Free Zone
Free Zone Company Formation in UAE
Free Zone Company Formation in UAE
Introduction to Free Zone Company Formation in UAE
One of the most attractive propositions for investors in UAE is the plethora of licensing options offered by number of Free Zone licensors in the UAE. These designated zones, tailored for specific industries and businesses, present a plethora of advantages that are unmatched by many global jurisdictions.
What Are Free Zones in the UAE?
Free Zones in the UAE are strategically demarcated regions that provide unparalleled business advantages to attract both local and international investments. These zones are designed with state-of-the-art infrastructure, bespoke facilities, and offer a range of incentives, including 100% foreign ownership, tax exemptions, and more. Whether it’s tech, finance, healthcare, media, or trade, there are Free Zone in the UAE tailored for every business need.
Why to Setup Your Business as Free Zone Company in UAE?
- 100% Foreign Ownership
- Opportunity for 0% Corporate Tax
- Exemptions from import/export duties
- Easy mechanism for value-added tax (VAT)
- Modern Infrastructure
- Business Support Services
- Flexible and scalable facilities
- Global Connectivity
Licenses issued by Free Zones in UAE
Understand the variety of licenses offered in the mainland to determine which aligns best with your venture.
- Establishment Companies:
Establishments Companies allows one shareholder (individual or corporate) to establish and manage a company independently. This is akin to one person companies in the mainland, granting shareholders the ease of operating without diluting holdings.
- LLC companies:
Similar to establishment licenses, where the number of shareholders are more than one, LLC companies are a perfect fit for any sort of business in the UAE
- Branch of Other Companies
Branch and representative offices are practical options for both foreign and domestic companies looking to grow from the UAE. They offer simplest way to enter the market without forming a new entity, while allowing to sponsor visas and obtaining offices in free zones.
- Freelancing
Easiest route to hit the market, many free zones in UAE offer freelancing license, which helps investors to self-sponsor visas, and doing business in the region.
Exploring Free Zones Across the UAE
While Dubai is renowned for its Free Zones, the entire UAE is dotted with these specialized zones catering to various sectors
Free Zone Licensing Options in Dubai Emirate
- Dubai CommerCity: Foremost digital free zone, promoting a business-friendly ambiance.
- Dubai Internet City: A dedicated zone tailored for emerging and established tech companies.
- Dubai Outsource City: A specialized zone catering to global outsourcing firms.
- Dubai Media City:A vibrant zone targeting the media and broadcasting industry.
- Dubai Production City: Concentrated on printing, signage, publishing, and related activities.
- Dubai Studio City: A thriving hub designed for the entertainment and production sectors.
- Dubai Knowledge Park: Centered on skill development, training, and human resource solutions.
- Dubai International Academic City: A hub catering specifically to academic and educational institutions.
- Dubai Science Park: Designed for industries like manufacturing, labs, and renewable energy.
- Dubai Design District: A bustling hub catered to design firms and creative agencies.
- Dubai Multi Commodities Centre (DMCC): Dubai’s nexus for trading, encompassing diverse economic sectors.
- Jebel Ali Free Zone (JAFZA): Premier free trade zone, offering duty-free imports and exports with close proximity to port.
- Dubai Airport Free Zone (DAFZA): Strategically positioned business hub adjacent to Dubai’s main airport.
- Dubai Silicon Oasis (DSO): A high-tech ecosystem offering premier lifestyle, houses Dtec, a tech-centric park.
- Dubai HealthCare City: Dedicated zone emphasizing health, wellness, and medical innovations.
- International Humanitarian City: A noble initiative promoting and aiding humanitarian causes.
- Dubai South: Master-planned city, encompassing the renowned aerospace hub.
- Dubai International Financial Centre (DIFC): Blends business and lifestyle, positioning Dubai as a financial titan.
- Meydan Free Zone: Renowned for its flexible commercial licenses and cost-effective licensing.
- International Free Zone Authority (IFZA): Nestled in Dubai Silicon Oasis, ideal for growing startup ventures.
Free Zone Licensing Options in Abu Dhabi Emirate
- Abu Dhabi Airport Business City (ADABC): Near Abu Dhabi Airport; offers unmatched logistics and licensing options.
