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Establishing a company in the free zone in Dubai

Steps and procedures for establishing a company in Dubai

٢٠ مارس Establishing a company in the free zone in Dubai

Establishing a company in the Dubai Free Zone, Dubai is one of the world’s leading investment destinations, attracting thousands of investors and entrepreneurs thanks to its dynamic and flexible economic environment, which supports various economic sectors. Among the areas that provide promising opportunities for commercial expansion and business establishment are the free zones in Dubai, which provide many advantages to investors, such as full foreign ownership, tax exemptions, and advanced logistical facilities. Opening a company in the Dubai Free Zone is a strategic option for individuals and companies wishing to enhance their presence in the Middle East and North Africa markets, as Dubai provides them with a world-class infrastructure and an integrated business environment that guarantees them smooth and flexible growth and expansion.

Cooperating with a specialized company such as Itqan Company to establish your company in Dubai can greatly contribute to facilitating all the required procedures and transactions, as the company provides integrated services starting from the consultation stage on the most appropriate free zones and appropriate activities, through registration procedures and obtaining licenses, and providing you with the necessary support to start working efficiently. With the extensive experience of the Itqan team and their deep understanding of the needs of investors and the requirements of government agencies in Dubai, investors can avoid many of the legal and logistical obstacles that they may face when establishing their companies independently.

Establishing a company in the free zone in Dubai
Establishing a company in the free zone in Dubai

Choosing the right free zone to establish your company in Dubai depends on a number of factors such as the type of business activity, the target market, and the operational needs of the company. With the help of Itqan, investors will be able to make informed decisions that align with their commercial and financial goals. Establishing a company in the Dubai Free Zone represents a promising start to achieving success, and benefiting from the many investment advantages that these vital areas offer. With the specialized support of Itqan, investors can achieve their goals more efficiently, which contributes to transforming their business visions into a tangible reality that enhances their position in the market.

Frequently Asked Questions About Establishing a Company in the Free Zone

The main advantages of establishing a company in the Dubai Free Zone
Dubai is one of the most prominent investment destinations in the world, as it provides a distinctive economic environment that attracts entrepreneurs and investors from all over the world. Among the options available for establishing companies in Dubai, free zones come as a strategic choice that allows companies to achieve growth and prosperity in a flexible and supportive environment. Free zones in Dubai are distinguished by being areas specifically designed to support commercial and investment activities while providing many facilities and advantages that make them the ideal destination for establishing companies. Whether you are seeking to expand your business or launch a new project, establishing a company in a free zone gives you the opportunity to benefit from advanced infrastructure, government support, and operational facilities that suit various sectors.

Key advantages of establishing a company in a free zone in Dubai

Full foreign ownership: Foreign investors enjoy the advantage of owning their companies 100% without the need for a local partner.

Tax exemption: Companies in free zones enjoy full tax exemptions on income and profits for long periods of up to 50 years.

Freedom of transfer of funds: There are no restrictions on transferring profits and capital abroad, giving companies flexibility in managing their funds.

Ease of procedures: The procedures for establishing and registering in free zones are simple and fast, with continuous government support.
World-class infrastructure: Dubai’s free zones offer state-of-the-art infrastructure including offices, warehouses, and logistics.

Strategic location: Dubai is a gateway to global markets thanks to its ideal geographical location and extensive connectivity through ports and airports.

Specialized environments: Many free zones offer dedicated environments for specific sectors such as technology, financial services, and media, enhancing the chances of success.

Customs exemptions: Goods imported into free zones enjoy customs exemptions, reducing the costs of business operations.

By choosing to set up a company in Dubai’s free zones, investors can realize their business ambitions in a competitive environment full of opportunities and potential.

Types of companies that can be established in Dubai Free Zone

Dubai is a global economic hub that attracts investors from all over the world thanks to its strategic location and thriving economy. Among the leading options for establishing a business in Dubai are the free zones, which are known for their distinct investment environments and advanced infrastructure. These areas are an ideal platform for investors who want to expand their businesses or start their projects in a flexible and competitive environment. Establishing a company in a Dubai free zone provides exceptional opportunities for success in a dynamic market open to global markets, while benefiting from the advantages that make Dubai one of the most attractive destinations for businesses.

Key benefits of establishing a company in Dubai

Full ownership: Establishing a company in the free zones allows foreign investors to own 100% without the need for a local partner.

Tax exemptions: Companies registered in the free zones enjoy complete exemption from income and profit taxes for long periods, which contributes to reducing operating costs.

Free transfer of funds: There are no restrictions on transferring profits or capital abroad, which provides companies with great financial flexibility.
Ease of Procedures: Registration and licensing procedures in free zones are fast and streamlined, with ongoing support to facilitate business operations.
Customs Exemption: Goods imported into free zones are exempt from customs duties, reducing supply costs.
Advanced Infrastructure: Dubai’s free zones offer world-class facilities including offices, warehouses, and logistics facilities, with advanced technology supporting businesses’ daily operations.
Specialized Business Environment: Many free zones offer dedicated environments for specific sectors such as media, technology, and trade, enhancing their chances of success in those areas.
Strategic Location: Dubai is ideally located between East and West, making it an important logistics hub for international trade.
Setting up a company in a Dubai free zone is not just an investment move, it is an opportunity to integrate into a growing global market with tremendous potential for growth and innovation.

