Business Setup in Dubai Free Zone

Full company ownership with business registration in Dubai Free Zone

Do you want to do business in Dubai but don’t like the idea of having a local sponsor? If you’re wanting full ownership in your company, then the Free Zone is the perfect option for you. One of the most popular advantages for foreign entrepreneurs is that Dubai Free Zone allows 100% foreign ownership. This is just one of the many benefits to the business in the Free Zone.

Dubai alone has more than 20 Free Zones in the emirate that range in a wide variety of activities. Each area is equipped with state-of-the-art infrastructure, tax exemptions, world-class business amenities, and flexible government policies.

5 Easy Steps for Dubai Free Zone Company Setup

Dubai Free Zone business setup is a quick and easy process, especially with the help of expert consultants like MSZ Consultancy by your side. There are certain formalities and procedures that need to be completed in order to get your business registered in the Free Zone. MSZ Consultancy is happy to guide you through the entire business setup process.

01

Choose a business activity

The first step to Free Zone business setup in Dubai is choosing the type of business activity you will carry out. You won’t be able to apply for a business license until you’ve defined your business activity.

02

Find a Free Zone

Once you’ve decided on your business type, then you’ll have to decide on what type of Free Zone is right for your company. There are over 20 Free Zones in Dubai. Some of the zones are sector-specific, like IT, healthcare, trading, etc.

03

Choose a company name

Next, you’ll have to choose your company name. There are several requirements you’ll have to meet for your name to be approved. For starters, you can have a name that is already registered. You’ll also have to avoid using any blasphemous language, religious references, or political organizations.

04

Gather all the documents and apply for a license

Now, you’ll have to apply for your business license. The type of license you need will all depend on your business activity. In order to do this, you’ll have to fill the application out, gather all the required documents, and get it all submitted. You will get your business license in about 2-4 weeks. You can also apply for your visa during this step.

05

Open a corporate bank account

After you get your business license, you’ll have to submit that, along with other required documents, to the bank that you’ve chosen to set up your company account with.

Documents Required

Application license form
Shareholder’s passport copy
Shareholder’s visa copy
NOC
Business plan
Board resolution
Memorandum of association
Articles of association

Free Zones in Dubai for Business Setup

As we mentioned earlier, there are over 20 Free Zones in Dubai that offer 100% foreign ownership and tax-free benefits. Some zones focus on certain industries, so you’ll have to make sure to do your research before choosing the right Free Zone for your business setup. Here are the most popular areas for Free Zone Business Setup in Dubai:

Jebel Ali Free Zone Business Setup

Jebel Ali Free Zone Business Setup

JAFZA is one of the fastest-growing zones in the region, it’s also the most expensive. Over the years, the zone has attracted some of the biggest and most reputed businesses across several industries. The area provides unlimited possibilities for industrial development with direct access to a market of over two billion people.

DMCC Business Setup

DMCC Business Setup

The Dubai Multi Commodities Center has everything to set up, grow, and build your business. The DMCC is located in Jumeirah Lakes Towers and is home to a vibrant community, world-class infrastructure, and a prime location. DMCC is just minutes away from air, sea, and roadways to the world. The Zone continues to grow because of its trading sector and networking options.

Dubai Media City Business Setup

Dubai Media City Business Setup

This Zone has become a global media hub that provides an advanced infrastructure for media-related businesses to operate in and out of Dubai. This is a place where various media companies can operate together. This includes printing and publishing, music, film broadcasting, media consultancy, and more.

Dubai Internet City Business Setup

Dubai Internet City Business Setup

This zone has the Middle East’s biggest ICT infrastructure. It’s designed to boost technology, education, new media, and science. Dubai Internet City is made up of the world’s top internet and communications technology companies, including Microsoft, Oracle, Dell, Canon, and more. There are plenty of networking opportunities, commercial offices, business centers, and conference facilities in this Free Zone.

Dubai Airport Free Zone Business Setup

Dubai Airport Free Zone Business Setup

The Dubai Airport Free Zone is a booming area for transport and logistics. The DAFZA is strategically located next to the Dubai International Airport, making it a gateway for global investors looking for a business in the Middle East region. Not only is the zone in a prime location, but there are other great advantages to a company here like 24/7 customs services and rapid cargo clearance, state-of-the-art infrastructure, and a dedicated logistics center.

DIFC Business Setup

DIFC Business Setup

The Dubai International Financial Center caters to companies that provide financial services by overseeing the strategic development, operational management, and administration. The zone is committed to creating value for its stakeholders with a four-tiered management strategy that includes: maintaining Dubai’s reputation, providing world-class infrastructure, ensuring financial stability for companies, and supporting client growth.

