How To Open A Business In Dubai Free Zone? (Best solution)

Here are the key steps to set up a business in a free zone.

  1. Determine the type of legal entity.
  2. Choose a trade name.
  3. Apply for a business licence.
  4. Choose an office space.
  5. Get pre-approvals, register your business and get your licence.

Can a free zone company do business in Dubai?

Free zone jurisdictions do not permit companies registered under free zone authorities to do business in Dubai Mainland. Apart from this, free zone companies can also conduct business in Dubai mainland through a civil company, limited liability company, or by establishing a branch office.

How much does it cost to set up a company in Dubai free zone?

The exact fee will be determined according to the company’s legal structure, and of course, the chosen free zone. The costs for registering a company in a Dubai free zone is not exceptionally varied; it is usually around the range of AED 9,000 to AED 10,000.

How much does it cost to start a business in Dubai?

To set up an onshore business in Dubai costs a minimum Dh34,340 ($9350), the rankings note, and requires payment of myriad fees. These include Dh15,000 for a general trading licence, plus fees of Dh10,000 to Dubai Municipality, Dh3,000 to the Ministry of Economy and Dh1,200 to Dubai Chamber of Commerce.

Which is the cheapest Freezone in UAE?

Ajman Media City is the cheapest free zone in UAE. This freezone offers investors a range of business activities and business license types at the lowest cost.

Can Freezone sell to mainland?

A company established in Freezone can carry out business in Mainland subject to the restrictions imposed by the law of the UAE. The Free Zone trading company can export the goods to the Mainland companies by following the UAE Customs procedures.

Can a Freezone company rent office in Dubai?

Most freezones in Dubai require you to rent a physical office space. However, freezones like the DMCC and Dubai South offer flexi-desks starting from AED 16,000 per year.

Which free zone is best in UAE?

List of best free zones in the UAE:

  • Jebel Ali Free Zone Authority (JAFZA)
  • Dubai Multi Commodities Centre (DMCC)
  • International Free Zone Authority (IFZA)
  • Fujairah Creative City Free Zone.
  • Sharjah Media City Free Zone (Shams)
  • Sharjah Publishing City Free Zone (SPCFZ)
  • Ras Al Khaimah Economic Zone (RAKEZ)

How do I get a DED license?

The DED Trader license is issued electronically wherever you are by visiting dedtrader.ae and following simple steps; create username and password; enter address details, and social media accounts for the project/business; select the activity and trade name and finally pay and receive the license electronically.

What is a free zone company in Dubai?

Essentially, free zones or free trade zones in Dubai are business zones where companies operating in them are exempt from all types taxation such as Value Added Tax (VAT), Income Tax, Corporate Tax and Customs. Business owners in the free zone areas in Dubai have 100% ownership of the business.

How can I open a small shop in Dubai?

Below are few of the procedures that are mandatory for a retail business setup in Dubai:

  1. Local Support. Streamline your business plan before you open a retail shop in Dubai but partnering with a UAE national is a must.
  2. Business License and Registration.
  3. Business Jurisdiction.
  4. Shop on Rent.
  5. Added Paperwork & PRO.

What is the cheapest business to start in UAE?

List of Low investment Business Opportunities in Dubai

  1. Food Business. Restaurant business has always been in the limelight as one of the most profitable businesses in Dubai.
  2. Consultation Service. People lack information and awareness of many things.
  3. Content Writing and Copywriting.
  4. Real Estate.

What is the best small business to start in Dubai?

If you’re looking to start a business in Dubai, here are some successful business ideas in Dubai for your consideration.

  • Travel and Tourism.
  • Real Estate Agency.
  • Health Sector.
  • Handyman Business.
  • Consultancy Service.
  • Beauty Salon.
  • Restaurant Business.
  • Cleaning Services.

How can I get business license in UAE?

You can apply for a business license via the Department of Economic Development website or in person at a DED customer service center. You may also need to get approval from other relevant authorities – this will depend on the nature of your economic activity.

How can I get e trade Licence in Dubai?

The process to obtain the E-trader licence in Dubai is simple and quick.

  1. Apply for the licence in Dubai on the DED Trader website.
  2. Create a DED Trader account, register and make the payment.
  3. Provide information about your social media accounts when registering for the licence.
  4. Wait for the confirmation.

How to start a business in a Dubai free zone

So you’ve decided that you want to start a business in Dubai and that picking a Free Zone is the best option for you (read more onwhat a free zone is). As a result, you’ll need to know how to launch a business in a free zone in Dubai. First and foremost, you must determine the sort of business you desire to operate. Are you planning to work as a freelancer? Alternatively, you may establish a free zone corporation and hire people. Setting up shop as a freelancer can be a more cost-effective alternative; but, not all of Dubai’s free zones provide freelancing permits, so your options are rather limited.

Find out how to get started with your free zone business if you believe it is the best option for your organization.

1. Choose a business activity(or activities)

Decide on the business activities you desire to conduct out in your Dubai free zone business as the first stage in getting your firm up and running. The activities you choose will have an influence on where your company can be registered. Furthermore, the sort of license you apply for will be determined by the activities you desire to engage in – such as providing professional services, doing business or trading.

What to do next?

While describing each and every activity you desire to engage in may appear to be a difficult task, bear in mind that there is no need to restrict yourself too much in Dubai because many free zones allow for various commercial activities to be conducted under a single license. However, due to the fact that Dubai has certain very specific rules about which activities are permissible under which licenses, it is recommended to consult with a business formation professional at this stage in order to guarantee a smooth procedure.

2. Find a free zone

As soon as you’ve settled on your company activities, the following step is to determine which free zone is the most appropriate for your operations.

