The cost of a commercial license in the Dubai Free Zone for outsourcing

22 Jun The cost of a commercial license in the Dubai Free Zone for outsourcing

The cost of a commercial license in the Dubai Free Zone for outsourcing

The cost of a commercial license in the Dubai Free Zone in Dubai Outsourcing City is one of the most important commercial licenses, as entrepreneurs and investors are desperately seeking to obtain the advantages and positives that the region enjoys in order to grow their investment business and achieve profits.
The government in the city of Dubai has worked to provide the Dubai Outsourcing City Free Zone with all facilities, services and infrastructure in order to encourage investors to invest with confidence and establish various activities supported by the region.
In this article, we will show you the most important information about the cost of a commercial license in the Dubai Free Zone, Dubai City for outsourcing, the advantages that investors get, in addition to the legal requirements and the necessary steps to establish a company in the Dubai Free Zone, Dubai City for outsourcing, easily and flexibly.
The cost of a commercial license in the Dubai Free Zone for outsourcing

• 600 AED for the trade license registration fee.
• AED 10 is approximately the value of the innovation dirham fee.
• About 10 AED Knowledge Dirham fees.
• Approximately 350 AED fees for commercial name advertisements.
• About 50 dirhams for the trade license renewal application form.
• Between one thousand UAE dirhams and three thousand UAE dirhams are foreign trade name fees.
• Approximately three thousand UAE dirhams, commercial activity fees.
• About three thousand dirhams of investment activities fees.
• Approximately three thousand dirhams fees for activities related to building contracting.
• Approximately five thousand dirhams for the business center fee.
• Approximately 100 dirhams special fees for obtaining the initial approval.
• Fees for issuing the company name, estimated at 210 dirhams.
• Issuance of licenses, the fees of which vary according to the nature of the activity, for example, a professional business license fee of about 550 dirhams. The fee for obtaining a commercial and industrial license is about 600 dirhams.
• The fee for receiving and printing licenses is 50 dirhams.

Establishing a company in the Dubai Free Zone for outsourcing
Dubai Free Zone Dubai Outsourcing City was established in 2007 and the city is considered a center for diversified investments in many fields such as: Business administration, accounting, human resources, software, e-marketing services, banking and many other highly effective services.
Establishing a company in the free zone in Dubai, Dubai Outsource City, is considered a privileged location due to the city’s proximity to Dubai Airport, which connects companies in Dubai Outsource City and international markets.
The UAE government supports investors wishing to establish businesses in that free zone by offering various investment packages suitable for different capitals, including the cost of a commercial license in the Dubai Free Zone for outsourcing.
Legal forms of companies in the Dubai Free Zone for outsourcing

1. One Person Company: One of the legal forms of establishing a company in the Dubai Free Zone is Dubai Outsourcing City, and it is owned by only one person, usually a limited liability company.
2. Company of Persons: One of the legal forms for establishing a company in the free zone in Dubai is Dubai Outsourcing City, and it is owned by more than one person, and it is usually a limited liability company.
3. Individual Foundation: One of the legal forms of establishing a company in Dubai Free Zone is Dubai Outsourcing City and it is owned by one natural person or legal person.
4. A branch of a foreign company or establishment: One of the legal forms of establishing a company in Dubai Free Zone is Dubai Outsource City.

Requirements for registering a company in the Dubai Free Zone for outsourcing
Registering a company in the Dubai Outsourcing City Free Zone requires a set of procedures and documents as follows:

• The application for company registration in the Dubai Outsourcing City Free Zone must be filled out.
• Submit a letter of intent to the competent authority to register the company in the Dubai Outsource City Free Zone.
• Personal data of all managers and partners in the company to be registered.
• Provide a brief profile of the applicant if he is a legal person.
• Account statement of the audited budget for the last two years of the company.
• Bank account statement for the last three months for the owners of the company.
• A copy of the passport for all managers and partners of the company.
• The original letter of recommendation from the banks that the partners deal with.
• A no-objection certificate from the sponsor for persons residing in the UAE.
• Some activities require obtaining approval to work in the activity that the company will practice.
• Reserve the trade name after obtaining the initial approval from the competent authorities in the free zone.
• Submitting a lease contract for the company’s headquarters in the Dubai Outsourcing City Free Zone, documented by the competent authorities.
• Paying the cost of a commercial license in the Dubai Free Zone for outsourcing.

Advantages of establishing a company in the Dubai Free Zone for outsourcing
The Dubai Outsource City free zone includes many features, facilities, services and facilities that the UAE government has worked hard to provide in order to attract investors to establish a company in the free zone in Dubai, Dubai Outsource City. The features include the following points:

• The cost of a business license in the Dubai Free Zone for outsourcing is suitable for different sizes of companies.
• The Dubai Outsource City Free Zone is strategically located and close to Dubai Airport.
• Export tax exemption when establishing a company in the Dubai Free Zone, Dubai Outsourcing City.
• Tax exemptions on companies, personal income and salaries for employees working in the Dubai Outsource City Free Zone
• Customs exemptions on import when establishing a company in the free zone in Dubai, Dubai Outsourcing City.
• Flexibility and ease in hiring employees and skilled workers thanks to its presence in the heart of Dubai, in addition to the right to hire employees from any country in the world.
• The strong infrastructure, which includes a network of transportation and advanced train lines with a global system.
• Not placing any restrictions on foreign currency or transferring funds in and out of the company’s accounts.
• No restrictions on employee salaries and the freedom to transfer them outside the country.
• Full foreign ownership of companies in the Dubai Undertaking City Free Zone.
• Ownership of real estate and offices for business owners in the free zone in Dubai, the Dubai Outsourcing Zone.
• The investor has the freedom to dispose of the profits and the right to recover the capital and can sell the company without interference or restrictions.
• Providing health insurance services and various medical services with the help of the most efficient service providers at the highest level.
• The flexibility of the region to obtain residence permits for employees and their families in the Dubai Free Zone for outsourcing.

Procedures for establishing a company in Dubai Outsourcing City
After we got acquainted with the cost of a commercial license in the Dubai Free Zone for outsourcing, it is the turn of knowing the steps for obtaining the commercial license itself, as it requires several procedures and legal documents to obtain the commercial license. In the following points, we present to you the procedures for establishing a company in the free zone in Dubai, Dubai Outsourcing City:

• First determine the nature of the business in which the company will operate, The economic activities in Dubai Outsourcing City vary, such as: Commercial activity, service activity or industrial activity.
• Secondly, determining the legal form of the company. There are many legal forms for companies in Dubai Outsourcing City.
• Third, choose the trade name that expresses the activity that the company will practice in Dubai Outsourcing City, then register it with the competent authority in the Department of Economic Development in Dubai.
• Fourth , obtaining the initial approval from the concerned authorities to complete the rest of the legal procedures.
• Fifthly , choosing the company’s headquarters in which work will be carried out, and submitting a lease contract for the work office documented by the competent authority.
• Sixth , obtaining additional approvals from the concerned authorities Company activities such as: Ministry of Health, The Ministry of Economy, Ministry of Foreign Affairs, Ministry of Justice and Civil Defense.
• Seventh, pay the cost of a commercial license in the Dubai Free Zone for outsourcing, then obtain the commercial license for the activity after attaching all the required documents to the Department of Economic Development.