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Freezone Company Setup in Dubai, UAE
Most foreign entrepreneurs and investors who are starting their business in the Middle East prefer a Freezone Company Setup in Dubai, UAE. The steadfast support that the Dubai government provides for promoting business and trade activities is immense. It makes the prospect of setting up a business in Dubai Freezones highly appealing to business persons. The United Arab Emirates has around 40 Free Zones that each promotes different sectors of business.
Here are some of the popular Free Zones in the UAE and the business activities that are promoted in the area.
- Dubai Multi Commodities Centre (DMCC) – Trade, Commodities, and Exchanges
- Jebel Ali Free Zone (JAFZA) – Trading, Service, Logistics, General Trading, and Industrial
- Dubai International Financial Centre (DIFC) – Banking, Legal, and Financial Services
- Dubai World Central (DWC) – Aviation, Light industry, Logistics, and Ancillary Services
- Dubai Knowledge Park (DKP) – Training, Human Resources Management, and Personal Development
- Dubai Internet City (DIC) – Information Technology and Communications
- Dubai Media City (DMC) – Media related ventures
- Dubai Silicon Oasis (DSO) – Information Technology, Electronic, Telecom, and Engineering
- Dubai Healthcare City (DHCC) – Healthcare, Pharmaceuticals, Medical Equipment, Medical Education, and Research
- Ras Al-Khaimah (RAK) – Trading, Industrial, General Trading, and Educational Services
- Fujairah Creative City (FCC) – Consulting, Media, Communications, Design, and Technology
What Are the Free Zones in Dubai?
Freezone business setup is popular due to the lack of proprietorship limitations and other benefits that make it easier for foreign entrepreneurs. Each Freezone is governed by an autonomous Free Zone Authority (FZA), which issues licenses and permits related to Freezone company registration. Highbiz business setup services offer Freezone business setup services in Dubai.
The list of Free Zones we serve:
- Jebel Ali Free Zone (JAFZA)
- Dubai Airport Free Zone (DAFZA)
- Dubai International Financial Centre (DIFC)
- Dubai Healthcare City (DHCC)
- Dubai Media City (DMC)
- Dubai Silicon Oasis (DSO)
- Dubai Academic City
- Dubai Design District
- Dubai Industrial City (DIC)
- Dubai International Academic City
- Dubai Internet City (DIC)
- Jumeirah Lakes Towers Free Zone/ Dubai Multi Commodities Centre
- Hamriyah Free Zone
Procedures for Freezone Company Registration
- The first step to start a business in Dubai as a foreigner is to select the business category under which your business activities fall. Choose a Freezone and type of business incorporation according to that to set up your business.
- Choose a trading name for your business and register the trade name with the concerned Freezone authority. You cannot use a pre-existing trade name.
- Determine the category of license you will need to operate your business and apply for the relevant license with Dubai government authorities.
- Lease a suitable office space that is adequate for the size, and business type of your Freezone business setup.
- Take all the initial approvals that are needed from concerned departments and authorities.
- Register and obtain permits for your business at the concerned Freezone authority.
- Obtain the business license and start your business operations seamlessly in the free zone.
What are the Benefits of a Free Zone Company in Dubai, UAE?
The opportunities and benefits of a free zone company in Dubai are numerous. UAE is one of the major business centers and is a global destination for setting up businesses or branches. Dubai emirate is the notable one among the emirates of UAE, which provides the best infrastructure, support, and development that can contribute to the growth of a business. The benefits of a free zone company in Dubai include:
- Enables you to obtain residency visas for company shareholders, directors, and employees.
- 100% foreign ownership without the need for local partners or sponsors.
- 100% repatriation of capital and company profits
- 100% income tax and corporate tax exemptions
- No currency restrictions
- Numerous licensable business activities
- Ample and subsidized energy and other resources
- Efficient infrastructure, connectivity, logistics, and other facilities
- Help and support desks for SMEs and startups
Freezone Company Setup Requirements
Highbiz business setup services are one of the top service providers for Freezone company registration in Dubai. We ensure all of your Freezone company setup requirements are met, and the process is smoother with our expert assistance. You can register a company in UAE free zones as a Free Zone Establishment (FZE) or a Free Zone Company (FZC). An FZE has a sole shareholder while the FZC has two or more, but both of these will be limited liability companies (LLC) as per the regulations of Free Zone authorities.
These are the documents that are required to start a business in Dubai as a foreigner and for a Freezone business setup.
- Certified copies of passport and UAE Visa/UAE entry stamp (if non-resident)
- Two proof of address (within the last 3 Months)
- Bank or professional reference letter
- Curriculum vitae (summary of professional history)
- Company application form
- Comprehensive business plan about the proposed business
- Lease an office space after the legal establishment of the company in the free zone
- Acquire an operating license from the FZA
Want to know more?
If you need further assistance in doing business in UAE or setting up your own office in Dubai or in the UAE Free-zones;