What to do next?

The next stage after deciding on your company operations is identifying which free zone is the best fit for your needs.

3. Choose a company name

Choosing a name for your company is challenging no matter where in the globe you choose to establish your operations. Numerous elements must be taken into consideration, ranging from the emotional to the practical. For example, does your given name elicit an emotional response from others? In that case, what is it that says? Reliable? What do you mean, high class? In addition, there are other name traditions to take into consideration in the United Arab Emirates.

What to do next?

When selecting a company name in the United Arab Emirates, the first step is to confirm that the name you want to use is accessible for registration – a company setup professional can readily check this for you. There are also specific rules that the name must conform to, such as refraining from using profane language or making connections to religious or political organizations or organizations.

When naming your company after a person, there are a few more aspects to take into consideration: That individual must be a partner and shareholder in your company, and only complete personal names, rather than initials or abbreviations, are authorized.

4. Make your license application

Following your decision on what you want to do, where you want to do it, and under what name you’ll trade, it’s time to formalize your Dubai free zone business creation by submitting your application to the government.

What to do next?

Depending on the type of license you are asking for and the free zone you have chosen, the specific paperwork necessary for Dubai free zone business establishment may vary. If you follow a general rule of thumb, you may anticipate being asked for any or all of the following information:

  • Passport and visa copies in color of the shareholder(s)’ passport and visa (if applicable)
  • Documents required: application form, business strategy, board resolution, memorandum and articles of incorporation

A proof of invoices or work orders may also be requested when establishing a freelancer business account.

5. Applying for visas

At this point, you can also begin the process of applying for a visa. In addition to applying for your own visa, you may also apply for the visas of your employees and any domestic personnel you may have.

What to do next?

If you are applying for a visa on your own behalf or on behalf of someone else, the procedure is the same: entrance permission, status adjustment, medical fitness exam, followed by Emirates ID registration and visa stamping, if applicable. Once again, a business formation professional can assist you with this process.

6. Opening your corporate bank account

You will, of course, require a bank account in order to engage in financial trading. Opening a business bank account in the United Arab Emirates is not always straightforward, and there are various factors to consider – not the least of which is each bank’s qualifying criterion.

What to do next?

First and foremost, you’ll want to make certain that you have all of the necessary documents in place. In addition to your company license, you will most likely require the following items:

  • A form for creating a corporate account
  • A decision of the board of directors authorizing the establishment of the account, as well as the names of the signatories to the account
  • • A photocopy of the certificate of formation for your firm. a photocopy of your stock certificates the company’s memorandum and articles of association, as well as a copy of them copies of all partners’ passports
  • Copies of all partners’ identification documents

Following that, you’ll need to select a lending institution. A business formation specialist can assist you with this, as well as advise you on the best bank to choose based on your unique requirements.

Dubai free zone company formation made easy

It is therefore necessary for you to select a lending institution. A business formation specialist can assist you with this, as well as advise you on the best bank to choose based on your individual circumstances.

Why start your business through Virtuzone?

Whichever business model you choose and whatever your motivations for establishing a presence in Dubai are, Virtuzone will assist you with every step of the process, from selecting a business activity and company name to registering with the appropriate authorities, opening corporate bank accounts quickly with no hassle, and processing visa applications on your behalf. We’ll take care of all the heavy work and get you up and running in less than 24 hours! In some situations, it may even be feasible to register your company without having to go to the United Arab Emirates.

Let’s get this party started!

Top Requirements for Opening a Business in Dubai Free Zones –

Due to its position as the regional economic hub, Dubai gets a great deal of attention from prospective investors and businesses. If you are considering establishing your own company in Dubai, there are a number of factors to take into consideration before establishing a free zone office in the city. The goal is to figure out which choice would be the greatest fit for you and your company’s requirements.

Foreign investors, in particular, seek to locate their operations in free zones. Although this is the case, there is a great deal of misunderstanding regarding what a Dubai free zone truly is and how one may conduct business in one of these zones.

Benefits of opening a business in Dubai Free Zones

As the regional commercial capital, Dubai receives a great deal of attention from prospective investors and company owners worldwide. A number of factors should be considered before building a free zone office in Dubai if you are considering establishing your own company in the city. To determine which choice would be the greatest fit for you and your company’s requirements, you need conduct a survey. For international investors, free zones, in particular, are a top choice. Although this is the case, there is a great deal of misunderstanding regarding what a Dubai free zone truly is and how one may conduct business in a Dubai free zone despite this.

How to start a Business in Dubai Free Zones

Many individuals want to know how to launch a company in one of the Dubai free zones. Below are a few steps to follow, followed by a more in-depth explanation of the considerations to bear in mind before opening a business in one of Dubai’s free zones.

  • Consider what kind of legal entity your firm would be. Choose a name for your firm
  • Make an application for a business license
  • Choose an office space in one of Dubai’s free zones if you want to start a business there. Obtain pre-approvals, register your company, and obtain your license
  • And

Types of Free Zones in Dubai

There are two types of free zones in Dubai.

  • Two types of free zones exist in Dubai.

The main distinction between the two is the number of shareholders and the legal status of those stockholders. Unlike other free zones in the world, each Dubai free zone has its own set of laws, and business owners must make certain that their company’s position corresponds to the legal criteria of the specific zone they are targeting. It is necessary to satisfy certain legal conditions before you can be granted license to operate a business in the Dubai free zone. In Dubai, there are more than 30 separate free zones, and the number is expanding all the time.

