If you are thinking of establishing a company in the Dubai Free Zone, you are on the right track to benefit from the thriving economic environment in the UAE. Dubai\\\’s free zones are considered one of the most important destinations for SMEs and major international companies to establish and expand. In this article, we will show you the ways to establish a company in the Dubai Free Zone.
Establishing a company in the Dubai Free Zone includes several steps, starting with choosing the appropriate type of company, determining the location of the headquarters, and meeting the legal and regulatory requirements. You can choose between many different types of companies such as limited liability companies, sole proprietorships, real estate companies, and others, depending on the nature of your business and your operational needs.
After determining the type of company, you must select the appropriate location in one of the free zones in Dubai . Free zones in Dubai differ among themselves in terms of services provided and financial and administrative facilities, so you should choose the zone that best suits your business and meets your needs perfectly.
After that, it is the turn to fulfill the legal and regulatory papers and requirements necessary to establish the company in the free zone. This includes submitting the required documents, paying the necessary fees, and obtaining the necessary approvals from the relevant authorities.
With specialized support from Itqan Company, you can facilitate the process of establishing a company in Dubai and benefit from all the advantages that these regions provide for startups, medium and large companies. In the next article, we will go into detail about all the steps mentioned and highlight the key factors that should be considered during the process of establishing a company in the Dubai Free Zone.
Ways to establish a company in the free zone in Dubai
Establishing a company in a free zone in Dubai is an attractive option thanks to the many advantages that these areas offer in terms of flexible legislation, tax exemptions and ease of establishment. In cooperation with Itqan Company, there are several steps to establish a company in the free zone in Dubai. Here are general ways to complete this process:
- Choosing the appropriate free zone: There are many free zones in Dubai, and they differ in specializations and targeted industries. Study different regions and choose those that match your business and requirements.
- Company creation: Select the type of company you wish to establish, whether Limited Liability Company (LLC), Public Joint Stock Company (PJSC) or Sole Proprietorship, according to your business requirements.
- Registration and Licenses: A free zone may require specific licenses for your business. Submit a registration application and complete the necessary procedures to obtain the necessary licenses, such as trade license, construction license, and business license.
- Choosing the legal form and partners: Determine the legal form of the company and determine the partners if the company is a public joint-stock company. Some free zones may require a certain percentage of a local partner.
- Obtaining capital: Determine the capital required to establish the company and keep the required amount of money in a bank account in Dubai.
- Company establishment: You may be required to submit the necessary documents such as filled out forms, contracts, and legal documents to the relevant authorities in the free zone to complete the company establishment procedures.
- Opening a bank account: Open a bank account for the company in one of the approved banks in Dubai. This will require submitting the required documents and necessary information.
Establishing a company in the free zone in Dubai
Steps to establish a company in the Dubai Free Zone
Establishing a company in the Dubai Free Zone is a strategic and very important step for individuals and companies wishing to start their business or expand their activity in the United Arab Emirates. Dubai\\\’s free zones are characterized by flexible legislation, advanced infrastructure, and tax facilities, making them an ideal environment for investment and establishing companies.
Determine the company\\\’s activity:
Defining the company\\\’s activity is an essential and crucial step in the process of establishing any business project, as it directly affects all aspects of the business from licensing and registration to operation and future expansion. This step begins with understanding the target market and its needs, which helps choose the activity that effectively meets those needs. Entrepreneurs must conduct extensive research and comprehensive market analysis to identify the activity that has promising growth opportunities and suitable competition. In addition, you must consider the local laws and regulations governing the chosen activity, to ensure compliance and avoid any legal issues in the future. Accurately defining the business activity contributes to developing a clear business strategy, helps allocate resources optimally, and establishes a strong foundation for success and sustainability. This decision also affects marketing and relationships with customers and partners, so it must be based on in-depth studies and research to ensure that the most appropriate activity is chosen to achieve the desired goals.
