Dubai Freezone Company Formation

With the growing economy in UAE and infinite business opportunities, the Dubai government has introduced Dubai Freezone Company Formation. Dubai Free Zone are zones designated by relevant authorities where companies can be 100% foreign-owned and they don’t require a 51% local partner ownership.

Entrepreneurs who chose Dubai Freezone company formation are allowed to work in the UAE and run their operations in the free zones where the company is registered. The first free zone emerged in 1985. Today in Dubai alone there are more than 20 free economic zones each of them was established to serve the needs of a particular industry.

Types of free zone licenses in Dubai 

Trading License

The trading License in Dubai Free Zone is easiest to obtain compared to other business licenses. It is for companies dealing with general trading or a specialized trading activity.

Industrial License

Companies engaged in manufacturing, producing, fabricating, or indulged in any other special activity, needs to obtain an Industrial License. 

General Trading Activites

Trading all types of goods, with an exemption on a few banned products needs special approval with this type fo license

Service License

Companies dealing in activities like consulting, accounting, etc can apply for service licenses for company formation in Dubai Free Zone.

Types of business entities allowed for Dubai Freezone Company Formation

Free Zone Establishment

Free Zone Company

Branch Office

Procedure for Dubai Freezone company formation

  • Decide a business activity
  • Find a free Zone
  • Choose a company name and register the trade name
  • Collect all the necessary documents 
  • Apply for license
  • Open a corporate bank account

Documents required for business setup in Dubai Free Zone

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

Major Free Zones in Dubai we work closely with

Documents required

 

  • Application form
  • Passport copies of shareholder’s management and sectary
  • Description of companies activities
  • Article of Association

 

The number of shareholders required in Jebel Ali Free Zone 

Jebel Ali free zone company requires between two to five shareholders.

 

 JAFZA

 One of the largest business communities in the region, JAFZA Dubai caters to the requirements of all companies regardless of size, industry, or sector. Business in JAFZA has a single point of contact that handles all administration, documentation, and applications, allowing companies to focus on their operations and begin their business with ease and speed. Jebel Ali Free Zone offers a wide range of facilities that are perfect for the present and flexible for future enterprises.

 DMCC

Dubai Multi Commodity Centre (DMCC)  is by far by one of the most reputable free zones in Dubai. It is one of the best areas where you could register your company. DMCC free zone is home to the Dubai Gold and Commodities Exchange and also to the Dubai Diamond Exchange. It also accommodates tea and coffee centers, which encourages agro commodities growth. Over 14000 companies have registered in DMCC free zone..

Documents required

 

  • Passport copies of the applicant
  • NOC from the UAE sponsor
  • Proof of residence
  • Business plan proposal

 

The number of shareholders required in DMCC:

DMCC  company requires a minimum of 20 shareholders.

Documents required

  • Passport copies of the applicant
  • Application form
  • NOC from the UAE sponsor
  • 6 month’s personal bank statement

 

The number of shareholders required in DAFZA:

DAFZA free zone company requires a minimum of one shareholder and a maximum of 50.

 DAFZA

Dubai Airport Free Zone Authority(DAFZA) is one of the fastest-growing free economic zones in Dubai. It operates and manages all business licensing and registration in Dubai Airport Free Zone. DAFZA has a geographical advantage and provides excellent opportunities for businessmen. It provides 100% foreign ownership and excellent infrastructure facilities. Setting up your business in DAFZA provides tax benefits and incorporates your business at a minimal cost. DAFZA is the most dynamic city in the world.

 

 Dubai Internet City Free Zone

Dubai Internet City Free Zone(DIC) is among the initiatives of the Dubai government, to make global hub for knowledge and innovation. It is one of the best places for the IT business setup. It provides a 100% exemption of tax and also there is 100% foreign ownership.

Documents required

 

  • Passport copies of the applicant
  • NOC from the UAE sponsor
  • Proof of residence
  • Business plan proposal

The number of shareholders required in Dubai Internet City Free Zone:

Dubai Internet City free zone company requires a minimum of one shareholder and a maximum of 50.

Benefits of Dubai Freezone Company Formation

  • 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

Business setup in Dubai Free Zone made simple

Dubai Freezone Company Formation is one of the best opportunities for businessmen. It helps in networking, collaborating, innovating and ultimately leading to the growth of the company.  Dubai Free Zone is a type of business which is 100% owned by the owner itself. There is no agent or sponsor required to manage the venture. Dubai has more than 20 free zones, offering lots of business activities.

Get your free zone business setup in Dubai within no time with the help of our team of experts. Contact MSZ Consultancy for business solutions, we will guide you through every step of your business, and make your dreams come true. 

Request a callback

Would you like to speak to one of our business advisors over the phone?  Just submit your details and we’ll be in touch shortly. You can also email us if you prefer to.

1407, Mai Tower, Al Nahda, Dubai
United Arab Emirates, P.O.Box 19845
+971 58 982 7842
+971 4 229 7508
info@mszconsultancy.com

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