Procedure to Setup a Business in Dubai Free Zone

Select business activity

Determine the type of business that you wish to start in Dubai Freezone. The license type that you wish to apply is likely to depend upon the type of business activity that you wish to initiate. Multiple business activities are supported by several Dubai zones. So, there are numerous options to choose from.

Identify a Freezone

On choosing your preferred business activity, the next step will be to determine the most appropriate freezone. Dubai has created sector specific zones such as healthcare, IT, trading & commerce, etc. Hence, it will be necessary to undertake through research to choose the right one.

Select a company name

Prior to finalizing the establishment’s name, do ensure that it is available for registration with the freezone authority portal. The name needs to adhere to certain prescribed standards. It includes references made towards political or religious organizations or blasphemous languages.

Collect all essential documents to apply for business license

Once business activity is determined and trade name registered at the portal, applying for the license is the next step to undertake. The license type will again depend upon the type of business activity to initiate. There is an application form taht needs to be filled up and documents mentioned in within the form to be collected. Visa application can also be made during this procedure.

Open up Corporate bank account

It is easy to open up a corporate bank account. You will have to submit your business license and other essential documents with your preferred financial institution. After 4th step, valid license can be obtained within 2 to 4 weeks. Then you are ready!!

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Originally posted 2021-09-29 06:35:52.