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Freezones in Dubai

Freezones in Dubai

COMPANY REGISTRATION SERVICES WITH ECONOMIC DEPARTMENT & FREEZONES ALL OVER UAE

Dubai Freezone Company Formation

The UAE business environment is divided into two sectors: onshore and offshore. Its onshore sector is dominated by local business interests, with restrictions on foreign ownership while the offshore sector consists of free zones that are open foreign investors. Our line of business setup services in Dubai provides foreign investors with the help they need in forming their business on Dubai’s freezones.

There are no taxes to speak of, on or offshore, but 100% foreign ownership and customs privileges make the free zones the most favorable locations in the Middle East for international operations. We offer our professional and proficient services for free zone company formation in Dubai systematically to clients who wish to set up their business in the following areas:

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Free Zones offer the following incentives
to investors:
  • 100% foreign ownership
  • No corporate taxation for 50 years; renewable for an additional 50 years
  • Freedom to repatriate capital and income
  • No personal income tax
  • Full exemption from import duties
  • No currency restrictions
  • No bureaucratic red-tapism
  • No recruitment problems
  • Modern efficient communication
  • State of the art infrastructure
  • Abundant Energy
Key Benefits Investors Enjoy by Setting
up a Business in Dubai Freezone:
  • 100% Foreign Ownership
  • 100% Repatriation of Capital and Profits
  • 0% Corporate, Personal Tax
  • Exemption from all Import and Export Duties
  • Free Zone Company Formation is Quicker than Incorporation outside of the Free Zones
  • Inexpensive Workforce and Easy Recruitment Procedures
  • Typically, no restrictions on recruiting labour
  • ‘One-stop-shop’ for Administration Services
  • On-site Customs Inspection
Free Zone Limitations

A Free Zone Company is not allowed to trade directly with the UAE market. The Free Zone business can undertake the local business only through locally appointed distributors. Custom Duty of 5% is applicable for the local business. Even though Dubai free zone company formation ensures investors can walk away with many attractive schemes, not all are the same when we consider the facilities offered by them. Therefore it will be worthwhile to look over the facilities offered by each in a one by one manner. The details mentioned below are for the guidance of the investors, and the facilities may be subject to change from time to time when such decisions are being taken by the authorities in charge of free zone company formation in Dubai. It is important that new investors get in touch with EMN Chartered’s consultants for latest details before they plan a business setup in UAE Free Zone.

UAE is the only country in the Middle East where a big number of Free Trade Zones and Free Industrial Zones are available for investors who wish to gain more from their investment. The first Free Zone formed was Jebel Ali, Dubai, in 1985 which witnessed a tremendous growth in the years to come by way of increased number of investors. Many have established their offices, factories or warehouses and invested millions which in turn had given them huge returns from the UAE Free Zones. That is precisely the reason why even more foreign investors are being attracted nowadays to the UAE Free Zones. Currently, over 12.000 companies, many of which being major brands, operate under the UAE Free Zones Authority. You can get in touch with us to know more about Dubai free zone company registration.

Documents Required for Registering a Business in the UAE Free Zones

There are some similar formalities to be completed with regards to the documents which are submitted to each free zone depending upon the type of business an investor chooses. In general, the following are the main options:

  • Free Zone Establishment (FZE) (One individual share holder).
  • Free Zone Company (FZCO) (More than one member).
  • Branch Office

All of the above types may not be available to every free zone; therefore, an investor should seek the advice of a consultant who is well versed in free zone company formation in Dubai to finally arrive at whether his choice is possible in the concerned free zone and also to know about the details of documents needed. However for the advantage of the investors so that you get a head start on Dubai free zone company formation, descriptions of documents commonly needed are being listed below:

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FREE ZONE ESTABLISHMENT (FZE)

Application form duly filled
Business profile of the owner
Passport copy of the owner
Original bankers reference

FREE ZONE COMPANY (FZC)

Business profile of individuals
Passport copy of owners
Original bankers reference
Board Resolution
Manager’s valid passport copy
Specimen signature of the manager
Original FZCO application

BRANCH

Certificate of Registration
Memorandum and Articles of Association
Board Resolution
Manager’s passport copy and his attested signature
Parent company‘s profile

Note: Application for license, Passport copy & Bank reference of each individual, Project summary and Application for registration are common for any business set-up.

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