UAE is a favorite business hub for investors who wish to expand their existing business or start with their new ventures. UAE offers multilingual and highly advanced personnel along with a stable regulatory environment and a progressive culture of innovation, which makes incorporating a business in UAE a lucrative opportunity for business persons. The popularity behind free zone business setup Dubai and business incorporation in UAE can be credited to its prospering economy and abundant resources.
Free zone business setup allows specific business industry or categories to operate their entities. The free zones are free from UAE mainland taxes, employment, and export-import restrictions. Starting a business in free zone can be an attractive option for foreign investors. UAE has more than 50 free zones and so, choosing the right free zone requires deep knowledge of the market.
Free zone business setup UAE completely depends on the business conditions, office requirements, visa requirements, and investment. Register your business in the free zone that enables economic growth.
How to initiate free zone business setup UAE?
To register your company in any of the free zone, follow the below given steps,
Select a business type and required license
Each free zone in Dubai has their own rules for the business activities and license type. Commercial activity cannot be mixed with service activities; it’s a general rule for all the free zones. Get the license according to your business activity!
Choose a free zone
While involving in a Free zone business setup in Dubai, have a clear understanding about the free zones and business activities allowed in each free zone. Choose the suitable free zone with the help of professional consultation.
Select a corporate structure
Decide your company’s corporate structure; it can be an individual company, subsidiary with shareholders, joint venture, LLC, or branch of foreign company.
Choose your trade name and prepare documents
Select a trade name for your company and prepare the list of documents required by the chosen free zone. The standard list of documents include,
Get initial approval for the company name, business activity and proposed company structure.
Sign legal documents for company incorporation
After getting initial approval, a meeting will be arranged with the free zone representative. This can be avoided in certain cases where you can provide power of attorney and notarized documents to the representative.
To proceed with the final stage, find a commercial property within the chosen free zone. Find the suitable option and sign a tenancy contract to avail the Ejari certificate.
Collect the business license
After registering all the documents and obtaining all the approvals. The license will be issued along with corporate documents.
When properly planned, the business setup process will take around 1 to 4 weeks. Each license is valid for 1 year and must be renewed annually.
Free zone business setup UAE benefits
At A&A Associate, we supervise the entire process of incorporation for our clients. It includes:
We are well-informed about the company formation rules and regulations. We have been establishing businesses all over UAE. Ease your free zone business setup with our dedicated services and launch your business dreams into action.