Dubai Free Zone
Company Formation
Dubai, one of the most attractive cities in the United Arab Emirates (UAE), is widely recognized for luxury shopping, ultramodern architecture, and exciting nightlife entertainment. To create a global market and set the economy in the product and service sector, Dubai offers enormous opportunities to the booming entrepreneurs and business owners to establish small and medium companies, startups, and corporate in Dubai free zones. Dubai free zone company formation enables entrepreneurs and businessmen around the world to establish their dream companies and conduct legitimate business activities in Dubai.
business setup in Dubai free zone is cost-effective and comparatively easier for foreign direct investment (FDI). Dubai free zone company formation can enjoy several tax and custom duties benefits and get various opportunities to scale their businesses with relatively low capital.
Benefits Of Dubai Free Zone Company Formation
- Dubai free zone company setup is cost-effective
- 100% business ownership for foreign investors
- Easy way to repatriate profit and other benefits includes foreign exchange
- Tax and the custom exemption for 15 years
- Minimum business setup formalities and legal requirements
- Minimum renewal charges
- The best place to start a business within limited income and resources
- Easy Liquidating options
- Assistance with staff visas, housing amenities, and other support
There are three different business entities in Dubai Free Zone. They are as follows:
Free zone establishment is the sole proprietary that can have only one shareholder.
A free zone company is one of the legit categories with two or more shareholders. The shareholder can be a company or an individual.
A branch office setup is one of the vital opportunities to establish a company that works as a branch office of the parent company. The parent company can be in the UAE or a foreign company.
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License For Dubai Free Zone Company Setup
A valid trade license is required for establishing business and conducting activities within the Dubai free zone. A valid license is a primary requirement to initiate a legitimate business operation. There are different licenses available for Dubai free zone company formation including professional or service license, industrial license, trading license, and general trading license.
Different Free Zones in Dubai
- Jebel Ali Free Zone(JAFZA)
- Dubai South Free Zone(DSF)
- Dubai Silicon Oasis(DSO)
- Dubai International Financial Centre(DIFC)
- Dubai Internet City(DIC)
- Dubai Airport Free Zone(DAFZA)
- Dubai Health Care City(DHCC)
- Dubai Media City(DMC)
- Dubai Design District(D3)
- Dubai World Trade Center(DWTC)
- Dubai Knowledge Village(DKV)
- Dubai Multi Commodities Centre(DMCC)
Dubai Free Zone Company Formation Cost
Every free zone has its own formation cost, policy, procedure, and regulation. However, Dubai free zone company formation cost involves registration fees, license fees, visa fees, etc. Whereas, the registration fee is charged at the initial stages of business. Dubai free zone company formation cost may vary from the nature of business or type of business operation. Likewise, with registration and formation costs, a business will also incur license costs. The license fee is annually charged from businesses in the free zone and it differs from business to business and its type of license.
Booming Bytes Business Consultancy
Booming Bytes Business Consultancy is a renowned platform that enables entrepreneurs and investors to establish their business in Dubai Free Zones. Whether it is for company registration, licensing, or pro service, we’re the best choice. Reach us out to get the best Dhabi free zone company formation solution.