Some investors want to know how Dubai Free Zone companies operate because there are many companies operating in different areas and activities in Dubai Free Zone. These companies are one of the most successful companies because the free zone is a geographical area where goods are stored for import, export, sale, etc. People can establish companies in it, but with different benefits, because companies in the free zone can be the sole ownership of the foreign individual and without the presence Sponsor or partner in the United Arab Emirates. This is within the framework of the laws set by the Emirates Labor Service, which distinguish companies in the free trade zone, and we in our company work to help you establish businesses that carry out various activities and complete all the documents and documents required to establish businesses, as there are many procedures that require a lot of time. Our company’s efforts and efforts to save time, effort and money for its owners help its customers and undertake the process of establishing companies in the free zones, where they work to prepare them and prepare them fully ready for the activity, so if you belong to those who want to be owners of a company in the free zone, do not hesitate to contact our company. The first and best company that worked to help its customers and achieve their desires. All this happens at the lowest prices.
Dubai free zone companies
Dubai free zone companies
Free zone companies in Dubai provide an ideal environment for business thanks to multiple advantages that include full ownership by foreigners, tax exemptions, and ease of establishing companies. However, setting up a company in these regions can be a bit complicated without knowing the exact procedures and details. Here comes the role of “Itqan” Company, which provides integrated services that contribute to greatly facilitating the establishment process.
Thanks to its extensive experience in this field, “Itqan” company provides specialized consultations to help companies choose the most suitable one among the many free zones in Dubai, such as the Jebel Ali Free Zone (JAFZA), the Dubai Silicon Oasis zone, and others. Its services include providing support at all stages of incorporation, from preparing legal documents and registering the company, through to obtaining the necessary licenses and providing advice on compliance with local regulations.
“Itqan” also contributes to speeding up procedures and reducing potential costs, allowing companies to focus on growing their business instead of dealing with administrative complexities. Thanks to these comprehensive services, investors can successfully achieve their business goals in a dynamic and thriving business environment in Dubai.
Types of companies in Dubai Free Zone
Here is a table showing the types of companies that can be established in Dubai’s free zones, detailing some basic details for each type:
| Company type | Description | Appropriate activities |
|---|---|---|
| Limited Liability Company (LLC) | A limited liability company is considered one of the most common types of companies. | Trade, industry, services, technology. |
| A wholly foreign-owned company | It allows foreigners to own 100% of the company’s shares without the need for a local partner. | International trade, technology, consulting. |
| Subsidiary company | A subsidiary of a main company, which is wholly owned by the parent. | Business activities related to the parent company. |
| Private joint stock company | It requires multiple shareholders and allows the establishment of large companies. | Large investments, joint projects. |
| A sole proprietorship limited liability company | A company established and owned by one individual, providing full ownership. | Small and medium business, consulting. |
| Limited partnership company | It consists of a general partner and limited partners, with responsibilities divided. | Business projects, strategic partnerships. |
| holding company | It owns shares in other companies and manages these companies. | Diversified investments, portfolio management. |
| Professional company | It focuses on providing professional services such as consulting, advocacy, and training. | Legal consulting, accounting, training. |
This table provides an overview of the different types of companies in Dubai’s free zones, with clarification of the activities that suit each type.
Advantages of Dubai Free Zone companies
There are many benefits that distinguish the free zone of the United Arab Emirates that have prompted many people to invest money in the free zone and not in another zone. These advantages include:
- The activities and projects of the free trade zone are not subject to any of the laws imposed by the agency operating in Dubai companies.
It is possible for the company to be solely owned by a foreigner without the need for an Emirati sponsor or partner. - Complete tax exemption for all products and goods in the free zone.
- There are no taxes or fees on products and goods entering or leaving the free zone.
- The free zone helps achieve the highest percentage of profits for business owners.
- The free zone company may be a subsidiary based in Dubai that is a subsidiary of a large company outside the UAE.
All these benefits have prompted many people to invest their money in Dubai, especially in the free zone. In addition to the economy that contributes to the success of a project in the UAE and the number of visitors, the free zones of the United Arab Emirates encourage many people to start their own activities, and this should establish companies in the free zone, and because our company is the first company working to start businesses and Entrepreneurs, establish the best companies in the free zone and provide them with all the equipment, all you have to do is contact us and choose the activity you want. This will give you a lot of benefits and we will help you achieve all of this at the lowest prices. Our company is a company that works to establish companies in the free zone and serve entrepreneurs.
