Free Zone companies in UAE

In an effort to promote trade and business setup in UAE, the government of the UAE has been working on a policy of bringing diversified business setup in Dubai and different legal business entities. The aim was to create an environment where all types of businesses from different industries could not only survive but flourish because of the favorable conditions. Moderate paperwork, quick processes, and moderate processing fees are part of the incentives provided to the businesses as well. All those involved in company formation at Alzelal, Middle East, know how to maneuver the process of company formation for the company’s clients. Perfect knowledge of documents and processes allows the consultancy to make processes quicker and the company to take a flying start. Mainland company formation Dubai is one type of company formation that has proved to be fruitful for those who want to own a business setup in Dubai.

Company Registration in UAE Free Zone

What encourages foreign investors to throw all their forces into UAE free zone company formation? Recently, local firms have acquired one significant advantage – 100% foreign ownership. A non-shared license allows a visiting entrepreneur to run commerce openly and confidently. The icing on the cake is no taxes and customs duties for ftz UAE startups.

As for the UAE free zone company formation cost, it will take you between AED 3,000 and AED 6,000 per person. Additional costs of a free zone company in the UAE, such as obtaining a license, opening a bank account, maintaining an official website, renting an office space, and getting a permit, are worth considering and agreeing to pay much of the costs. Alzelal offers its expertise to help you navigate these costs and ensure a smooth and successful setup for your free zone company.

What Is a Free Zone Company in UAE?

A Free Zone Company is a firm formed under the protection and jurisdiction of a particular economic territory. Dubai has about 40+ accessible economic areas, and 20 of them belong to Dubai. Each location allows one to engage in certain activities and has its conditions and different costs of licenses. Depending on your business needs, visa and office requirements, and investment budget, you are lucky if you stick to the winning place.

Remember that starting a business in a free zone involves a purely commercial activity. Please don’t be confused with mainland organizations. The first option can only operate within a chosen economic area. Alzelal can assist you in identifying the right free zone for your business and guide you through the setup process to ensure a successful venture.

How to Register a Company in UAE Free Zone

Local legislation provides a specific procedure for company registration in UAE free zone. The number of steps in the list below depends on your company’s activity type, which is a crucial factor.

  1. Stick to a specific activity defined by your location.
  2. Decide on the territory of which economic area you would like to develop your professional activity. It is worth checking in advance about the list of activities for each.
  3. Think about your organization’s name, adhering to the naming convention of the selected territories in advance.
  4. Prepare all necessary documents for obtaining a license from the relevant location authority.
  5. Remember that company registrars in free zones must obtain a visa for themselves and their employees or partners.
  6. Take all responsibility for opening a corporate bank account with a local bank following the recommendations of the chosen economic location authorities.

Starting free zone companies in UAE, you get flexibility in making money on your life’s work and the opportunity to take a maximum over the country’s policies and temptations: friendly legislation, banking system, well-developed logistics, and transport infrastructure. This option is the most preferable if we compare the requirements for startup capital and potential income. It doesn’t matter if you are an expert in your endeavor or a complete newcomer to business – in this country, success awaits those ready to accept it.

Contact professional consultant services online to learn about your business’s Free-Trade Zone UAE options. Experts at Alzelal will select the best solution considering your goals and provide comprehensive support.

Take the first step towards creating a successful business!