Company Set Up in a UAE Free Zone
UAE Free Zones
UAE free zones are fascinating places for new foreign investors who want to start a business with 100 % of its ownership. These zones offer 100% ownership along with zero taxes and many other benefits for the company owners. This makes free zones the most suitable location for international investors.
Hence, a Business Setup in Freezone needs a license, and the FreezoneLicenses in UAE are allotted based on the particular trade activity of the company. This is where you can get professional assistance from MW Mideast. We help you establish FreezoneBusiness Setup in Dubai without any hassle and quickly.
What Are Free Zones?
Key Reasons to Opt For Free Zone
Businesses related to the service industry perform better in city markets. Common examples include:
- Retail stores
- Eateries
Few of the locations in the trade zone may lead to costing you more than renting space in the city market.
Some Benefits Of UAE Free Zone Company Registration
- 100% tax exemption
- 3 years visas for the investors themselves along with their family and staff
- Low cost for high-quality labor
- More chances of growth due to ideal location
- 100% ownership of the business
- Separate and independent opening up of bank account and its safe working
- Transport networks and roads are developed in a modern manner
- Greater opportunities for import and export
- Virtual office facilities are also available
- Much fewer restrictions related to staff recruitment
- 100% repatriation of capital and profits
- Most significant quality infrastructure
- Additional services, such as housing and sponsorship
In short, the free zone is an ideal space for any kind of local or international business. A Business Setup in Freezones is the best of all regional distributions and is the center for all trading activities. With its fast-growing popularity, much of its business is also conducted outside UAE.
Types Of Free Zone Entities
There are two main types of free zone corporate entities:
- Free zone Establishment (FZE)
- Free Zone Company (FZC)
The significant difference between both companies lies in the number of shareholders requires.
- Establishment: An establishment is a single shareholder either and that single shareholder can either be a single person or a company.
- Company: A company is basically an LLC, and it requires two or more shareholders who give the same benefits.
- Each of these free zone entities has to get registration in the companies of their own side of the business and each of them has a different cost, structure, goals, aims, and requirements.
- Branch Office: It is another legal structure available in most free zones. A branch office is one where the shareholder is the parent company registered outside the region of a free zone. It can either be outside UAE or outside the UAE-based company.
Requirements For A Free zone Company Formation In UAE
Following are some key requirements you need to fulfill if you want to build a Free zone Company Setup in UAE.
MW Mideast Services For UAE Free Zone
While Company Registration in UAE free zone, the MW Mideast’s support and guidance can help you to avoid the complexity of the procedure and can be time-saving. Services offered by MW Mideast are
- Providing the best guidance and strategic ideals while selecting a suitable free zone company for you.
- Help in preparing all sorts of documents and handling all of the paperwork.
- We assist you in selecting the trade name for your company and further make its approval very easy for you.
- Assistance in government approval.
- Thorough guidance for bank account opening.
- Our experts give you professional guidance regarding the registration process and its continuity.
- We help you by making this process easy for you and reducing the time duration of this procedure.
If you are planning to Start a Business in Dubai or any other state of the UAE, you just need to seek advice only from an individual who works in the field of business, as during this difficult and complex process, you have to deal with legal issues and complicated norms.
MW Mideast consultants have always appeared to be the best while providing expert suggestions when it comes to Business Setup in Dubai, Abu Dhabi, or any other emirate of the UAE. Our highly professional business startup specialists give you all the support and services to help you with Company Formation in Dubai and all other services in this regard.
Benefits of Your Business Setup in Dubai Free Zone
Some advantages of having a Business Setup in a Free Zone and how it operates are as under:
- Ownership Of Business:
The most significant advantage of setting up a Free Zone company is that you can retain 100% ownership of your business without any local service agent.
- Financial Benefits:
Some other financial benefits of a Free Zone Company Formation are that it has a 0% corporate tax rate and 0% income tax rate. Also, there is no duty charged on imports and exports, and one can repatriate 100% capital and profit.
- Business License:
A Free Zone company formation in UAE firstly requires the approval of a trading license. The license can be of three types:
Commercial License: This license covers all types of trading activities.
Industrial License: It covers all the manufacturing businesses and the companies that involve in the process of transforming raw materials or semi-formed materials into final products. It also involves the processing of goods, packaging of items, and in the end preparing them for sale.
Professional License: This type of license is given based on the skills and expertise of either an individual or a company, and it covers the range of professional services, management opinions and ideas, and public relations.
- Sector-Specific:
A very important factor that can provide great and strategic opportunities to free zone companies is that the UAE free zone companies are sector-specific. It provides foreign investors and business owners to share and access the best knowledge and expertise from other companies in the same field.
Frequently Asked Questions
1. What is The Cost of the UAE Free Zone License?
2. Do I Need To Reside in UAE For A Free Zone Company Registration?
3. What is The Cost of Commercial and Office Space in Free Zone Company?
Our Packages
| Services | Benefits | Basic | Basic+ | Premium with 1 visa | Ultra premium with 1 visa |
| Freezone Company Formation (Online/Remotely) | Free Consultation | ||||
| Filling out License application and other forms | |||||
| Communication and follow up | |||||
| Company Stamp | |||||
| Duration | 3-7 business days | 3-7 business days | 3-7 business days | 3-7 business days | |
| UAE Residency Visa (applicant required inside UAE) | Filling out applications | ||||
| Providing step-by -step instructions |
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| Medical and biometric application |
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| Residency Visa issuance |
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| Pick and drop for medical and VIP biometrics |
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| Duration | Upto 30 Days | 5-7 Business Day | |||
| Bank account opening | Introduction to banks | Outside UAE Banks |
Outside UAE Banks |
Outside or Local UAE Banks |
Outside or Local UAE Banks |
| Documentation Assistance |
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| Compliance Assistance & Advisory |
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| Complimentary Service | Introduction to Real Estate Brokers | ||||
| Cost | AED 12,520 | AED 14,095 | AED 27,656 | AED 31,331 | |
| book a consultation | book a consultation | book a consultation | book a consultation |