Choose a free zone:
When it comes to setting up a company in Dubai, choosing a free zone is a crucial step to ensuring the success of the business operation. Dubai\\\’s free zones guarantee a range of competitive advantages and investment opportunities that make them an ideal choice for investors. Investors must choose the free zone that suits the type and size of business they intend to carry out. Dubai\\\’s free zones offer a diversity of permitted commercial and industrial activities, allowing investors to find the zone that best matches their needs and objectives. Free zones in Dubai also vary in terms of infrastructure and services available, and these factors can affect the efficiency of operations and operating costs. In addition, investors should consider the tax and logistical advantages available in each free zone, as these may be decisive factors in making the final decision. Ultimately, the goal of choosing a free zone should be to achieve the highest levels of effectiveness and efficiency in business, and to provide an environment conducive to sustainable growth and prosperity.
Preparing documents:
Preparing documents is one of the basic and crucial steps in the process of establishing a company in the Dubai Free Zone. This aspect of the process requires careful attention and fulfillment of all legal and administrative requirements. Preparing documents includes collecting all necessary documents and information that determine the type of company, its structure and objectives, in addition to determining the legal procedures necessary for its establishment.
Document preparation includes preparing and organizing official documents such as the company’s articles of incorporation and articles of association, in addition to preparing all documents required for government licenses and permits, in accordance with local legislation and regulations.
Furthermore, all financial and administrative documents necessary to register the company must be prepared, such as previous financial reports and future financial projections, in addition to identifying shareholders and directors and submitting their documentation.
In short, preparing documents requires good planning and full preparation to ensure that the process runs smoothly in accordance with legal and administrative requirements, and is considered a vital part of the company establishment process in the Dubai Free Zone.
Submission of the application:
When investors decide to set up a company in a free zone in Dubai, they have to start the application process. This requires specific procedures to ensure the successful completion of the process. The basic steps in submitting an application are to determine the type of business license required and prepare the necessary documents. The application is usually submitted to the official body responsible for regulating commercial activities in the specific free zone. The application and documents submitted are reviewed to ensure they meet legal and regulatory requirements. After the application is approved, the required fees are submitted and the final administrative procedures are completed. Finally, the business license is granted to the company, after which the company can start its business activities in the Dubai Free Zone.
Submitting documents and waiting:
When establishing a company in the Dubai Free Zone, a set of official documents are required to be submitted to the competent authorities. These documents usually include copies of passports of shareholders and directors, application forms, and necessary agreements. After submitting the documents, they are submitted to the relevant authorities for review and approval. This process can take some time, as documentation must be reviewed and all legal and regulatory requirements must be met. After that, investors are informed of the approval and obtain the necessary licenses. Investors should be prepared for a slightly longer waiting period until the process is fully completed.
Receiving the license and establishment:
When it comes to establishing a company in the Dubai Free Zone, the process of receiving the license and incorporation is of great importance. This process begins by submitting an official application to the relevant free zone authority, where the required documents are submitted and the prescribed fees are paid. After that, the application and documents are reviewed by the relevant authorities to ensure that they meet all required conditions and standards.
Once the application is approved, the company is issued a trade license, which is the key step in the incorporation process. In addition, the official location of the company within the free zone is determined, and the keys to the office or warehouse are handed over if it is part of the agreement.
After receiving the license, the investor must begin the procedures for establishing the actual company, such as opening a bank account for the company, registering it in the commercial registry, determining the organizational structure of the company, and appointing employees if necessary.
Complete additional actions:
After completing the basic procedures for establishing your company in the Dubai Free Zone, some cases may require the completion of additional procedures to ensure legal compliance and smooth operation of the company. Among these additional procedures are precisely determining the type of business activity and obtaining the necessary licenses. Necessary professional services, such as accounting and legal, must be employed to ensure compliance with local regulations and laws and provide appropriate advisory support. In addition, tax and insurance requirements should be determined and tax and financial returns filed in a timely manner to avoid potential problems in the future. Providing adequate infrastructure, equipment and resources to effectively start business operations is also an important part of completing further procedures. Ultimately, the investor must be willing to abide by local laws and regulations and provide appropriate conditions to ensure the success of his business in the free zone.
