Free Zone Company Formation

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The Best Free Zone Company Formation Consulting and Strategy Specialist.

A free zone is a geographical territory or jurisdiction in the UAE that is permitted to perform a certain economic activity or group of activities. A license is required for a business to be established in a Dubai Freezone, and licenses in Dubai and the UAE are provided based on the company’s specific business activity.

Dubai Freezone Licenses are granted based on the company’s specific commercial activity. Some new free zone locations are being built; therefore the overall number of free zones will increase in the next years.

The Company Formation Process

The Free Zone Authority (FZA) is the governmental organization in charge of Free Zone operations such as license issuing and operation. The commercial regulations that govern mainland UAE corporations do not apply to free zone enterprises. One of the most significant advantages of establishing a firm in the Dubai Freezone is that international investors may enjoy 100% ownership. Apart from total ownership advantages, monetary advantages such as complete tax exemptions, 100% repatriation advantages, and the lack of foreign exchange limits are further advantages of Dubai’s free zone business establishment.

When your firm is accepted for Freezone business, the Free Zone Authority grants it one of the Dubai Freezone licenses, such as a Trade License, Industrial License, Service License, or National Industrial License. As long as the leasing agreement is in existence, these freezone permits in Dubai/UAE can be extended yearly.

You should choose your preferred free zone jurisdiction based on the nature of your business. The nature of your firm should correspond to the category of the desired Free zone. Although offshore corporations enjoy some of the same benefits as Dubai Freezone companies, they are not the same.

Global Touch’s advisory service makes the process of establishing a business in the Dubai free zone exceedingly straightforward and efficient. Some of the steps to be taken while establishing a business in the Dubai UAE free zone are listed below.

Even though the procedure might take up to seven working days, we are constantly working hard to ensure that the UAE Freezone firm establishment in Dubai is a perfect success.

The type of license you seek has a direct implication on the total cost. It will differ according to the type, viz. General Trading, Commercial, Industrial, Service and so on. Generally, the freezone license Dubai can cost around AED 10K to 50K.