Establishing a company in the free zone. The free zones in the United Arab Emirates are considered one of the ideal environments for establishing companies, as they provide many advantages and facilities that make them an attractive destination for investors and businessmen from around the world. One of the most prominent of these free zones is Dubai, which is a global center for trade and investment thanks to its advanced infrastructure and strategic location. Establishing a company in the Dubai Free Zone offers great opportunities for growth and prosperity, thanks to flexible laws and legislation aimed at encouraging foreign investment and providing an ideal business environment.

Cooperating with Itqan Company in establishing a company in the free zone adds great value, as Itqan is distinguished by its extensive experience in the field of establishing companies and providing legal and administrative consultations. Itqan provides comprehensive support from the planning stage to the actual operation of the company, ensuring investors focus on developing their business without worrying about bureaucratic procedures. In addition, Itqan provides integrated services that include issuing licenses, renting offices, and facilitating government transactions, making the establishment process smooth and free of complications.

One of the main advantages of establishing a company in a free zone is tax and customs exemptions, as companies operating in these zones can benefit from tax exemptions of up to 50 years, in addition to the ability to import and export goods without paying customs duties. Free zones also allow 100% foreign ownership, which enhances the independence of investors and enables them to manage their businesses efficiently and effectively.

Thanks to these advantages, Dubai free zones become a preferred destination for investors seeking to expand their business in the Middle East and North Africa region. Cooperating with Itqan Company on this investment journey ensures success and sustainable growth thanks to the continuous support and high-quality services provided by the company.

Establishing a company in the free zone

Types of licenses available in free zones

Free zones in the United Arab Emirates play a pivotal role in attracting foreign investments and strengthening the national economy. These areas provide a flexible work environment and many benefits for investors, including tax exemptions, customs facilities, and advanced infrastructure. One of the most important advantages offered by free zones is the diversity of licenses available to companies, allowing investors to precisely choose the license that best suits their type of business activity. In this article, we will review the types of licenses available in free zones and their importance to investors.

• Commercial License: A commercial license is the most common type and is granted to companies that wish to engage in commercial activities such as import and export, distribution, and wholesale or retail. This license allows companies to deal in a wide range of products and goods.
• Industrial License: An industrial license is granted to companies operating in the fields of manufacturing and production. This license includes activities that require the establishment of factories or production units, and allows companies to benefit from customs facilities and other benefits provided by free zones for manufacturing industries.
• Service license: A service license is granted to companies that provide various services such as consulting, information technology, marketing, financial services, and others. This type of license allows companies to provide their services inside and outside the free zone.
• Logistics license: A logistics license is granted to companies that work in the field of logistics services such as warehousing, transportation, and distribution. This license allows companies to manage supply chains and provide integrated logistics solutions to customers.
• Media License: Media license is granted to companies working in the fields of media and media production, such as radio, television, publishing, and film production. This license allows companies to operate in an environment that supports innovation and media creativity.
• Educational license: Educational license is granted to educational institutions such as schools, institutes, and universities. These institutions can provide diverse educational and training programs that meet the needs of the local and international market.
• Health License: A health license is granted to companies operating in health care fields such as hospitals, clinics, and medical centers. This license allows the provision of integrated health services in accordance with international standards.

Costs associated with establishing a company in the free zone

The United Arab Emirates is considered one of the leading investment destinations in the world, as it provides an encouraging and supportive business environment for investors of different nationalities. Free zones in the Emirates are one of the main factors that attract investors, due to the multiple advantages they provide, such as tax exemptions, customs facilities, and advanced infrastructure. But before starting the incorporation process, it is important for investors to be aware of the costs associated with establishing a company in these regions. In this article, we will review the main costs that must be considered when establishing a company in a free zone .