Compliance with legislation:
Compliance with legislation is an essential element in establishing any company in the Dubai Free Zone. The UAE government imposes a set of laws and regulations that all projects must adhere to to ensure compliance and transparency in business. Investors should carefully study and understand this legislation and act in accordance with it to avoid any potential legal problems in the future.
This legislation includes a wide range of laws, including corporate laws, labor laws, tax laws, intellectual property laws, and others. Investors must ensure that all legal requirements are met, including submitting required annual and financial reports and maintaining accurate records of all business operations.
Furthermore, compliance with occupational safety, environmental and health regulations should be a top priority to ensure the safety of employees and overall business operations. Some industries require compliance with specific environmental, health and safety standards, which companies must strictly adhere to to avoid legal penalties.
Opportunities for establishing companies in free zones in Dubai
Free zones in Dubai and the rest of the UAE offer multiple opportunities to establish companies in a wide range of economic sectors. These areas provide an ideal investment environment for investors, and among the famous opportunities available can be mentioned:
- International Trade: Establishing companies to import and export products to and from Dubai, given its position as one of the most important global trade centers.
- Manufacturing and assembly: Provides great opportunities to establish factories or assembly units to produce products in free zones.
- Technology and innovation: establishing IT companies and developing software or technical devices.
- Tourism and Hospitality: Investments in areas related to hotels, restaurants, travel and tourism.
- Financial services: establishing financial companies, including banks and other financial companies.
- Real Estate and Infrastructure: Investments in real estate, real estate projects and infrastructure.
- Retail: Opening stores or shopping centers in free zones.
- Education and Training: Providing educational and training services in the Emirates.
- Energy and Environment: Investments in renewable energy projects and environmental technology.
- Healthcare: Establishing companies in the field of healthcare and medical services.
- Creative Industries: Investments in the arts, design, media, gaming and entertainment industries.
- Agriculture and Food: Provides opportunities for agriculture, food processing and distribution.
You should always conduct a careful feasibility study and consult with local business consultants to understand the potential opportunities and challenges for your specific company.
Types of companies that can be established in the free zone
| Type of Company | a description |
|---|---|
| A limited liability company | – Shareholders enjoy limited and unlimited liability upon establishing the company. The number of shareholders can be from one person or more. |
| Sole proprietorship | – Owned and managed by only one person. The employer\\\’s liability is unlimited. |
| Partnership company | – Owned by partners who share profits and losses and bear responsibility in specific proportions. There must be a partnership contract that specifies the rights and duties of the partners. |
| Public joint stock company | – It has a legal personality independent of shareholders. Shareholders bear responsibility according to their share in the capital. |
| Private joint stock company | – It is owned by a group of shareholders who agree not to sell or transfer their shares to unspecified persons. There must be a contract of association specifying the terms of sale and transfer. |
| Company | It is considered a branch of a parent company operating under the same name and registration, and is subject to the laws of the parent company. Liability depends on the parent company\\\’s arrangements. |
These are some of the common types of companies that can be established in the Dubai Free Zone , and the appropriate type can be determined based on the nature of the business and the specific needs of the company. It is always encouraged to consult with Itqan before making final decisions on the type of company
Costs associated with establishing a company in the free zone
The costs of establishing a company in a free zone in Dubai vary based on several factors such as the type of company, the free zone chosen, and additional services that you may need. Here are some general points that can affect the cost of establishing a company in a free zone:
- Licensing fees: First and foremost, these fees include the government fees required to obtain a license to establish a company in the free zone.
- Registration fees: Then it may include fees for registering the company and obtaining official certificates and founding documents.
- Costs of legal and accounting consultations: Therefore, you may need the services of a legal advisor or accountant to help you prepare the necessary documents and procedures.
- Additional services fees: Then you may need to pay additional fees for services such as legal and accounting consulting, labor recruitment services, insurance, and others.
- Office rental costs: Also, if you need an office in the free zone, you may need to pay office rental costs and fees for additional services such as maintenance and cleaning.
