Dubai Free Zone, Dubai’s free zones are one of the main pillars that enhance the city’s position as a global center for business and investment. These areas offer a developed business environment and diverse facilities for companies, making them a preferred destination for investors from all over the world. Free zones in Dubai offer a range of unique benefits that include full tax exemptions on profits, imports and exports, as well as easy procedures for company registration and licensing. In addition, the free zones provide world-class infrastructure that includes modern offices and advanced logistics facilities, which contribute to enhancing the effectiveness of business operations.

Being located in one of these regions gives companies the opportunity to benefit from the facilitating regulatory environment that contributes to accelerating the process of growth and expansion. Through cooperation with Itqan Company, investors can obtain specialized advice and full support in all stages of establishing and operating their businesses within the free zones. This includes guidance on necessary procedures, legal and administrative advice, as well as guidance on how to make the most of the facilities available. The Dubai Free Zone is not just a place to establish a business, but rather a strategic platform that contributes to achieving the goals of companies and enhancing their competitiveness in the global market.

Dubai Free Zone

Documents required to establish a company in the Dubai Free Zone

Dubai’s free zones are an attractive destination for local and international investors thanks to the many benefits they offer, such as tax exemptions and facilitating procedures. To establish a company in Dubai one of these areas, investors must submit a set of basic documents to ensure compliance with legal and administrative requirements. Documentation requirements vary based on the type of business and specific free zone requirements, but there are essential documents that must be prepared to ensure the registration process goes smoothly. By submitting the correct documents at the right time, the incorporation process can be expedited and any delays that may affect the start of business can be avoided.

• Passport and national ID: A copy of the passport of the owner or partners is required, in addition to a copy of the national ID. These documents are used to verify the identity of individuals involved in the company and confirm their legal identity.
• Lease Contract: A documented lease must be submitted for the office or commercial location from which the company will operate its business. The contract must be certified and reflect the address to be registered in the commercial registries.
• Memorandum of Association or Articles of Association: It is required to submit the Memorandum of Association or Articles of Association of the company, which includes details about the partners, ownership percentage, and company objectives. This contract must be certified by a notary public or the competent authorities.
• Establishment application form: You must fill out and submit the establishment application form, which can be obtained from the body supervising the free zone. The form includes basic information about the business and its owners.
• Business Plan: In some cases, you may be required to submit a business plan detailing the business, its strategies, and future goals. The business plan helps evaluate the feasibility of the project and its compatibility with market requirements.
• Approval of competent authorities: Some commercial activities may require obtaining additional approvals from government agencies or regulatory bodies, such as health or environmental permits, depending on the type of activity.

Types of companies that can be established in the Dubai Free Zone

Dubai’s free zones are considered one of the most prominent destinations that attract investors and companies from around the world, thanks to the many benefits they offer, such as full tax exemptions and easy registration procedures. These areas allow investors to establish a variety of companies, providing them with multiple options that suit their business needs and requirements. The types of companies that can be established in the Dubai Free Zone vary based on the business activity and the strategic plans of investors. By understanding these types, investors can make informed decisions that align with their goals and help them achieve trading success. Here is a look at the main types of companies that can set up a company in Dubai .

• Limited Liability Company (LLC): The LLC is one of the most common types of companies in free zones. This company is characterized by flexibility in business management, as partners share responsibility for debts and obligations only in proportion to their shares in the company. A company can have one or more partners, and is ideal for companies seeking to benefit from tax breaks and simplified procedures.
• Sole Proprietorship: A sole proprietorship is an ideal option for individual investors who want to establish a company that they wholly own. This type of company gives the individual full control over the management of the company and enhances the ease of making decisions. It is suitable for small and medium businesses.
• Holding Company: Holding companies in free zones focus on owning and managing stakes in other companies. These companies are typically used to organize investments and manage assets, providing greater control and flexibility in expansion and growth.
• Private Joint Stock Company: A private joint stock company is a type of company that can include a limited number of shareholders. It provides legal protection to shareholders thanks to the distribution of liabilities and profits based on the percentage of their contributions.

The main advantages of setting up a company in the Dubai Free Zone

The main advantages of setting up a company in the Dubai Free Zone

Establishing a company in Dubai is one of the most prominent investment destinations in the world, as it provides an ideal business environment that attracts companies and investors from all over the globe. Thanks to the unique benefits it offers, the companies you stay in have great opportunities for growth and expansion. Choosing to establish a company in one of the free zones in Dubai provides many benefits that contribute to achieving business goals efficiently and effectively. Through these areas, investors can benefit from a range of facilities that enhance Dubai’s attractiveness as a global business centre.

• Full tax exemptions: Dubai free zones provide full tax exemptions on profits and financial distributions, which helps companies reduce financial burdens and increase profitability. These exemptions also contribute to enhancing companies’ competitiveness in global markets.
• Full foreign ownership: Free zones allow foreign investors to 100% own companies without the need for a local partner, giving them full control over the management and operation of their business. This advantage is one of the most prominent reasons that make Dubai a preferred destination for international investors.
• Ease of procedures: Free zones contribute to simplifying company registration and licensing procedures, which reduces bureaucracy and shortens the time needed to start work. Registration procedures are handled efficiently and quickly, which contributes to accelerating the establishment process.
• Advanced infrastructure: Free zones provide world-class infrastructure that includes modern offices, logistical facilities, and advanced storage spaces. This infrastructure contributes to improving the effectiveness of business operations and providing an ideal work environment.
• Logistical and commercial facilities: Logistical facilities in free zones include access to advanced shipping and storage facilities, which contributes to accelerating import and export operations. Free zones also provide various commercial services that support growth and expansion.
• Strategic Location: The free zones are located in strategic locations in Dubai, allowing easy access to regional and global markets. The distinctive geographical location enhances the ability of companies to expand their business operations effectively.

Learn about Dubai Free Zone

Dubai Free Zone is considered one of the most prominent investment destinations in the city, as it provides an ideal environment for businesses and companies wishing to expand and grow. These areas are distinguished by offering a range of advantages and facilities that contribute to attracting investments and enhancing commercial activity, making them a preferred choice for investors from all over the world. By cooperating with Itqan Company, investors can benefit from the expertise and guidance that contribute to achieving success and expansion within these regions.

In conclusion, Dubai Free Zone appears as a distinguished investment option that provides companies and investors with broad opportunities for growth and prosperity. Thanks to the facilities and benefits it offers, such as tax exemptions and simplified registration procedures, companies are able to expand efficiently and take advantage of the dynamic business environment that Dubai has to offer. Cooperation with Itqan Company enhances the value of this experience, as it provides support and specialized consultations that contribute to accelerating the establishment and operation process.

The presence of companies in free zones enhances their ability to compete in global markets and enhances their ability to achieve their business goals. Taking advantage of these opportunities requires careful planning and a comprehensive understanding of procedures and requirements, which is what Itqan Company provides by providing full support to investors. Therefore, choosing Dubai Free Zone is an important strategic step towards achieving commercial success and sustainable growth in a developed and prosperous business environment.

Frequently asked questions about Dubai Free Zone