Establishing a Company in Dubai in the Free Zone
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World Company Setup is a leading consulting firm specialising in free zone company setup in Dubai. Dubai's free zone advantages offer excellent opportunities for entrepreneurs and investors with tax-free income and fast business setup processes. We provide comprehensive support on all necessary permits, licences and visa procedures, speeding up the process of setting up a company in Dubai's different free zones. It offers professional guidance to select the most suitable free zone for your company's legal and business needs, obtain a trade licence and fulfil local requirements.
Dubai Free Zones are special economic trade zones that offer a number of benefits to entrepreneurs and investors. Foreign investors and business owners benefit from 100% foreign ownership and repatriation of profits. Each Free Zone is designed to cater to specific industries. Some are better for setting up an e-commerce business, while others are good for setting up a manufacturing business. Proper guidance is required to select the appropriate Free Zone for company registration depending on factors such as the nature and size of the business.
After company incorporation in Dubai Freezone Free Zone, bank account opening processes are important to manage your business and facilitate your financial transactions. Freezone companies can open an account with one of the leading banks in Dubai. It is important to choose the one that suits your needs among international and local banks such as Mashreq Bank, ADCB Bank, FAB Bank, HSBC, Emirates NBD, Dubai Islamic Bank and Standard Chartered. The types of accounts, fees and terms of service offered by each bank vary.
We at World Company Setup provide professional support for bank account opening in Dubai.
Required documents and processes for bank account for Dubai Freezone Free Zone Companies
Company Documents: Company formation certificate, trade licence, copy of passport.
Bank Selection: Major banks in Dubai offer special account opening facilities for Freezone companies. Choosing the most suitable bank depends on your business model and needs.
Application Process: Banks apply different application procedures depending on the type and size of the company. The account opening process is usually fast and hassle-free.
Account Types: There are various account options for companies in Dubai: commercial accounts, foreign currency accounts, online payment systems. It is important to choose the account that best suits your needs.
Bank Services: Dubai banks offer overseas payments, foreign exchange transactions and fast transfer facilities, making it easy to conduct global trade.
Dubai Free Zone company formation processes are easy with the right advice and assistance. World Company Setup allows investors and business owners to open Free Zone company in Dubai without any hassle.
Passport Photocopy (valid for at least 6 months)
Copy of Visa Page (if applicable)
Emirates ID (if applicable)
Passport Size Photos
Personal Information Form or Application Form
3 Name Selection
Free Zones allow you to choose from a variety of business structures. Choosing the right business structure in the Free Zone is important for the long-term growth of your Free Zone Company Formation in UAE. Different structures offer different advantages such as flexibility or access to strategic locations of the UAE. Enjoy smooth operations, tax benefits, enhanced business growth and gain a competitive advantage in a business-friendly environment. First, it is necessary to choose the right Free Zone company structure for your business.
Cost-effectiveness: Competitive wages, no minimum capital, flexible office options.
Tax friendly: 0% corporate tax within the zone (UAE general tax applies outside the zone).
Foreign ownership: 100% ownership allowed, no local sponsor required.
Business freedom: Wide range of activities, simplified setup process.
Strategic location: Prime location close to ports and airports, strong regional and global connections.
Supporting infrastructure: World-class facilities, advanced IT, specialized business services.
Business-friendly environment: Government incentives, focus on innovation, diverse community.
The cost of company formation in Dubai Freezone Free Zone can vary per free zone, type of your industry and company structure. Company formation fees in Dubai Freezones vary depending on the free zone you choose. The cost of setting up a Freezone company can typically range from USD 5,000 to USD 15,000. These costs cover the legal procedures required for the trade license and company registration.
To properly manage the planning and costs involved in setting up and operating a company in Dubai Free Zone, the World Company Setup team has the industry expertise in Free Zone company formation and process management. Contact us for more information and cost calculation!
How to open a Dubai Free Zone Company? In order to establish a free zone company in Dubai, it is first necessary to choose the right free zone. Each free zone is specialised for specific sectors and activities, and the company formation process is fast and tax-advantaged. The application process starts with obtaining a trade licence, renting office space and obtaining the necessary permits from local authorities. Opening a free zone company in Dubai minimises bureaucratic hurdles and facilitates the business start-up process. With professional consultancy services, all steps can be completed correctly and your company can start operating quickly.
to open a free zone company in Dubai; to open a free zone company in Dubai;
To open mainland company in Dubai; To open mainland company in Dubai
Yes, free zone companies in the UAE need to register for VAT under the UAE VAT Law. Since free zones are not completely exempt from VAT, these companies must also report and account for VAT. However, VAT registration is only mandatory when a business exceeds the taxable turnover threshold of AED 375,000 in the last 12 months.
Free zones in the UAE are not completely exempt from corporate tax. Only a qualified free zone company can benefit from 0% corporate tax on qualified income. However, any non-qualified person or qualified person with non-qualified income is subject to 9% corporate tax if the taxable income exceeds AED 375,000.
There are special economic zones in the UAE called Free Zones. These zones offer advantages such as full foreign ownership, no sponsorship requirements, no taxes, and simplified processes. A company registered and operating in a free zone is called a Free Zone company formation.
The process of setting up a company in the Dubai Free Zone can take anywhere from a few days to a few weeks. The overall timeframe depends on a number of factors, including the specific Free Zone, licensing requirements, and documentation.
No, there is no customs duty in the Free Zones in the UAE because they are exempt from paying customs duties. You can import or export goods without any restrictions except for restricted products.
Yes, you can convert your Free Zone company to a Dubai Mainland company. However, the process is complex and you should not proceed without expert advice. As there is no direct transfer option, you will need to cancel your Free Zone licence and apply for a new licence with DED. You will also need to obtain a visa, register for VAT and complete the business registration process again.