- Labor recruitment fees: Then, if you intend to hire employees, you may need to pay fees for their recruitment and work visas.
- Other services fees: You may also need to pay fees for other services such as opening a bank account for the company, insurances, and taxes.
It is best to inquire directly from the relevant authorities in the free zone in which you intend to establish the company to obtain accurate information about the costs associated with this. It is also recommended to contract with Itqan Company to help you understand and estimate costs accurately and manage the process effectively.
Establishing a company in the free zone
Costs of establishing a company in the UAE
The costs of obtaining a license vary depending on the type of license required, as the price of commercial and industrial licenses ranges according to the requirements and scope of the license. This represents an initial stage of the financial procedures for establishing the company in the Emirates , as the cost of licenses depends on the size of the work and the scope of the activity to be carried out.
On the other hand, the costs of establishing a company in the Emirates include fees for obtaining the required documents and notarizing them with the competent authorities in the free zone. In some cases, documentation is also required from external parties supervising the company’s activity, in accordance with local policies and regulations.
In addition, other costs for establishing the company include fees for obtaining initial approval, the district administration meeting, fees for registering and announcing the company, as well as the costs of receiving external workers necessary to work in the company.
Factors affecting the cost of establishing a company in the Dubai Free Zone
Establishing a company in the Dubai Free Zone is a strategic step towards achieving business success in one of the most attractive economic environments in the world. However, investors should be aware of the various factors that affect the cost of setting up a company in these regions. These factors are diverse and include several aspects of the investment and operational process. Here are some of the key factors that affect the cost of setting up a company in Dubai Free Zone:
1. Type of commercial license:
The cost of establishing a company varies depending on the type of business license required. There are different types of licenses, such as a commercial license, an industrial license, and a professional license, and each type requires different fees.
2. Size and space of the office or warehouse:
Much of the cost depends on the size and space of the office or warehouse you will rent. Free zones provide a variety of options for office and warehouse space, and their prices vary based on location, space, and services provided.
3. Number of visas required:
The cost of establishing a company is affected by the number of visas it needs to bring in employees. Each visa requires certain fees and administrative procedures, which increases the overall cost.
4. Registration fees and government procedures:
These fees include the costs of initial company registration, business license renewal, and other government procedures related to incorporation. These fees vary from one free zone to another.
5. Costs of legal and professional consultations:
Investors may need legal advice or accounting services to ensure compliance with local laws and proper management of financial matters. The costs of these services add to the total cost of establishing the company.
6. Business-specific requirements:
Some businesses require additional requirements, such as obtaining special permits or equipment. These requirements can increase establishment costs.
7. Additional services fees:
These fees may include additional services provided by the free zone, such as logistics services, IT services, or administrative support services. Choosing these services can affect the final cost.
8. Location within the free zone:
The geographical location of the company within the free zone can also affect the cost. Central or premium locations may be more expensive than peripheral or less sought-after locations.
9. Taxes and customs duties:
Although free zones provide tax and customs exemptions, there are some fees that may be associated with business operations such as port service fees or permit fees.
10. Insurance costs:
The costs associated with office or warehouse insurance, as well as employee insurance, must be taken into account when calculating the total cost of setting up a company.
11. Equipment and infrastructure:
Equipping the office with the equipment, furniture, and technology required to begin operations may add additional cost. Infrastructure setup costs vary based on the specific needs of each company.
Together, these factors affect the final cost of setting up a company in the Dubai Free Zone. It is necessary to conduct a comprehensive feasibility study and take these factors into account to achieve a balance between cost and potential benefits, and ensure the success of the business in Dubai\\\’s dynamic environment.
Establishing a company in the free zone in Dubai
Types of free zones in Dubai
Free zones in Dubai are divided into two main types of companies:
- Free Zone Company – Limited Liability: This type of company is characterized by the presence of shareholders who bear limited liability for the company’s obligations to the extent of their shares in the capital.
- Free Zone Corporation: This type of company has one shareholder and has unlimited liability.
