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JAFZA Company Formation for Icelanders

Guide for Icelandic founders · around 9 to 10 hours with one stop from Reykjavík

5–7 daysSetup time100%Ownership2 (workstation) · 1 per 9 sqm officeVisas
  • 5–7 daysSetup time
  • Trading · Service · Industrial · GT · HoldingLicence type
  • Workstation · Office · Warehouse · PlotOffice / facility
  • 2 (workstation) · 1 per 9 sqm officeVisa eligibility
  • Standard · NOC for regulated goodsApprovals needed
  • From AED 46,310Renewal cost
About JAFZA

Why JAFZA

In short, founders choose JAFZA when they want a credible UAE address, fast licensing and packages that scale from a solo flexi-desk to a multi-visa office. JAFZA combines world's largest port-adjacent free zone with the flexibility to add activities and visas later, which is why it suits both first-time company owners and established groups. The most common businesses Icelanders open through GoldenKey are in seafood exports, aviation, geothermal technology and software, although JAFZA supports almost any activity. In short, icelanders are a very small community, mostly in aviation, seafood and technology, so the JAFZA authority, the banks and the immigration officers see Icelandic applications every day and process them without hesitation.

Jebel Ali Free Zone (JAFZA) is Dubai's flagship free zone, built around Jebel Ali Port and next to Al Maktoum International Airport. It is the natural home for trading, logistics, light industry and regional headquarters that move goods in and out of the UAE. Companies are formed as an FZE (one shareholder), an FZCO (two or more shareholders) or a Branch, with 100% foreign ownership. Facilities range from a 6 sqm workstation to offices from 27 sqm, warehouses from 313 sqm, showrooms and plots of land — the facility you lease decides your visa quota. GoldenKey handles the full JAFZA application for you: name, licence type, activity selection, facility choice, registration, Computer Immigration Card and visas.

DP World logistics ecosystem integration. Just as important, unlike some zones, JAFZA does not require a large paid-up capital to be blocked in a bank account before the licence is issued. To be clear, icelandic applicants benefit from the fact that JAFZA already has many Icelandic shareholders on its register, so its officers recognise Iceland paperwork and name formats instantly.

Packages & cost

Pricing — choose the right package for your business

Use the table below to compare packages for JAFZA company formation for Icelanders; we will confirm the exact total for your case in a written quotation. The figures below for JAFZA company formation for Icelanders are updated by GoldenKey whenever the issuing authority changes its fees, so the price you see is the current one.

Workstation – 2 Visa Quota (6 Sqm, Licence + Registration + Cic)

2 residence visas · 1-year licence

AED 56,210
  • Trade licence & registration
  • Establishment card included
  • 2 visa eligibilities
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started

Warehouse 556 Sqm – 25 Visa Quota (licence + Registration + Cic)

25 residence visas · 1-year licence

AED 390,258
  • Trade licence & registration
  • Establishment card included
  • 25 visa eligibilities
  • Flexi-desk / office options
  • GoldenKey PRO support
Get started
Additional visaAED 4,950
Annual renewalAED 46,310
Bank account assistanceAED 1,650

Prices are indicative, in AED, exclusive of 5% VAT where applicable, and confirmed in writing before payment. Last updated 2026-10-27.

Business activities

Explore 1,429 business activities in JAFZA

JAFZA lets you combine related activities on one licence. Search by what your business does — in English or Arabic — and quote the GK code when you ask for a quotation.

Popular choices · 1,429 activities availableAll 1,429 JAFZA activities
Required documents

Documents required

Gather these documents and GoldenKey will take care of the rest of JAFZA company formation for Icelanders.

Scanned colour copies are enough to start. We check every item before anything is submitted.

For individuals

  • Passport copy of every shareholder, manager and directorValid for at least 6 months
  • Applicant details: full name, mobile number, e-mail address and nationalityJAFZA sends the application link to this e-mail
  • Proposed company name (3 options), formation type (FZE / FZCO / Branch), licence type(s), main industry and facility type & sizeGoldenKey prepares this with you
  • Passport copy and passport-size photograph for each employment visaMedical and Emirates ID done after entry permit
  • UAE residence visa and Emirates ID copyOnly if already a UAE residentif applicable
  • No Objection Certificate from the relevant ministry or authority for regulated goods or servicesPharma, agriculture, media, food and similar activitiesif applicable
  • Signed General Trading licence conditions acknowledgementOnly for a General Trading licenceif applicable

For companies

  • Parent company trade licence / certificate of incorporation, Memorandum & Articles and board resolutionAttested as required by JAFZA
Our process

How JAFZA works with GoldenKey

  1. 1

    Consultation and activity selection

    GoldenKey starts by confirming your activity is available in JAFZA, then agrees the licence category, visa quota and office option with you in writing. Nothing is submitted for JAFZA company formation for Icelanders until you have reviewed and approved it.

  2. 2

    Name reservation and initial approval

    From day one, your trade name is reserved with the JAFZA authority and initial approval is obtained; this stage rarely takes more than two working days (Monday to Friday).

  3. 3

    Document submission and payment

    With the forms and memorandum signed, GoldenKey lodges the attested documents and settles the licence fee with the issuing authority on your behalf. Your portal shows the status of this step for JAFZA company formation for Icelanders in real time.

  4. 4

    Licence issued and next steps

    Your JAFZA licence, certificate of incorporation and lease are issued, and we move straight on to the establishment card, visas and bank introduction.

Frequently asked questions

Frequently asked questions

Straight answers about JAFZA. Anything else — ask GK AI or message us.

View all FAQs
Do I need to visit the UAE to set up in JAFZA?

Most JAFZA licences can be issued remotely with scanned supporting documents and a signed power of attorney. You will need to enter the UAE for the medical test and Emirates ID biometrics when your UAE residence visa is processed.

How long does the JAFZA licence take?

Once your documents are complete, the registrar as a rule issues the licence within 10 working days. Visas and bank account opening follow afterwards.

How many visas can I get with a JAFZA licence?

Visa quota is tied to the package and office you choose. JAFZA packages typically start from a zero-visa option and scale to five or more visas with a physical office, and additional visas can be added later for the per-visa fee shown in our pricing.

Can a Icelandic citizen own 100% of a company in JAFZA?

It can. Icelanders can own the full share capital of a JAFZA company with no local partner, exactly like any other nationality.

Do Icelanders need a UAE visa before applying for JAFZA?

Not in that case. You can apply for the licence from Iceland with scanned documents, and the investor UAE residence visa is processed afterwards.

Get a free quote

Ready to start your business in JAFZA?

In our experience, prefer to visit? Our Ajman office welcomes walk-ins during working hours, and we can also meet you in Dubai or Sharjah by appointment to discuss JAFZA company formation for Icelanders.

By submitting this form, you agree to be contacted by our team regarding your enquiry. Prefer chat? WhatsApp us.

Good to know

More about JAFZA

Why the UAE

Banking, logistics, telecoms and digital government services in the UAE are among the most advanced in the region, which keeps the running costs of JAFZA company formation for Icelanders predictable. Since 2021, most mainland activities have allowed 100% foreign ownership, and free zones have always offered it, so JAFZA company formation for Icelanders no longer requires a local partner.

Why GoldenKey

GoldenKey is a licensed business setup consultancy, not a reseller, which means your JAFZA file is prepared, checked and submitted by our own team. From day one, you deal with one named consultant from the first call until your JAFZA licence, visa and bank introduction are complete, and that consultant answers your WhatsApp messages personally. GoldenKey's consultants have handled JAFZA company formation for Icelanders for traders, consultants, tech founders and family offices, which gives us a realistic view of what each authority approves quickly.

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