Business setup in Freezone
The number of businesses in UAE has been growing exponentially in the past few years, and one of the most attractive aspects is free zones. To set up a business in the free zone you will have to get approval from different authorities and the department in charge of the freezone. One of the major benefits of starting your business in a free zone will be tax benefits. The UAE government has many other policies to welcome foreign investments in these free zones.
The benefits of freezones range from 100% ownership to exemptions on import and export, plus the added option of complete repatriation of assets. These policies can help your business grow and branch out. If you want to start your business in Dubai freezone, first you will have to decide on the nature of the business and then find the correct freezone in UAE that will best assist your business activities.
Advantages of setting up business in freezone
Tax Benefits
Lower Cost to
Setup Business
100% Foreign
Ownership
Ideal location with access to all major cities and airports
Connect with
World Easily
World Class
Infrastructure
High Value Foreign
Currency Conversion
Steps to Start a Business in Freezone
Choose the type of business and business activity
Determine the type of business you want to start and business activities you want to run.
Finding the
correct freezone
Once you have fixed on the business activity then find the correct freezone that will bring most benefits for your business and is advantageous.
Fix on a unique
trade name
A unique trade name that reflects your business activity and complies with the regulations is necessary to start on applying for your business license.
Get approval from the concerned freezone authorities
Next step is meet the guideline set by the authorities and get the approvals from them.
Apply for business
license
Once the initial approvals are taken, you can apply for the business license along with the trade name from the DED
Get the necessary
documents
Get the final approval for business license and the documents which are required to start the business in the freezones.
Get a corporate bank account, office location and get started
The final element to a business in freezone is a corporate bank account and an office location you can get started on your business in the freezone.