The basic difference between these two types lies in the number of shareholders and their legal status, whether they are natural individuals or legal entities. Each free zone in Dubai adopts its own set of rules and regulations, so business owners must ensure that the type of company they plan to establish complies with the legal requirements of the free zone in question, as well as checking with the governing body of each free zone to ensure full compliance.
The number of free zones in Dubai is constantly increasing, enhancing the emirate\\\’s attractiveness as a global business centre. Below are some of the most popular free zones that individuals and companies visit to establish their businesses in Dubai:
- Dubai Airport Free Zone: Provides facilities for companies that rely on air transport for their business.
- Dubai Design District: targets companies working in the field of design and creativity.
- Dubai Healthcare City: Designated for companies working in the health and medical care sector.
- Dubai International Academic City: includes educational and academic institutions.
- Dubai Internet City: a hub for technology and digital companies.
- Dubai International Financial Centre: It is a global hub for financial services.
- Knowledge Park in Dubai: Dedicated to companies working in the field of research and development.
- Dubai Media City: includes companies working in the field of media and media production.
- Gold and Diamond Complex: Focuses on gold and jewelry trade.
- Dubai Multi Commodities Centre: It is a platform for global trade in various commodities.
- Dubai Silicon Oasis: A district dedicated to information technology and technology companies.
- Dubai Production City: hosts companies working in the field of industrial production.
- Jebel Ali Free Zone Authority: It is considered one of the largest free zones and serves a wide range of industries.
- Dubai South: Provides an integrated work environment for new companies and projects.
- Dubai Media Production City: Focuses on media and artistic production.
- Dubai Studio City: Provides specialized facilities and services to companies involved in film and television production.
Types of activities and businesses that can be carried out in free zones
The free zones in the UAE offer a unique business environment that attracts investors from all over the world, thanks to tax exemptions, advanced infrastructure, and flexible laws. The activities and businesses that can be practiced in these areas vary greatly, to meet the needs of various economic sectors. Here are some common activities and businesses that can be carried out in free zones:
- General Trade: Companies operating in free zones can engage in general trade business, including importing and exporting goods and distributing them to local and international markets.
- Manufacturing and Industry: Free zones provide an ideal environment for industrial companies that wish to manufacture and assemble products, while providing advanced facilities and excellent logistical support.
- Logistics services: Logistics, transportation and distribution companies can take advantage of the advanced infrastructure in free zones to provide goods transportation, storage and distribution services.
- Financial services: Financial activities in free zones include banking, insurance, investment, and asset management services, where financial companies can provide their services locally and internationally.
- Information and communications technology: Free zones encourage companies specialized in information and communications technology to innovate and develop technical solutions, which enhances the growth of the technological sector.
- Media and media production: Free zones provide opportunities for companies working in the field of media and media production, including advertising, television, and film production.
- Consulting and Professional Services: Companies that provide consulting and professional services such as law, engineering, auditing, and human resources can operate efficiently in free zones.
- Healthcare and Education: Free zones allow companies providing healthcare and education services to establish modern facilities and provide high-quality services to the community.
- Tourism and Hospitality: Activities in this field include operating hotels and tourist resorts, organizing tourist trips, and providing various hospitality services.
Why do you need to establish a company in Dubai Free Zone?
If you are planning to start a business and want to make the most of forming a company in a free zone in the UAE, understanding the benefits that Dubai has to offer can be a crucial factor in the success of your venture. Establishing a company in the Dubai Free Zone comes with a set of important advantages that make it an attractive option for investors from all over the world. Let\\\’s take a look at some of these advantages:
Full foreign ownership:
One of the most prominent benefits that Dubai offers is the possibility of full foreign ownership of the company. This means that a foreign investor can establish the company without the need for a local partner or an Emirati agent, giving complete freedom to manage the business and make profits.
No currency restrictions:
In Dubai\\\’s free zones, there are no restrictions on foreign currency transactions. This enhances the ease of international financial transactions, providing great flexibility to companies in making cross-border financial transfers and investments.
