The unique feature of d3 is the freedom of investor to choose between opting for a Freezone Licence or a non-Freezone licence for their operation.
The latest JAFZA Offshore Company Regulations of
2018 (‘Regulations’) introduced new provisions in Part 17 that enable existing
offshore companies in the Jebel Ali Free Zone (‘JAFZ’) to convert their legal
status from ‘offshore companies’ to an operating ‘free zone company’
(’Conversion’).
The Resolution aims to protect the position of non-UAE
national employees by private sector employers during the application of the precautionary COVID-19 measures by the UAE
government.