14 Feb Incorporation of a company in the Dubai Free Zone
Establishing a company in the Dubai Free Zone is a desirable destination for investors because it is one of the areas that do not apply taxes or restrictions on import and export.
Establishing a company in the Dubai Free Zone is one of the attractive options for investors from all over the world. However, choosing the appropriate free zone for work is a necessary step that must be carefully studied.
The Emirate of Dubai contains dozens of free zones. Which led to the growth of the investment process and the reception of thousands of diversified economic activities and the establishment of companies from different nationalities of investors around the world to take advantage of the advantages in those areas.
In this article, we review the vital free zones in Dubai, which are an excellent investment opportunity to establish a company in the Dubai Free Zone for various sizes of companies and capitals.
Incorporation of a company in the Dubai Free Zone
Establishing a company in Dubai Free Zone requires three steps: obtaining a trade license, Obtaining a residence visa in Dubai and opening a bank account for the company.
The procedures for establishing a company in the Dubai Free Zone take about a week. The validity of the commercial license shall be one full year from the date of issuance of the license, and it shall be renewed annually and the renewal fees shall be paid. One of the requirements for setting up a company in Dubai Free Zone is to deposit the required minimum share capital into the bank account.
Dubai has two types of free zones:
- A free zone company with limited liability.
- Free Zone Corporation.
Both are suitable for setting up a company in Dubai Free Zone, There is no difference between the two types except for the number of shareholders and the legal status of each.
The laws and regulations governing the establishment of a company in the Dubai Free Zone differ from one region to another, which requires careful care and choosing any free zone that suits the company.
The most famous free zones for establishing a company in the Dubai Free Zone
The most famous free zones in Dubai:
- The comfortable area in Jebel Ali.
- Dubai Airport Free Zone.
- Dubai Multi Commodities Centre.
- Dubai Design District.
- Dubai Healthcare City.
- Dubai Media City.
- Dubai International Academic City.
- Dubai Internet city.
- Dubai International Financial Centre.
- Knowledge Park in Dubai.
- Gold and Diamond Complex.
- Dubai Silicon Oasis.
- Dubai Production City.
- Dubai South.
- Dubai Studio City.
Establishing a company in the Jebel Ali Free Zone
One of the most important investment opportunities in Dubai, Jebel Ali Free Zone, The free zone is located in Jebel Ali. 30 square meters away from Downtown Dubai. It has the port of Jebel Ali and the largest aluminum factories in the Middle East.
Establishing a company in the Dubai (Jebel Ali) free zone, the largest economic zone in the Middle East, containing the requirements to serve global markets, The Jebel Ali Free Zone provides investors with the following advantages:
- Tax exemption for companies and individuals.
- Customs exemption on imports.
- 100% foreign ownership.
- The ease and speed of completing the procedures for establishing a company in the Dubai Free Zone.
- The right to recover profits and capital.
- Company incorporation costs are relatively low.
- It contains Jebel Ali Port, which is one of the largest seaports in the world.
- The port of Jeil Ali is connected to more than 180 shipping lines and 140 ports around the world.
- It includes approximately 65 ports and marine stations distributed on all continents.
Establishing a company in Meydan
The Meydan Free Zone was established to support entrepreneurs and investors and provide all the necessary services to establish a company in the Dubai Free Zone in a successful investment manner, starting from the excellent strategic location in the heart of Dubai to the huge investment opportunities and the luxurious life that is characterized by luxury. Here are the advantages of establishing a company in Dubai Free Zone:
- Meydan is strategically located in Downtown Dubai, minutes away from Dubai International Airport.
- The Meydan Free Zone is distinguished by luxury, as it is located near the Meydan Hotel. It also overlooks the Meydan International Racecourse.
- Meydan Free Zone is a suitable investment opportunity to establish investment businesses in Meydan, at a cost starting from 12,500 dirhams. and supports thousands of commercial activities to establish a business, As companies with limited liability and provide all services to provide an ideal work environment.
- Establishing a company in the free zone is a field that provides the investor with access to the networking community to stimulate the process of innovation and growth within these investment projects.
Establishing a company in the Dubai Airport area
Dubai Airport Free Zone supports thousands of companies and many different sectors. It also provides an organized work environment that contains all basic facilities and services and advanced infrastructure. The Dubai Airport Free Zone offers the following advantages:
- The excellent strategic location is one of the most important features of the Dubai Airport Free Zone due to its proximity to Dubai International Airport.
- Through the Dubai Airport Free Zone, new markets in the Middle East can be entered.
- Tax exemption on companies in the free zone and employee income.
- Full foreign ownership without the need for a 100% local partner.
- Freedom to recover capital and dispose of profits.
Incorporation of a company in the Dubai South Free Zone
Dubai South is the most famous free zone in Dubai. Previously called “World Center”, Dubai South is considered a suitable investment environment for establishing a company in the Dubai Free Zone and commercial and industrial activities, due to its proximity to Jebel Ali Port and Al Maktoum International Airport.
Establishing a company in the Dubai South Free Zone has many advantages and exemptions. Below are the advantages of establishing a company in the Dubai South Free Zone :
- Full tax exemption, whether on companies or income tax.
- Incorporation procedures do not require the investor to come to Dubai South in person.
- Allowing full foreign ownership.
- Ease of legal procedures and required documents.
- Flexibility in renting offices and warehouses.
- It supports many businesses.
- Tax exemption on import and export.
- There are no currency restrictions.
- Incorporation costs are relatively low compared to other regions.
Incorporation of a company in the Dubai Free Zone
We recommend establishing a company in the Dubai Free Zone according to the company’s activity, visas, budget and work field needs. We also offer our integrated services in establishing companies in Dubai from A to Z.
Because of our years of experience in establishing companies in Dubai , we provide our customers with unique solutions and the best costs for establishing a company in the Dubai Free Zone of various sizes and different nationalities.
We also provide the issuance of all business licenses and the opening of a commercial registry in Dubai in order to help grow your business in the appropriate free zone in Dubai.
- We have years of experience setting up companies in Dubai and free zones.
- We have a team trained in legal procedures and transactions with the competent authorities in Dubai.
- Specialized in extracting and renewing all commercial licenses for various activities.
- We are distinguished by quality and clearing all procedures in the fastest time and at the lowest costs.
- We provide offices, warehouses and warehouses for rent at the best prices in Dubai.
- Providing full support and problem solving 24/7.
- Packages of specialized services with the highest efficiency, according to your work requirements, taking over all legal procedures, issuing commercial licenses, and dealing with government agencies.
For more information, contact our team now, as we are at your service throughout the day.
Contact us today and get a free consultation to implement all your business plans!