To entice the foreign investors for starting their own businesses easily in Dubai or around the UAE, the concept of free zone company formation in Dubai UAE has come into existence. Free zone authority in UAE is the governmental body which takes care of the complete process of free zone business setup in Dubai. The reason behind the popularity of Dubai as a global city of business is the huge incentives and tax regime to the foreign investors upon setting up their business in free zones.
Do you want to setup a Freezone company in Dubai, UAE? Do you want a low-cost business setup in Dubai? Do you want a quick business license from the UAE government? If your answer is yes, we at Business Link is the right place to bring your dream business come true in no time. We have a team of professional business consultants in Dubai having 10+ years of experience of providing complete support to those who want to get the ball rolling on their own free zone companies easily like never before. Before you go for the business setup in UAE Freezone, have a look at various insights associated with Dubai free zone companies.
As the name depicts the meaning, free zones are the free trade zones or areas where the foreign investors set up their businesses effortlessly at flank speed. This concept has played a very important role to make Dubai as the business hub internationally.
The company formation in Dubai free zones comes up with ‘N’ number of benefits including easy setup, tax regime, complete support and assistance, lucrative incentives, trading at custom rates, 100% ownership, and a lot more. Every coin has two sides. Just like that there are certain limitations for free zone companies in Dubai.
Let’s dive deep into various aspects of free zones in Dubai UAE
Before diving into the process of starting a free zone business in Dubai UAE, let’s see how many types of companies you can set up in Dubai free zone.
Basically, one can start two types of free zone companies either free zone establishment (FZE) and another is free zone company (FZCO). In general, companies under the free zones are limited liability companies (LLC). There is a minor difference between FZE and FZCO which is as under:
1- Free Zone Establishment (FZE):
Company registered with one individual or corporate shareholder.
2- Free Zone Company (FZCO):
Company registered with two or more shareholders which can be either individuals or companies
3 -Branch Office:
This type of companies can be established according to different rules and regulations of various free zones.
We at Business Link UAE have years of experience working as a business consultant in Dubai. We provide support to our client-base to start their business in any free zone of UAE.
There are 30+ free zones operating in entire UAE. It means that every emirate of UAE consists of its own free zones with different rules and regulations along with ‘N’ number of facilities and incentives to setup businesses.
At the end, everyone wants to opt for that freezone which offers best facilities at the minimum cost. So, as per our many years of experience, we can say that if you are just planning for free zone company setup for the first time, it’s recommended to choose free zones in Dubai south or outside of Dubai i.e Sharjah, Ajman, UAQ, RAK, Fujairah.
The free zones at above mentioned emirates offers the best packages along with very nice incentives, facilities, etc for easy setup of your company.
Let’s take an example, at UAQFZ (i.e. Umm al Quwain), it is possible to keep your overheads as low as possible as this free zone doesn’t provide physical offices. Moreover, yearly maintenance charges are lower than other freezones in the UAE.
Additionally, Ajman media city also offers a feasible packages along with ‘N’ number facilities which you can’t get from other free zones.
Starting a free zone company in UAE is easy and fast process as compared to mainland business setup. Free zone authorities are responsible for entire process required to bring your dream free zone company into existence.
Below are the key steps that one needs to pass through for setting up a business in any free zone of UAE:
According to the law, no free zone company is allowed to undertake any trading activities outside the free zone. In case, if any free zone business has acquired the essential licenses and documentations from DED i.e. Development of Economic Department, then it is allowed to do so. Violation of any rule may result in the penalty of AED 100,000
Free zone companies can also get connected with the distributors having valid DED licenses and can do business with the mainland companies by keeping distributors as a mediator.
Apart from this, free zone companies have one more option to do business with the mainland companies through civil work company or LLC.
Let’s look at perks of company formation in free zone business setup:
Different free zones have their own rules, regulations and advantages. So, the above list is not the end. One may find some more advantages at specific free zone which might not be offered by other free zones.
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Dubai, UAE
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Dubai Branch
Oasis Center, 3rd Floor, #104
P.O box: 282007
Sheikh Zayed Road
Dubai, UAE
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Riyadh, KSA
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We are Open From
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