Dubai Free Zone is one of the most prominent economic destinations in the world, attracting investors and businessmen from all over the world. These areas are distinguished by offering a range of financial incentives and commercial facilities that make them an ideal environment for establishing companies and expanding businesses. With its advanced infrastructure and strategic location, Dubai Free Zone provides companies with the opportunity to access global markets quickly and easily. In addition, these zones offer 100% freedom of foreign ownership and attractive tax exemptions, making them a preferred choice for investors looking for a supportive and flexible business environment. Through this article, we will review all the details about the advantages of the Dubai Free Zone in establishing companies and investing in Dubai.
Dubai Free Zone
Dubai Free Zone
Dubai is distinguished by the fact that there are many free zones in addition to many areas under construction, as the number of free trade zones in Dubai is 40. There are many people who have recently traveled to Dubai, especially the free zones in Dubai, as there are many free trade zones in Dubai. Benefits that differ from other places are not charged and are subject to full tax exemption laws. Plus, working with them is better than anywhere else, and it’s possible for a person to own the company without a sponsor. So if you are one of the investors who want to start doing business in Dubai and want to have a company in Dubai. All you need to use our company is the best company to start and equip a business in the free zone. You can contact our company by calling the company number and get what you want as soon as possible.
Steps to establish a company in Dubai
Establishing a company in Dubai requires following a set of main steps. Here are the basic steps:
- Choosing the company type : Determine the appropriate legal entity type (such as a limited liability company, a branch of a foreign company, or a free zone company).
- Selection of business activity : Determine the company’s main business activity and ensure its compliance with local laws and regulations.
- Determining the trade name : Choosing a trade name that is consistent with local laws and regulations and obtaining approval from the competent authorities.
- Submitting a license application : Submitting the documents required to obtain a commercial license, which may include copies of passports, a personal photo, and the company’s articles of association.
- Choosing the company headquarters : Choosing the location of the office or company headquarters, whether in a free zone or within the city.
- Obtaining approvals and permits : Obtaining the necessary approvals from the competent government agencies, such as the Department of Economic Development and other regulatory authorities.
- Opening a bank account : Opening a bank account for the company to manage financial operations.
- Preparing legal documents : Preparing the required legal documents such as the company’s articles of incorporation and articles of association.
- Payment of fees : Pay the fees required to issue the license and registration.
- Receiving the commercial license : Receiving the commercial license and starting commercial operations legally.
Some procedures and details vary depending on the type of company and location chosen. Assistance can be obtained from consulting companies such as “Itqan” to facilitate the process and ensure compliance with all legal procedures.
Establishing companies in free zones
Establishing a business in free zones in Dubai is one of the things that many investors have been busy thinking about recently, as investing in free zones has become one of the most profitable projects that generate significant revenues for their owners, as free zones in Dubai have become special places, and consumers are becoming… More solid. In addition to the ease of commercial laws in free zones, various institutions and activities are not subject to labor laws imposed by the competent authorities on the rest of the local institutions.
Anyone can own a business within the free zone without the need for a partner or sponsor in the United Arab Emirates. There is also full tax exemption. In addition, there are no fees, and since the process of starting a business is one of the things that requires effort and good planning, it helps its clients start working in free zones and provides them with the most suitable equipment for the activity. So if you want to have a company in the best free zone, all you need to switch to our company is to have a great experience that will help you create the best companies.
The importance of free zones for establishing companies in them
The best company for establishing companies
Itqan Company is one of the leading companies in the field of establishing companies in Dubai and the United Arab Emirates. Our company offers a comprehensive range of services that facilitate the process of establishing companies and help investors achieve their goals effectively and quickly. Among the most prominent features of Itqan:
- Extensive experience : The company has extensive experience in the field of establishing companies and providing legal and commercial consultations.
- Diversity of services : Itqan provides various services, including establishing companies in free zones and the mainland, in addition to services for obtaining commercial and economic licenses.
- Legal Consultation : The company provides full legal support to ensure compliance with all local laws and regulations.
- Full support : “Itqan” provides comprehensive support, starting from choosing the appropriate type of company until receiving the required licenses, which saves investors time and effort.
- Communication with government agencies : The company undertakes all procedures related to communication with government and regulatory agencies, which makes it easier for investors to deal with bureaucratic procedures.
- Specialized services : “Itqan” provides specialized services that include providing financial and tax consultations, in addition to marketing and business promotion services. Thanks to these advantages, Itqan is an ideal choice for investors seeking to establish successful companies in Dubai.
In conclusion of this article, despite the challenges that the Dubai Free Zone has faced over the years, it still constitutes the centerpiece of the emirate’s economy and one of the most important factors for its growth. The free zone continues to attract foreign investments and local and international companies thanks to the incentives and facilities it provides. It also plays a pivotal role in enhancing Dubai’s position as a global center for trade and business. In light of the ongoing developments and expansion plans, the Dubai Free Zone is expected to continue to maintain its leadership position and enhance its contribution to the emirate’s economy in the coming years.
Frequently asked questions about Dubai Free Zone
What is the free zone in Dubai?
The Dubai Free Zone is a specialized economic zone that enjoys special facilities and incentives to encourage foreign investment and international companies to establish their projects there.
What features and incentives does the Dubai Free Zone provide?
The most prominent features are: full ownership by foreigners, tax exemption, ease of establishment procedures, advanced logistical services, and high-quality infrastructure.
What areas does Dubai Free Zone focus on?
The free zone focuses on diverse sectors such as trade, technology, energy, tourism, healthcare, and logistics.
How can companies benefit from the free zone in Dubai?
The free zone allows companies to benefit from tax and legislative incentives, in addition to the ability to access the region’s markets and link them to global markets.
