Opening a company in the free zone, Dubai, with its advanced business environment and attractive investment incentives, constitutes an ideal destination for establishing and establishing companies in the free zone. These free zones provide many advantages that make them the focus of attention of investors and entrepreneurs from all over the world, especially in light of competitive low government taxes and fees, ease of establishment procedures, freedom to engage in commercial activities, and other incentives that contribute to attracting foreign direct investments.

In this context, “Itqan” company comes to provide its integrated services to those who wish to open a company in the free zones in Dubai. “Itqan” is distinguished by its extensive experience in the field of legal and commercial consultations, as it helps its clients choose the appropriate strategic location for their companies, deal with the competent government agencies, establish a company in the free zone, and complete all administrative procedures necessary to start work in these free zones.

Through a qualified and specialized team, “Itqan” provides in-depth legal advice on the optimal choice of the company’s legal form, commensurate with the nature of the business activity and the client’s strategic goals. It also assists in preparing all documents required to obtain licenses to practice the activity, as well as assisting in paying the prescribed fees and taxes, and ensuring that all requirements are completed properly and on time.

As a leading company in the field of commercial and legal consultancy in Dubai, “Itqan” guarantees its clients a smooth and efficient experience in establishing and establishing companies within the free zones, enabling them to proceed with confidence in conducting their business in this supportive and stimulating environment. Therefore, cooperating with Itqan is a highly recommended option for investors and entrepreneurs aspiring to succeed in the thriving Dubai market.

Opening a company in the free zone

Key benefits of opening a company in a free zone

Free zones in the UAE represent a major driver of economic growth and foreign direct investment. The Abu Dhabi Free Zone is one of the most prominent of these areas, which offers many advantages and benefits to companies wishing to expand their business or establish new companies. In this context, we will explore the main benefits of opening a company in the Abu Dhabi Free Zone. Key benefits:

• Tax exemptions: Companies operating in free zones enjoy comprehensive tax exemptions, including exemption from income tax and customs duties on imports and exports. These tax incentives enhance the attractiveness of the free zone and encourage investments.
• Full Ownership: In a free zone, foreign companies can have full ownership of their business without the need for a local partner. This provides greater flexibility in managing and developing the business.
• Logistics facilities: The free zones in the Emirates are distinguished by the presence of advanced infrastructure and high-quality logistical services, including facilities, office space, and warehouses. This facilitates companies’ operations and enhances their operational efficiency.
• Access to markets: The strategic location of the free zones in the UAE provides companies with quick access to regional and global markets, giving them a significant competitive advantage.
• Government support and facilities: Governments in the UAE provide many incentives and facilities to companies operating in free zones, including assistance with administrative procedures and accelerating licensing processes.

Steps necessary to establish a company in the free zone

Free zones in the UAE offer attractive investment opportunities for both local and foreign companies. Establishing a company in one of these regions gives companies many advantages, from tax breaks to easy access to global markets. If you want to establish a company in the free zone, there are some basic steps that must be followed. Necessary steps to establish a company in the free zone :

• Choosing a free zone: Research and evaluate the various free zones in the Emirates, and determine which one suits your activities and strategic goals. Factors such as geographical location, infrastructure and services provided will be important in the selection process.
• Choose the type of company: Decide on the legal form of the company you wish to establish, such as a limited liability company (LLC) or a joint stock company. Each format has its own unique requirements and characteristics.
• Preparing incorporation documents: Collecting the required documents such as the company’s articles of association and articles of incorporation. There will be close coordination and cooperation with the free zone authorities during this phase.
• Obtaining licenses and permits: After approving the company documents, you will need to obtain the necessary licenses to operate in the free zone, such as a trade license and any other licenses required by the nature of your activity.
• Opening a bank account: You will have to open a company bank account in one of the approved banks in the free zone. This account will be necessary to make financial transactions and payments.
• Company Registration: The final step is to complete the process of officially registering the company with the free zone authorities. After completing these steps, your company will be ready to start operating its activities.

Types of companies that can be opened in the free zone

Types of companies that can be opened in the free zone

Free zones in the UAE offer an attractive investment environment and business climate for both local and foreign companies. These areas provide incentives and facilities that encourage the establishment of various types of companies and businesses. In this context, we will review the main types of companies that can be established in the UAE free zones. Types of companies in free zones:

Limited Liability Companies (LLC):

• It is the most common legal form for companies in free zones.
• It has limited liability for partners and is easier to set up than some other forms.
• It is widely used in various sectors such as trade, services and production.

Branches and representative offices:

• Free zones allow the establishment of branches or representative offices of foreign companies.
• This option is suitable for companies wishing to expand and reach the UAE and regional markets.
• These entities enjoy certain exemptions and benefits provided to companies in free zones.

Joint stock companies:

• Public or private joint-stock companies are a suitable option for large companies that want to expand.
• This legal form is characterized by a diversified ownership structure and the possibility of listing shares on the stock exchange.
• These companies are subject to more stringent requirements and regulations compared to other forms.

Family businesses:

• Free zones provide the opportunity to establish family companies of a special nature.
• This option is suitable for families who want to manage their business independently within a clear legal framework.
• Free zones provide a supportive environment for the growth and prosperity of this type of family business.

This diversity in corporate legal forms provides great flexibility for investors and companies wishing to operate in the UAE free zones.

Our company’s role in opening a company in the free zone

In conclusion, in light of the rapid economic development witnessed by Dubai , the importance of free zones emerges as one of the most important factors for the success of investors and entrepreneurs aspiring to establish their companies and expand their business in this prosperous environment. These regions provide a set of competitive advantages that make them a preferred destination for many national and foreign companies alike.

In this context, “Itqan” company stands out as a reliable and distinguished partner in helping customers establish their companies easily and effectively within the free zones in Dubai. The qualified and specialized “Itqan” team provides integrated legal and commercial advisory services, starting from choosing the appropriate strategic location, through completing all necessary administrative procedures, all the way to ensuring that all requirements are completed quickly and efficiently.

Cooperation with “Itqan” Company provides investors and entrepreneurs with comprehensive and innovative solutions, enabling them to focus on developing their business and growing in the local and regional market. Clients benefiting from Itqan’s extensive experience in the field of commercial and legal consulting guarantees them a smooth and successful experience in establishing their companies, which enhances their chances of success and achieving their strategic goals.

Based on the above, it can be said that opening a company in the free zones of Dubai in cooperation with “Itqan” Company constitutes a promising and feasible investment option for investors and pioneers aspiring to succeed in the thriving business environment in the emirate. This partnership guarantees them the necessary support to overcome challenges and achieve their goals with high efficiency.

Frequently asked questions about opening a company in the free zone