Start Business in Dubai Free Zones

DUBAI FREE ZONES

Discover more about Dubai Free Zones and how we can help you to achieve your business objectives from here, either you just started or considering growing into the Middle East.

Free Zones are special areas that offer great benefits to businesses. An economic area governed by its own distinctive regulations that do not apply to companies outside the zone is known as a free zone authority. Businesses in the Dubai Free Zones trade goods and services while taking benefits of unique tax and foreign ownership regulations.

The first free zone is Founded in 1985, the Jebel Ali Free Zone is in Dubai. There are currently around 29 free zones spread throughout the United Arab Emirates. Dubai operates as a major center for trade and business in the UAE. It is home to multiple free zones, each serving a different industry. These zones provide a number of benefits, such as access to a worldwide market, faster business procedures, and facilities customized to specific industries.

Starting a business can be a great way to make a difference and convert your passion into a job. The growing economy and supportive business environment make Dubai a quickly becoming popular site for business establishments.

In Dubai, there are many different free zones, each serving a particular industry. Some of them include: –

• International Free Zone Authority (IFZA)
• Dubai Multi Commodities Centre (DMCC)
• Dubai International Financial Centre (DIFC)
• Meydan Free Zone
• Dubai Airport Free Zone (DAFZA)
• Jebel Ali Free Zone (JAFZA)
• Dubai Internet City (DIC)
• Dubai Media City (DMC)
• Dubai Silicon Oasis (DSO)
• Dubai Healthcare City (DHCC)
• Dubai South (formerly known as Dubai World Central)
• Dubai Knowledge Park (DKP)
• Dubai Maritime City (DMC)
• Dubai Design District (d3)
• Dubai Science Park (DSP)
• Dubai International Academic City (DIAC)
• Dubai Industrial City

Thus, if you need to know about more details, our expertise team can help you. Contact Al Moheet to launch your business in your respective freezone by understanding the benefits with us.

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Types Of UAE Free Zone Trade Licence

On the UAE free zone, businesses can be divided into four main licences depending on their activity type: General Trading, Commercial,
Industrial and Service. Below is a general look at each licence type.

General Trading Licence

A general trading licence in the UAE allows a company to sell, distribute, store, import, export, and re-export various goods under one licence. It covers a wide range of activities such as trading in foodstuff, furniture, electronics, and more. The licence provides flexibility within the Freezone as it permits a broad scope of commercial activities without tying down the company to specific lines of goods. However, specific activities may require a No Objection Certificate (NOC) for special approvals.

Commercial Licence

A commercial licence is necessary for companies selling products or services within the UAE and abroad. Any entrepreneur conducting economic activities in Dubai needs to apply for a commercial licence. This licence permits the purchase and sale of products and specified services. It allows for importing and selling items in the UAE, exporting them outside the country, or trading within the local market within the Freezone.

Industrial Licence

An industrial licence in the UAE is provided by a free zone’s authority and allows investors and entrepreneurs to manufacture products within the relevant free zone jurisdiction. The licence enables the import of raw materials for production and the export of finished products overseas. Businesses involved in industrial or manufacturing processes should apply for this permit, which covers importing raw materials, production, and packaging for export.

Service Licence

The service licence permits the licensee to carry out specified services within the Free Zone, such as logistics, courier services, insurance provision, travel and tour services, car rental, consulting, and staffing. Additionally, it allows accounting, legal, and business consulting organizations to operate. This licence is meant for professionals in various fields who provide specialized services, including business consulting, IT services, accounting, auditing, legal services, and other professional services.

Dubai Free Zones

Businesses in the Dubai Free Zone trade goods and services while taking benefits of unique tax and foreign ownership regulations.

Legal Forms For Company Formation In UAE Free Zones

The legal forms available for company registration in UAE free zones have been modified to meet the needs of different business kinds and investment levels. Below is a summary of the main corporate organizations and applicable legal frameworks found in UAE’s free zones:

Free Zone Establishment (FZE)

A Free Zone Establishment (FZE) registration allows for a single shareholder to form a company. This shareholder can be an individual (person) or a corporate shareholder.

FZCO (Free Zone Company) ( FZ- LLC)

An FZCO is essentially a multiple shareholder or a partnership freezone firm where there is more than one shareholder in the company with a maximum of 50 shareholders.

Branch of a Foreign Company

A branch is a separate legal entity , under the control of the parent foreign company . It is used in the UAE as a marketing tool for the parent company.

Branch of a UAE Company

A branch office setup is a separate office or branch of an existing company. The local company already has a license in the UAE. Hence, this is an expansion of the local business.

Why Dubai Free zones For Your Company Formation?

Dubai Freezones are areas set apart especially for company establishment and operation that offer advantages and services. Businesses can benefit from a few advantages in these freezones, relief from some taxes, unrestricted capital and profit return, Stable Economic Environment and Ease of Doing business. Full ownership, Excellent infrastructure, modern communications networks, warehouses, modern office spaces, closeness to important ports, airports guarantee effective supply chain management and logistics, promoting smooth international trade are another features of Dubai free zones.

Dubai’s economy has grown significantly because of the free zones that attract foreign investment. Due to the fast company formation processes and support services provided by the free zone authorities, starting a business in Dubai free zones are simple.

Standard Required Documents to Start the Business Setup Process In UAE Mainlands

Let’s launch your business with success! Ensure you have all the necessary documents ready to streamline the setup process!

Your Guide To Setting Up A Business In UAE Mainland

Your business setup checklist is ready. Let’s launch your business with success!

We Al Moheet Consultants will assist you in mainland company formation in Dubai from A to Z without any hassles and provide you post launch assistance for your visas and all corporate services that you might need in the future.

Frequently Asked Questions

Common Questions About Business Setup in the Dubai Free Zones

What all points to be considered, when selecting the best free zone for my company?

Examine on aspects like the kind of business you do, the advantages the free zone offers specially, the infrastructure, how close you are to customers or suppliers, and the setup and operating costs.

Can I move my current company to a free zone company in Dubai?

Yes, a lot of free zones make it easy for established companies to move from other nations or within the United Arab Emirates. Usually, this process includes getting the required licenses and need to transfer the company’s registration.

Do visa services provide by Dubai Free Zones?

Yes, visa services are usually offered to business owners, employees, and their dependents in free zones. The size of the office space and the kind of business license determine how many visas are available.