There are more than forty free zones in the UAE (including free zones in the Northern Emirates and Abu Dhabi), and more than thirty of them are in Dubai. The best strategy for choosing the right free zone is to follow certain factors. Consulting the best business incorporation consultants in Dubai before starting the business incorporation process is the best way to identify the right free zones.
Consider doing business in Dubai’s free zones
After making the decision to business setup in Dubai free zone, foreign investors should browse the activities listed by free zones to see which free zones offer the activity of their choice. This is a difficult task but the investors can call the best business formation consultants in Dubai who will suggest the best free zones that suit the investors’ business activities. Investors can choose the general purpose free zones or industry specific free zones for company formation in Dubai.
Prioritize free zones with the best facilities
The facilities of the free zones each vary with each other, and the entrepreneurs must therefore carefully select the free area provided by the best facilities corresponding to their commercial requirement.
A certain amount of registered capital is required to start the company formation process in Dubai. However, investors should check whether the free zones impose the obligation to deposit the share capital. While most free zones in the Northern Emirates do not strictly adhere to this requirement, free zones in Dubai require the amount of registered capital to be deposited. The amount varies from free zone to free zone and hiring the best business formation consultants in Dubai will provide investors with sufficient knowledge of this requirement.
How to Business setup in Dubai free zone
Business setup in Dubai free zone is a simple process compared to incorporating a company on the mainland. Investors should only follow the rules and regulations set out by the relevant Free Zone authorities. What every investor should know before business setup in Dubai free zone.
Types of companies that can be incorporated in Dubai Free Zones
Types of companies that can be registered free Zones of Dubai depend on the number of shareholders. The following are the main types of legal structures that can be formed in Dubai Free Zones.
Free Zone Establishment
A Free Zone Establishment (FZE) can be formed with a single shareholder. Reputable company formation consultants in Dubai assist investors by providing the necessary documentation to form a FZE in the Dubai Free Zones.
Free Zone Company
Investors can form a Free Zone Company with 250 shareholders in the Dubai Free Zones. Contact the best business formation consultants in Dubai to set up a free zone company without an
Establishment of an existing company
There are mainly two types of establishment in Dubai Free Zones: “Local Company Establishment” and “Foreign Company Establishment”. A foreign company existing outside the UAE can expand its global presence by opening a branch in a free zone in Dubai.
Types of Licenses in Dubai Free Zones
Free zone licenses under different names in different free zones.
- E-Commerce License
- General Business License
- Consulting/Services License
- Trade/Commercial License
- Educational License
- Industrial License
- Independent Permissions
- Manufacturing License
