What is a business license in the Dubai Free Zone?
Companies that are established in Dubai are subject to the laws and regulations that regulate the investment process and provide investors and businessmen with ease of procedures, including obtaining a commercial license in the Dubai Free Zone to establish a business, and this is what we will talk about in this article.
Advantages of obtaining a commercial license in the Dubai Free Zone
Obtaining a commercial license in the Dubai Free Zone provides the investor with many advantages that will help in establishing all sizes of companies and owners of different nationalities. Among the advantages of obtaining a commercial license in the Dubai Free Zone are the following:
- Many free zones in Dubai are suitable for various business activities.
- Full tax exemption on companies and personal income up to 50 years.
- The strong and advanced infrastructure in the free zones helps in establishing businesses.
- Full right to 100% foreign ownership of the company.
- Freedom to recover capital and dispose of profits by 100%
- Providing dual licensing opportunities.
- Freedom to form multiple options for administrative and legal structures.
- No restrictions on currencies.
- Freedom to employ foreign resources and human resources.
Types of companies in free zones
- Free Zone Company (FZE)
You need to document some of the required documents. All types of companies can be established and only a commercial office is required.
- Free Zone Establishment (FZE)
Documenting some required documents, all types of companies can be established, obtaining a commercial office, and registering the company as a free zone establishment.
- A branch of a foreign company outside the UAE
The parent company requires ownership of the branch, and all types of companies can be established, and only a rental office is required to conduct business.
- A branch of a company inside the UAE.
It is required to present a valid license from the department responsible for granting licenses and obtain an office to practice work.
Need help getting a business license in Dubai Free Zone?
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