Free Zone
- 100 % foreign ownership
- 100% repatriation of capital and profits possible
- No foreign exchange controls
- No customs duties, import/export taxes exemption.
- Shared services and synergies with other companies
- Shared offices and virtual office facilities
- A one stop shop facility for processing of all documentations
Free Zone Company formation in Dubai & UAE
The introduction of Free Zones has led to the drastic transformation of the economic market of the UAE in the several years. The pioneer in the Free Zone Empire in the UAE is Jebel Ali Free Zone, which was started in Dubai in 1985. It rapidly grew providing a powerful economic inspiration to the other Emirates, which later set up their own Free Zones to attract investment.
UAE Free Zones are designed according to specific or different business industry categories and offer licenses to companies and entities within those classifications.
Each Free Zone is managed by separate Independent Free Zone Authority, which is responsible for issuing business permits and licenses, employee visas and regulating the business requirements.Each Free zone has its unique rules and regulations.
Free Zone entities may trade, import/export with entities within the free zone or outside UAE. Free zone entities may buy from UAE, but, in case they need to sell goods to the main land of UAE they have to employ the services of a distributor or agent in the main land who will be liable to pay custom duty as if the purchase from the free zone entity constitutes an import into UAE. A free zone company cannot directly sell or provide any services to entities or other parties outside the free zone but within the mainland of UAE without an authorized agent or distributor in the mainland of UAE.
Types of Entities
In a Free Zone- all enjoy 100% ownership
Capital requirement:
Minimum capital is specific to each free zone depending up on the type of entity.
Facilities on offer at Free Zones:
- Land for lease – for construction of ware house and office.
- Pre-built ware houses and offices.
- Offices
- Executive offices
- Serviced desk
- Flexi offices
- Virtual office
They are many free zones that cater to the requirements of businesses. Each free zone differs in terms of the location, cost, permitted activities, available infrastructure, number of visas allowed etc. The free zone to be chosen for a new company depends on the nature of business activity.
Our experts help new entrants into the country by offering compatible choices with optimum benefits.
Cost of formation of Free Zone companies in Dubai & UAE
The cost of formation of a Free Zone company and cost of office space etc differs from one free zone to another.
Some of the Free Zones have devised extraordinary cost effective packages with options like virtual offices with minimum number of visas. This is suitable for small and medium type startup companies.
We can provide the cost structure and the documents required to form a company in different Free Zones according to the proposed activities of the company.
We can offer comprehensive services in all the aspect of company formation:
- Advising of choosing the right free zone after evaluating the business activities and the requirement of the prospective investors.
- Liaison with respective Free zone authorities in obtaining initial approval.
- Preparation and drafting of legal and other documents for the formation of the company.
- Assist in identifying the office space and other facilities.
- Assisting in visa procedures.
- Assistance in obtaining the approvals, clearances and license from the Free zone authorities.
We are channel partners with Dubai Multi Commodities Centre (DMCC), Meydan, International Free Zone Authority (IFZA), DUQE Free Zone, Sharjah Research Technology and Innovation Park (SRDIP), Sharjah Media City Free Zone (SHAMS).
We also provide company formation services for TECOM and all other major Free Zones in UAE