Exemption from import and export duties:
Companies registered in Dubai free zones are exempt from import and export duties. This means that the costs of entry and exit of goods to and from Dubai become lower, which enhances business competitiveness and encourages expansion into international markets.
Tax advantages:
Companies in free zones enjoy complete exemption from taxes, including income tax and corporate tax. This 100% tax exemption contributes to increased profits and reduced operational costs.
Smooth recruitment of labour:
Companies in free zones can easily import foreign workers at reasonable costs. This flexibility in hiring foreign workers enables companies to obtain the best global talent, which contributes to business growth and achieving operational goals.
Readily available workspaces:
Dubai\\\’s free zones offer a variety of workspaces, including warehouses and offices, making them ideal for SMEs as well as start-ups. These readily available facilities help support daily operations and provide a suitable working environment.
Ease of establishing companies:
The procedures for establishing companies in Dubai\\\’s free zones are simple and straightforward, as the licensing process can be completed quickly compared to other jurisdictions. The immigration procedures associated with establishing companies in free zones are efficient and easy, which saves time and effort for investors.
Excellent infrastructure and communications:
Dubai\\\’s free zones have advanced infrastructure that includes the latest communications systems and transportation networks. This strong infrastructure provides companies with an ideal working environment that enables them to take advantage of available resources and achieve sustainable growth.
Investing in the free zone
Types of business licenses in the Dubai Free Zone
The Dubai Free Zone is an ideal environment for establishing companies, as it provides a variety of business licenses that suit the needs of companies and their commercial goals. Here are some types of licenses in the Dubai Free Zone :
| Type of license | the description |
|---|---|
| General Trading License | It allows companies to conduct any legitimate business activity within the free zone, including the import and export of goods. |
| Professional License | It allows individuals to provide specific professional services such as medicine, engineering, accounting, and graphic design. |
| Limited Liability Company License | It allows the establishment of a limited liability company in the free zone, with the possibility of providing a limited number of shareholders. |
| Public Shareholding Company License | It allows companies to conduct public stock offerings and attract shareholders from the public. |
| Private Shareholding Company License | It allows companies to make special offers of shares to a limited number of shareholders. |
| Industrial Free Zone License | It allows companies to work in the manufacturing sector and manufacture products. |
| Multinational Company License | It allows international companies to expand their business activity and invest in the Dubai Free Zone. |
These licenses are just examples of the wide variety of business licenses available in the Dubai Free Zone, and represent various options that allow companies to choose the most appropriate type that suits their activity and needs.
Advantages of establishing a company in the Dubai Free Zone
The UAE continues to strengthen its efforts to make the investment experience in Dubai and the free zones distinct at the national and global levels. Offers a range of attractive benefits, including:
- Opening the doors to full ownership for foreign investors, as investors can establish their companies in free zones without the need for a local partner.
- Ease of repatriating capital and transferring profits, without imposing income taxes or fees on transferring funds abroad, making financial operations easier and more efficient.
- Complete exemption from taxes, import and export duties, in addition to providing shipping services at low costs, and logistical support that meets all needs.
- Providing administrative offices of various sizes and prices to suit different needs, without complications in obtaining them.
- Facilitating procedures for establishing companies, providing facilities for visas and sponsorship, and providing easy employment options for expatriate workers.
- These advantages are largely due to the unification of activities in each region, which creates a business-friendly environment and attracts investors.
We support you in establishing your company in the free zone
It is always advisable to speak with Itqan Company directly to obtain accurate information and customized services according to your company’s specific needs. Itqan Company provides several support services for establishing companies in the free zone, and these services include, for example:
- Business consulting: thus providing comprehensive consultations on how to establish a company in the free zone, including choosing the appropriate type of company and determining the appropriate free zone.
- Licensing and permits arrangements: Assistance in arrangements for obtaining the necessary licenses and permits to establish the company in the free zone, and assistance in following up on administrative and legal procedures.
- Preparation of documents and documents: Then assistance in preparing the documents and documents necessary to establish the company, such as the articles of incorporation, license application forms, and personal certificates of the founders.
