Free zone company setup

A free zone is a designated location where goods and services can be traded with advantageous tax and custom rates.

What is a free zone?

The UAE has over 50 free zones with some offering generic activities to all industries, whereas other free zones are industry specific. You can opt for a free zone company formation in UAE in any of these free zones.
The concept of a free zone, otherwise known as a free trade zone, is to provide free trading and an industry ecosystem within a set jurisdiction. Free zones are usually attached to ports (such as JAFZA) and/or are industry specific.
Some examples include media free zones, such as Sharjah Media City, Dubai Media City and Fujairah Creative City and technology and IT free zones, like Dubai Silicon Oasis. DMCC is popular for Dubai free zone company formation. Each one is designed to boost international business by providing 100% ownership to expatriates and companies establishing a branch or representative office.

Advantages of free zone company setup

Free zone company setup license types and activities

Professional license

  • Encompasses a wide range of service activities 

Commercial license

  • Encompasses a wide range of trading activities

Manufacturing / industrial license

  • Encompasses a wide range of manufacturing activities

Free zone company setup legal structures

Free zone company setup process

01.

Choosing your business activity

Our team of company formation specialists will ensure you choose the right jurisdiction and business activity when setting up your free zone company formation in Dubai or the rest of the UAE. We advise you on the most economical and suitable options.

02.

Finalising your company name

At Registrations.ae, our team of experts can secure the company name availability and registration. If the company name is not available, we’ll advise you on suitable alternatives.

03.

Completing your incorporation paperwork

Your dedicated company formation specialist will ensure you complete the license application process – quickly and hassle-free.

04.

Issuing of your license

Once your license is issued, you will be notified and provided with the scanned license documents. Our team will schedule the documents for collection or delivery depending on your availability.

05.

Opening your company’s bank account

At Registrations.ae, we have an expansive network of banking experts who will assist you in opening a corporate bank account.

06.

Receiving your immigration card

If you have selected a license with visa eligibility, we will automatically apply for your immigration card, which will then allow you to issue visas under your license.

07.

Processing your visa

Our team of visa specialists will assist you with any visa related queries. Call us today to find out more.

Free zone company setup exceptions

A free zone company cannot physically trade directly with the UAE market. However, the company can undertake local business through a locally appointed distribution agent and will incur a custom duty of 5%. Free zones cannot participate in government tenders.

Freezones are designated special economic zones for business development. A Freezone Company Setup in Dubai delivers several advantages & privileges. With over 50 free zones in the UAE for company registration & operation, business start-up and incorporation become facilitated & aided across a range of business undertakings & niches. 

With prime free zones like Dubai Silicon Oasis, Dubai Media City, Sharjah Media City & Fujairah Creative City, the range of business niches facilitated stretches across media, information technology & industrial parks. Free zones come with a range of ultra-modern benefits.

Benefits of a Freezone Company Setup in Dubai

Freezones are progressive, innovative & ultra-modern industrial & business development hubs made for the enhancement & facilitation of business & industrial activity. These are significant benefits:

  • Non-requirement of NOC for a business sponsor.
  • Non-resident business registration & incorporation
  • Virtual/remote office operations accepted  
  • No company paid up share capital proof requirement 
  • Zero corporate and income tax deductible
  • Options to incorporate with different local jurisdictions
  • Optional local law business incorporation

 

Standard & Legal Process for Freezone Business Set Up

  • Business Niche / Vertical
  • Business Name / Identity
  • File Legal Incorporation Documents –
  • Issuance of Business License
  • Freezone Company Bank Account Opening Dubai
  • Issuance of Immigration Card
  • Visa Processing

 

  1. There are legal binding strictures/limitations on free zone businesses.

(1). Free zone businesses can’t directly trade with UAE except via local distributors with 5% custom applicable.

(2). Free zone businesses can’t participate in local gov’t tenders.

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