11 Feb Cost of a business license in Dubai Free Zone
cost of commercial license in Dubai free zone, If you are looking to establish commercial projects in a free zone in Dubai and take advantage of the advantages offered by these areas, You must search well for the free zone that is suitable for the nature of the activity you wish to establish.
It is also necessary to know the type of appropriate commercial license and obtain it after submitting the related documents to the relevant government agencies in the Dubai Free Zone and paying the cost of the license based on the type of activity.
Here is the most important information that must be found in order to establish a company in the Dubai Free Zone, in addition to the cost of a commercial license in the Dubai Free Zone .
Cost of a business license in Dubai Free Zone
Calculating the cost of a commercial license in Dubai Free Zone is not easy, but it is not complicated either. Where it is necessary to refer to several pillars that make up the cost of a commercial license in the Dubai Free Zone, Such as: the free zone, work office space, Work visas and type of activity.
Here is what is involved in calculating the cost of a commercial license in the Dubai Free Zone, in an approximate manner, to help you initially. But if you want to accurately calculate the cost of a commercial license in the Dubai Free Zone, contact us. Here are the following points:
- 600 dirhams to be paid to register the trade license in Dubai.
- 10 dirhams for the knowledge dirham in Dubai.
- 10 dirhams for the innovation dirham in Dubai.
- 350 dirhams for commercial names ads in Dubai.
- 50 dirhams for a service request form in Dubai.
- From 1000 to 3000 dirhams for a foreign trade name.
- 15,000 dirhams for a general trade activity.
- 15,000 dirhams for investment activities.
- 25,000 dirhams for a business center.
- 10,000 dirhams for building contracting activities in Dubai.
- 1070 for a merchant’s license, in addition to 300 dirhams for the Dubai Chamber.
- 1070 dirhams for a starting licence.
- The fees for articles of incorporation or service agent contract are as follows:
- 300 dirhams for the signature of each of the parties to the document to certify the signatures of the document not exceeding 100,000 dirhams.
- 0.5% of the value of the document, up to a maximum of 15,000 dirhams, for authentication of signatures in documents that exceed 100,000 dirhams.
- 500 dirhams for postponing the completion of the transaction after registration, according to the customer’s request.
- 500 dirhams for the signature of one of the parties to the document at another service center.
- 100 dirhams for all parties to sign the document electronically.
What are the free zones in Dubai?
Most of the free zones in Dubai provide work packages suitable for various activities, including trade licenses, Office space and employee visas.
Free zones in Dubai are considered one of the most important distinctive areas that are wonderfully suitable for establishing projects and investments of all kinds. It also allows storage, handling, Manufacture and trade of various types of commodities, while providing many advantages that we will mention in the upcoming titles.
Free zones in Dubai are often strategically located allowing commercial and industrial business to be conducted and linked to global foreign markets. You will find some of them overlooking seaports, and some are located near international airports.
You also find technological free zones, which were established on advanced and modern principles that serve different countries of the world and receive thousands of investors from different nationalities. And you find the free zones that receive international exhibitions, and many specialized free zones for certain types of activities, Such as: Jebel Ali Free Zone, Dubai Outsource City, Dubai Technology City, Dubai South City, and others.
We can help you choose the business package best suited to your needs and calculate the cost of a business license in Dubai Free Zone according to your business budget, Just contact us on our numbers shown in front of you.
How to invest in free zones in Dubai
- First, the nature of the business must be determined. It is an essential step for what the company will do in the future. The economic activities vary greatly in the free zones in Dubai, such as: Commercial activity, service activity or industrial activity.
- Secondly, the legal form of the company must be determined. Free zones in Dubai include many legal forms for companies.
- Third, it is necessary to choose the trade name that is compatible with the activity in which the company will operate in the free zone in Dubai, and then it must be registered with the competent government agency in Dubai.
- Fourth, the initial approval must be obtained from the authorities concerned with the activity in order to complete the rest of the legal procedures.
- Fifthly, it is necessary to choose the appropriate headquarters of the company to work in. A lease contract for the work office must be available and documented by the competent authority.
- Sixth, additional approvals must be obtained from the authorities concerned with the company’s activity. Such as: Ministry of Health, The Ministry of Economy, Ministry of Foreign Affairs, Ministry of Justice and Civil Defense.
- Seventh, the cost of a trade license in one of the Dubai free zones must be paid. Then obtaining the commercial license in Dubai related to the activity after attaching all the required documents to the Department of Economic Development.
13 advantages of investing in free zones in Dubai
Free zones in Dubai include many great features, facilities, services and facilities. The government has endeavored to provide them to encourage and arouse the enthusiasm of investors to come to the free zones in Dubai and establish investment businesses.
Business establishment in Dubai free zones includes advantages in the following points:
- The cost of a trade license in the Dubai Free Zone is reasonable for all sizes of companies.
- Free zones in Dubai are distinguished by their strategic location and proximity to international airports and international ports.
- Customs exemption on goods for companies established in the free zone in Dubai.
- Tax exemptions on companies, personal income and salaries for employees and workers in Dubai free zones.
- Flexibility and ease in the procedures for hiring employees and skilled workers, Thanks to the distinguished location and services, in addition to the possibility of hiring employees from any country in the world.
- Its strong infrastructure, which includes an advanced transportation network and advanced train lines with a global system.
- No restrictions on foreign currency with the possibility of transferring funds inside and outside the company’s accounts.
- There are no restrictions on the salaries of employees working in the free zones and the freedom to transfer them outside the country.
- Allowing 100% foreign ownership of companies in the free zones in Dubai.
- The right to own real estate in free zones and offices necessary for work for investors and businessmen in free zones in Dubai.
- The foreign investor has the freedom to dispose of all the profits by 100% with the right to recover the capital again, and the investor can sell the company without interference or restrictions.
- Health insurance services available for employees and workers, and various medical services that are efficient with the most skilled doctors, nurses, and hospitals.
- The flexibility and ease of government offices and platforms for issuing residency permits for employees in free zones in Dubai and their families.
To see the cost of a commercial license in the Dubai Free Zone, you must rely on several basic points related to your needs and the field that you want to establish, But you do not need to worry, just contact us now through the numbers shown in front of you.
We have a group of legal advisors who will assist you in all steps to take a confident step towards establishing your commercial project in one of the free zones suitable for you.
Contact us today and get a free consultation to implement all your business plans!