In the growing business world in Dubai, free zones are an ideal destination for establishing companies and expanding businesses. Free zones provide an ideal investment environment that combines ease of procedures, flexible legislation, and multiple economic benefits. Itqan Company acts as a trusted partner in this field, helping its clients explore opportunities and serve company establishment in the Dubai Free Zone.

Establishing a company in the free zone means benefiting from many advantages, such as obtaining 100% ownership of the company by the foreign investor, no taxes on profits and returns, and speedy completion of administrative procedures and licenses. These areas also provide advanced infrastructure and easy access to the regional and global market, making them an ideal choice for companies wishing to expand their business and increase their profitability.

With Itqan Company, investors and businessmen can make the most of investment opportunities in Dubai\\\’s free zones, as the company provides full support at all stages, from providing strategic advice to implementing legal and administrative procedures with high efficiency.

Hence, it appears that establishing a company in the Dubai Free Zone is a strategic step with great economic significance, as companies can benefit from the favorable business environment and achieve success and sustainable growth in a market characterized by dynamism and innovation.

Company establishment service in the free zone in Dubai

Establishing a company in a free zone in Dubai is a good option for many entrepreneurs and new companies. Dubai\\\’s free zones provide a distinctive business environment thanks to many advantages such as tax exemptions, flexible legislation, and advanced logistical facilities. These are some of the services for establishing a company in the free zone in Dubai:

• Choosing a free zone: There are several free zones in Dubai, such as Jebel Ali, Dubai Aviation Zone, Dubai Technology and Internet Zone, and others. The appropriate area must be chosen according to the company\\\’s activity and needs.
• Determine the type of company: You can establish a limited liability company (LLC), a sole proprietorship, or a joint stock company, depending on your requirements and desires.
• Complete legal documents: You must submit a set of legal documents such as the partnership agreement, company registration form, commercial registry certificates, and others.
• Securing capital: You must secure the required capital according to the requirements of the free zone you choose.
• Completing administrative procedures: Once documents are submitted and capital is secured, you can complete administrative procedures such as opening a company bank account, obtaining a work permit, and residence visas for employees.

Conditions for establishing a company in a free zone in Dubai

Freedom Zones in Dubai are a favorite destination for investors who want to establish their companies with distinct advantages, as they provide a legislative and economic environment conducive to business. However, investors must familiarize themselves with the conditions and requirements that must be met to establish a company in a free zone in Dubai . Below are different titles that explain these conditions in detail:

1. Benefiting from the distinguished business environment: This title explains the conditions that investors must achieve to benefit from the distinguished business environment available in the Dubai Free Zone.
2. Compliance with Local Laws and Regulations: Highlights the legal and regulatory conditions that investors must adhere to to establish a company in a Dubai free zone.
3. Ensuring the availability of the necessary capital: This title explains the necessary financing conditions that must be provided to establish the company in the Dubai Free Zone.
4. Providing the necessary documents and documents: It highlights the documents and documents that must be submitted and provided to establish the company in a free zone in Dubai.
5. Ensuring that licenses and permits requirements are met: This title deals with the conditions related to licenses and permits that must be obtained to establish a company in a free zone in Dubai.
6. Clearly defining the company\\\’s activity: This title refers to the importance of defining the company\\\’s activity clearly and specifically in accordance with local laws.
7. Compliance with tax and customs requirements: This title deals with the conditions related to compliance with the tax and customs laws in force in the Dubai Free Zone.

These titles provide a comprehensive overview of the conditions that investors must meet to establish a company in a free zone in Dubai, helping them better plan their business operations.

The cost of establishing a company in the free zone in Dubai

The cost of setting up a company in the Dubai Free Zone varies based on several factors, including the type of company, the amount of capital required, and additional services required. However, a rough estimate can be given of the general cost that can be expected. The cost of establishing a company in the Dubai Free Zone includes:

• Registration and licensing fees: These fees include the costs of registering the company and obtaining the necessary licenses from the competent government agencies in the free zone.
• Initial capital: Establishing some types of companies requires a specific initial capital. These amounts can vary based on the type of company and its terms.
• Legal consultation fees: You may need to consult a lawyer or legal advisor to assist you in the company formation process, and this may require paying a consulting fee.
• Office and infrastructure costs: You may need to rent an office or work space in the free zone, and there are costs associated with this such as rent and services.
• Additional services fees: You may need additional services such as employee visas, accounting and auditing services, and banking costs.
• Value Added Tax (VAT): Some services and products may be subject to VAT and must be paid.

