Business setup in Dubai Freezone

Starting a business in a Dubai Free Zone can be a great opportunity for entrepreneurs and companies looking to establish a presence in the United Arab Emirates (UAE). Free Zones in Dubai offer various benefits, such as 100% foreign ownership, tax exemptions, no import or export duties, and easy business setup process., Dubai Free Zones act as the embodiment of entrepreneurial freedom, offering an unmatched atmosphere for business growth, innovation, and profitability. If you are a start-up company, a seasoned business person, or an international conglomerate, Business setup in Dubai Freezone will always have something exceptional to offer.

Choosing the Right Free Zone

Dubai has more than 40 Free Zones, each relating to specific industries. Research and choose the one that best suit your business activity. Some Free Zones in Dubai include Jebel Ali Free Zone (JAFZA), Dubai Multi Commodities Centre (DMCC), Dubai Silicon Oasis Authority (DSOA), and many more.

Selecting Business Activity

Pin point the specific business activities you want to undertake within the Free Zone. Each Free Zone may have restrictions or preferences for certain types of business activity.

Choose a Trade Name

Choose a name that is unique for your business. Make sure that the name is not already registered by another company in Dubai and complies with the naming rules of the selected Free Zone.

Legal Structure

Decide on the legal structure of your business, such as a Free Zone Company (FZCO), Free Zone Establishment (FZE) etc. Choosing this will help with your business setup process as each entity requires a different approach.

Applying for License

Apply for the necessary licenses and permits based on the nature of your business activity. Respective Free Zone authorities will provide you with a list of required licenses and their application forms.

Free Zone Company Registration

Produce the required documents in front of your Free Zone authority, which typically include your business plan, lease agreement, and other valuable documents. Pay the registration fees and license fees to complete the process and wait for approvals.

Visa Process

If you need employee or investor visas, you should start the visa application process. The requirements and fees for visas can vary depending on the Free Zone you choose.

Opening a Bank Account

Open a corporate bank account in a local or international bank. This is necessary to carry out business transactions and have seamless financial operations.

These are just an overview, but to do this efficiently and effectively you should seek the help of a business service like Marqueway. Since you are new to all this burdensome documentation and application process you are bound to make some mistakes. These mistakes could have a negative impact on your business setup in Dubai Freezone.

FAQ's

Frequently Asked Questions On business setup in Dubai freezone

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

The setup cost will vary depending upon the Free zone you choose still it typically ranges around AED 12,900 to AED 50,000. This is for the registration and licenses only.

How can I start a business in Dubai free zone?

You can opt to take assistance from a business setup services like Marqueway or you can follow these steps:

Choose your legal entity
Choose a Trade Name
Business License application
Choose an office space
Get approvals

Can Freezone companies do business in Dubai?

Free zone companies are only allowed to conduct within their Free zone or internationally. There are no permissions to trade with Dubai customers or to Dubai Mainland.

Which is the cheapest Freezone in Dubai?

The Sharjah Research Technology and Innovation Park (SRTIP) and Sharjah Media city (SHAMS) are the two of the cheapest Free zones in Dubai. Your business setup in Dubai Free Zone cost for these above-mentioned free zones will be lower than others.

Would you like to start a business setup with us?

We provide a range of business setup services to help you establish yourself in the UAE business landscape. We are the premier choice to guide you as you start your business setup in Dubai.

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