Publication
UAE: Changes in Jebel Ali Free Zone's Administrative Practise
The Jebel Ali Free Zone (JAFZ) – the biggest and oldest free zone in the United Arab Emirates (UAE) – has implemented two initiatives that were previously introduced in the mainland of the Emirate of Dubai in 2018: (i) the replacement of bank guarantees for employees by an insurance scheme and (ii) the issuance of long-term residence visas. In doing so, JAFZ is the first free zone in the UAE to introduce these initiatives. This legal briefing gives an overview of the new JAFZ initiatives and their impact on investments structured in JAFZ.