Overview
Planning for a freezone business setup in Dubai, but confused how to start?
Don’t worry VIP PRO Services is here to guide through the entire process of starting a business in Dubai freezone. We are expert business setup consultants in Dubai who will provide you with specialized PRO services, VAT services, virtual office setup services, local sponsorship, bank account opening, and document attestation services to start your business journey in the UAE.
In this blog let’s understand why the freezone business setup has become the most preferable choice for foreign investors and what steps we need to follow for a freezone company formation in Dubai, UAE.
Why start a freezone business in Dubai?
Freezone business setup in Dubai is an ideal choice for entrepreneurs who are looking for a strategic location, complete business ownership, tax advantages, and global connectivity in their business.
Let’s uncover the major advantages of setting up a freezone company in Dubai.
- 100% Foreign Ownership
- Tax Incentives
- Easy Company Setup Process
- Add multiple business activities
- Business-friendly Regulations
- Full profit repatriation
- Simplified import and export process
- Strategic location
- Thriving expat entrepreneurs
- Global connectivity
How to start a freezone company in Dubai?
Freezone business setup in Dubai is a relatively easy and quick process that requires minimum documentation work.
The primary steps to starting a freezone company in Dubai include determining a legal entity, choosing a trade name, getting business licenses, registering your business, and getting all essential approvals.
Let’s understand every step of starting a freezone business in Dubai.
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Decide your Type of Legal Entity
Identify the right type of business structure for your business from various options such as limited liability company (LLC), branch office, or subsidiary. Before deciding on your legal entity you need to consider some factors like ownership, liability, and business requirements.
The major legal structures in UAE for starting a company are listed here:
- FZE LLC (Free Zone Establishment Limited Liability Company )
- FZC LLC (Free Zone Company Limited Liability Company)
- Branch Company
- Free Zone Company
- Free Zone Establishment
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Choose Your Trade Name
Decide a unique and relevant name for your business, reflecting the visions of your business. Make sure that your trade name is complying with all the legal requirements of the UAE.
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Register Your Freezone Business
Submit your application and all required documents for your freezone business setup in Dubai. Connecting with VIP PRO Services will ensure you are submitting all required documents, avoiding any mistake and delay. Entrepreneurs need to have the following documents to start a freezone company in Dubai.
- Application
- Immigration card
- Entry permit
- Emirates ID
- Passport copy
- Visa copy
- Emirates ID copy
- Passport photo
- Business plan
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Apply for Your Business License
After deciding on your business entity and the activities you want to add to your business, apply for your trade license in Dubai. VIP PRO Services is here to help you get your business license in Dubai quickly and easily.
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Open Your Bank Account
After an efficient freezone business setup in Dubai, we will also help you to open a bank account in the UAE. VIP PRO Services provides the best bank account opening service in Dubai to open your account in the most popular banks in the UAE. Our bank account opening service is available in these areas:
- Mainland Bank Account Opening
- Freezone Bank Account Opening
- Offshore Bank Account Opening
Popular Freezones to Start Your Business
UAE offers you several options for freezone business setup in Dubai. The best free zones in dubai, UAE for business setup are listed here:
- Dubai International Finance Centre (DIFC)
- Jebel Ali Free Zone Authority (JAFZA)
- Meydan Free Zone (MFZ)
- Dubai Multi Commodities Centre (DMCC)
- Abu Dhabi Global Market (ADGM)
- Dubai Media City
- Masdar
- Dubai Airport Free Zone (DAFZA)
- Dubai World Trade Centre (DWTC)
- Ras Al Khaimah Economic Zone (RAKEZ)
Ready to Start Your Freezone Company In Dubai
We have covered everything about a freezone business setup in Dubai including its benefits, process, and popular freezones. Hope it will help you to make wise and informed decisions.
Who are We?
VIP PRO Services is a leading business setup consultancy in UAE, helping foreign investors in conquering their Dubai business dreams.
If you are planning to setup your freezone business, contact us now and get the best business consulting services at affordable prices.
