COMPANY SET-UP IN A DUBAI FREE ZONE – THE ADVANTAGES

Dubai remains the haven of foreign investors due to its tax facilities and ultra modern business infrastructure available. As one of the most desirable investing destinations for foreign enterprisers, Dubai has attracted investors by the hordes with its free zones and the advantages these offer. Company formation in Dubai is quite easy if one knows the right steps to complete the business registration. But it must be noted that to set up a company in a Dubai free zone, you will need the assistance of local firms.

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Dubai’s free zones

Dubai has the largest number of free zones but there is no dearth to several free zones in other emirates in the UAE. Wherever be their physical location, all free zones offer the same advantages. The free zones in Dubai that attract most investors are the Dubai International Financial Centre (DIFC), Dubai Internet City and Dubai Maritime City,.

Why open a company in a Dubai free zone?

Opening a company in a Dubai free zone has many advantages when compared to onshore companies as a local partner is not needed & full foreign ownership is allowed. There are also corporate tax exemptions over a period of 50 years. Each free zone is governed by its own authority issuing and enforcing the local legislation.

Depending on the Dubai free zone to register the company, investors must apply for business licenses related to the industry they want to operate in. Filing the incorporation and licensing documents is part of the same process here. If you want to set up a company in a specific free zone in the Emirate, do get in touch with our representatives who will assist you.

Benefits & Advantages of Business setup in Dubai Free Zone

100% possession without the help of UAE sponsor
No restriction on currency movements
Faster licensing & business set-up
Cost of start-up and operational is low
Personal income tax Exemption
No visa restrictions for accomplishment with liberal labour laws
Pre-built structures- offices, warehouses & factories
Sponsorship, on-site housing and labour assistance Support
Accessible to air, rail and road transport
Minimal Import/Export duty
Flexible & Attractive working environment
24/7 operational ability
Access to skilled professionals
Transparent laws & regulations
Sophisticated IT infrastructure with world class data centre
Zero % corporate tax
Business support services with quick & efficient operations
Single window clearances for administrative services
Full-fledged infrastructure with efficient communication system

List of Documents Required For a business license in Dubai Free Zone:

Color copy of shareholder(s)’ passport and visa, if applicable
Application form
Memorandum and Articles of Association (MAA)
Business plan
Board resolution

List of Documents Required For opening a UAE corporate bank account:

Certiﬁcate of company’s incorporation
Company Trade Licence;
Company’s Memorandum & Articles of Association (MAA)
Passport copies for shareholders & authorized signatories.
A corporate account opening form
Share certiﬁcate copy
List of Free Zones in Dubai

List of Free Zones in Dubai – UAE

Dubai has more than 35 free zones which offers a wide range of world class facility for company formation:

Dubai Internet City (DIC)
Dubai Design District
Dubai Academic City
Dubai Biotechnology & Research Park (DuBiotech)
Dubai Knowledge Village
Meydan Free Zone
Dubai Industrial City (DIC)
Dubai Airport Free Zone Authority (DAFZA)
Dubai Healthcare City
Jebel Ali Free Zone
Dubai World Trade Center Free Zone
Dubai Media City
International Media Production Zone
Dubai Techno Park
Dubai International Financial Centre
Dubai Multi Commodities Centre or Jumeirah Lakes Towers Free Zone
International Humanitarian City
Dubai South Free Zone
Dubai Logistics City
Dubai Creative Clusters Authority (Dubai Technology and Media Free Zone Authority)
Dubai Outsource Zone
Dubai International Academic City
Dubai Car and Automotive City Free Zone (DUCAMZ)
Dubai Flower Centre
Economic Zones World
International Humanitarian City
Dubai Maritime City
Dubai Silicon Oasis
Dubai Gold and Diamond Park
Dubai Studio City