Free Zone Company Registration in UAE | legal advocates in dubai
Free zone company registration in UAE has increased in popularity among investors since it allows easy access to various resources, tax incentives, and much more for starting a business in a free zone in Dubai. The fact that 100% foreign ownership is allowed in Dubai’s free zones has made them very popular with investors.
Our experienced lawyer will assist you in preparing all documentation and setting up a company of your choice with advice on the best option to start your dream business in one of the free zones in UAE to avail of tax benefits.
The Benefits of Registering a Free Zone Company in the UAE
- It is not required to obtain a NOC (No Objection Certificate) from the present employer.
- Companies operating in free zones are not required to have paid-up share capital.
- Companies in free zones have the option to set up businesses under common law.
- It is not essential for a Free Zone Company to have a real office location.
- Companies operating in free zones will have a corporation and income tax advantage of 0%.
- A remote incorporation is an option for Free Zone Companies.
- Companies in free zones have the flexibility to establish their businesses in areas or cities where employee health insurance is not required by law.
How to set up a free-zone company in the United Arab Emirates?
In the UAE, registering a free-zone company primarily entails the following three steps:
- Getting a business license
- Obtaining a residency permit for the UAE
- Obtaining a residency permit for the UAE
Depending on the requirements of the local Free Zone where the business is to be formed, a few Free Zones in the UAE demand a minimum paid-up share capital to be paid at the time of the UAE Free Zone Company Registration.
Free Zones in Dubai
- Dubai Airport Free Zone (DAFZ)
- Dubai Technology, Electronic Commerce and Media Free Zone (TECOM)
- Dubai Internet City (DIC)
- Dubai Media City (DMC)
- Dubai Health Care City (DHCC)
- Dubai Multi Commodities Centre (DMCC)
- Dubai International Financial Centre (DIFC)
- Dubai Maritime City
- Jebel Ali Free Zone (JAFZA)
- Knowledge Village (KV)
- The Gold & Diamond Park (GDP)
- International Media Production Zone (IMPZ)
Free Zones in Other Emirates
- Sharjah: The Emirate of Sharjah offers two free zones, the Sharjah International Airport Free Zone as well as the Hamriyah Free Zone.
- Ras Al Khaimah
- Ajman, Fujairah, Umm Al Quwain
- Abu Dhabi
FAQ about Free Zone Company Registration in UAE
1- How to start a business in UAE free zone?
- Determine the legal entity type.
- Select a trade name.
- Obtain a business license by applying.
- Select a workspace.
- Obtain preliminary permission, register your company, and obtain your license.
2- How to open Free-zone company bank account in UAE?
- Use your resources effectively.
- Aids in the productive expansion of your company.
- Business finances are simple to handle.
3- What is a Free Zone Company Registration in UAE?
An FZE or FZC is a limited liability company that is subject to the rules and regulations of the Free Zone in which it operations. A Free Zone Establishment (FZE) is a limited liability business with one shareholder that can be formed in any UAE Free Zone.