Dubai South Free Zone Business Setup

Dubai South Free Zone Business Setup

This area was previously called Dubai World Central. It serves as an economic zone to support logistics, aviation, commercial, exhibition, and other businesses that are related to the Al Maktoum International Airport. An industrial license, logistics license, trading and general trading license, service license, and education license are all available in this Free Zone.

Licenses Available for Dubai Free Zone Company Setup

Although different areas in Dubai have different requirements for business formation, one thing that remains the same across the board is a business license. All companies are required to have a license, or your business won’t be considered legal. The business license that you apply for will depend on the type of company you have. Here are the licenses that are available for Dubai Free Zone business setup.

Trading License

This license allows a business owner to carry out trading like buying, importing, exporting, and selling a certain number of commodities.

General Trading Activities

There are less restrictions with a general trading license. With this license, you can trade all types of goods, although there are a few banded products that will require a special license.

Service License

A company or person that plans to make their profits from providing a service will need this license. This includes consulting, accounting, advertising, beauty salons, lawyers, etc.

Industrial License

With an industrial license, your company can carry out all aspects of packaging, processing, manufacturing a product. These licenses are issued by the Department of Economic Development.

Industrial License

Advantages of Business Setup in Dubai Free Zone

  • 100% ownership of your UAE company
  • Taxation benefits
  • Handy office and warehouse facilities
  • Secrecy of operations is maintained
  • Flexibility to engage in international business
  • Lesser renewal charges
  • Exclusion from all import and export duties
  • The option of liquidating anytime
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Types of Business Entities Allowed in Dubai Free Zone

Before registering your company, you’ll have to understand the difference between a Free Zone Establishment and a Free Zone Company. While both have the same functions, there are different requirements regarding requirements for the share capital. Here are the business entities available in Dubai Free Zones:

Free Zone Establishment (FZE)

This type of company can be registered with one individual or a corporate shareholder.

Free Zone Company (FZC)

A free zone company is similar to a limited liability company and must have two or more shareholders. A shareholder can be an individual or a company.

Branch Office

A branch office company is allowed in a Free Zone. This is a business that has a company somewhere else. A branch of the company can be formed in a Dubai Free Zone

Dubai Free Zone Business Setup with MSZ Consultancy

Company registration in Dubai Free Zone is a fairly easy process, but there are still many legal procedures you will have to go through, and many decisions you will have to make. One simple mistake can cause a delay in your business registration process. Don’t let anything stand in the way of your dream business. Let the experts at MSZ Consultancy guide you through the process without any hassles. We know all the legal procedures and have all the right connections to help make your Dubai Free Zone business setup a quick and easy process. Looking more information for your Dubai Free Zone company setup? visit the official portal of UAE or call us at +971 52 544 1248 for your free consultation.

WHAT WE DO?

MSZ Consultancy is your one-stop-solution for business consultants in UAE for business setup in Dubai and across all seven Emirates. Our team of experts has in-depth knowledge in the field of consultancy and will guide you through the set-up process while also offering financial consultancy and infrastructural guidance.

HOW DO WE HELP?

We help with all aspects of business setup, including business plans, trademark and logo registration, translation services, finding a local sponsor, and more. We also help get your company registered with the correct government authorities and help you apply for visas. We do all the legal work so you can focus on the core of your business.

WHY CHOOSE US?

MSZ Consultancy is one of the few consulting companies in Dubai that provides valuable insights to customers to help them embark on a successful business journey. We offer innovative strategies at the best quality. Customer satisfaction is our top priority. We believe in the values of our principles and strive to provide the best services to our customers.

Trademark Registration

Trademark registration will help you protect your brand from imitation and help you create more revenue and brand recognition. We can help with anything related to trademark services for your Free Zone company.

Local Sponsorship

If you need a local sponsor, we can help find a reliable partner for your business. A local sponsor is required for Mainland business setup in Dubai and will require 51% of shares in the company.

PRO Services

Our Public Relations Officer will handle all your documentation and clearing services. Our PRO services offer help with family visas, passport clearance, regulatory approvals, and more.

Bank Account Assistance

It’s important to have a bank account in the UAE for your company. Each bank has different requirements. We will help work with the bank of your choice to make sure you don’t have any issues opening your account.

Product Registration

Cosmetics, food, health products, and some others have to be registered before they can be manufactured and distributed in Dubai. MSZ Consultancy can help with the product registration process.

Business Centers

Do you need a fully furnished office for your building or an empty one to add your own customizations? We have strategically located Business Centers throughout Dubai. We can help find the perfect office space for your building.

Company Liquidation

No business wants to face having to close their company or cease operations. Company liquidation can be a long and tedious process. We can help by providing you with an easy exit strategy. We will help you go through all the legal procedures to successfully end your company.

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