Petroleum Trading in JAFZA
Starting From
AED 16,000
Setup Time
5 Business Days
Visa Quota
6 Visas
Location
Dubai
About Petroleum Trading
Establishing a Petroleum Trading business in Jebel Ali Free Zone positions you at the heart of Dubai's dynamic commercial landscape, with access to a market of over 9 million consumers.
The licensing process at JAFZA has been streamlined significantly, with most commercial licences processed within 5 business days. As a free zone entity, you will enjoy 100% foreign ownership with no requirement for a local sponsor. The base licence fee is approximately AED 16,000, making it competitively priced for the services included.
At IBA International, we simplify the process of establishing your petroleum trading business in Jebel Ali Free Zone. From selecting the right licence type to securing your visa and opening a corporate bank account, our experienced team ensures every detail is handled professionally and efficiently.
Why JAFZA for Petroleum Trading?
Jebel Ali Free Zone is widely regarded as one of the UAE's premier destinations for commercial businesses, and for good reason.
The jurisdiction offers world's largest free zone, which is particularly valuable for petroleum trading operations. Additionally, direct access to jebel ali port ensures that your business remains competitive in the regional market. As a free zone entity, your business enjoys complete repatriation of profits and capital, with no currency restrictions on transactions. Office solutions start from AED 8,000 per year for a flexi desk, making it accessible for businesses of all sizes. The standard licence includes a visa quota of 6 residency visas, with options to increase this number as your team grows. Excellent logistics infrastructure further enhances the appeal of JAFZA for petroleum trading professionals. Furthermore, tax-free environment positions your petroleum trading business for long-term success in the region. With Dubai continuing to invest in infrastructure and business-friendly regulation, JAFZA remains an excellent choice for both start-ups and established commercial enterprises looking to expand into the Middle East and North Africa region.
Requirements & Documents
Regulatory Note: Petroleum Trading is a regulated activity in the UAE. Additional approval from Ministry of Energy is required. IBA can guide you through the full regulatory process.
Cost Breakdown
| Item | Cost (AED) |
|---|---|
| License Fee | 16,000 |
| Visa Package (per visa) | 5,000 |
| Flexi Desk | 8,000 |
| Shared Office | 15,000 |
| Private Office | 40,000 |
| Estimated Total (Year 1) | From AED 29,000 |
* Costs are indicative and subject to change. Contact IBA for a personalised quote.
Setup Timeline
Initial Consultation
Begin with a free consultation with IBA's business setup advisors to discuss your petroleum trading business objectives, optimal licence structure, and JAFZA as your chosen jurisdiction. We assess your specific requirements and provide a transparent cost breakdown.
Choose Your Company Name
Select your company name and submit it for approval. JAFZA has specific naming guidelines — the name must not conflict with existing registrations and should reflect your business activity. IBA handles the name reservation process.
Prepare & Submit Documents
Compile all required documentation including passport copies, photographs, and the completed application form. For petroleum trading, additional documents including professional qualifications and Ministry of Energy approvals are required. IBA prepares and submits all paperwork on your behalf.
Obtain Trade Licence
Your JAFZA trade licence is issued within 5 business days of document submission. The licence authorises you to conduct petroleum trading activities and is valid for one year. The licence fee is approximately AED 16,000.
Apply for Residence Visa
Once your licence is active, apply for your UAE residence visa and Emirates ID. Your JAFZA licence includes 6 visa allocation. Each visa costs approximately AED 5,000. IBA manages the entire visa process including medical testing and Emirates ID.
Open Corporate Bank Account
With your trade licence in hand, open a corporate bank account at a UAE bank. IBA provides introductions to relationship managers at leading banks including Emirates NBD, ADCB, RAKBank, and Mashreq. We prepare a comprehensive banking file to ensure smooth account approval.
Start Operations
With your licence issued, visa processed, and bank account active, your petroleum trading business in Jebel Ali Free Zone is ready to operate. IBA continues to support you with PRO services, VAT registration, accounting, and annual licence renewals.
Total estimated time: 5 business days. IBA handles the entire process end-to-end so you can focus on your business.
Frequently Asked Questions
Yes, your petroleum trading licence from JAFZA entitles you to apply for residence visas. The standard package includes 6 visa(s), with the option to apply for additional visas based on your office space. Each visa costs approximately AED 5,000.
Petroleum Trading in Other Jurisdictions
Get Started Today
Ready to set up your petroleum trading in JAFZA? Our team is here to help.
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Official Source
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By IBA Business Setup Team
Last updated: 26 February 2026
International Business Advisors DMCC has been helping entrepreneurs set up businesses in the UAE since 2004, with 20+ years of hands-on expertise.
Ready to Start Your Petroleum Trading?
Get a personalised quote for setting up your petroleum trading in JAFZA. Our advisors are ready to guide you through every step.