How to simplify business setup in UAE Free Zones

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business setup in uae free xones

Work with a best-in-class business setup services

Bizvisor is honored to assist you with your free zone company formation in the UAE. Our experienced team will assist you with launching your company in no time! 

We assist with:

  • Free zone business registration
  • Free zone licensing
  • Free zone residence services
  • PRO services

 

What is a free zone company in the UAE?

A free zone company is one that is registered in one of the 40+ free zones currently operating in the UAE. A free zone is an economic zone that follows its own specific rules and regulations, all of which are designed to be business and investor-friendly. 

Unlike mainland companies, UAE free zones permit 100% foreign ownership and are flexible in their terms.  You can even begin the process of establishing a free zone company without entering the UAE. This means that non-resident corporations can greatly benefit from UAE free trade zones, which include the simplicity of single-window administration and minimal bureaucratic red tape. In fact, UAE free zones have collectively attracted foreign direct investment in the form of 200,000 firms that contribute to GDP growth. 

The UAE government has established several free zones for specific commercial activity, promoting entrepreneurship and innovation. These offer flexi-desk and flexi-office configurations, access to free-hold property, and investor privacy with low reporting duties. 

Free zones differ from each other on their specific focus areas, costs and documentation, but the core benefits remain the same.

 

Advantages of UAE free zone company formation 

 

1. 100% ownership of your company

 The primary benefit of UAE free zones is that international investors may keep 100% ownership of their enterprises without needing a local partner. 

 

2. Financial benefits 

These include:

  • 0% income tax rate 
  • No customs taxes on imports and exports
  • 100 % repatriation of corporate earnings
  • Lower cost of business setup

 

3. Quick setup 

With the right assistance, UAE free zone business setup is smooth and can be done in a few hours. If you’re a busy entrepreneur, it is ideal to entrust Bizvisor’s skilled team to assist you with the complete process including selecting the right free zone for your business activity. 

 

4. Access to industry insights 

Many of the UAE’s free zones are industry-specific. This provides its entrepreneurs immediate access to a repository of information and experience from others in their sector.

 

5. Best-in-class infrastructure

Free zones offer readymade infrastructure that you can leverage, instead of building yours from scratch. State of the art working or coworking spaces, warehouse spaces, plots, media services, business parks. concierge services, lifestyle amenities for employees – gain access to all this and more when you sign up. 

 

6. Opportunity to work in growth markets 

The UAE is one of the top areas of economic growth in the world, making real progress in the media, tourism, healthcare, logistics, education, trading, exporting and IT sectors. Setup a free zone company in the UAE and tap into the demand in your vertical.

 

A list of free zones in the UAE 

Emirates in the UAE have created free zones to attract foreign investment and offer entrepreneurs an opportunity to realize their business goals. UAE Free Zones include: 

 

1. Dubai Free Zones 

Bizvisor can help you whether you only want to know how much a Dubai free zone license costs, or if you need to calculate the whole cost of establishing a Dubai free zone firm. Setting up a company in Dubai‘s Free Zones is a terrific opportunity to extend an existing business or establish a new one, thanks to 100% ownership and eased immigration regulations. 

 

2. Sharjah Free zones 

Sharjah Free Zones are an excellent choice for registering a business in the UAE. Sharjah free zones provide a contemporary and creative environment for startups and entrepreneurs in the media and technology sectors, and enterprises involved in commerce, import, and export. 

 

3. Ajman Free Zone

Ajman Free Zone Authority (AFZA) is a Free Zone at the entry point to the Arabian Gulf, ideal for merchants and related companies. Its principal goal is to strengthen the Ajman economy and provide a vibrant business environment for recruiting and retaining global entrepreneurs and investors. 

 

4. Ras Al Khaimah Free Zone 

Do you want to establish a business in Ras Al Khaimah or determine how much a trade license in Ras Al Khaimah costs? Ras Al Khaimah Economic Zone (RAKEZ) is a prospective jurisdiction in the UAE that provides free zone and non-free zone business registration. One of the main reasons investors and companies select RAKEZ is that they give the lowest company establishment cost in the UAE.

How to register a company in UAE free zones, step by step

1

Select your business activity

The type of license you require depends on the activities your business engages in

2

Choose your free zone

This will depend on your industry, location, budget, facilities and other requirements

3

Identify a business name

Follow regulations around suitable names and reserve your option with the chosen free zone

4

Complete your registration

Finish your formalities and make your payment to get your visa, license and set up a bank account

Documents needed to complete your UAE free zone business setup

The following is a list of documents needed for the process. Specific free zones may require additional documents. Bizvisor would be happy to assist you in collating your documents based on the free zone you select.

  • Application form with all fields filled out
  • MoA (Memorandum of Association) and AoA (Articles of Association)
  • References from bank (for some Free Zones)
  • NOC from current sponsor (if applicable)
  • Passport copy
  • Passport size photograph

 

How Bizvisor can help

At Bizvisor, we have a team of professionals who can fulfill all the requirements quickly so that you can focus on your business priorities.

 

Step-by-step guidance

From helping you understand UAE free zone company setup cost to putting together all the requirements for your application, our experienced team is on hand to guide you.

 

Partnerships with free zones

Leverage our close relationships with free zones in Dubai, Sharjah and other emirates.

 

Experienced team

Bizvisor has professionals with the right experience and knowledge to assist you with business setup, PRO services, concierge services, banking and more.

 

Contact us

 

Call us at +971 56 496 0040 to make the business setup process in UAE Free Zones hassle-free and affordable.

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FAQ’S

A Freezone license in Dubai permits companies to operate within designated economic zones, providing benefits such as 100% foreign ownership, tax exemptions, and streamlined import/export procedures.

The best free zone in the UAE depends on your business needs and objectives. Popular options include Dubai Multi Commodities Centre (DMCC) for trade and commodities, Jebel Ali Free Zone (JAFZA) for logistics and manufacturing, and Dubai Internet City (DIC) for tech companies. Each free zone offers unique benefits and incentives tailored to specific industries, so it’s essential to evaluate them based on your business requirements.

A Free Zone license allows for 100% foreign ownership, with no requirement for investors to partner with a UAE national during the formation process. In contrast, forming a Limited Liability Company (LLC) requires having a UAE national as a local partner or local service agent.

Registering a company in a Dubai Free Zone offers numerous benefits, including 100% foreign ownership, exemption from personal income and capital gain taxes, full repatriation of profits and capital, competitive import/export duties, and a strategic global trade location. Additionally, businesses gain access to extensive facilities and services tailored to their needs.

Choosing a Free Zone can be advantageous for many businesses due to benefits like 100% foreign ownership, tax exemptions, and simplified setup processes. While you can also establish your company as a Sole Proprietorship, LLC, or Professional Services Company on the mainland or offshore, Free Zones are particularly appealing for their streamlined regulations and business-friendly environments.

Most FreeZones do require a physical office space. Bizvisor can help you find suitable office options that comply with these requirements.

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