Free Zone Company Formation: UAE Free Zone License
Tax FREE Company Setup in Dubai/UAE
Obtain Trade License in Dubai: Free Zone Company Registration
What is a Free Zone Trade License?
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Types of Free Zone Corporate Entities
Free Zone Establishment (FZE)
Free Zone Company (FZC)
How Do You Select a Suitable FREE ZONE to Setup Business in the UAE?
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Process to Setup Business in UAE Free Zones
Choose Your Free Zone
Firstly, our team helps you select the ideal free zone based on the basic requirements of your business. Indeed, this selection is based on industry focus, infrastructural requirements, and licensing options.
Prepare Documentation
Secondly, we assist you in compiling the required documents to obtain the free zone license and ensure compliance with regulatory standards.
Requirement Documents for Obtaining a Trade License in Dubai
The documentation for obtaining a free zone trade license depends on the chosen free zone and the nature of the business. The documentation required mainly includes the following:
- Passport copies of shareholders and directors
- Visa copies (if applicable)
- A business plan outlining proposed activities.
- Memorandum Of Association (MOA) and Articles of Association (AOA)
- No-objection certificate (if transferring from another free zone or mainland)
Application Submission
In addition, our team of professionals handles submitting your license application to the relevant free zone authorities as per your selection. With First Idea’s professional business setup consultants by your side, the whole process is streamlined, minimizing delays.
License Issuance
To make you pursue business activities freely, we will handle everything from start to end to get a Dubai Free Zone company license. So, you need to sit and relax because we have your back.
Top Benefits of Getting a Trade License in Dubai/UAE
Securing a Dubai-free zone license unlocks numerous business opportunities for your business. For instance, the following are some of the most beneficial factors of owning a free zone trade license in Dubai
100% Foreign Ownership
Free-zone companies in Dubai allow foreign investors to have full ownership.
Tax Exemptions for Trade Licenses
A Dubai free zone company is often exempt from corporate and personal taxes for a certain period. Indeed, this contributes to saving a significant amount of money.
Simplified Setup Process with 3 Years Visas for Investors, Staff, and Family Members
The Free Zone platform streamlines company procedures by reducing bureaucratic hurdles while speeding up the establishment process. Therefore, it contributes to hassle-free business affairs and 3-year visas for investors, staff, and family members.
Access to World-Class Infrastructure
They provide cutting-edge amenities such as contemporary office space, a large warehouse, and logistical assistance. As a result, this helps to improve the business's operating efficiency.
Strategic Location & Independent Bank Account
Dubai's free zone provides opportunities for international commerce and expansion potential due to its easy access to global markets. As a result, your company draws many clients, contributing to its overall success. Additionally, you can have an independent corporate bank account to handle transactions easily.
Import/Export activities, Warehouse & Virtual Office Facilities
You can easily import and export products without leverage charges and keep your inventory in warehouses. Furthermore, you can operate your business from anywhere with a virtual office.
Estimated Cost of Trade License in Dubai/UAE Free Zone
Setup Business in UAE: Start Trading Today Without Waiting!
Frequently asked questions
FAQ
Indeed, setting up a Free Zone company is expensive compared with offshore. The significant difference is that offshore companies can have physical office space without any local sponsor. Moreover, the registration time is 4 to 6 weeks.
A free zone visa lasts 3 years and depends on your specific zone, whereas a Dubai visa is valid for 2 years and governed by UAE Labor Law. This is why the free zone visa is suitable for business activity.
No, a trade license is only valid for the respective free zones and internationally. To operate a business elsewhere, you must establish an offshore company with a local sponsor. Our team can assist you further with the registration process.
Yes, following a specific business niche requires obtaining approvals from relevant authorities. For instance, an institute needs approvals from the Human Development Authority (KHDA) and Knowledge. Otherwise, the FZA reviews your business activity during incorporation itself.
According to the estimate, obtaining a free zone license takes about 2 to 4 weeks, depending on your chosen free zone area and business activity. You can easily connect with your local business consultant at First Idea Consultant to get through UAE Free Zone New Company Setup hassle-free.
The Jebel Ali Free Zone (JAFZA), the Dubai Multi Commodities Centre (DMCC), the Ajman Free Zone, the Dubai Airport Free Zone (DAFZA), AbuDhabi Airport Business City, Ajman Media City Free Zone, Dubai South, Dubai Silicon Oasis, Meydan Free Zone, DTec Free Zone, Dubai World Trade Centre, DUQE Free Zone, Dubai Gold, and Diamond Park, Dubai Media City Free Zone, Dubai Health Care City, Dubai China Center Free Zone, Sharjah Airport International Free Zone, Sharjah Publishing City (SPC), Sharjah Media City (SHAMS), Hamriyah Free Zone (HFZA), RAKEZ, SRTIP Free Zone, Dubai CommerCity Free Zone, IFZA Dubai, RAK Media City, Dubai International Financial Centre (DIFC), Creative City Free Zone Fujairah, KIZAD Free Zone, Masdar City Freezone, UAQ FTZ, & Fujairah Free Zone.