  • Dubai Design District
  • Dubai Healthcare City
  • Dubai International Academic City
  • Dubai Internet City
  • Dubai International Financial Centre
  • Dubai Knowledge Park
  • Dubai Media City
  • Dubai Gold and Diamond Park
  • Dubai Multi Commodities Centre (DMCC)
  • Dubai Silicon Oasis (DSO)
  • International Media Production Zone
  • Jebel Ali Free Zone
  • Dubai Production City
  • Dubai World Central (Dubai South)
  • Dubai Studio City
  • Dubai World Central (Dubai
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The type of business and licensing for opening a business in Dubai free zones

‘When you fail to plan, you plan to fail,’ as the saying goes. Before taking any solid moves toward establishing a business in one of Dubai’s free zones, it is critical to first choose the type of enterprise you wish to operate. Only in this manner will you be able to make the most of this chance. Consider whether you want to work as a freelancer or if you want to build a business and recruit employees. Freelancers are not permitted in all Dubai free zones. However, submitting an application to work as a freelancer is not free.

Dubai free zones allow for the operation of many businesses under a single license.

When establishing a free zone office in Dubai, thorough research and preparation are essential for success.

Selecting an appropriate name for the business

Choosing a name for your company is a difficult decision that may sometimes make or ruin your company. It is necessary to analyze the emotional appeal of the piece. The name should be appealing to the market group that you wish to reach. However, there are specific name standards that must be followed.

The first step is to determine whether or not the desired name is available for registration. You may do it online through the Emirate government’s website, or you can hire specialists to assist you. Names that have religious or political connotations are not permitted.

Selecting the right free-zone

The choice of your Dubai free zone is critical to the success of your company in the future. The first step is to figure out what kind of business you want to start and operate. Your second step will be to establish which Dubai free zone is the most appropriate for your particular type of business. Some free zones in Dubai only permit the operation of specific industries. You must select the Dubai free zone in accordance with the goods or service that you want to offer on the market in question.

  • Even when looking at activities from a potential standpoint, due diligence is required.
  • Sales would be more difficult to achieve, and supply chain costs would rise as a result.
  • In order to decide whether or not to create a business in Dubai free zones, one must take into account all of the reasons listed above.
  • Examples include Silicon Oasis, which is a free zone in and of itself, and the Dubai Airport Free Zone, which is about a 20-minute drive from the former.
  • Similar to this, there are additional Dubai free zones that provide office space, such as the Jebel Ali Free Zone, which has a decent range of commercial spaces and warehouse leases to choose from.

Documents required to establish and register your company

In addition to obtaining office space in a Dubai free zone, you would be need to legally register your company by submitting an application to the relevant authorities. Dubai free zones have certain requirements for each license they provide. The following documents, however, are often required for pre-approval as a matter of course:

Documents required for pre-approvals for opening a free zone business in Dubai

  • Passport and visa copies in color of the shareholder(s)’ passport and visa (if applicable)
  • Application form
  • Business plan
  • And other materials The following documents are required: A copy of your current trade license or registration certificate (if you are an established firm
  • This is only relevant to local companies)
  • Formal signatures of the firm’s shareholder/s and the newly appointed Manager/Director for the new company are required. 2 years of audited financial reports or a certificate of reference from a personal bank of the individual shareholder
  • A letter of authorization from the present sponsor (if the individual shareholder is an individual)
  • Deed of conveyance for the unit
  • Documents required: Letter of Intent
  • Registry Identification Code (RIC) for Manager/Director (original and notarized)

Freelancers have a distinct set of needs than full-time employees. They simply need to submit the application form, a copy of their RIC, a copy of their CV, and a bank reference letter.

General Documents required for registering a free zone business in Dubai

The following papers must be presented to the Dubai Free Zone once your pre-approval has been granted in order to register your firm in the free zone.

  • The completed and notarized registration application
  • The Board Resolution appointing the Manager/Director (notarized and attested)
  • (Notarized and certified) Power of Attorney granted to Manager/Director Note that the Memorandum and Articles of Association (notarized and attested) are required. Representative signature of the Manager/Director (notarized and certified)
  • Photograph of the Manager/Director at passport size on a white backdrop
  • Information about the company’s stock capital

How to open your corporate bank account

A corporate bank account is required in order to start a business in one of the Dubai free zones. To create a business account, you would need the following documents:

  • Form for creating a corporate bank account
  • A decision of the board of directors authorizing the establishment of the account, as well as the names of the signatories to the account
  • Certificates of ownership (copy)
  • A copy of the company’s certificate of formation
  • Memorandum and articles of association of the corporation (in duplicate)
  • Passports for all firm partners (as well as copies of their passports)

Each bank has its own set of qualifying requirements.

Some banks also have a minimum cash balance requirement, which may range from AED 5k to AED 200k depending on the institution. Opening a corporate bank account is a straightforward procedure that takes only a few minutes.

Share capital or money required to open a business in Dubai free zones?

What kind of capital do I need to start a business in the Dubai free zone? This is another another question that is commonly posed. Each Dubai free zone has its own set of rules governing the ownership of shares in the company. For example, there is no minimum need for share capital in the Jebel Ali Free Zone. A company’s share capital, on the other hand, must be adequate to secure finance for its authorised operations. The DAFZA requires a minimum share capital of AED 1,000 to be operational.

As a result, the amount of money required to start a business in Dubai free zones varies depending on the zone and sector chosen.

Opening a branch of an existing business

Numerous company owners are interested in expanding their operations and opening new offices in Dubai’s free zones. According to the norms of commerce established by the government, this is permissible. On the whole, it may be claimed that Dubai’s free zone experiment has been a huge success. They were established with the goal of attracting foreign direct investment, and they have been successful in this endeavor. Foreign investors and company owners have reaped the benefits of this approach in large numbers.

