DUBAI FREEZONE

What is a Freezone?

A Free Zone is an area in Dubai governed by its own set of regulations that are specific to businesses operating within the zone. When setting up a company in a Dubai free zone, it falls under the jurisdiction of the respective free zone authority.

Dubai free zone company formation provides numerous networking opportunities, collaboration prospects, and extensive business growth possibilities. With an attractive tax regime and various incentives offered by free zone authorities, Dubai emerges as a preferred destination for investors looking to establish companies.

Dubai boasts over 30 free zones offering a wide array of business activities for company setup, including:

Advantages of Dubai Freezone Company Registration:

Registering a company in a Dubai free zone offers several benefits for entrepreneurs and investors, such as:

Complete ownership of the business.

0% corporate tax.

Simplified import and export procedures.

Strategic location with global connectivity.

Thriving expat entrepreneur community.

Diverse range of business activities.

Time-saving and straightforward registration process.

Choose a Business Activity:

Determine the business activity you wish to undertake, as the type of license you apply for will depend on the nature of the business activity. Many Dubai free zones allow for multiple business activities, providing various options to explore.

Find a Free Zone:

Once you've decided on a business activity, choose the free zone that best suits your requirements. Dubai offers sector-specific zones catering to industries such as IT, healthcare, commerce, and trading. Conduct thorough research before selecting a particular free zone.

Choose a Company Name:

Before finalizing your company name, ensure its availability for registration on the Dubai Free Zone Authority portal. Adhere to specific naming standards, avoiding profanity or references to religious or political organizations.

Gather Documents and Apply for a License:

After selecting the business activity and registering the trade name on the portal, proceed to apply for a license. Complete the application form and gather the required documents, including those for visa applications if necessary. Upon submission, you'll receive a valid license within 2-4 weeks.

Open a Corporate Bank Account:

Facilitate the process of opening a bank account by gathering necessary documents and presenting them to your chosen financial institution along with your business license.

Types of Licenses for Dubai Freezone Company Formation:

Dubai free zones offer various types of licenses to cater to different business needs:

Trading License: Enables trading activities such as importing, exporting, and selling a limited range of commodities.

General Trading Activities: Allows trading of all types of goods with exemptions on certain banned products.

Service License: Suitable for companies offering consulting,
accountancy, and similar services.

Industrial License: Permits manufacturing, packaging, and processing activities.

Types of Licenses for Dubai Freezone Company Formation:

Dubai free zones offer various types of licenses to cater to different business needs:

Free Zone Establishment (FZE)

Free Zone Company (FZC)

Branch Office (FZC)

Documents Required

Essential documents for Dubai free zone company formation include:

Color copies of shareholder(s)’ passport and visa (if applicable).

Application form.

Business plan.

Board resolution.

Memorandum and Articles of Association (MAA).

For Opening a Bank Account:

Required documents for opening a bank account include:

Corporate account opening form.

Board of directors’ resolution authorizing account opening and signatories.

Company’s certificate of incorporation.

Share certificate.

Memorandum and Articles of Association (MAA).

Passport copies of all partners.

Dubai Freezone Company Registration with Commitbiz:

Commitbiz specializes in assisting with company incorporation in Dubai’s Free Trade Zones, providing comprehensive support with documentation, licensing, visa applications, banking procedures, and more. Contact us for seamless Free Zone Company Registration in Dubai, and our expert team will guide you through the process.