One of the benefits is the exemption of DMCC member companies from registration and licensing fees related to this new service. Logistically, DMCC members will be able to trade under a free zone customs code that exempts them from any customs duties and VAT schemes.
The Executive Chairman and Chief Executive Officer of DMCC,
Ahmed Bin Sulayem, said: “Under our agreement, DMCC member companies will gain access to all of JAFZA’s state-of-the-art warehousing and logistical services at no extra charge through a single point of contact.”
Mohammed Al Muallem, Chief Executive Officer and Managing Director of DP World, UAE Region and CEO of Jafza said: “Collaboration is an essential part of growing together for our nation’s economy. Jebel Ali Free Zone is pleased to be offering a new benefit which will increase commercial activities through our facilities.”