It is necessary, however, to be astute in your approach and to go through a rigorous due diligence process before making any key judgments.

See our in-depth guide for additional information on Dubai’s free trade zones and other business opportunities.

Business Setup in Dubai, UAE: DMCC Free Zone Company Formation & Trade Licence

It is simple to establish a business in our Free Trade Zone. Whether you wish to start a new business or merely establish a totally owned subsidiary in DMCC, we will make the procedure as simple, straightforward, and transparent as feasible. Our helpful staff of specialists will walk you through every step, ensuring that you are up and running as quickly as possible.

EXPRESS YOUR INTEREST

  • Make a decision on the sort of license you want and the nature of your business operations. Learn about the paperwork you’ll need and the fees you’ll have to pay for them. Check out the DMCC cost calculator for more information. Following receipt of your enquiry, a DMCC representative will create and provide you access to your personal portal account, allowing you to begin the online application process. More Information Can Be Obtained Each corporation is awarded a license based on the nature of their business operations. While the license will be particular to the activity chosen, a corporation can apply for numerous licenses or for a general trade license in addition to the one chosen. We provide three different types of licenses: Trading – Service – Industrial – Manufacturing Besides that, we provide other types of structures, such as a Single Family Office, which is designed to facilitate the centralization of a family’s wealth and personal affairs management, succession planning, and the holding of shares in family-owned businesses, assets, trusts, foundations, and foundations. Fees: Charge for the initial application: AED 1,035 (one-time fee). Registration is a one-time fee of AED 9,020. Governing Documents of the Organization (AoA) AED 2,020 is a one-time payment. Annual price of AED 20,285 for a license** The price is determined by the level of activity. Annual price of AED 1,825 for the establishment card Residence visas are available in the following lengths: 1 year residence visas start at AED 2,237*, 2 year residence visas start at AED 2,462*, and 3 year residence visas start at AED 3,360*. The DMCC Free Zone offers licenses with terms ranging from one to three years in length. Two-year licenses are discounted by 5 percent off the total license charge, while three-year licenses are discounted by 10 percent off the total license fee (both discounts are per person, not per vehicle). Capital needs for the company: It is necessary to have at least AED 50,000 in share capital for any firm registered in a DMCC Free Zone. The share capital must be put into the company’s bank account in the United Arab Emirates within six months of the date on which the license was issued. It can be revoked at any point in the future
  • 2

SUBMIT YOUR ONLINE APPLICATION

  • Complete the application form, pay the AED 1,035 application fee, and submit your application to the relevant authority. 3. The company name reservation, management, and compliance clearance will be completed by DMCC.

PAY, SIGNSUBMIT YOUR DOCUMENTS

  • After that, you’ll need to pay the registration and license costs and sign the necessary legal paperwork. The DMCC will provide a preliminary approval as well as a bank letter (to open a company bank account). With our totally digital company creation procedure, you may establish your company from any location in the globe. You may easily establish your business in Dubai without needing to attend the Dubai Multi Commodity Center (DMCC). Additionally, you have the option of signing with one of our overseas service providers.

CHOOSE YOUR SUITABLE OFFICE SOLUTION

  • Finally, you must sign and submit all of the necessary paperwork for your new office space. DMCC will grant you an E-License, and you will be able to conduct business in DMCC shortly thereafter.

The average time required to establish a firm is around 10 working days.

ONLINE PRE-APPROVAL APPLICATION FORM

Bring your UAE residency visa, as well as a copy of your Emirates’ ID, if applicable, with you.

PROOF OF RESIDENTIAL ADDRESS IN COUNTRY OF RESIDENCE

For instance, an energy bill or a bank statement are good examples.

COPIES OF PARENT COMPANY DOCUMENTS

If you’re forming a subsidiary, you’ll need to fill out some paperwork.

THIRD-PARTY APPROVALS FOR CERTAIN REGULATED BUSINESS ACTIVITIES

After your firm has been established, you will need to obtain a license. No matter what sort of commercial property or office building you want, we have a wide range of options available for rent, hire, or lease to accommodate any size or style of company.

With 87 towers strategically placed across the lakefront and park neighborhood, possibilities for occupation range from single units to multi-story buildings. You may choose between fitted space and shell and core options, and serviced offices are available for smaller companies as well.

Success stories

What it takes for businesses to succeed in the Free Zone From the very beginning, DMCC has been a tremendously supporting aspect in the development of the organization. The DMCC provides a varied platform for commerce, cooperation, and communication, as well as business infrastructure and a can-do mentality to its customers and partners.

Sudhakar Tomar – MD, Hakan Agro DMCC

Dubai Free Zone was established at 07:11 a.m.

Dubai Free zone company setup

It is no secret that Dubai is now one of the most attractive marketplaces available, whether for start-ups or existing firms. It is also one of the most expensive. Dubai provides equal access to all investors and has enacted legislation that makes it easier for any investor to establish a business in the city-state. The whole procedure of establishing aDubai Freezone company setupcost has been made quite simple and seamless as a result of many regulations that the government has implemented throughout time.

However, when it comes to establishing a business in mainland Dubai, the investor is required to partner with a local partner in order to be able to begin operations.

Free zones company formation in Dubai

Due to the need of selecting a local partner with 51 percent of the firm’s shares, free zones company creation in Dubai has become extremely popular among investors. Furthermore, there are no rules that must be followed when creating a business in a free zone in Dubai. 100% foreign ownership has been permitted in the Dubai Free Zones, resulting in their becoming extremely popular with both investors and businesses.