- Organizing meetings and appointments: We also organize meetings and appointments with the relevant authorities in the free zone to facilitate the process of establishing the company and following up on procedures.
- Accounting and financial services: thus providing accounting and financial services to emerging companies in the free zone, including preparing financial reports and following up on taxes and budgets.
- Support in recruitment and human resources management: Then providing support in the recruitment process and human resources management for startup companies, including preparing contracts and training employees.
- Legal support: Then providing the necessary legal support to ensure the enjoyment of the company’s rights and compliance with local legislation and regulations.
- Administrative support services: We also provide administrative support services for startup companies, such as communications, coordination, and office management.
These are just general examples of the services that Itqan Company may provide to companies wishing to establish their businesses in the Dubai Free Zone. It is always advisable to speak with Itqan directly to obtain accurate information and customized services according to your company\\\’s specific needs.
Are you looking for the best company to establish companies in the free zone?
Itqan Company is one of the leading companies in the field of establishing companies in the free zone in the United Arab Emirates, and is distinguished by providing distinguished and comprehensive services to investors seeking to establish their companies in these areas. Itqan Company specializes in providing legal, financial and administrative consultations to assist in all aspects of the company establishment process, from strategic planning and developing operational plans to completing official procedures.
Itqan Company relies on a qualified and specialized work team in multiple fields, which allows it to provide services with a high level of efficiency and professionalism. The company is also characterized by close cooperation with the official authorities in the free zone, which facilitates establishment procedures for customers and ensures full compliance with local laws and regulations.
If you are looking for the best company to establish your company in the free zone, Itqan Company is considered an excellent choice that combines experience, professionalism and quality in service. The company offers customized solutions that comprehensively meet clients\\\’ needs, ensuring a smooth and successful company formation experience in the UAE Free Zone.
Investing in the free zone
In conclusion, the free zones in Dubai offer impressive investment opportunities for those wishing to establish their companies without a sponsor. This model is characterized by easy access to regional and global markets, thus enhancing business opportunities and contributing to the growth of the local and global economy.
Establishing a company in the Dubai Free Zone is also an ideal option for investors looking for an innovative business environment that is open to innovation and development. Thanks to the advanced infrastructure and facilities provided by these areas, companies can achieve sustainable success and expand their business efficiently.
Through the guidance of its experts and its specialized services in establishing companies, Itqan Company ensures that you have everything you need to start your own project with confidence and success. In cooperation with the Itqan team, you can confidently move towards the world of entrepreneurship and benefit from the opportunities for growth and development in the Dubai Free Zone.
Do not hesitate to benefit from the experience and specialization of Itqan Company to realize your dreams of building a successful and sustainable company in one of the most attractive regions for business in the world.
Also, through cooperation with Itqan Company , investors can benefit from experience and knowledge in the process of establishing companies in free zones in Dubai, ensuring correct guidance and effective provision of the necessary services. Therefore, business goals can be achieved efficiently and with tangible success in the local and international market.
Frequently asked questions about ways to establish a company in the Dubai Free Zone
What is the free zone in Dubai and what are its benefits?
The Dubai Free Zone is a special zone designated for business that offers an encouraging environment and privileges such as no taxes on profit, import and export, and complete freedom of ownership for foreign investors.
What are the basic steps to establish a company in the Dubai Free Zone?
- Choose the company type and define the business activity.
- Submit the application and required documents to the Department of Economic Development in Dubai.
- Pay the necessary establishment fees and permits.
- Opening a commercial bank account for the company.
- Receiving final licenses and approvals.
Can foreigners establish a company in the free zone?
Yes, foreigners can establish companies in the Dubai Free Zone and benefit from complete freedom of ownership and no taxes on the profit.
What are the fees required to establish a company in the free zone?
Fees vary according to the type of company and its activity, and include registration fees, permits, and administrative services.
What guarantees and protections are available to companies in the free zone?
Companies in the free zone enjoy legal, administrative and financial protection, and the UAE provides a stable and regulated business environment.
