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Business setup in Dubai free zone

Step into a universe of opportunities, where the UAE offers a range of options for establishing your business in over 40 free zones across the country. Choose your way to success with Freezone company formation and make the world wonder!

An Overview of Freezone Company Formation

Welcome to the most trustable ThinkBiz Business Setup, your ultimate destination for company formation across 100+ freezones. We validate your enthusiasm and excitement to be part of the dynamic UAE freezone market, where you can establish your brand identity and dedicated vision to face challenges. Our talented and expert team is here to assist you every step of the way in this new phase of your journey, ensuring you find the best way to make a mark in your success stories. We’ve got the perfect location that aligns with your share capital requirements and flexible desk options, helping your business grow by making the whole process seamless and hassle-free. Begin your success story with ThinkBiz, where we turn your vision into reality and guide you effortlessly through the freezone journey, letting you focus on growth while we handle the rest.

Benefits of Freezone Company Formation

Popular Freezone Jurisdictions

In the UAE, several offshore jurisdictions are popular among businesses and entrepreneurs due to their favorable regulatory frameworks, tax benefits, and strategic locations. Here are the most notable offshore jurisdictions in the UAE:

Process of forming a free zone Company in the UAE

Choose a free zone

Research and select a free zone that aligns with your business activities and goals.

Determine Business Activity

Define the type of business activity you intend to conduct. This is essential as it will determine the required licenses and permits.

Choose a Company Name

Select a unique company name that complies with UAE naming regulations. The name should not violate any trademarks and should not be offensive.

Submit Application

Submit the application form along with the required documents to the chosen free zone authority

Pay Fees

Pay the necessary fees associated with the application, which can vary by free zone and type of company. This typically includes registration and licensing fees.

Obtain Licence

Upon approval, you will receive your business license, which is required to operate legally in the free zone.

Open a Bank Account

Open a corporate bank account in the UAE. You may need to provide the bank with your business license and other documentation.

Register for VAT (If Applicable)

If your company’s taxable supplies exceed the VAT threshold (currently AED 375,000), you must register for VAT with the Federal Tax Authority.

Complete office setup

Depending on the free zone, you may need to lease office space. Some free zones offer flexi-desk options for smaller businesses.

Obtain additional permits

Depending on your business activities, you may need additional permits from local authorities or other governmental entities.

Visa processing

Apply for residency visas for yourself, your employees, and any dependents through the free zone authority.

Required Documents for Freezone Company Formation

● Passport copies of the shareholders and directors
● A business plan outlining your proposed activities
● Proof of residence (e.g., utility bill)
● No Objection Certificate (if applicable)

Things to Consider for Setting up a Free Zone Company in UAE

No Requirement for In-Person Attendance

There is no obligation for individuals to be physically present during the company formation process.

Minimal Direct Engagement with Government Entities

Interaction with governmental bodies is kept to a minimum, simplifying the process for business owners.

VAT Exemptions

Businesses may benefit from being exempted from Value-Added Tax, reducing their overall tax burden.

Exemption from Corporate Tax

Companies may enjoy relief from corporate taxation, enhancing profitability

Diverse Business Structures Available

A wide range of business types can be established, allowing for flexibility in operations and ownership.

ThinkBiz’s Comprehensive Company Formation Services

Establishing a UAE Freezone Company

Obtaining a Trade License

Chamber of Commerce Registration

Assisting with Bank Account Setup

Arranging Director Visas for the Company and Family

Coordinating Office Staffing and Accounting Solutions

Meeting All Other Business Requirements

Start Your Journey to Freezone Success – Book Your Consultation Now!

FAQ’s

A Freezone Company is a business entity registered in one of the UAE’s economic zones that offers 100% foreign ownership, tax benefits, and streamlined processes. It is designed to attract foreign investors and provide a business-friendly environment with various incentives.
Key benefits include 100% foreign ownership, zero corporate and personal income tax, customs duty exemptions, full repatriation of profits, and access to world-class infrastructure.
The process typically takes between 1 to 10 working days, depending on the chosen free zone and the complexity of the business activities.
Yes, Freezone companies are allowed to conduct international business and trade freely outside the UAE, leveraging the country’s strategic location for global expansion.
Freezone companies can only trade within the UAE mainland through a local distributor or by establishing a branch office. Direct trade requires partnering with a mainland-licensed company.
No, Freezone companies allow 100% foreign ownership without the need for a local sponsor or partner, unlike mainland companies.
Many free zones offer flexible office solutions, from physical offices to virtual desk (Flexi-desk) options, catering to businesses of all sizes and needs.
Yes, Freezone companies can sponsor residency visas for their employees, as well as dependent visas for family members.
Freezones in the UAE cater to a wide range of business activities, including trade, manufacturing, consulting, IT services, finance, media, healthcare, and more, with certain freezones specializing in specific industries.
Common documents include passport copies of shareholders, a business plan, proof of residence, and a No Objection Certificate (NOC) if applicable. Specific documents may vary by free zone.

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