Free zone Company in Dubai

A free zone company in Dubai is an unique economic zone where an investor may benefit from preferential tax treatment and where trade circumstances are favorable enough for any investment to produce. Goods can be imported and exported without the need to pay customs charges. Free zones in Dubai have been developed at strategic points of passage, such as seaports and airports, to assist investors in expanding their trade potential in the country. Free zones in Dubai have been established in a number of places, with each free zone being dedicated to a certain type of commercial activity and remaining open at all times.

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Starting a business in Dubai Freezone has many advantages for the investors with some of them listed as below-:

  • Because there is no requirement for a local partner, complete foreign ownership is possible. It is possible to repatriate the entire amount of profits produced. The existence of tax-free business zones in which an investor is not required to pay any taxes
  • There are no restrictions on foreign currency transactions, and there are no limits on the amount of money that may be sent. There are no taxes or tariffs levied on any of the products
  • All Freezones have the potential to be extremely cost-effective in terms of energy consumption. When applying for a business license, the process is straightforward. Office space is readily accessible for purchase as well as for rental, and there is no shortage of options. Because visas for talented employees have been made relatively inexpensive, it is simple to get them. Because there are no time limits in effect, one may run the offices at any time of day or night.

A procedure that one needs to follow while step to Setup a business in Free zone Dubai

  • Sort of company: –when opting to start a business in Free zone Dubai, one must first determine the type of business that will be launched, as well as the specific free zone in which the investor plans to launch the firm, since each free zone has its own set of standards that must be met
  • As soon as the investors have decided on the type of business that will be established in the Dubai free zone, it is time to choose a name for the venture. It is important to remember that when naming a venture, one should adhere to the naming conventions that have been established by the government. After a company name has been selected and registered with the appropriate authorities, the investor must submit an application for a business license with the appropriate authorities. In distinct Free zones, different types of permits are available for a variety of activities. The search for an office space in Dubai Free Zone begins as soon as a company license is secured for the purpose of establishing a new venture in the Free Zone. One can either purchase the space or rent it out on a short-term basis. Permissions and License: –Before a license may be awarded, the investors must get the necessary approvals from a variety of various agencies. Once all of the necessary approvals have been obtained, the investor may begin operations. The entire procedure is straightforward and may be completed in as little as 2-4 weeks.

Documents Required for free zone company formation in Dubai

Documents that will be required to be supplied prior to the establishment of a Dubai Free Zone company A variety of documents will be required by the investor, all of which must be approved by the Gulf Cooperation Council or the Arab embassy in the country:

  • The following documents are required: the application license form
  • A business card
  • A business plan outline
  • The MOA and AOA (Memorandum of Association)
  • Passport copies
  • Banking references
  • And, if applicable, a license for the partners’ current business.

An investor who want to establish a business in the Dubai free zone must follow the steps outlined above in order to be successful. The outlaid procedure is straightforward, and the government has made it as simple as possible in order to make the process more appealing to investors.

The entire procedure has been simplified, and it will not take more than 4 weeks to complete, clearing the way for the investor to begin the process of forming a free zone firm in the United Arab Emirates.

Here are the key steps to set up a business in a free zone.

  • Determine the type of legal entity that will be used
  • Select a trading name for your business
  • Make an application for a business license
  • Choose a location for your office
  • Obtain pre-approvals, register your company, and obtain a business license.

Company Setup, License Cost, Visa Cost in Free Zone Areas

THE MOST RECENT UPDATED DATE: 07/02/2022 Dubai freezone company creation continues to be one of the most in-demand kinds of business establishment in the United Arab Emirates. The establishment of a firm in the Dubai freezone has a variety of advantages, including the following:

  • It is less difficult to create a bank account for a Dubai-based corporation. The firm is becoming more well-known both locally and internationally. For some “high risk” nations, there are greater odds of obtaining residence permits. Rental of office space in well-known commercial districts is a possibility.

DUBAI MULTI COMMODITIES CENTER

Established 2002
Licenses types Service, Trading, Investment
Facilities Flexi-desks, Offices
Visas 3 visas with flexi desk, multiple visas with office
Setup time 3 days registration, 2 weeks pre-approval

DMCC is an abbreviation for Dubai Multi Commodity Center. It is without a doubt one of the most well-known and well regarded Free Zones in the United Arab Emirates. It is the world’s largest Free Zone, and it has been recognized as a “Global Free Zone of the Year” by the Financial Times on five occasions. The Dubai Gold and Commodities Exchange, the Dubai Diamond Exchange, and the Dubai Pearl Exchange are all located here. DMCC also operates tea and coffee shops and encourages the exchange of agricultural goods and metals.

With two metro stations and easy access to Dubai’s major motorways, it is a great place to live.

+ PROS

  • Dubai Multi Commodities Center (DMCC) is an abbreviation for this. In the United Arab Emirates, it is without a doubt one of the most well-known and well regarded free zones in the country. There are no free zones larger than this one in the world, and it has been recognized five times by the Financial Times as a “Global Free Zone of the Year.” In addition to the Dubai Gold and Commodities Exchange, the Dubai Diamond Exchange, and the Dubai Pearl Exchange are all located in the city. As well as tea and coffee shops, DMCC encourages the selling of agricultural products and metals. In the vicinity of Jumeirah Lakes Towers, which has both business and residential buildings and appears to be a city inside a city, the DMCC may be found. With two metro stations and easy access to Dubai’s major motorways, it is a great place to call home.

– CONS

  • Company formation takes longer in this Free Zone than in other Free Zones
  • An annual audit is necessary
  • This is one of the most costly Free Zones.

