Best Free Zone Company Formation Services in Dubai for investors and entrepreneurs.
Free zone company formation in Dubai
Free Zone Company Formation in Dubai can be a stress-free process. With our creative strategy, get a speedy registration in any Dubai Free Zone.
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Money flows free with Free Zone Company
Dubai Freezones are specially designated areas where foreigners operate their businesses while retaining full ownership of their businesses. It is one of the most lucrative business strategies for expatriates no matter what nationality. Currently, there are more than 45 Free Zones in the UAE including Dubai and these zones have registered more than 8000 companies so far.
The Freezones of UAE has come to be known as the best trading hubs in the world. This came to realization due to the support offered by the UAE government for Free Zone Company Formation. Now, the process is affordable without any unnecessary badgering from the authorities. It is evident from the cost of registration free Free Zone Company Formation in Dubai at AED 11,900.
Before moving on to the process of Free zone company formation in Dubai, it is better to have a clear understanding of the phenomenon of Free Zone. For this, an investor needs to understand some key terminology discussed below:
What is a Free Zone License in UAE and Dubai?
A Free Zone license is a legal document that a company gets once it is approved to conduct its business in designated free zone areas. The type of license however depends on the type of business activity. Every free zone has its own license-issuing authority.
Trading license does not restrict an investor to choose only one activity for their business. They may choose many. But. then again this depends on the type of business and the free zone-specific policies. For example. SHAMS free zone allows investors to choose up to 3 business activities without paying any cost.
What is a Dubai Free Zone Company?
It is a legal entity with a trading license from a free zone authority to conduct business in the particular zone. There are two main types of companies that can be registered in free zone. but the most common one is Free Zone Establishment (FZE). FZE has only one shareholder.
However, if the number of shareholders exceed one, then a Free Zone Company ( FZC) should be registered.
Importance of Free Zone Company Formation Services in Dubai
Free zone company formation in Dubai is as convenient as it gets. Yet small carelessness can cause years of problems down the road in the form of various hindrances and let alone the price businesses pay for fixing these mistakes. Therefore it is advisable that you don’t leave the company formation process to chance:
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Our firm has a track record of success in free zone company formation in Dubai. We have indepth understanding of the legal structure of UAE, its trading policies and businesses issues.
Benefits of Free Zone Company Formation in Dubai
Take a look at the unexhaustive list of benefits that an investor or owner of the company gets when he/she gets our Dubai Free Zone Company Formation Services
- Politically the most stable conditions in the world.
- The most secure life condition
- Best law and order situation.
- Tax haeven for businesses.
Once a free zone company is incorporated in Dubai, the company incurs following benefits:
- 100% Foreign ownership.
- No corporate or Income tax.
- Eligibility to trade globally.
- 2-years investors Visa.
- Eligibility to hire employees (subject to Visa quota).
- No personal income tax.
- Only 9% corporate tax if eligible.
- 5% tax exemption on VAT in certain zones.
These are by no means an exhaustive list of benefits of Free Zone Company Formation in Dubai. CPA will ensure you dont miss any of these benefits and more.
Low-Cost Business license packages
Some zone offer a low-cost package to register a business in UAE. Example of some theses packages are given below:
- Marketing, legal and professionals can obtain license for AED 11, 743 (not including the visa adn other cost).
- A 3-year license for services professional costs AED 32, 712.
There are many packages like these. They cost lowers the regular licensing fees which is AED 11, 900 in Dubai.
Our Free Zone Company Formation Strategy
We are a one-stop solution for all your Free Zone company formation needs in Dubai. We take care of the registration process. Once you register with us, you shift all your worries to us regarding the free zone company formation in Dubai. When it comes to free zone company formation in Dubai, we are synonymous with speed.
We will take you through the following steps in your journey of Free Zone Company Formation:
- Free Zone Company Formation in Dubai.
- Acquiring a trading license.
- Getting you registered with the chamber of commerce.
- Company Bank account.
- Getting the director Visa and family Visa.
- Hiring the administrative staff, bookkeeping and accounting services.
FAQs About Free Zone Company Formation in Dubai
You don't need an office to register a Free Zone company.
A bank account can be opened in any bank operating in UAE.
Virtual and physical office spaces have different requirements. Typically, 1 visa is granted for 10 sqm.
Free Zone Company Formation in Dubai costs AED 11,000 subject to the activities and Visas requirements
The Main Free zones in Dubai include Dubai's south free zone, Jebel Ali free zone (JAFZA), Dubai Health care city, and Dubai silicon oasis.
9-step process to register a company in Dubai Free zones
It is a great milestone to get your company registered in the free zones of Dubai. These are the step you follow to successfully incorporate a company in the free zone.
- Identify the type of legal entity to be registered.
- Obtain Commercial license for trading companies
- Obtain service licenses for services companies.
- Select a trading name
- Know the facilities your particular license offers.
- Apply for an initial license approval
- Sign legal documents for company incorporation.
- Select an office space for the company.
- Acquire pre-approvals, then register your business and acquire the license.
Determine the correct type of legal entity for Freezone company formation
Although the UAE government has implemented a straightforward process of registering a company in Dubai free zone, identifying the type of legal status of the company is the most basic requirement. It sounds complicated but it really is not due to the fact that there are only two types of freezone companies that you can register. They are:
- Free Zone Limited Liability Company (FZ. LLC) or otherwise known as Free Zone Company (FZ Co.).
- Free Zone Establishment (FZE).
However, this should be kept in mind that all free zones register both types of companies. Both types are different in terms of the number of shareholders and the type of shareholder i.e. natural or legal person.
For this purpose. You can verify with free zone authorities about the companies that they register in their particular zones.
Requirements for Free Zone Company Formation in Dubai
Capital Requirements
- Following are the capital requirements in 4 of the Freezones:
- In Kizad: to form an LLC, the minimum capital requirement for paid-up capital is AED, 150,000.
- In Dubai Airport Free Zone: you are required to pay share capital in dominations of AED 1000 adding up to a total of AED 1000.
- In DMCC (Dubai Multi Commodities Centre): the minimum capital requirement for a free zone company is AED 50,000 and AED 10,000 for the company and shareholder respectively. But in order to get a General Trading License, a minimum of AED 1 million of share capital is required.
Documents Requirement
- Following are the documents required for Free Zone company formation in Dubai
- Passport copy and Visa entry Stamp.
- CV
- Proofs of address
- Application form for the company.
- Bank letter
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