Documents required to establish a company in the free zone

Dubai is one of the most prominent global economic centers, providing a stimulating investment environment for businesses thanks to its strategic location, advanced infrastructure, and policies that support foreign investment. Free zones play a pivotal role in supporting the local economy, offering various options for establishing companies in flexible ways that meet the needs of investors in various sectors. Establishing companies in free zones allows investors to benefit from unique advantages, such as tax exemptions and full ownership, while providing a specialized and suitable work environment for growth and innovation. Because the nature of business activity varies from one investor to another, Dubai’s free zones provide multiple types of companies to meet these different needs.

Types of companies that can be established in the Dubai Free Zone

Free Zone Limited Liability Company (FZ-LLC): It is the most popular option for investors, and allows high flexibility in determining the capital and number of shareholders. It is established as an independent company, and is suitable for small and medium-sized companies.
Subsidiary: If you already have an established company abroad and want to expand in Dubai, you can establish a subsidiary in the free zone while retaining ownership of the parent company.
Branch of a local or foreign company: This option allows you to open a branch of your existing company either inside or outside the UAE in one of the free zones, while benefiting from the facilities provided for this category.
Free Zone Establishment (FZE): It is established with only one owner, and is ideal for individuals who want to fully own their own project.
Partnership Company: This type of company can be established when there are two or more partners, as free zones allow for the organization of business partnerships in flexible and secure ways.
Innovative Company: Some free zones, such as Dubai Silicon Oasis, offer specialized options for establishing companies focused on technology and innovation, with additional support in this area.
Choosing the right type of company depends on the nature of the business activity and the investor’s future plans. Dubai’s free zones offer flexible options that ensure that the needs of different companies are met, regardless of their goals or sizes.

Our company’s role in establishing a company in the free zone

Establishing a company in the Dubai Free Zone is a strategic step that can bring great benefits to investors and business owners looking to expand into the Middle East and global markets. Thanks to its strategic location and advanced infrastructure, Dubai offers unique advantages for companies, including tax exemptions, freedom of foreign ownership, and ease of doing business with various countries around the world, making it an ideal destination for commercial and investment activities. With the facilities and easy conditions they provide, Dubai’s free zones are a favorable environment for companies of all sizes to achieve growth and expansion without restrictions, as they allow smooth access to global markets with flexibility in dealings.

However, establishing a company in the free zones may require a thorough knowledge of local procedures and regulations, and this is where Itqan Company comes in, providing full support to investors, starting from choosing the appropriate free zone and determining the type of business activity that achieves their goals. Itqan Company relies on its deep experience in the UAE market and its comprehensive understanding of legal and regulatory requirements, which enables it to facilitate every step in the establishment process, and provide professional advice that ensures that the business activity is in compliance with government regulations and requirements. This support is not limited to the establishment stage, but extends to providing accompanying services that enhance the stability and growth of the company in the market.

Cooperation with Itqan Company represents an additional advantage for investors who aspire to a safe and stable investment in Dubai, as it provides them with confidence and comfort at every stage of establishing their company. Ultimately, establishing a company in the Dubai Free Zone in cooperation with Itqan Company is a smart investment step that provides investors with operational security and financial efficiency, and gives them the ability to expand and grow sustainably, which contributes to achieving their business goals and achieving continuous success in a growing and diverse market.

Frequently Asked Questions About Establishing a Company in the Free Zone

What are the main advantages of establishing a company in the Dubai Free Zone?
Dubai’s free zones offer many benefits such as 100% foreign ownership, tax exemptions, no restrictions on money transfers, easy access to international markets, and advanced infrastructure and a global logistics network.

What types of companies can be established in Dubai’s free zone?
There are several types of companies that can be established in free zones, such as free zone limited liability companies (FZ-LLC), subsidiaries, and local and international branches, with options varying according to the investor’s needs and goals.

What are the documents required to establish a company in a free zone?
The required documents usually include a copy of the passport, personal photos, a registration application form, a business plan, and contracts or supporting documents depending on the type of company and the nature of the activity.

How long does it take to complete the procedures for establishing a company in a free zone?
The duration of the procedures varies depending on the type of free zone and the nature of the activity, but the procedures can usually be completed within a period ranging from two to four weeks.

What are the costs associated with establishing a company in a free zone in Dubai?
Costs vary depending on the type of license and the facilities required, and include registration fees, office or operational space rent, annual licensing fees, and any other free zone fees.

Does setting up a company in a free zone require a local sponsor?

No, setting up a company in Dubai’s free zones does not require a local sponsor, as foreigners are allowed to own 100% of the companies.