Dubai Free Zone Business Setup
Dubai Free Zones
Dubai is a stirring magical place in UAE as an international business hub that drives more economy in the country. So for fascinating foreign investors and entrepreneurs, Dubai has created free zones that give a specific platform for them to start their business in Dubai. The free zone is a strategically located jurisdiction to conduct trading or other business activities. Dubai Free Zone business setup is comparatively easier and cost effective with complete foreign ownership. Dubai has 20 free zones with world-class amenities ranging from high-tech infrastructure to Flexi-desk and more. Here, all activities are monitored and maintained by the Free Zone Authority (FZA).
Benefits of Free Zone Business Setup in Dubai
- 100% ownership of the business for a foreign investor
- 100% repatriation benefits including foreign exchange limitations
- 100% tax benefits including corporate, income, and personal tax
- Easy employment with minimal formalities
- Logistic benefits
- Best place for start-ups and low budget setup
- Abundant and great communication
Dubai Free Zone Licenses
The free zone authority is providing various incentives for the license holders in Dubai Free Zones. A valid trade license is required for a business establishment to conduct its operations inside the free zone. Various licenses available in the Dubai free zones are – Professional or service license, Industrial license, General trading license, and trading license.
Companies in the free zone are allowed to conduct businesses within free zones and abroad. There’s a need for a distributor to continue local or mainland activities in case of a commercial license.
Free Zone Company Setup Cost in Dubai
Cost of Company setup in Dubai Free Zone involves registration fee, license fee, visa charges etc. Every free zone has its own policy and regulation. But a free zone license is valid only for 3 years. The license cost varies on the basis of business or license type.
The registration charges and formalities may also differ according to your selection of setup like free zone company, branch of foreign company, free zone establishment, or UAE company branch.
Dubai free zone company formation cost also includes office space or commercial space price. You have options to select from flexi-desk, fully furnished office to serviced office space. According to the business type and size, choose between commercial or office space. Bytes Business Consultants helps you in leasing or renting affordable office spaces here.
List of Free Zones in Dubai
Bytes Business Consultants assists international businesses and SMEs in starting a company in the free zone without any hassle. Dubai free zones have a lot of features from diverse lifestyles to talented multinational workforce. Top Dubai free zones include:
Jebel Ali Free Zone (JAFZA)
It is the first free zone of the Middle East. It is recommended for traders as it is situated near Jebel Ali Port and airport. It makes import and export easier.
Dubai South Free Zone (DSF)
This is a multi-purpose free zone and a prime location for company setup. It is situated near Jebel Ali Port and AI Maktoum International Airport.
Dubai Silicon Oasis (DSO)
Completely owned by the government of UAE, it is an amazing location. It is a mix of residential, industrial and commercial spaces.
It is one of the favorite places for financial services and related companies. There’s arbitration and independent regulator too.
Dubai Internet City (DIC)
It is a great space for companies related to electronic, engineering and technology sectors. We are experts at setting up a business in free zones.
Dubai Airport Free Zone(DAFZA)
A good pick for transport and logistic companies. It has remarkable 24×7 customs clearance services.
Dubai Health Care City(DHCC)
A major hub for national and international health care service providers.
Dubai Media City(DMC)
This is a perfect platform for media companies like online media, advertising agencies, news agencies, etc. to start their operations in an excellent environment.
Dubai Design District(D3)
It is known as the fashion and design hub for companies that varies from local boutiques to international design studios.
Dubai World Trade Centre(DWTC)
DWTC free zone is an ideal option for those who are looking for effective and competitive environment to give their business a local and international market exposure.
Dubai Knowledge Village(DKV)
DKV free zone gives more importance to learning institutions, human resource management and corporate training.
Dubai Multi Commodities Centre(DMCC)
A great spot for global trading and retail exposure to expand your business in Middle East.
Types of Companies in Dubai Free Zone
- Free Zone Establishment(FZE) – Can be registered with one individual or corporate holder.
- Free Zone Company(FZC) – Can be registered with two or more shareholders and a shareholder can be an individual or a company.
- Branch Office – A company inside or outside UAE can have a branch in one of the free zones in Dubai.