Free Zone Business Setup In Dubai
Free Zone Business Setup in Dubai is an excellent option for entrepreneurs and investors looking for 100% foreign ownership, no corporate tax, and a supportive business environment.
Frequently Asked Questions
What is a Free Zone in Dubai?
A Free Zone is a designated area where companies can operate with 100% foreign ownership.
What are the types of companies that can be set up in a Dubai FZ?
Companies can be established as Free Zone Establishment (FZE), Free Zone Company (FZCO), and Branch Office. You can obtain any necessary approvals from other government authorities, such as the Ministry of Health or Dubai Municipality, depending on the type of business activity.
Advantages of UAE Free Zones for Investors
UAE Free zones allow 100% ownership and offer tax and customs privileges, making them attractive for investors. The Free Zone model characterizes global recognition and promotes business development. Moreover, UAE Free zones are highly sought after for international operations in the Middle East. Setting up a Free Zone Company in the UAE appeals to many business owners.
Procedure for setting up a business in a free zone in Dubai
The procedure for setting up a business in a free zone in Dubai typically involves the following steps:
Choose the type of legal entity and business activity
Select a free zone and apply for a trade name and initial approval
Prepare and submit the registration, along with the required documents
Obtain the necessary support and licenses
Lease office space and obtain residency visas
Register for VAT and other applicable taxes
Finally, Commence business operations.
It is important to note that the specific requirements and procedures may vary depending on the chosen free zone and type of business activity.