Company Formation in Jumeirah Lake Towers (JLT) Free Zone, UAE


The Jumeirah Lakes Towers (JLT) is an exquisite and large community consisting of commercial and residential apartments, located in Dubai and consisting of more than 80 residential and commercial towers being constructed along the edges of three artificial lakes (Lake Almas West, Lake Almas East, JLT Lake) as well as the JLT Embankment of 8 tower facing Jumeirah Islands.

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 and receptive business and investment district owing to its great location within Dubai, availability of great office and other commercial space mixed with residential properties and the possibilities of acquiring 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 - DMCC Company Formation
Company formation in the JLT offers investors and entrepreneurs developed infrastructure and creates conditions for efficiency, productivity and adaptability. About 6800 legal business entities are currently operating on the territory of JLT Free Zone.

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, real estate, multilateral companies, start ups etc. The work of JLT Free Zone is regulated by the Dubai Multi Commodities Centre Authority (JLT - DMCC).

Types of enterprises, namely registerable at JLT Free Zone:
FZE - with one shareholder;
FTC - with two or more shareholders.
The company can be incorporated by private shareholders who are residents of the UAE and as well as by local and foreign companies.

Types of licenses registerable at JLT - DMCC

i. Trade license (commercial trading and general trading licenses);
ii. Commodities trading license;
iii. Service license;
iv. Industrial license.


The procedure of JLT company formation is 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.

Company registration in JLT – steps for obtaining license
The procedure of forming a company and obtaining 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 includes:

- Choosing a company name;
- Getting the name approved by DMCC Authority;
- Preparing all incorporation documents;
- Preparing all documents for shareholders;
- Signing of incorporation documents;
- Opening bank account;
- Paying share capital;
- Office space or Flexi desk;
- Finalizing the company Formations;
- Obtaining establishment card;
- Applying for visas for employees and managerial and non - managerial employees (if necessary).
- Upon completing the process, you are ready to commence business legally and bouyantly.

Then, you can proceed with your office setting, social media presence and launching of the business.

Interested?

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