Dubai South (DWC, Dubai World Central)

Established 2006
Licenses types Trading, Consultancy, Industrial
Facilities Flexi-desks, Offices, Warehouses
Visas 2-3 visas with flexi desk, multiple visas with office
Setup time 1 day registration, 1 week pre-approval

Company formation takes longer in this Free Zone than in other Free Zones; an annual audit is necessary. This is one of the most costly Free Zones.

+ PROS

  • The most cost-effective Free Zone in Dubai
  • A part of the Expo 2020 site
  • Low cost of resident visas
  • And a low cost of construction.

– CONS

  • Health insurance is required for resident visas
  • Annual audits are necessary beginning in year 3
  • A bachelor’s degree is required for resident visas for company owners
  • And other requirements.

Dubai Technology Entrepreneur Center (DTEC)

Established 2 2005
Licenses types IT, sofware, online business
Facilities Flexi-desks, Offices
Visas 1-2 visas with flexi desk, multiple visas with office
Setup time 2-3 days registration, 1 week pre-approval

The Dubai Technology Entrepreneur Center, often known as DTEC, is located in Dubai Silicon Oasis and is a one-of-a-kind startup center in the whole United Arab Emirates. It is surprising how contemporary and ergonomic the entire facility is when you visit DTEC: you will find comfy co-working spaces, chill-out hubs, thinking and networking places, cafes and even games rooms all inside the same space. It is unlike any other Free Zone in Dubai in terms of appearance! DTEC is a Free Zone that is only dedicated to IT-related licensing.

+ PROS

  • The most affordable package in Dubai for a visa-eligible firm
  • There are no nationality limitations. Modern infrastructure: ready-to-use flexi-desks, offices, conference spaces, and cafés within the building
  • Flexible work arrangements

– CONS

  • Only professional business activity involving information technology
  • After three years, the firm will need to be upgraded to the Dubai Silicon Oasis Free Zone. It is necessary to conduct an annual audit.

Dubai Airport Free Zone (DAFZA)

Established 1996
Licenses types Trading, Consultancy, Industrial
Facilities Flexi-desks, Offices, Warehouses
Visas 3 visas with flexi desk, multiple visas with office
Time-frame 1 day registration, 1 week pre-approval

DAFZA, also known as the Dubai Airport Free Zone, is a free zone next to Dubai International Airport. The Dubai Airport Free Zone is the greatest option for logistics or transportation firms who need to re-ship their goods through the UAE but do not necessarily need to import their goods into the country. The Free Zone provides a customs clearing facility open 24 hours a day, seven days a week, as well as fitted and equipped offices up to 60 square meters and brand-new warehouses in the DAFZA industrial park.

+ PROS

  • Trading infrastructure that has been well-developed
  • Customs services are available around the clock, and shipment clearance is expedited. The establishment of a dedicated logistics facility

– CONS

  • Infrastructure for trade that has been well-developed. Fast freight clearance and 24/7 customs services are provided. The establishment of a separate logistical facility

Dubai Silicon Oasis

Established 2004
Licenses types Trading, Consultancy, Light industrial
Facilities Flexi-desks, Offices, Warehouses
Visas 1-2 visas with flexi desk, multiple visas with office
Setup time 3 days registration, 1 week pre-approval

Dubai Silicone Oasis is a Free Zone that is entirely controlled by the government of Dubai. Its goal is to establish itself as a “technology oasis” by providing assistance to technology-based firms. In today’s world, DSO is a technological park that is home to more than 2 000 businesses. There are around 60 000 renters in the neighborhood, which is also a residential sector.

“Plug and Play” offices, light industrial units, and meeting rooms are among the amenities provided by DSO. Offices are well equipped, connected to the Internet and VoIP, and protected 24 hours a day. The high-quality facilities offered by DSO are suitable for both small and large firms.

+ PROS

  • Offices and residential areas are located in a developed zone. Office space at a reasonable price

– CONS

  • There are no options for flexi-desks or virtual offices
  • Distanced from the heart of Dubai

Jebel Ali Free Zone (JAFZA)

Established 1985
Licenses types Trading, Consultancy, Industrial
Facilities Offices, Warehouses
Visas Multiple visas with office
Time-frame 3 days registration, 2 weeks pre-approval

The Jebel Ali Free Zone, often known as Jafza, is the oldest and largest free zone in the United Arab Emirates. JAFZA is a free zone in the Emirate of Dubai. It has its own seaport, which is the busiest port in the entire country, which serves the entire region. Because of the large number of warehouses and industrial licenses available in JAFZA, a large number of well-known food and consumer products businesses have chosen to establish in the area. In addition to commerce and manufacturing, Jafza also allows for the establishment of service-oriented businesses, however these must be branches of Mainland entities in order to operate legally.

+ PROS

  • A wide range of trade operations are available, with each license allowing for up to 12 product categories. Within the Free Zone, there is the largest UAE sea port, as well as warehouses and parcels of land.

– CONS

  • There are no professional service activities (they are exclusively open to branches of UAE-based enterprises)
  • There are no educational opportunities. It is necessary to be present in person to complete the company registration process. Flexi-desks are frequently unavailable, necessitating the rental of real offices.

Although the cost of establishing a free zone firm in Dubai is more than in neighboring Emirates, there is a good return for your money. There are many of business experts in Dubai that can attest to this. If you establish a firm in the Dubai free zone, you will not be need to look for other options. It is dependable, reputable, and effective.

