Steps for Company Formation

Let’s explore the process of forming your company in the SRTIP Free Zone. Here are the steps you’ll want to take for the best results:

1. Choose Your Business Activities and package
   The first step will be to choose the business activities you intend to conduct. Many business consultants, like MSZ, offer packages that allow you to choose multiple activities for one low price.

2. Obtain Approvals
   Apply for initial approval. This involves verifying that your business complies with regulatory and legal requirements and is in good standing with government authorities.

3. Apply for Visa
   You'll need to apply for a visa for yourself, shareholders, and potential employees. You won't need a visa if you intend to operate from outside the UAE.

4. Open Bank Account
   You'll need a bank account to conduct business and freely exchange funds. The UAE offers many trusted banking institutions that can help you handle your finances.

5. Pay Fees and Receive License
   Once you’ve paid any remaining fees, you’ll receive approval and your business license. This license grants you legal authority to conduct business in the SRTIP Free Zone.