One Central – Offices No. 4 Dubai | Office: +971 45686046
ITQAN is a company that specializes in business setup and business growth

Opening a company in Dubai Free Zone

Opening a company in Dubai Free Zone

Opening a company in the Dubai Free Zone is an important investment step and is fraught with challenges and opportunities. The Dubai Free Zone constitutes an ideal environment for new and expanding companies, and provides a wide range of advantages and privileges for investors. In this article, we will discuss the steps for opening a company in the Dubai Free Zone , and the factors that must be taken into account to ensure the success of the business, in addition to reviewing some common questions and a conclusion that summarizes the topic. .

Opening a company in the free zone

Companies wishing to establish their businesses in the free zone enjoy greater flexibility in choosing multiple commercial activities or service activities that are compatible with the nature of their work, in addition to the tax exemptions that distinguish the free zone, which are among the biggest factors that attract many new entrepreneurs, which contributes to enhancing the investors’ experience when… Contracting or establishing companies in the free zone and conducting their business there.

Establishing a company in Dubai

We work in our company to establish companies in all places in the Emirates, including the free zone, as we have been working in the field of establishing companies for many years, which has gained us the experience that makes us able to establish the best companies in the best locations. Our company is distinguished by providing all services at the lowest possible prices for this. Do not hesitate to seek help from our company, which works on establishing companies and serving businessmen.

Steps to open a company in the Dubai Free Zone

There are many steps that must be taken in order to be able to establish a business in the free zones in Dubai, and these steps include:

  1. Determine the type of activity, as it represents the first step in obtaining a commercial license. Through the activity, the parties associated with this activity and the permitted legal forms are determined.
  2. Preparing Capital Capital requirements vary from one region to another.
  3. Determine the trade name, as it is the name that distinguishes the institution from others, and there are conditions and rules on the basis of which the trade name is chosen.
  4. Applying for a commercial license depends on the activity you carry out.
  5. Choosing offices and work facilities to continue working through.
  6. Obtaining initial approvals from the competent authorities.

How to open a commercial register in Dubai?

To open a commercial register in Dubai, you must follow the following steps:

  1. Research and Planning : Study the local labor market in Dubai to understand the market needs and available opportunities – determine the type of business activity you want to engage in and check its suitability to the local market.
  2. Choosing a trade name : – Choose a name for the company that complies with local and commercial laws and legislation in Dubai – Make sure not to repeat the trade name with previously registered companies.
  3. Submitting an Application : Submit an application for a business license to the Dubai Economic Development Department (DED), the authority responsible for regulating businesses in the emirate.
  4. Licenses and Permits : After the application is accepted, you will need to obtain the necessary licenses and permits to operate your business in Dubai.
    – These can include operating licenses and permits, municipal licenses, and any licenses specific to the activity you are performing.
  5. Company establishment : Establish the company and register it as required in accordance with local legislation and laws in Dubai – the company can be a sole proprietorship, a limited liability company, or any other type that suits your business activity.
  6. Join the Chamber of Commerce : Join the local Chamber of Commerce to register the company and obtain its membership.
  7. Compliance with tax controls : Ensure compliance with local tax controls and submit the necessary tax returns.
  8. Starting to do business : After completing the previous steps, you can start doing your business in Dubai and start working with your clients.

You should check the local laws and legislation in Dubai related to opening a commercial register, and you can obtain assistance from legal consultants or offices to assist in this process.

Opening

How to open a company in Dubai Free Zone

It is now possible for any person, regardless of his financial ability or what he sets a financial budget for, to establish and establish any investment project in the free zone or to establish a company in Dubai. You can now establish any project or provide any investment service in the free zone due to the multiple needs of the UAE and also due to the ease of Providing the requirements and methods for establishing investment projects there, but it is necessary to know the basic steps in establishing a company in the free zone, which are as follows: 

Determine the nature of the company’s activity:

Determining the nature of the new company’s activity in the free zone is considered one of the most important procedures imposed by the UAE law regarding the establishment of companies of 2009 in Dubai. This is based on facilitating the procedures and then determining the parties associated with the company’s activity and the legal forms permitted within the new company.

