How to Start a Business in a Dubai Free Zone
Business Setup in Dubai is easy thanks to the various Free Zones that can be found all over the city. The process of business setup in Dubai freezone depends on the free zone of your choice.
Even if the processes are different in every free zone, they are much easier than the company formation process of mainland Dubai. If you are looking to get started with a free zone business in Dubai, then you are in the right place.
Company Setup Consultants have started various companies in all of the free zones in Dubai. Our team of experts has the necessary experience and connections required to streamline the free zone company formation process in Dubai.
We at Company Setup Consultants offer the best location in Dubai for the establishment of business; regardless of the size. We are a UAE-based consultancy service for business setup in Dubai Free Zone that offers easy and quick set up of business.
You can choose your ideal packages for Free zone business setup from us. The process for free zone business setup doesn’t require much time and is easy. Our professional business consultants work with you and guide you through the entire process to make your experience an enjoyable one.
Most Suitable Locations For Company Setup in Dubai Freezone
Dubai South Freezone
Jabel Ali Freezone
Dubai Silicon Oasis
Dubai Airport Freezone
Dubai Multi-city Commodities
Dubai Media City
Simple Process For Company Formation in Duba Free zone
Advantages of Free Zone Company Formation in Dubai
Dubai is currently the attraction of countless businessmen and entrepreneurs from all around the world. This is due to the advantages of owning a business in one of the free zones in Dubai.
These benefits can be found in all of the free zones in the UAE. Some benefits are exclusive to a few free zones. This is because each free zones cater to the needs of specific businesses.
Here are some of the common benefits of free zone company formation in Dubai:
- 100% exemption from all corporate and personal taxes.
- 100% ownership of businesses.
- 100% exemption from quotas and tariffs for export and import.
- Easy business formation process.
- Outstanding infrastructure and state-of-the-art technology.
- You are not required to have a physical office space in the free zone (or a NOC) during the free zone company setup in Dubai.
- You get 100% repatriation of profits and capital for businesses in free zones.
- No need to look for local sponsors to share ownership.
- Free zone company setup in Dubai receives in-house office and warehouse benefits.
- Free zone business setup in Dubai has the option to be set up by an individual.
- Free zone business setup consultants in Dubai provide impartial consultation to get you started.
Documents Required for Free Zone Company Setup Dubai
For a Business License
- Copy of your passport and copies of the passports of any other partners should you have any.
- A completed form for corporate account opening.
- A resolution sanctioning the opening of the account by the board of directors and the signatories to the account.
- Copy of the company’s certificate of incorporation.
- Copy of the company’s draft of the Memorandum of Association, also known as MOA.
- Copy of the company’s share certificate should you have one.
For Opening a Bank Account
- Completed application form.
- The complete business plan.
- The board’s resolution.
- The Memorandum of Association (MOA).
- Color copy of your passport and color copies of the passports of your partners should you have any.
Business consultancy Packages
Want to Know The Document
Documents Required for Shareholder Free Zone Companies in Dubai
| For Individual Shareholder | For Corporate Shareholder |
|---|---|
| Copy of the national ID card of your UAE national partner. | The original board resolution made for setting up the company with the Power of Attorney that was legalized and notarized from the UAE Embassy. |
| If any shareholder is in the UAE on an employment visa, then they will be required to produce a No Objection Certificate (NOC) from their employer. | List of shareholders in the Arabic No Objection Certificate (NOC) from the free zone or the offshore authority should the company be a shareholder in the proposed LLC. |
| Copies of the visa page and entry stamp (when the individuals entered the UAE) from the passport of the shareholders, directors, and managers. | Exact copy of the certificate of incorporation of the Memorandum of Association (MOA)/ Memorandum and Articles of Association (MAA) that is legalized from the UAE Embassy. |
Difference Between the Individual and Corporate Shareholder
The main difference between an individual shareholder and a corporate shareholder is their state of being. An individual shareholder is a natural person whereas a corporate shareholder is an entity. An individual shareholder is a person who bought a corporation’s stock. And a corporate shareholder is a corporation that has bought another corporation’s stock.
Frequent Ask Questions
‘FZE’ is the abbreviation for Free Zone Establishment. FZE or Free Zone Establishment is one of the legal forms of businesses you can form in Dubai and the UAE. It is a combination of a sole proprietorship and a limited liability company.
An FZE can only be established in the free zones of Dubai and the UAE. You can establish an FZE easily with the help of a free zone business setup consultants Dubai.
A free zone company in Dubai can only do business with other companies in the free zone. If a business in a free zone wants to do business with the government or other business in mainland Dubai, then they must do so through a local distributor or agent. Other than that, most business formations in free zones cannot do business with the mainland.
Different types of free zones cater to the needs of different types of businesses. For example, an IT company will find that Dubai Internet City (DIC) is the best free zone for them, whereas a logistics business will find Dubai Airport Free-Zone is best for them.
You can seek help from free zone company setup consultants Dubai. There are over 30 outstanding free zones in Dubai and the agents will help you select the one that is best for you.
The most affordable free zone in the UAE is in Fujairah. Since Fujairah is an up-and-coming name in the economy of the UAE, they offer time-saving and cost-effective company formation procedures to entrepreneurs.
Business setup in Dubai Freezone may sound simple. But it is only simple when the required company formation steps are completed without any errors and mishaps. Company setup consultants and agents in Dubai are experienced in setting up new businesses in the various free zones in Dubai. They also have the necessary connections to streamline the whole process. You can contact us should you require consultancy.
