DP World, UAE Region has announced across-the-board reductions in licence registration and administration costs for companies operating in its flagship Jebel Ali Free Zone (Jafza) as well as for new investors.
The far-reaching Jafza Customer Support Initiative is designed to slash business-related fees by between 50 per cent and 70 per cent for registration, licensing and related administrative functions.
The initiative will immediately assist more than the 7,500 businesses that operate out of Jafza and hundreds of new businesses attracted by the premier Free Zone’s plug and play infrastructure and solutions for trade.
In addition, a range of other online services will now be offered free of cost as a direct result of Jafza’s on-going digitalisation process.
Mohammed Al Muallem, CEO & managing director, DP World, UAE Region and CEO of Jafza, said: “It’s a timely move to inspire our customers towards pursuing their business targets with greater confidence and purpose. It’s specifically designed to create value and opportunities for the companies to channel their resources to support their activities sustainably. We believe this forward-looking initiative will enable companies to do business in a smarter way and generate more business and create new jobs.
DP World, UAE Region contributes to over 33.4 per cent of Dubai’s GDP and believes this initiative will further enhance the ease of doing business at Jafza.