Establishing a company in the Dubai Free Zone

Dubai has become a leading destination for those wishing to establish a company in the Dubai Free Zone, thanks to its developed and encouraging business environment. Dubai’s free zones provide an ideal environment for both international and local investors, combining liberal legislation, cutting-edge infrastructure and attractive financial incentives.

Establishing a company in the Dubai Free Zone means benefiting from several major advantages, the most prominent of which is complete freedom of ownership, as foreign investors can own 100% of their companies without the need for a local partner. This helps enhance business control and make decisions quickly and effectively.

In addition, Dubai’s free zones provide integrated infrastructure and modern facilities that support various business activities including manufacturing, logistics, and international trade. It also provides attractive tax and customs incentives, including not imposing taxes on profits and income, and not imposing customs duties on import and export, which helps achieve greater profitability and reduce operational costs.

Establishing a company in the Dubai Free Zone

Dubai Free Zone

Dubai Free Zone is an organization that manages import and export operations and works in industry and many different services. It was established in 1996 and has since become the leading institution in granting numerous business licenses and work visas to companies. International, who wish to work in the Dubai Free Zone and because our company always works to provide many distinguished services, and provides a complete and distinct basis to help you establish your business in the Dubai Free Zone, establish and start businesses and work on completing all special papers. The company you need, in addition to the tax and government exemptions that the company offers you, and the company transfers full ownership of the company and cancels any licenses you may need.

Establishing a company in the Dubai Free Zone

Establishing a company in the Dubai Free Zone is a strategic step of great importance for investors seeking to benefit from a developed and encouraging business environment. Dubai’s free zones have a strong reputation as a global business hub, offering a wide range of opportunities and benefits that include:

• Complete freedom of ownership: Foreign investors can own 100% of their companies without the need for a local partner, allowing them to have full control of the business and make decisions quickly.
• Advanced infrastructure: The free zones have a modern infrastructure that includes integrated facilities for manufacturing, logistics, and international trade, which facilitates production and distribution operations with high efficiency.
• Financial and tax incentives: The incentives include not imposing taxes on profits and income for specific periods, and not imposing customs duties on import and export, which contributes to achieving greater profitability and reducing operational costs.
• Easy establishment procedures: Free zones provide easy establishment procedures that include registering the company, obtaining the necessary licenses, and opening a bank account, which makes it easier for investors to start their business quickly.
• Access to regional and global markets: Thanks to its strategic location, Dubai provides an opportunity for companies to access regional and global markets easily, which enhances opportunities for growth and expansion.

How to create a company in Dubai Free Zone

To establish a company in the Dubai Free Zone , you must follow certain steps that include the following procedures:

1. Choosing a free zone: Select the appropriate free zone for your company’s activity, such as Jebel Ali, Business Bay, or Dubai Internet City, according to your business requirements and available services.
2. Submitting an application: Submit an application to obtain a license for your company with the responsible authority in the free zone you have chosen. A detailed business plan must be submitted explaining the company’s activity and the services provided.
3. Company Incorporation: Once your application is approved, you will need to establish the company as a legal entity. This step often requires that the organization’s contracts be prepared and formally registered.
4. Obtaining a license: After establishing the company, you may need to obtain a commercial license for your activity from the competent authorities in the free zone.
5. Opening a bank account: Open a bank account in the name of your company in one of the approved banks in Dubai. The account must be linked to the company to facilitate financial transactions.
6. Investor visa or work licenses: If you need a residence permit to work in the UAE, you may need an investor visa or work license depending on the type of activity and nationality.
7. Compliance with local regulations: Make sure to comply with all local regulations and legislation related to business in your chosen free zone.

Fees for setting up a company in the Dubai Free Zone

If you are looking for information on fees for setting up a company in Dubai Free Zone without specific pricing, here is a summary of the main factors that may affect the costs:

1. Registration and licensing fees: These fees include the costs of registering the company and obtaining an activity license in the free zone.
2. Administrative services fees: These fees may include the costs of administrative services necessary to complete the company’s administrative and organizational procedures.
3. Office and workspace fees: If offices or workspace are needed within the free zone, additional fees for rent or rental may be incurred.
4. Costs of legal and consulting services: You may need the services of a legal advisor or consultant to assist in preparing legal documents and contracts.
5. Business management fees: These fees include general administrative costs such as accounts, auditing, and tax audits.

Types of free zones in Dubai

In Dubai, there are several types of free zones that provide an ideal environment for business and investment. These types include:

1. Industrial free zones: They are characterized by providing advanced infrastructure for manufacturing and industrial production, with high-tech facilities and facilities for export and import without customs duties.
2. Trade and Distribution Free Zones: Focus on facilitating international logistics and distribution operations, allowing companies to manage supply chains efficiently and reach new markets easily.
3. Technology and media free zones: Provide advanced infrastructure for technology and media companies, including startups and innovative companies, with a focus on research, development and innovation.
4. Free zones for financial services: They provide a suitable environment for financial, banking and investment companies, with great capabilities to provide multiple services in local and international markets.
5. Free zones for new and innovative businesses: They encourage the establishment of emerging and innovative companies, and provide a supportive infrastructure for research, development and investment in technology and innovation.

The necessary papers to establish a company in the Dubai Free Zone

To establish a company in Dubai Free Zone , you usually need to submit a set of documents and basic documents. These are the generally necessary documents:

• Registration application form: It is filled out and submitted to the relevant authority in the free zone.
• Copy of the lease: If you plan to rent an office or space in the free zone, you will need a copy of the contract.
• Copy of the passport of the general manager or shareholders: A certified copy of the passports of the persons concerned with management or shareholding in the company must be submitted.
• Copy of shareholders’ signatures: If there are shareholders, you may need copies of their signatures on the required documents.
• Simple business plan: A simplified detail of the company’s proposed activities and future plans.
• Authorization forms: If you intend to use consultants or agents to represent you in construction proceedings, you may need certified authorization forms.
• Certificates of academic qualifications or experience: In some cases, you may need to prove the qualifications or experience of the general manager or members of the company.
• Pay registration and licensing fees: You need to pay the fees required to obtain an activity license in the free zone.

In conclusion, establishing a company in the Dubai Free Zone represents a strategic step of great importance to international and local investors alike. These regions provide an ideal business environment that encourages growth and innovation, while providing a wide range of advantages in terms of flexible legislation, advanced infrastructure and easy access to regional and global markets.

Thanks to fast incorporation procedures and flexibility in management, investors can easily start and expand their businesses in this dynamic environment. The free zone also provides strong support through consulting services, logistical support and government facilities, making it an ideal destination for anyone seeking to achieve sustainable success in the business world.

The most important frequently asked questions about establishing a company in the Dubai Free Zone