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ITQAN is a company that specializes in business setup and business growth

Dubai free zone companies

Dubai free zone companies

Dubai Free Zone Companies, the business and investment capital of the Middle East, is one of the most attractive destinations for companies and investors from all over the world. This vibrant and developed city provides a dynamic business environment characterized by transparency, efficiency, and outstanding government support. At the heart of this rapid economic growth, Dubai’s free zones play a pivotal role in attracting foreign investments and facilitating emerging and existing companies to establish and expand their businesses.

Itqan Company, a trusted partner specialized in company formation services in Dubai, enables companies to take full advantage of the opportunities available in free zones. Thanks to its extensive experience in the legal, administrative and regulatory fields, Itqan provides comprehensive advice and support to companies wishing to establish legal entities in these regions.

By cooperating with Itqan, companies can benefit from the advantages offered by free zones in Dubai, including low or exempt taxes, fast establishment procedures, full foreign ownership, and ease of dealing with government agencies. In addition, “Itqan” provides comprehensive services that include preparing legal documents and providing assistance in obtaining the necessary licenses and visas.

By consulting “Itqan” experts, Dubai Free Zone companies can benefit from Dubai’s outstanding political and economic stability and the diverse opportunities provided by free zones. This strategic cooperation enables companies to establish strong legal entities and expand their business efficiently and quickly in this world-leading commercial center.

Dubai

Advantages of Dubai Free Zone companies

There are many benefits that distinguish the free zone of the United Arab Emirates that have prompted many people to invest money in the free zone and not in another zone. These advantages include: 

  • The activities and projects of the free trade zone are not subject to any of the laws imposed by the agency operating in Dubai companies. 
  • It is possible for the company to be solely owned by a foreigner without the need for an Emirati sponsor or partner. 
  • Complete tax exemption for all products and goods in the free zone. 
  • There are no taxes or fees on products and goods entering or leaving the free zone. 
  • The free zone helps achieve the highest percentage of profits for business owners. 
  • The free zone company may be a subsidiary based in Dubai that is a subsidiary of a large company outside the UAE. 

All these benefits have prompted many people to invest their money in Dubai, especially in the free zone. In addition to the economy that contributes to the success of a project in the UAE and the number of visitors, the free zones of the United Arab Emirates encourage many people to start their own activities, and this should establish companies in the free zone, and because our company is the first company working to start businesses and Entrepreneurs, establishing the best companies in the free zone and providing them with all the equipment, all you have to do is contact us and choose the activity you want. This will give you a lot of benefits and we will help you achieve all of this at the lowest prices. Our company is a company that works to establish companies in the free zone and serve entrepreneurs. 

Types of licenses available in free zones

Dubai’s free zones are a global center for business and investment, providing a favorable environment for companies from various sectors. To benefit from the advantages offered by these zones, companies must obtain the appropriate licenses for their activity. In this context, “Itqan” company provides integrated services to help companies obtain the necessary licenses to operate in the free zones in Dubai. Types of licenses in Dubai free zones:

  • Professional license: This license is granted to companies that provide professional services such as consulting, auditing, engineering, law, and accounting.
  • Commercial License: This license is granted to companies that engage in commercial activities such as export, import, distribution and general trade.
  • Industrial license: This license is granted to companies involved in industrial activities such as manufacturing, assembly, and packaging.
  • Service License: This license is granted to companies that provide services such as warehousing, shipping, logistics, and transportation.
  • Investment license: This license is intended for investment companies that invest in free zones.

Each type of license has its own requirements and carries certain benefits. In cooperation with “Itqan” company, companies can obtain the appropriate licenses quickly and easily to start their business in the free zones in Dubai.