Types of economic activities

There are approximately twenty thousand economic activities permitted in the UAE. Economic activities are classified into three main types:

  1. Commercial activity, whether private (real estate, leasing, transportation, transportation, financial intermediation, wholesale, retail, storage, and communications).
  2. A professional activity that is specific to (agriculture, health, social work, education, and various service activities related to society, i.e. an activity that depends on physical and mental activity to practice it).
  3. Industrial activity is concerned with (transforming industries such as mining, water, electricity, and quarrying), and there are also some tourism activities. Various commercial activities in the free zones.
  4. There are many services and activities available in the free zones that anyone can perform, as there are approximately 2,100 different economic activities available, and the activities are divided into many groups, including: commercial activities, industrial activities, tourism and professional activities.

If you are one of those interested in any activity belonging to any of these groups, our company works to help you and conduct a feasibility study for the various activities by specialized economic experts. The company also helps you establish companies and obtain the appropriate commercial licenses for your activity. All you have to do is contact us. Call the company’s number and request the specific services you want.

Advantages of opening a company in the Dubai Free Zone

The Dubai Free Zone is considered one of the most important free zones in Dubai that can help in establishing companies there due to its advantages. Among the most important of these features are the following:

  • Complete exemption from all taxes, whether income tax or corporate tax.
  • Allowing absolute foreign ownership of 100% foreign ownership.
  • Tax exemption on import and export.
  • Providing facilities and flexibility in office rental terms.
  • Provides a wide range of different business activities available.
  • The documents required to establish a new company are not many and specific.
  • Do not place any restrictions on the currency.
  • Providing competitive prices for establishing any company in the Dubai Free Zone .
  • Providing warehouses for storage.

The UAE is distinguished by the fact that it has more than 40 free zones, in addition to some areas that are being established. Therefore, establishing a company in the free zone is one of the difficult matters facing the investor, as it is difficult to choose between many regions. Therefore, our company, through its extensive experience in business management, helps many investors choose the appropriate free zone for their commercial activity. It also helps in establishing and establishing the company in the free zone in the shortest time and at the lowest costs.

Free zones in Dubai

There are areas in Dubai called free zones. These areas are a geographical area in which trade takes place and many major companies and institutions are established. They contain goods that are remanufactured and stored or exported and sold according to their license. The free zone is distinguished by the fact that it is not subject to any customs duties, as it is Free zones are considered completely separate entities that are not subject to the laws prevailing in the country, as working in a free zone does not require a local sponsor. Anyone can own a 100% company in the free zone, and our company helps you own companies and establish them from the beginning. Establishing companies in free zones .

Recently, the UAE has turned into a large commercial center to which individuals from all countries in the world come, all for the sake of trade exchange. One of the things that has contributed to the rapid growth of the economy in the UAE is the establishment of companies in its free zones, in addition to the flexibility of the laws that the state follows and contributes to Organizing and managing businesses, making free zones the most sought-after and awaited market for everyone.

Investing in Dubai

Investing in Dubai is a more than wonderful option for every investor who wants to invest his money in the Arab region and the Middle East region in general, due to the advantages and facilities that this wonderful emirate enjoys. If you are a businessman or if you are an investor (non-Emirati) and aim to establish a small, medium, or even a giant company outside the borders of your country, it is great for you to think about heading to Dubai and starting to establish your new activity there.

 

Frequently asked questions about opening a company in the Dubai Free Zone

What are the basic steps to open a company in a free zone in Dubai?

The basic steps include determining the type of company, choosing a company name, identifying shareholders and directors, and submitting the required documents.

What documents are required to open a company in a free zone in Dubai?

The required documents may require certificates of partners and directors, company incorporation deeds, and information about the chosen business activity.

What are the main benefits of opening a company in a free zone in Dubai?

Benefits available in a free zone in Dubai include benefiting from advanced infrastructure, no taxes on profits, and enjoying flexible business policies.

What are the main restrictions when opening a company in a free zone in Dubai?

Some restrictions may include the need to comply with local laws and regulations, and specific corporate obligations with the Dubai Ministry of Commerce and Industry.