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A detailed guide on starting a business in a free zone

Considering establishing a company in a free zone but unsure of where to begin? Look no further. This blog will provide you with comprehensive information about free zone business setting in Dubai. The United Arab Emirates is one of the most popular places for entrepreneurs from all over the world. The country has seen significant developments in the sphere of economy, which have benefited both residents and tourists. Dubai, in particular, is a well developed metropolis that offers a variety of advantages.

As a result, the city is considered to be one of the greatest places to do business.

What is a free zone company?

Free zones are also referred to as free trade zones in some circles. These jurisdictions are basically economic zones where goods and services may be exchanged at favorable tax and customs rates, which are often lower than in the rest of the world. Free zones and offshore corporations are often confused with one another, which is a frequent misunderstanding. On the other hand, this is far from the reality. Dubai free zone firms are onshore entities that are permitted to conduct business in Dubai if they satisfy specific requirements.

  1. There are around 67 free zones in the United Arab Emirates, with new ones being established every year.
  2. Furthermore, as time progresses, this figure is expected to increase.
  3. However, the fee will vary based on which free zone you choose and whether or not you need a visa to enter the country.
  4. In order to achieve this, the investor must register his branch with the Department of Economic Development (DED) and the Ministry of Economy under the same trade name as the parent company.

The majority of free zones are devoted to general commerce, service, and manufacturing industries. There are, however, free zones in the United Arab Emirates that cater to specific companies or sectors. Some examples of such jurisdictions are as follows:

  • A specialization in the health and wellness business can be found at Dubai Healthcare City (DHCC), while an emphasis on e-commerce can be found at Dubai CommerCity, and printing and publishing can be found at Sharjah Publishing City (SPC). Dubai Internet City (DIC) is focused on the technology business, whereas Dubai Knowledge Park is focused on the human resources and training industry.
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Despite the fact that certain jurisdictions are specialized in a specific industry, free zones also provide permits in other fields. For additional information about some of the top free zones in the United Arab Emirates, please visit this page. It is recommended that you use the International Free Zone Authority (IFZA) to establish your free zone business in Dubai. Over the years, the International Free Zone Authority (IFZA) has developed into one of the most popular free zones in the United Arab Emirates.

The International Free Zone Authority (IFZA) is one of the few free zones in the United Arab Emirates that stands out for the unique benefits and possibilities it offers investors.

  • An annual audit report is not required of the investor, nor is it required of the investor. There is no requirement for paid-up share capital. Owners and staff may be granted a visa for up to three years. In the free zone, there is no necessity for an employee guarantee deposit. To be permitted to operate a virtual office
  • There is no necessity for investors to be physically present at the establishment of the firm. There is no requirement for a NOC from the present visa sponsor.

Advantages of free zone business setup in Dubai

  • Obtaining whole control of a business: Free zones allow foreign investors to get complete ownership of their businesses. Profit repatriation in full: Companies operating in free zones are permitted to return 100% of their profits outside of the UAE. This provides individuals with the ability to transfer 100 percent of their capital back to their area of origin without any restrictions or obligations. Corporations are exempt from paying corporation tax in the United Arab Emirates, allowing you to keep all of your profits. Import and export procedures are simplified: Unlike the rest of the country, free zones are exempt from all customs duties. Free zones are conveniently positioned near seaports, airports, and national borders, making them ideal for international trade. This would eventually result in the maximization of trade advantages
  • Global connectivity:Dubai is home to a number of important seaports and airports, which make it simple to do business both locally and globally. The location gives you with convenient access to distributors and manufacturers across the Middle East, North Africa, and South Asia. Expat business owners that are thriving: Dubai, being one of the world’s most popular transit destinations, attracts a large number of visitors as well as business travelers. The city is home to a large multi-national community, which gives opportunity for you to network with other members of the international business community. Range of business activities:Free zones provide you the flexibility to engage in a variety of commercial activities. Time-saving and straightforward registration procedure: The entire process of acquiring a license is rather quick and straightforward. Investment opportunities in free zones are plentiful, and administrative services are simple to get by.

Steps on how to start a business in Dubai

Obtaining complete control of a business: Free zones allow foreign investors to get complete ownership of their companies. Profit repatriation in full: Companies operating in free zones are permitted to repatriate 100% of their earnings to locations outside of the United Arab Emirates. This provides them with the ability to transfer 100 percent of their capital back to their area of origin without any restrictions or conditions. Corporations are not required to pay corporation tax out of their business revenue under UAE legislation, enabling you to keep all of your earnings.

Consequently, trade advantages would be maximized eventually.

The location gives you with quick access to distributors and manufacturers throughout the Middle East, North Africa, and South Asia; and Businesses that are thriving in foreign lands A famous transit point for tourists and investors alike, Dubai draws in millions of visitors and investment each year.

Variety of business activities:Free zones provide you the flexibility to engage in a variety of business activities.

In your capacity as an investor, you will have simple access to free zone business creation and convenient administrative services.

  1. Complete ownership of a business: Foreign investors can get 100 percent control of their companies in free zones. Profit repatriation in full: Companies operating in free zones are permitted to return all of their profits outside of the United Arab Emirates. There are no restrictions on their ability to transfer 100 percent of their capital back to their area of origin. 0 percent corporation tax: Under UAE legislation, firms are not required to pay corporate tax from their business earnings, allowing you to keep all of your revenues. Import and export procedures are simplified: Unlike the rest of the world, free zones are immune from all customs duties. Free zones are strategically positioned near seaports, airports, and national borders, among other things. This would eventually result in the maximization of trade advantages. Global connectivity:big Dubai’s seaports and airports make it simple to do business both locally and globally. Distributors and manufacturers throughout the MENA area as well as South Asia are easily accessible from this location. Thriving expat business owners: Dubai, being one of the world’s most popular transit destinations, attracts a large number of visitors as well as investors. The city is home to a large multi-national community, which gives opportunity for you to network with members of the international business community. Free zones allow you to engage in a wide variety of commercial activities. The entire process of acquiring a license is quite quick and uncomplicated, saving you time and money. As an investor, you will have simple access to free zone business creation as well as convenient administrative services.