Basic requirements for establishing a company in a free zone

Dubai’s free zones are a major attraction for foreign investments thanks to the supportive environment and the regulatory and tax incentives they provide. As the popularity of these areas increases, the number of companies wishing to establish their businesses there has also increased. In order for companies to benefit from the benefits offered by free zones, there are a set of basic requirements that must be met. Basic requirements for establishing a company in a free zone :

  • Choosing the appropriate free zone: Companies should ensure that the chosen free zone is compatible with the nature of their activity and provides the necessary infrastructure and services.
    Choosing the legal form of the company: Companies can establish as a limited liability company, a public joint stock company, or other available legal forms.
    Obtaining the appropriate license: Companies must obtain a commercial, professional, industrial, service, or investment license based on the nature of their activity.
    Submitting incorporation documents: These documents include the articles of incorporation, the company’s articles of association, and the personal identity of the partners.
    Opening a bank account: Companies must open a bank account in one of the banks licensed in the free zone.
    Registration of the company in the commercial registry: The company is registered in the commercial registry of the relevant free zone.

In cooperation with “Itqan” company, new companies can benefit from the expertise and specialized knowledge to easily fulfill these requirements and start their business in the free zones in Dubai.

The main advantages of establishing a company in a free zone in Dubai

Dubai, as one of the most important commercial and economic centers in the world, is distinguished by the presence of a number of free zones that offer many advantages to companies wishing to invest and expand their business. These advantages make Dubai’s free zones an attractive destination for companies of different sectors and sizes. The main advantages of establishing a company in a free zone in Dubai:

  • Tax incentives: Companies in free zones enjoy full tax exemptions on profits, imports, exports and value-added tax.
  • Full foreign ownership: Foreign companies are allowed to establish wholly owned companies without the need for an Emirati partner.
  • Ease of establishment procedures: Procedures for establishing companies in free zones are characterized by simplicity and speed compared to other regions.
  • Advanced infrastructure: Free zones provide an integrated infrastructure of offices, workshops, logistical services and other facilities.
  • Freedom to deal in foreign currencies: Companies in free zones are allowed to deal in foreign currencies without restrictions.
  • Ease of recruitment and attraction: Free zones allow companies to easily attract talent of different nationalities.
  • Strategic location: Dubai has a strategic geographical location that facilitates access to regional and global markets.

Thanks to these various advantages, Dubai’s free zones are an attractive and supportive environment for business growth at the local, regional and international levels.

Learn about Dubai Free Zone companies

In conclusion, given the real and clear advantages offered by free zones in Dubai , it is not surprising that they are a preferred destination for companies aspiring to grow and expand at the regional and international levels. The ability of these areas to provide an accessible and business-friendly working environment, combined with their excellent strategic location, has made them an ideal launching pad for companies wishing to access the MENA markets and beyond.

In this context, Itqan plays a pivotal role in helping to achieve these goals. As one of the most prestigious companies working in the field of consulting and professional services in the region, “Itqan” provides the necessary advice and support to companies wishing to invest in free zones in Dubai. Through its extensive experience in the field of establishing, registering and licensing companies, in addition to its deep understanding of the laws and regulations of those regions, “Itqan” helps companies overcome any obstacles or challenges they may face during the establishment and growth phase.

The close cooperation between the free zones in Dubai and Itqan Company has provided many companies with the opportunity to fully benefit from the advantages of these zones and successfully achieve their expansion goals. This collaboration will continue to shape the future of business in the region, as Dubai continues to consolidate its position as one of the most important commercial and economic centers in the world.

Frequently asked questions about Dubai Free Zone companies

What is a free zone?

A free zone is a specific area within the UAE that allows companies to own all foreign capital and enjoys tax benefits and other facilities to encourage investment.

What are the most famous free zones in Dubai?

Jebel Ali (JAFZA) Dubai Internet City (DIC) Dubai Media City (DMC) Dubai International Financial Center (DIFC) Dubai South District

What types of licenses are available in free zones?

  • Commercial license: to trade goods and merchandise.
  • Industrial license: to manufacture products.
  • Services license: to provide professional services.
  • Logistics license: for warehousing and distribution services.
  • Media license: for media activities.

What are the basic requirements for establishing a company in a free zone?

  • Application Form: Submit the application form.
  • Business Plan: Prepare and submit a business plan.
  • Identity documents: Provide copies of passports of the founders.
  • Capital: The required capital deposit (may vary depending on the type of license).

What are the main advantages of establishing a company in a free zone in Dubai?

  • 100% foreign ownership.
  • Income and corporate tax exemption.
  • Exemption from customs duties.
  • Ease of transferring profits.
  • Advanced infrastructure.
  • Strategic location.