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Free Zone Business Setup

Free Zone Company Formation

The main attractions of establishing an entity in one of the UAE’s Free Zones is that there are no foreign ownership restrictions and companies are governed by an independent Free Zone Authority (FZA), which is responsible for issuing operating licenses and regulating the activities of companies within the Free Zone.

Free trade zones are generally located in strategic geographical locations like national borders, international airports and major seaports, to maximize trading advantages.

Some examples include media free zones, such as Sharjah Media City, Dubai Media City and Fujairah Creative City and technology and IT free zones, like Dubai Silicon Oasis 

A free zone company cannot physically trade directly with the UAE market. However, the company can undertake local business through a locally appointed distribution agent and will incur a custom duty of 5%. Free zones cannot participate in government tenders

Free Zone Licenses

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Commercial License

Requires Commercial License for all trading activities.

Industrial License

Requires Industrial License for conducting manufacturing activities

Professional License

Requires Professional License which covers professions, services, craftsmen and artisans.

SHAMS Free Zone License

Documents Required

Set Up a Free Zone Company

Type Of Company

Determine which type of company you want to set up in any of the free zones. The capital requirement for such company depends upon that particular free zone where you want to setup a company.

Trade Name

After deciding the type of company, choose a trade name for your company you have to cross-check with the free zone department about the permitted trade names

Business License

After registering a trade name in the free zone authority, you have to apply for a trade license. The type of trade license depends on the activity of your business. You need to submit the valid documents while applying for the trade license.

Office

Free zone authorities give numerous options when it comes to choosing office space.You can buy or lease office in free trade zones.

Get The License

After getting the initial approval and name approval, register your company at the online portal, and get your trade license. It will only take 1-2 weeks to complete the process. Once you get the trade license, you are good to start your business activities.

Benefits

  • 100% foreign ownership (no requirement for a local partner/sponsor);
  • 100% repatriation of capital and profits;
  • 100% corporate and personal income tax exemption;
  • Absence of currency restrictions;
  • Wide variety of licensable activities;
  • Abundant and inexpensive energy;
  • Modern, efficient communications;
  • Logistic efficiencies due to business cluster effect;
  • Serviced desks and offices for SMEs and start-ups;
  • Excellent support services.

Free Zone Company

Legal Structure

—   Free Zone Establishment, with a single shareholder (FZE)

—  Free Zone LLC

—  Subsidiary

—  Branch

—  Representative Office

—  Holding Company

Free Zone Company Setup Process

01. Select your business activity

02. Choose your business legal Structure

03. Get approval for both business activity and Trade name

04. Apply for initial License approval

05. Apply for E-Channel 

06.Get License Approved

07.Getting an establishment card and apply for visa

08. Open Company’s Bank Account

Government Departments

We Work Closely with all Government Departments

Rakez Free Zone
hamriyah Free Zone Alfa Zone
international freezone authority
jebel ali free zone
Dubai South Free Zone
dubai airport freezone
dubai multi commodities center

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