FAQs on UAE and Dubai Freezone Company Formation
A free zone company is a business that is located in any one of the free zones in the UAE. Free Zones are a type of economic jurisdiction in the UAE that has a lot of pros and cons. You should take your time to decide which jurisdiction will be the best for your business.
The cheapest freezone is located in Fujairah. It is named as IFZA- International Freezone Authority. The cost to register for this freezone is very low as compared to others throughout the UAE.
The freezone employment visa is a residence permit that comes with the free zone company. It is available with the employment contract. This visa is valid up to three years which is more than that of the mainland.
There are freezones in the city of Dubai and many trading companies are already doing business over there. Therefore, the freezone companies can do business in Dubai but they have to face the mainland restrictions.
In cases where the employers have identified any unethical or unlawful practice related to deals with the mainland and contradicting the rules and regulations, the free zone will restrict the employee from working in any organization of the free zone at all.
100% ownership, 100% tax exemption, 100% repatriation, and exclusion from all the import and export duties are some of the major benefits of the freezone.
You can contact us to efficiently make a wonderful plan for your company to be set up in the freezone of UAE. We have contacts and networks in all the emirates of UAE and we will find the best with respect your business category and market considerations.
Setting up a company in a Dubai free zone typically costs between AED 10,000 and AED 50,000. However, the exact cost can vary depending on several factors such as the size and type of your business, the specific business license required, the chosen free zone, and other relevant considerations. It’s important to tailor the setup process to your business needs to ensure an accurate cost estimate.