• License fees: License fees are one of the basic costs when establishing a company in a free zone . These fees vary depending on the type of license required (commercial, industrial, service, etc.) and the free zone in which you choose to establish the company.
• Registration fees: Registration fees include the costs of officially registering the company in the government records of the free zone. These fees cover the legal and administrative procedures associated with the incorporation process.
• Office rental costs: Renting an office or work space within the free zone is a major cost to consider. Rental costs vary depending on the size of the office, its location, and additional services provided.
• Insurance costs: Insurance costs include protecting the company from potential risks such as physical damage or legal liabilities. Insurance is essential to ensure business continuity and asset protection.
• Translation and documentation costs: Some free zones require company documents to be submitted in Arabic or English, which requires official translation and documentation services, which is a cost that must be taken into consideration.
• Legal Consulting Costs: The use of legal consulting services may be necessary to ensure compliance with all local laws and regulations. These costs include preparing contracts and providing necessary legal advice.

Benefits of establishing a company in the free zone

Benefits of establishing a company in the free zone

The United Arab Emirates is one of the most attractive countries for foreign investments, due to the stable economic environment and advanced infrastructure it provides. Free zones are considered one of the main factors that contribute to attracting investors, as they provide a wide range of advantages and facilities that make them an ideal destination for establishing companies. In cooperation with Itqan Company, investors can benefit from its extensive experience in establishing companies and make the most of these advantages. In this article, we will review the main benefits of establishing a company in a free zone .

• Tax exemptions: Companies in free zones enjoy long-term tax exemptions of up to 50 years, allowing companies to benefit from their full profits without having to pay taxes on income or profits.
• Full foreign ownership: Free zones allow foreign investors to own 100% of their companies without the need for a local partner, giving them full control over their business and strategic decisions.
• Customs facilities: Free zones provide customs exemptions on imports and exports, which reduces customs costs and enhances the competitiveness of companies in global markets.
• Advanced infrastructure: The free zones have an advanced infrastructure that includes modern offices, advanced logistical facilities, and advanced communication services, which helps companies operate efficiently and effectively.
• Fast and simplified establishment procedures: The procedures for establishing companies in free zones are characterized by speed and flexibility, as most procedures can be completed within a few weeks thanks to the support provided by companies such as Itqan.
• No restrictions on repatriation of profits: Companies in free zones can repatriate profits and capital to their home countries without any restrictions, providing significant financial flexibility to investors.
• Flexible business environment: Free zones allow companies to operate in a flexible business environment without the bureaucratic restrictions they may face in other places, facilitating the process of operation and expansion.

Our company’s role in establishing a company in the free zone

Establishing a company in the free zone in cooperation with Itqan Company constitutes a smart strategic step for any investor looking for a distinguished and supportive work environment. The advantages provided by free zones in the Emirates, especially in Dubai, in terms of advanced infrastructure, strategic location, and flexible legislative environment, make it one of the most attractive destinations for foreign investments. Cooperation with Itqan Company enhances these advantages by providing integrated and customized services that meet the needs of investors and guarantee them a smooth and complications-free experience.

Itqan Company is characterized by a qualified work team and extensive experience in the field of establishing companies, which enables it to provide specialized advice and comprehensive support in every step of the establishment. From initial planning and choosing the appropriate location, to issuing licenses and dealing with government procedures, Itqan provides a comprehensive solution that allows investors to focus on growing their business instead of being preoccupied with administrative and bureaucratic matters. This type of support is invaluable, especially in a fast-paced and changing global business environment.

In addition, free zones provide attractive tax and customs benefits, such as long-term tax exemptions and the ability to import and export goods duty-free, which enhances the competitiveness of companies and increases the chances of achieving profitability and sustainable growth. It also allows 100% foreign ownership, giving investors full control over their business and enhancing their ability to make strategic decisions freely.

The conclusion reflects how the combination of the unique advantages of free zones and the distinguished services provided by Itqan Company constitutes an ideal combination for any investor looking for success in the dynamic Dubai market. The continuous support and integrated services provided by Itqan ensure not only a strong start for new companies, but also sustainable growth and long-term stability. By establishing your company in the free zone in cooperation with Itqan Company, you will open wide doors of opportunities and guarantee yourself a reliable partner who will support you in every step of the way towards success and excellence.

Frequently asked questions about establishing a company in the free zone