DUBAI FREE ZONE COMPANY FORMATION
A Dubai Free Zone Company is a legal entity that is registered in one of the many free zones in Dubai, which are designated areas that offer a range of business benefits such as tax exemptions, 100% foreign ownership, and streamlined business setup procedures.
The UAE offers investors more than 40 multidisciplinary free zones, in which expatriates and foreign investors can have full ownership of companies. These zones are characterized by their highly efficient infrastructure, and distinct services that facilitate smooth workflows, saving businesses considerable time and effort.
Types of Dubai Free zone Company
In Dubai free zones, businesses can choose from various company structures based on their specific needs and activities. Here are some common types of company structures in Dubai free zones:
Free Zone Establishment (FZE): A single shareholder company, where an individual or a corporate entity can establish and own the entire business.
Free Zone Company (FZCO): Similar to an FZE, but allows for multiple shareholders (individuals or corporate entities) to own the business collectively.
Branch of a Foreign Company: A branch office of an existing foreign company that operates in the Dubai free zone while remaining a part of the parent company.
Branch of a UAE Company: A branch office of an existing UAE company that operates within the free zone while being connected to the parent company.
Benefits of Setting up Free zone company in Dubai
- 100% foreign ownership
- No corporate or personal income tax
- No currency restrictions
- No requirement to hire local employees
- Access to world-class infrastructure and logistics facilities
- Easy repatriation of profits and capital
- Confidentiality and privacy
Services
Dubai Free Zone Company Formation Process
Choose A Free Zone
Choose A Company Name
Submit The Application
Obtain the License
Open a Bank Account
Register for VAT
Required Documents for Dubai Free Zone Company Formation
The following are the documents required for the formation of a Dubai Free Zone Company
The application form should be completed and signed by the shareholder or their authorized representative.
The MAA is a legal document that outlines the company’s purpose, structure, and rules for operation.
The shareholder(s) and director(s) of the company must provide a copy of their passport, UAE residence visa, and Emirates ID.
The shareholder(s) and director(s) of the company must provide a recent utility bill or bank statement as proof of address.
The shareholder(s) and director(s) of the company must provide a bank reference letter from their bank
The shareholder(s) must appoint a registered agent who will act as a liaison between the company and the free zone authority.
The shareholder(s) must provide a board resolution authorizing the formation of the company.
The shareholder(s) must provide a power of attorney if they are appointing a representative to act on their behalf.
The shareholder(s) must provide a signed declaration stating that they will comply with the laws and regulations of the free zone authority.
List Of Dubai Free Zones
Where You Can Start Up a Company
Dubai Multi Commodities Centre (DMCC)
Dubai Multi Commodities Centre is the UAE's largest free-trade zone that is located in the Jumeirah Lake Towers district of Dubai. Created in 2002, it serves as a commodities exchange that deals in four main sectors: precious commodities; energy; steel and metals and agricultural commodities.
Dubai Silicon Oasis (DSO)
DSO has a total capacity of 97,740 sq. m of commercial space dedicated to offices for lease. DSO has created a high-tech eco-system to promote technological collaboration and innovation. DSO identifies six key elements for its high-tech ecosystem: large enterprises, startups & medium-sized businesses, universities and an incubation Centre, venture capital funds, a high-tech infrastructure and government & business services.
Jebel Ali Free Zone (JAFZA)
Jebel Ali Free Zone is a free economic zone located in the Jebel Ali area at the far western end of Dubai, United Arab Emirates, near Abu Dhabi, located in Jabal Ali Industrial 2. Jebel Ali Free Zone is the flagship free zone of DP World, and is an integral part of the DP World UAE’s integrated business hub
Dubai Airport Free Zone (DAFZA)
Dubai Airport Freezone is one of the quickest developing free zones in the Middle East region and provides incredible incentive package to investors. The Dubai Airport Free Zone, like all the UAE Free Zones in Dubai, offers several advantages over locations outside the free zones.
Dubai South
Dubai South is Dubai’s largest single urban master development focusing on an aviation and logistics ecosystem that houses the world’s largest airport when fully operational complemented by a multi-modal transport infrastructure connecting air, land and sea.
Dubai International Financial Centre (DIFC)
The DIFC district features ultra-modern office spaces, retail outlets, cafes and restaurants, art galleries, residential apartments, public green areas and hotels, making it the ultimate destination where business meets lifestyle.
Dubai Media City
Dubai Media City has become a major hub for the media industry in the GCC and the Middle East, with more than 1,300 companies being registered under the Free Zone, from where they serve the entire region
Dubai Internet City
Dubai Internet City is the region’s leading tech hub #WhereMindsClick. We believe innovation is not a formula, it’s a collective effort and nobody does it better than our tech community comprising brilliant minds and businesses collaborating to write themselves into history. Be a part and grow
Dubai Knowledge Park
Dubai Knowledge Park (DKP) is the world’s only Free Zone dedicated to human resource management and learning excellence. The world’s only free zone dedicated to Human Resource Management and learning excellence
Dubai Healthcare City
The Dubai Healthcare City (DHCC) free zone, established in 2002, brings together core healthcare services, attracting the best in class global and regional names, as well as a network of businesses from hospitality to consultancies and retail outlets. DHCC is governed by Dubai Healthcare City Authority (DHCA) which provides an enabling ecosystem that facilitate business set-up.
Dubai Design District
The region’s first and largest design district playing home to the biggest global, regional and local brands within the art, design and fashion industries. We not only welcome, but enable disruptive thinking to create a world of endless possibilities through their beautifully designed spaces and unique community offerings.
Start a Business with Justprobiz in Dubai Free Zone
JustProBiz Documents Clearing Services specializes in guiding you through the seamless process of starting a business in Dubai Free Zones. Our expert services ensure compliance, efficiency, and a smooth transition, empowering you to focus on your business goals. Let JustProBiz be your trusted partner in unlocking the limitless possibilities of the vibrant Dubai Free Zone landscape.
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