Dubai Free Zone Company Registration

Dubai Free Zone Company Registration  : Dubai has established special economic zones, commonly referred to as Free Zones, to promote and facilitate international trade and business. These zones offer significant tax concessions and customs duty benefits to expatriate investors interested in forming free zone companies, particularly Free Zone Companies (FZCs).

More than 30 Free Zones operate in Dubai and are managed and operated by the relevant authority like the Jebel Ali Free Zone, one of the largest sea port free zones in Dubai is managed, operated & supervised by the Jebel Ali Free Zone Authority in Dubai. The free zone, as a notable feature, offers a subsidized rate of 32 percent on the Foreign Direct Investment (FDI) within the country. You can incorporate your business in Dubai Free Zones with 100% Tax exemption you can start with Dubai Free Zone registration process today with Black Swan. Company formation in Dubai is quite easy when you deal with company formation experts in Black Swan.  

Without a business license, the business formation in the UAE free zones are incomplete. Here are the following business licenses obtained by the applicant in the United Arab Emirates free zones:

General Trading License

It permits investors to trade all types of products.

Commercial Or A Trading License

It provides a time-limited authorization for the execution of commercial, industrial, or consulting activities.

Service License

It permits accounting firms, business consultancy and law firms to operate.

Industrial License

It allows in manufacturing the goods, imports raw materials and exports finished products globally.

Warehousing License

Investors have the option to obtain this license, specifically designed for warehousing facilities, enabling them to lease space for the distribution, storage, and packaging of goods.

Manufacturing License

Allows the applicants in manufacturing products.

There is no need for a commercial company law to set up a company in free zones. The UAE’s free zones fall outside the jurisdiction of the United Arab Emirates that has rules set by the free zone authorities.

Furthermore, these free zones present an ideal business opportunity for global investors, boasting a liberal working environment and streamlined company setup procedures.

1. Type of legal entity determination

It’s imperative to make a decision regarding the appropriate entity to employ within the free zones, and the financial prerequisites for such entities hinge on the particular free zone where you intend to establish your company. For instance, no minimum capital requirement is needed to set up a business in twofour54, but in Dubai Airport Free Zone you must have a minimum share capital of AED 150,000.

2. Choosing a trade name

You must fix a trading name for the company after deciding the type of a legal entity. Cross check with the free zone authority so that your name is not already registered.

3. Business License Application

Following the registration of your trading name, the subsequent action is to apply for the business license, with the specific type of license being contingent upon your primary business activity. You have to submit documents while you apply for a license.

4. Office Space

Free zone authorities also provide flex-desk office solutions to assist startups, alongside the option to lease or purchase office spaces within these zones. Consequently, your company’s specific office needs will be determined by the nature of the business activities that are in alignment with your operations.

5. Register your business, get pre-approval and license

Must obtain the initial approval from specific authorities, then register your business in the portal, next get your license. This takes nearly 2-4 weeks. As soon as you get a license, you can start your business.

The documents have to be translated to English, notarized and attested by the Arab Embassy or a Gulf Cooperation Council.

General Documents

• Contact persons’ business cards.
• Filled application license form.
• Business plan copy.
• Attested and notarized AOA and MOA.
• Partners and business managers passport copies.
• Original bank reference letters.
• License of partner’s existing company.

Documents For Consultancy License

• Diploma certificate copy with desired activities.
• Experience certificate.

For Industrial License

• Existing company profile.
• Business feasibility study.
• Filed form of investor’s project profile.

For Branch Of Companies

• MOA and AOA.
• Registration certificate attested copy.
• Original Board Resolution offering financial commitment of branch.
• Legal representatives’ power of attorney.
• Passport copies.
• Parent companies with last three months bank statements.