Documents required to establish a company in the free zone

The documents required to establish a company in the Dubai Free Zone provide the necessary legal and commercial evidence to prove the identity of the company and the validity of the data provided. Here is a general list of required documents:

1. Incorporation application form: includes company details such as name, proposed business activity, and distribution of stock shares.
2. Copy of passport: for shareholders, main directors, and any other person related to the company.
3. No-objection certificate: Foreign shareholders may be required to obtain a no-objection certificate from the competent authorities in their country.
4. Company Contract: A document that specifies the company’s organizational structure and the rights and duties of shareholders.
5. Work Permit: For managers and key employees, they may be required to obtain a work permit from local authorities.
6. Activity License: A document that specifies the scope and type of business that the company can practice.
7. Headquarters lease contract: proves the availability of a company headquarters in the free zone, and may also require the owner’s approval to use the space for commercial purposes.
8. Insurance statement: Proves the civil liability insurance of the company and its employees.

Laws governing the work of companies in the free zone

In the Dubai Free Zone, the laws governing the operation of companies are slightly different from those that apply in the main part of Dubai or in the United Arab Emirates in general. Here are some of the main laws that affect the operation of companies in the free zone:

• Federal Company Law: governs the establishment and management of companies throughout the UAE, including free zones.
• Labor laws: regulate the employment relationship between employers and employees, and stipulate workers\\\’ rights and duties and occupational safety.
• Tax laws: They determine the tax obligations of companies, and these laws may change depending on the type of company, its activity, and international tax understandings.
• Intellectual Property Laws: Protect companies\\\’ intellectual property rights such as trademarks, copyrights, and patents.
• Banking and Finance Laws: Banking and Finance laws regulate banking, financial and investment work in the free zone.
• Environmental laws: regulate the use of energy and natural resources, preserve the environment, and apply environmental safety standards.
• Real estate laws: regulate the conditions for renting and owning real estate in the free zone.
• Foreign exchange laws: regulate foreign exchange operations and dealing in foreign currencies.

Commercial activities permitted in the Dubai Free Zone

The business activities allowed in the Dubai free zone depend on the type of free zone itself and the licenses granted by the local authorities. However, Dubai\\\’s free zones cover a wide range of sectors and business activities, offering diverse opportunities for investors. Here are some common business activities that may be allowed in the Dubai Free Zone:

1. Manufacturing and heavy industries: includes the manufacture of electronic products, foodstuffs, plastic products, aluminum products, construction materials, and others.
2. Logistics and distribution services: Logistics services include warehousing and distribution, shipping services, and sea, air, and land transportation.
3. Technology and information technology: includes software development, information and communications technology services, and providing digital solutions.
4. Financial and advisory services: includes financial services such as banking and insurance, and advisory services such as legal, financial and administrative consulting.
5. Tourism and hospitality: includes hotels, tourist resorts, tourism agencies, and hospitality services including restaurants and cafes.
6. General trade and distribution: includes import and export of goods, and wholesale and retail trade of various goods.
7. Research and Development: It includes research, development and innovation activities in multiple fields such as chemical industries, pharmaceutical industries and information technology.

These are just examples of possible business activities in the Dubai Free Zone, and the list can vary based on the trends of each free zone and the aspirations of the local and global market.

Our company services for establishing a company in the free zone

Itqan Company provides a comprehensive range of services for establishing companies in the Dubai Free Zone, helping its clients achieve their business goals efficiently and easily. Here are some of the services provided by Itqan Company for establishing companies in the Dubai Free Zone :

• Business Consulting: Providing specialized consultations to determine the best quality of the company and the most appropriate organizational structure according to the client’s needs and business goals.
• Arranging legal procedures: Assisting clients in arranging and completing the legal procedures necessary to establish the company in the free zone, including registration, licenses, and preparing documents.
• Organizing financial matters: Providing the necessary financial services such as opening a bank account for the company, arranging financing, and preparing business plans and financial reports.
• Providing human resources: Assisting clients in recruiting qualified employees, arranging training programs, and preparing human resources policies and procedures.
• Logistical and administrative support: Providing logistical and administrative support services such as office rental, communications services, and office management.
• Assistance in communicating with government agencies: Providing assistance in communicating and coordinating with relevant government agencies to facilitate the process of establishing the company and complying with legal legislation.

Establishing a company in a free zone in Dubai represents an important strategic step for those wishing to enter the business world in the Emirates. This service gives them the opportunity to benefit from a developed and flexible business environment, making Dubai an ideal destination for startups and investors.

One of the positive aspects provided by the company establishment service in free zones in Dubai is that it ensures a sustainable business environment suitable for growth, as it offers many benefits such as tax exemptions and flexible legislation. This service also facilitates the investment and expansion process in local and global markets.

In addition, the service of establishing companies in the free zones in Dubai provides an international work environment that stimulates innovation and creativity, which enhances the opportunities for success and excellence in various economic sectors.

In conclusion, it can be said that the service of establishing a company in the Dubai Free Zone represents a real opportunity for entrepreneurship and achieving success, and enhances Dubai’s position as a global center for investment and business.

The most important frequently asked questions about establishing a company in the free zone