The cost of establishing a company in the Dubai Free Zone. Establishing a company in the Dubai Free Zone is a strategic step sought by many companies and investors from around the world to benefit from the advanced commercial environment provided by the city. Dubai’s free zones are an ideal business destination thanks to the unique benefits they offer, such as tax incentives, customs facilities, and simple procedures for establishing companies. While enhancing the drive towards innovation and economic growth, Dubai’s free zones provide world-class infrastructure that supports rapid business growth and opens up new opportunities for investors. Among the advantages offered by these regions is 100% company ownership, which is considered one of the most prominent factors that attract international companies. In addition, free zones contribute to simplifying administrative procedures and reducing costs, making them an attractive option for investors wishing to enter the UAE market.

For companies seeking the cost of setting up a company in the Dubai Free Zone itself in this context, cooperation with a specialized company such as Itqan Company is essential to ensure that the procedures go smoothly and effectively. Itqan Company provides comprehensive support and specialized skills that help investors understand all establishment requirements, from submitting applications to obtaining final licenses. By leveraging Etqan’s expertise, investors can overcome potential challenges and achieve their business goals more efficiently. Establishing a company in the Dubai Free Zone is not just a practical step, but rather a long-term investment in a vibrant economic environment that provides unlimited opportunities for growth and success.

Cost of establishing a company in Dubai Free Zone

Key advantages of establishing a company in the Dubai Free Zone

Dubai is one of the most prominent global business destinations that attracts investors from all over the world, thanks to its advanced economic environment and the many investment opportunities it offers. Among the many options available to investors, free zones in Dubai have unique advantages that make them an ideal choice for establishing companies. Establishing a company in a free zone allows investors to enjoy a range of benefits that enhance their ability to achieve success in both local and global markets. These benefits include tax exemptions, business facilities, and extensive government support, making Dubai an ideal environment for incubating and expanding businesses. In this context, Itqan plays a pivotal role in helping investors benefit from these advantages and achieve their investment goals in Dubai. The main advantages of establishing a company in the Dubai Free Zone :

• Tax exemptions: One of the most prominent advantages provided by free zones in Dubai is complete exemption from taxes on income and profits for a period of up to 50 years, which allows companies to significantly increase their profits without worrying about tax burdens.
• Full Foreign Ownership: Dubai free zones give foreign investors the right to own 100% companies without the need for a local partner, giving them full control of their business and increasing their chances of success.
• Freedom to trade currencies: The free zones in Dubai are characterized by allowing freedom to trade foreign currencies without restrictions, which facilitates commercial operations and enhances the ability to operate in different global markets.
• Ease of establishment procedures: Dubai free zones provide a flexible and easy regulatory environment that allows companies to establish their businesses quickly and efficiently, thanks to simple procedures and reduced legal requirements.
• Advanced infrastructure: Dubai’s free zones have world-class infrastructure, including modern seaports and airports, in addition to advanced logistical facilities that facilitate export and import operations.
• Government and institutional support: Companies in free zones receive continuous government support, in addition to advisory and training services provided by local bodies and institutions to enhance companies’ capabilities to succeed and grow.

Establishing a company in the Dubai Free Zone represents a strategic step for investors who are looking for a supportive investment environment that provides them with all the necessary ingredients to achieve success and prosperity in competitive markets.

Basic steps to establish a company in the Dubai Free Zone

Dubai is considered one of the most attractive investment destinations in the world, as it provides a stable and developed economic environment that makes it a global center for business and trade. Among the factors that make Dubai attractive to investors is the presence of free zones that offer exceptional opportunities to establish companies and benefit from the many economic advantages. Establishing a company in a free zone in Dubai allows investors to benefit from government facilities and advanced infrastructure, in addition to tax exemptions and full foreign ownership. This makes Dubai an ideal environment for companies seeking to expand their business into regional and global markets. But to achieve this goal, investors need to follow certain steps to ensure that the company is established legally and effectively. In this context, Itqan plays a major role in providing the necessary advice and support to investors to overcome any challenges they may face in this process. The basic steps for establishing a company in the Dubai Free Zone:

• Choosing the type of business activity: The investor must determine the type of business activity he wishes to practice in the free zone, as laws and requirements vary depending on the type of activity.
• Choosing the appropriate free zone: Dubai includes many free zones, and each zone has certain characteristics that suit specific types of businesses. The investor must choose the free zone that suits his business activity and strategic objectives.
• Submitting a company registration application: After choosing a free zone, a company registration application must be submitted to the relevant authority in that zone. This application includes information about the company, type of activity, and administrative structure.
• Obtaining initial approval: An initial approval must be obtained from the competent authorities in the free zone, and this approval is a confirmation that the company’s activity is in line with local laws and regulations.
• Preparation of legal documents: All legal documents necessary to establish the company must be prepared, such as the articles of association and articles of association, in addition to determining the share capital.
• Opening a bank account: It is necessary to open a bank account for the company in one of the approved local or international banks in Dubai, where the initial capital must be deposited.
• Obtaining a commercial license: After completing all previous procedures, a commercial license is issued that allows the company to officially begin practicing its commercial activity in the free zone.
• Renting an office or headquarters: The company must rent an office or headquarters within the free zone, based on the requirements of the commercial activity and the size of the business.
• Registering the company in the commercial registry: The company must be registered in the commercial registry of the free zone to ensure the legality of the activity and protect the legal rights of the company and shareholders.
• Commencement of operational operations: After completing all legal steps, the company can begin operational and commercial operations within the Dubai Free Zone.

Establishing a company in the Dubai Free Zone requires careful planning and a comprehensive understanding of the required steps, starting from choosing the appropriate business activity to completing the necessary legal procedures. With Itqan’s support, investors can successfully bypass this process and start their business in one of the most dynamic investment environments in the world.

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

Establishing a company in the Dubai Free Zone represents a strategic opportunity that contributes significantly to achieving the business goals of investors and businessmen. Free zones are flexible and offer many advantages that make them an ideal destination for launching a business, such as tax exemptions, no currency restrictions, and simplified establishment procedures. These advantages make Dubai’s free zones an attractive environment for growth and innovation. However, the incorporation process may require precise knowledge and familiarity with all administrative and legislative details.

Here comes the role of Itqan Company, which plays a vital role in facilitating the establishment process in the free zones. By providing specialized consultations and assistance in dealing with legal and administrative procedures, Itqan Company contributes to simplifying the process and alleviating the burdens on investors. Cooperation with Itqan Company helps ensure that all steps are carried out smoothly and efficiently, which contributes to accelerating the establishment of the company and avoiding potential obstacles.

Ultimately, establishing a company in the Dubai Free Zone represents a golden opportunity for growth and expansion in a thriving UAE market. With the right guidance and specialized support from Itqan, investors can achieve their goals efficiently and successfully. Working with Itqan ensures that every aspect of the incorporation process is carefully considered, enhancing your chances of success in a dynamic and profitable business environment.

Frequently asked questions about establishing a company in the free zone