28 Jul Advantages of establishing a company in Dubai Free Zone
So if you want to establish a company in one of the free zones in Dubai, You will get many advantages and benefits, Get to know it with us:
- 100% exemption from import and export taxes to and from the UAE
- The employer enjoys 100% of the profits
- Enjoy a set of facilities in the processes and procedures for obtaining a license to establish a company in Dubai
You can visit the Itqan website to view all the appropriate and fast services to facilitate the process of establishing companies in Dubai. In free zones and within Dubai.
If you want to establish a company in Jebel Ali, which is a free zone, or other free zones in Dubai, You will enjoy several advantages. Such as:
- 100% exemption from import and export taxes to and from the UAE
- The employer enjoys 100% of the profits
- Enjoy a set of facilities in the processes and procedures for obtaining a license to establish a company in Dubai
If you want to establish a company in Jebel Ali, which is a free zone, or other free zones in Dubai, You will enjoy several advantages. Such as:
- 100% exemption from import and export taxes to and from the UAE
- The employer enjoys 100% of the profits
- Enjoy a set of facilities in the processes and procedures for obtaining a license to establish a company in Dubai
Steps to establish a company in the free zone
Determine the type of activity
Determining the activity is the first step to obtaining a business license. Through the activity, the parties associated with this activity and the permitted legal forms are identified.
The legal entity for free zone establishments in the country takes one of the following two types:
- A free zone company with limited liability
- Free Zone Corporation
The difference between the two types lies in the number of shareholders. In the nature of the shareholder, whether it is a natural or legal person. Not all free zones are required to register these two types of establishments.
Therefore, we advise the investor to refer to the authority concerned with managing each free zone separately to inquire about the legal structure available for the type of activity to be practiced.
The Dubai Multi Commodities Center allows the establishment of a limited liability company. It takes the form of a wholly owned subsidiary of a local or foreign company.
Branches of establishments in free zones
Existing local and foreign companies may establish branches in other free zones.
capital requirements
Likewise, the capital requirements in the free zones in the country differ according to the region. and activity.
for example, There is no minimum capital at twofour54 Abu Dhabi.
And in Kizad, The minimum paid-up capital to establish a limited liability company is AED 150,000.
However, you can establish a Free Zone Corporation (FZE) in the Dubai Airport Free Zone with a minimum of one thousand UAE dirhams of the required capital.
Choose a business name
When determining the type of legal entity for your business, You should also consider choosing an appropriate trade name for the activity.
In most cases, You have to refer to the concerned free zone authority, Or the concerned Department of Economic Development to see the authorized trade names and whether the name intended by you has been previously registered by a company.
Applying for a commercial license
Depends on the type of license you are seeking to obtain, on the core activity of your business.
Choice of offices and work facilities
in free zones, You can buy or rent office space, Office requirements depend on the number of employees. The type of business of the company. Itqan provides flexible office space for rent to suit all your business needs.
In conclusion, if you want to establish a company in one of the free zones in Dubai, contact us now. We are ready to serve you at any time.