How to establish a company in the Dubai Free Zone Establishing a company in the Dubai Free Zone represents an important strategic step for any investor seeking to benefit from the advanced business environment that the city provides. Dubai, as one of the most prominent business centers in the world, offers many benefits to companies that choose to establish in free zones, such as tax exemptions and customs facilities, as well as the freedom to fully own ownership by foreigners. But the establishment process requires a deep understanding of the legal and administrative requirements and procedures, and here comes the role of Itqan Company as a primary supporter for investors.

Itqan Company provides comprehensive services to assist in all stages of establishing the company, from choosing the most appropriate type of license until receiving the final license. This includes providing specialized advice to help you determine the appropriate type of business activity and choose the free zone that best suits your needs. Itqan also provides assistance in preparing all required documents, including passports, articles of incorporation, business plans, and office lease contracts.

Moreover, Itqan Company contributes to accelerating the establishment process by interacting with government agencies on your behalf, ensuring compliance with all legal requirements and avoiding any delay. Thanks to Itqan support, you can focus on developing your business strategies and innovating new solutions, while all administrative and technical aspects are handled professionally. Cooperating with Itqan Company not only contributes to accelerating the process but also ensuring that it runs smoothly, making it a reliable partner in your journey towards success in Dubai.

How to establish a company in the Dubai Free Zone

Basic steps to establish a company in the Dubai Free Zone

Establishing a company in the Dubai Free Zone is an important strategic step for any investor seeking to benefit from the advanced business environment that Dubai provides. Free zones offer a range of benefits such as tax exemptions, customs facilities, and complete freedom of ownership for foreigners, making them an ideal destination for commercial activities. To make the most of these opportunities, specific steps must be followed to ensure smooth incorporation and compliance with all legal and administrative requirements. In this article, we will review the basic steps you need to follow to establish a company in the Dubai Free Zone, helping you plan and implement the incorporation process effectively.

• Determine the type of business: The first step is to determine the type of business you want to engage in. This involves choosing the right activity based on your business goals and market opportunities. You will need to know what types of licenses are required for your business.
• Choosing the appropriate free zone: Dubai has a number of free zones specialized in different fields. Choose the free zone that best suits your business based on its geographical location, available infrastructure, and the benefits it offers. Make sure the area provides the right facilities for your business needs.
• Preparing the required documents: Prepare all the basic documents required to establish the company, which include the passports of partners and managers, the license application form, the articles of incorporation, the business plan, and lease contracts for the company’s offices. Ensure that all documents are complete and accurate to avoid any delays.
• Submitting a license application: Submit a license application to the responsible authority in the selected free zone. Make sure to submit all required documents and pay the necessary fees. A specialist company like Itqan can help speed up this process by providing advice and supporting procedures.

Basic documents required to establish a company in the Dubai Free Zone

Establishing a company in the Dubai Free Zone is an important step that contributes to achieving business goals effectively, as the free zones in Dubai provide an ideal environment for growth and innovation thanks to the advantages they provide such as tax exemptions and customs facilities. To achieve a smooth and quick establishment, it is necessary to prepare the required basic documents that play a pivotal role in completing the registration and licensing process. In this article, we will review the basic documents you need to establish a company in the Dubai Free Zone, which will help you accurately understand the requirements and avoid any delays in the procedures.

• Passports of partners and directors: Copies of passports of the main partners and directors of the company must be submitted. These documents are necessary to verify identity and meet government agency requirements.
• License application form: The license application form is a document that must be filled out and submitted to the responsible authority in the free zone. The form contains basic information about the company’s activity and details about partners and directors.
• Articles of Association: Articles of Association are a legal document that defines the company’s structure, names of partners, shares owned, and business purposes. This document must be prepared and signed by all partners.
• Business Plan: Free zones require the submission of a business plan that explains the nature of the business activity, target market, growth strategies, and financial projections. This document helps demonstrate the feasibility of the project and attract investments.
• Lease Contract: A lease contract must be submitted for an office or commercial space in the free zone. This contract proves that the company has a workplace and meets registration requirements.

Costs associated with setting up a company in the Dubai Free Zone

Costs associated with setting up a company in the Dubai Free Zone

Establishing a company in the Dubai Free Zone is a process that requires a financial investment that reflects the significant benefits that these dynamic business environments offer. Dubai’s free zones offer a range of benefits such as tax exemptions and customs facilities, making them an attractive destination for investors. However, it is important to have a clear understanding of the costs associated with the incorporation process to ensure accurate financial planning and effective resource management. In this article, we will review the basic costs associated with setting up a company in the Dubai Free Zone, helping you understand the expected expenses and be well prepared for the next steps in your business journey.

• License fees: License fees include the cost of obtaining a commercial license from the responsible authority in the free zone. These fees vary based on the type of license and business activity, and are a major component of expenses to take into consideration.
• Office or commercial space rent: Office or commercial space rent costs are one of the essential expenses that you need to save for. Prices vary depending on location, size of space and available facilities, and should be part of the establishment costs.
• Registration and legal procedures fees: These fees include legal registration costs that include preparing legal documents, registering the company, and completing official procedures. You may need legal advice to help you prepare documents and submit applications.
• Document processing costs: Document processing costs include preparing articles of incorporation, business plans, and submitting licensing applications. These costs also include any fees related to obtaining NOCs or other necessary documents.
• Administrative services fees: You may need to pay fees for administrative services such as business consulting, preparing market studies, and providing support in interacting with government agencies. These services help expedite the incorporation process and ensure compliance with all requirements.

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

At the conclusion of the process of establishing a company in the Dubai Free Zone , it clearly appears that cooperation with Itqan Company can have a significant impact on the success of this strategic step. By benefiting from Itqan’s expertise, investors can simplify the legal and administrative procedures associated with the incorporation process, which contributes to making the most of the advantages provided by free zones in Dubai. The journey begins by determining the appropriate type of business activity and choosing the most appropriate license, and continues by preparing the required documents and submitting the necessary applications to government agencies.

Itqan Company contributes to providing specialized consultations that ensure that all legal requirements are met and compatibility with local regulations is achieved, which contributes to avoiding any problems that may lead to delaying the process. By providing support in preparing documents, handling government procedures, and providing guidance during all stages of incorporation, Itqan allows investors to focus on developing their business strategies rather than being concerned with complex administrative aspects.

Cooperation with Itqan is not only limited to accelerating establishment procedures, but also extends to providing valuable advice on how to invest in available opportunities and maximize returns. Thanks to professional support and in-depth knowledge of all aspects of the establishment process, Itqan can be an essential partner in achieving ambitious business goals, making it an excellent choice for investors wishing to enter the Dubai market with maximum efficiency and effectiveness. Thus, establishing a company in the Dubai Free Zone through Itqan Company is a pivotal step towards success and sustainable growth in one of the most vibrant business environments in the world.

Frequently asked questions about establishing a company in the free zone