- twofour54: Abu Dhabi’s hub for creatives, fostering innovation, collaboration, and business growth.
- Masdar City: A green city in UAE, offering strategic benefits and promoting trade.
- Khalifa Economic Zones Abu Dhabi Group (KEZAD): Automotive-centric hub in Abu Dhabi, featuring infrastructure and efficiency.
Free Zone Licensing Options in Sharjah Emirate
- Sharjah Airport International Free Zone (SAIF Zone): Ensures quick accessibility to air transport and key ports.
- Hamriyah Free Zone: Large infrastructure and logistics hub, promoting manufacturing and trade.
- Sharjah Media City (SHAMS):A dynamic media hub, catering especially to SMEs and individual freelancers.
Free Zone Licensing Options in Ras Al Khaima Emirate
- Ras Al Khaimah Economic Zone (RAKEZ): A multifaceted zone, hosting a variety of business sectors.
- Ras Al Khaimah Economic Zone (RAKICC): Tailored for offshore companies and corporate structures.
Free Zone Licensing Options in Ajman Emirate
- Ajman Free Zone: A competitive business environment with a variety of activities supported.
- Ajman Media Free Zone: A pulsating media hub, also catering to the creative sector.
Free Zone Licensing Options in Fujairah Emirate
- Fujairah Free Zone Authority: Offering solutions to businesses that need cost effective, large infrastructure.
- Creative City: Fujairah’s hub nurturing media-centric businesses and innovations.
Free Zone Licensing Options in Umm Al Quwain Emirate
- Umm Al Quwain Free Trade Zone (UAQ FTZ): Combines ease of doing business with cost effective options.
Step-by-Step Guide to Free Zone Company Formation in UAE
- Choose the Right Free Zone: Depending on your business type and objectives, select a Free Zone that aligns with your goals.
- Determine Business Activity and License Type: Clearly identify your business activities for appropriate licensing.
- Prepare Documentation: Ensure all necessary documents, from passports to business plans, are in order.
- Seek Initial Approvals: Gain initial nods from the Free Zone authority.
- Secure Office Space: Depending on the Free Zone’s requirements, lease a facility.
- Finalize Licensing and Registrations: Upon approval, finalize all license procedures and official registrations.
- Commence Operations: With all the permissions in place, you’re all set to kickstart your business journey in the UAE.
Cost of setting up business in UAE Free Zones
Starting from AED 5500, free zones in UAE offers packages tailored for startups and SMEs, making it cost-effective to start and run a business.The cost of setting up in a Free Zone varies based on the zone, business activity, and other factors. While packages are lucrative, it is important to choose a licensing option that meets the requirements of the business.
Schedule a free consultation with us to discuss your requirements, so we can send you an ideal licensing option with cost, timelines and other key factors to consider.
Our Free Zone Business Setup Services in UAE
Our dedicated team specializes in helpingentrepreneurs set up and scale their business in UAE free zones. Our services include:
- Consultation: Understanding your business requirements and guiding you through the best options you should consider.
- Documentation: Assisting in preparing and submitting all necessary documents.
- Liaison: Coordinating with relevant licensing authorities to ensure a hassle-free setup.
- Post-setup Support: Providing continuous secretarial support with license modifications, visas and compliance after your company is established.
Why Choose AE Formations for Free Zone Company Setupin UAE?
Our team will guide you through the entire process, ensuring a seamless beginning with your venture. No more endless paperwork, complicated regulations, or lengthy processing times. With us by your side, you can focus on what you do best – growing your business.
- Expertise: We have deep understanding of company law and regulations, and licensing conditions coupled with years of experience in LLC Company Formation.
- Quick Turnaround: We understand time is of the essence and hence developed internal processes and tools and references to expedite decision making. Our team ensures quick processing and approval.
- Licensed Corporate Service Provider: We are licensed as a corporate service provider and authorised to act on behalf of Clients. We comply with related laws and regulations including Anti Money Laundering regulations of UAE.
- Complete Transparency: We keep our clients informed of every process of formation out of pocket expenses and our professional fee and handover all original receipts of any payment incurred on client’s behalf. We offer straightforward, professional service.