Application for admission and submission of all necessary documentation Once the preceding procedures have been completed, you must get the following items:

  1. Immigration card, entry permission, stamping, and medical examination are all required. Emirates Identification Number

The following are the many paperwork that you must submit in order to start a business in Dubai free zone:

  • Copy of passport
  • Copy of visa
  • Copy of Emirates ID (if applicable)
  • Photo of passport
  • Business plan (only applicable for specific free zonescertain activities)
  • Copy of Emirates ID (if applicable).

Depending on the free zone that you choose, you may be required to complete extra procedures and submit more papers to complete your application. Select an office location. Most free zones will demand you to have a real office location in order to operate your business. Based on the type of your business and the amount of visas you require, you can select the option that is most appropriate for you. Establish a bank account. Finally, you’ll need to register a free zone company bank account in order to keep track of all of your financial operations.

Once all of the aforementioned stages have been completed and you have received preliminary clearances from the appropriate authorities, you will be able to apply for your company license and proceed with your initiatives.

Get started with your free zone company with Shuraa, now

Finding the best free zone in the United Arab Emirates to establish your firm may appear difficult given the large number of free zones in the country. We, at Shuraa, can, on the other hand, streamline the entire procedure for you. We will take care of all of the essential procedures, from obtaining pre-approvals to assisting you in obtaining your business license. Our objective is to make it as simple as possible for you to establish a company in the Dubai free zone. For further information about launching a business in a free zone, please contact one of our corporate consultants.

Additionally, you may send an email to and receive responses to your questions in a short period of time.

Company Registration in Dubai

Doing Business in Dubai is a great idea. Business Formation and Setup in Dubai Has Never Been This Simple. For starters, Dubai is one of the only countries on the planet where launching a business is a time-consuming and difficult undertaking. Because of its poor rating in the World Bank’s survey, we can confidently assume that starting a business in Dubai would be extremely difficult, especially if it is your first time doing business in the country. Those planning to create any form of business in Dubai must adhere to the provisions of the Company Law, which details the procedures that must be followed in order to get a company up and operating successfully.

The following are some legal facts and words you should be familiar with if you plan on constructing one in the city:

Company Registration in Dubai offers multiple benefits. These benefits include:

– There is no capital gains tax in the United Arab Emirates. – Because English is widely spoken in the United Arab Emirates, many overseas investors will find it easy to take advantage of investment possibilities. – In order to avoid paying income tax in the UAE, owners who have formed a company in the country must be involved in the overseas banking or oil and gas industries. Corporations are not subject to taxation in the United Arab Emirates unless they engage in certain activities. – It is AED 0 to meet the paid-in minimum capital requirement for proprietors wishing to incorporate in the United Arab Emirates.

– In the United Arab Emirates, there is no value-added tax or sales tax.

What kind of companies can you register in Dubai?

There are two types of businesses that may be established in Dubai Free Zones: manufacturing and distribution. The first type of free zone company is a firm that is held entirely by the individual who established it. You are not required to have a sponsor or an agent to act as a liaison in order to handle the business endeavor. There are no limitations that limit your options. The Advantages of Dubai Free Zones Ownership is at 100 percent. Only one individual has the ability to create a group.

Maintaining complete and total secrecy Charges for TaxLess Renewals are zero percent.

You have the ability to do worldwide commerce.

Offshore Company – This sort of Dubai company registration refers to a firm that operates outside of the country’s borders and is registered in another country.

The Advantages of a Dubai Offshore Company The offshore option has primarily been designed to accommodate businesses who want a regional “tax relief-invoicing-facility” – there is no requirement for a minimum amount of capital, and there is also no requirement to establish a real office space.

Each corporation is required to convene yearly general meetings (which may be conducted by proxy), as well as to perform and act in the same manner as a conventional corporation.

Local firms are permitted to conduct business with (a) legal consultants, accountants, management companies, and other similar entities that conduct business in the UAE.

(3) If an offshore firm desires to conduct trade or other business in the zone or elsewhere in the UAE, it must first obtain from the relevant authorities the required license to conduct the trade or other business activity.

Capital: There is no minimum need, although a starting capital of AED 10,000 (US$2,700) is advised to get things started.

Dubai company registration

Dubai’s reputation as one of the world’s most successful capital cities for doing business continues to excite people, making it one of the most sought-after locations for international expats, who now number more than two million in total. As a result of its strategic position, world-class infrastructure, diverse and readily accessible market, as well as its cheap logistical and operational costs, it is the preferred destination for both local and international organizations. Our business consultants have been assisting clients in establishing new enterprises in Dubai for many years and are well-versed in the process.

Relying on specialists who will provide you with excellent guidance you can rely on will pay dividends in the long run.

How UAE Free Zones can help you register your business in Dubai:

Services such as advice and consultation on what company structure is most appropriate for your present and future ambitions Drafting papers, assembling files, and managing submissions, translations, notarizations, and legalizations are all responsibilities. Emirates ID may be used to process visas and work permits. Partnership opportunities for professionals, branch offices, and a Dubai offshore company are all available to you. Obtain authorization from the Free Zone Department, other ministries, the Department of Planning, and the Department of Civil Defense.

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