Free Zone Business Setup In UAE
UAE-free zones are specialized economic areas that offer foreign businesses attractive incentives and benefits to set up operations. These zones are designed to facilitate international trade and investment by providing advantages such as 100% foreign ownership, tax exemptions, full repatriation of profits, simplified company registration processes, modern infrastructure, and business-friendly regulations. With over 40 free zones across the UAE, each catering to specific industries and business needs, they play a crucial role in the country’s economy as hubs for innovation, entrepreneurship, and global connectivity.
Free Zone Business Setup In UAE
Welcome to Brightlink Business Setup, your gateway to company incorporation in over 80 UAE-free zones! With so many options to choose from, we understand the excitement and challenges you might be facing. But fear not! Our expert team is here to guide you through this thrilling journey, ensuring you find the perfect free zone that aligns with your business needs. We’ve got you covered, from location and pricing to flexible desk options and share capital requirements. Let us take the wheel, save you money, and make the whole process a breeze. Say goodbye to stress and hello to success with Brightlink Business Setup!
Benefits Of Establishing A Business In A Free Zone
List Of Top Free Zones In UAE
Here is a list of some of the top free zones in the UAE, known for their strategic locations, sector-specific focuses, and attractive incentives:
Dubai Airport Free Zone (DAFZA)
Dubai Multi Commodity Centre (DMCC)
Fujairah Creative City Free Zone
Sharjah Publishing City Free Zone (SPC Free Zone)
JAFZA
IFZA Dubai
Sharjah Media City (SHAMS)
RAKEZ
Important Considerations For Setting Up A Freezone Company In The UAE
Consider the following key points to remember when establishing a Freezone Company in the UAE:
- No Need for Physical Presence: In certain free zones, physical presence during company formation is not mandatory; it is only required during the visa processing stage.
- Limited Direct Interaction with Government Agencies: Freezone companies may need to have ease of direct dealings with Government agencies.
- Exemption from Value-Added Tax (VAT): Businesses operating outside the UAE are exempt from Value Added Tax.
- Corporate Tax Exemption: Freezone companies have to file tax even if they are below the threshold.
- Versatile Business Types: Freezone companies have the flexibility to engage in B2B activities anywhere in the UAE and B2C operations within the free zone and internationally.
Entity Options For Free Zone Company Formation In The UAE
Establishing a business in the UAE’s free zones is a seamless and straightforward process, thanks to the government’s efforts to attract foreign investors with minimal capital requirements. When setting up a company in the UAE free trade zones, entrepreneurs have the choice of three primary entity types:
Branch of a foreign or local company
Free Zone Establishment (FZE) with a single shareholder
Free Zone Company (FZC) with 2 to 5 shareholders
Required Documents For Setting Up A Business In The UAE
General Documents:
- Passport copies of the partners and business managers
- Passport size photograph
- Trade names
Documents for Branch of Companies:
- Attested copy of the registration certificate, incorporation certificate, and the Memorandum and Articles of Association (MAA)
- Original Board Resolution that guarantees the financial commitment of the branch
- passport copy of the shareholder
- Passport size photograph
Variety Of Business Licenses Offered In The UAE Free Zones
Obtaining a business license is an essential step in the process of setting up a business in the UAE free zones. Applicants have the option to obtain various types of licenses based on their specific business activities:
Steps To Set Up A Business In The UAE Free Zones
Learn the steps to establish your business in UAE free zones effortlessly.
Step : 1
Trade License Issuance
Decide on the type of entity you want to establish in the free zone, considering the capital requirement for that particular zone.
Step : 2
Select A Trade Name
Pick your company’s unique and permissible trade name, ensuring it is not already registered.
Step : 3
Apply For A Business License
Submit the required documents and apply for the appropriate business license based on your company’s primary activity.
Step : 4
Secure Office Space
Determine the suitable office space, either through purchasing or leasing, depending on your business’s needs.
Step : 5
Obtain Approvals And Register
Get initial approval, business approvals, and register your company on the free zone authority’s portal.
Step : 6
Obtain The License
Once the process is completed, you will receive your business license to start your operations within 2-4 weeks.
Business Setup In UAE Through Brightlink
Discover everything you need to know about setting up a business in the UAE.