necessary market, financial, and physical infrastructure. With over 6,600 registered members representing a wide range of commodities and industries, the JLT Free Zone has developed into a thriving economic center.
The JLT Free Zone is distinguished by its cutting-edge infrastructure, freehold property choices, trade networking platforms, secure vaults, and specialized storage spaces, all of which draw a wide range of participants in the commodities market. Because of this, a wide range of related businesses, not just the primary ones, are included in the value creation process. Ahmed Bin Sulayem is in charge of running the JLT Free Zone in his role as Executive Chairman.
Why You Should Incorporate Your Business in the JLT Free Zone:
- 100% foreign business ownership
- No corporate or personal taxes
- No currency conversion fees, full repatriation of funds
- Shareholder count scalability
- Modern facilities and a specialized industrial cluster
- Safe, closely-watched setting where all company activities are duly licensed
- Positioned along Sheikh Zayed Road, in close proximity to JAFZA, TECOM, and the Dubai Logistics Corridor