Conditions for establishing Dubai Free Zone companies
Establishing a company in Dubai’s free zones requires meeting a set of conditions and requirements, which can vary slightly depending on the type of company and the free zone in question. In general, basic conditions include:
- Choosing the type of company : You must specify the type of company you wish to establish, such as a limited liability company (LLC), private joint stock company, subsidiary company, or others.
- Determine the commercial activity : The commercial activity that the company will undertake must be determined, and it must be ensured that the activity is permitted in the chosen free zone.
- Submitting legal documents : This includes submitting documents such as passports of the company’s founders, residence visas, and the company’s articles of association and articles of association.
- Determine the office location : An office must be rented in the relevant free zone. Some free zones offer ready-made offices or flexible office space.
- Preparing capital : In some cases, the law requires that basic capital be deposited in a business bank account, and the amount varies based on the type of company and activity.
- Obtaining licenses : The necessary licenses must be obtained from the authority supervising the free zone, which includes a commercial, industrial, or professional license, depending on the activity.
- Opening a bank account : A business bank account must be opened in the name of the company to facilitate financial transactions and money management.
- Insurance : You may need to obtain special insurance such as employee insurance or liability insurance depending on the type of activity and its requirements.
- Obtaining visas : Work and residence visas must be obtained for the founders and employees according to their number and the company’s requirements.
- Registration in the Chambers of Commerce : In some free zones, it may be necessary to register the company with the Chambers of Commerce or other relevant bodies.
Providing these conditions and requirements contributes to accelerating the process of establishing the company and ensuring compliance with local regulations in the free zones in Dubai.
Types of Dubai Free Zone companies
Cost factors for establishing Dubai Free Zone companies
Establishing a company in Dubai’s free zones requires taking into account several factors that determine the costs of the process. Here are the most important factors:
- Company Type : The cost of establishing a company varies based on the type of company chosen (e.g. LLC, private equity company, subsidiary, etc.). Each type has requirements and procedures that vary in terms of costs.
- Licensing and registration : Costs include commercial, industrial, or professional licensing fees, in addition to registration fees with the authority supervising the free zone.
- Office rent : The cost of renting an office depends on the location and the size of the space required. Some free zones offer ready-made offices or flexible office space at different prices.
- Capital : Some activities may require seed capital to be deposited in a business bank account. The amount varies depending on the type of company and activity.
- Insurance : includes required insurances such as employee insurance, liability insurance, and any other insurances that depend on the type of activity.
- Consulting costs : These include the costs of obtaining legal and financial advice, preparing legal documents, and contracts.
- Work and residence visas : The cost of issuing work and residence visas for founders and employees, which depends on the number of people and visa category.
- Registration in chambers of commerce : In some free zones, there may be additional fees for registration in chambers of commerce or other relevant bodies.
- Additional services : such as administrative support services, accounting services, and trademark registration costs if required.
- Operating costs : Include the company’s daily operating costs such as salaries, bills, and office maintenance.
Identifying these factors and taking into account the costs associated with them helps in preparing an accurate budget for establishing a company in the free zones in Dubai, which contributes to achieving success and avoiding any unexpected financial surprises.
In conclusion, free zone companies in Dubai are an attractive option for investors and companies looking for a flexible and growth-friendly business environment. Thanks to the facilities provided by free zones, such as wholly foreign ownership of companies, tax breaks, and customs exemptions, companies can make the most of global business opportunities. These regions offer advanced infrastructure and simplified establishment procedures, which contribute to accelerating business start-up processes and reducing administrative costs. In addition, free zones provide a regulatory environment that supports innovation and sustainability, making them an ideal starting point for projects aiming to expand into global markets. With government support and specialized professional guidance, investors can focus on successfully achieving their trading goals. In general, free zone companies in Dubai represent a distinct strategic opportunity that enhances economic growth and opens new doors for expansion and creativity in the business world.
Frequently asked questions about Dubai Free Zone companies
What companies can be established in Dubai free zones?
You can establish different types of companies in free zones, such as limited liability companies (LLC), wholly foreign-owned companies, subsidiary companies, private joint-stock companies, and professional companies.
What are the advantages of establishing a company in Dubai free zones?
Advantages include full ownership by foreigners, tax exemptions, customs exemptions, ease of establishing companies, advanced infrastructure, and protection of investors’ rights.
Are there special requirements for establishing a company in Dubai free zones?
Yes, requirements include choosing a company type, defining business activity, submitting legal documents, renting an office, preparing capital, obtaining licenses, opening a bank account, and securing work and residency visas.
How long does the process of establishing a company in the free zones in Dubai take?
The incorporation period varies depending on the type of company and documents submitted, but usually ranges from 1 to 4 weeks.
