Unleash Your Potential with Free Zone Business Setup
At Corp Creators – we empower your entrepreneurial dreams with efficient solutions for Free Zone business setup.
At Corp Creators, we specialize in transforming entrepreneurial dreams into thriving realities in the dynamic business.
Choose Corp Creators – a trusted ally committed to your success, as we have established strategic partnerships with key UAE authorities & free zone departments.
Legal Compliance
We take care of all legal formalities, ensuring your business adheres to the regulations of the chosen free zone. This includes licensing, permits, and any other legal requirements.
Documentation Assistance
Don't let paperwork slow you down. Our team assists you in preparing and submitting all necessary documents, streamlining the documentation process for a stress-free setup.
Bank Account Setup
Facilitating financial transactions is crucial for any business. Corp Creators helps establish a corporate bank account opening in UAE, ensuring seamless financial operations.
Visa Processing
Navigating visa procedures can be complex. Corp Creators simplifies visa processing for you and your employees, making relocation and business travel hassle-free.
Start a Free Zone Business Today!
Corp Creators – is a top choice for business setup in Dubai Free Zone as well as across the UAE Free Zones. Our expertise allows us to navigate Free Zone complexities with finesse, providing expert guidance, tailored solutions, and swift processing. But that’s not all! Our strategic partnerships with UAE authorities ensure a seamless process, letting you focus on your business while we handle legalities. We are dedicated to propelling your business to new heights. Your success is not just our goal; it’s our guarantee. Start your journey to prosperity with confidence – choose Corp Creators.
Calculate Your Business Setup Cost For Free Zone Business Setup?
Get a detailed breakdown of potential Free Zone company setup costs, ensuring you have a clear understanding of the financial aspects involved.
Benefits Of Free Zone Business Setup
- 100% Foreign Ownership
- Tax Exemptions
- Efficient Customs Procedures
- State-of-the-Art Infrastructure
- Diverse Industry Focus
- No Currency Restrictions
- Access to Skilled Workforce
- Simplified Regulatory Procedures
- Confidentiality and Privacy
- Flexibility in Business Activities
- Proximity to Ports and Airports
- Ease of Recruitment
Types Of Licenses for UAE Free Zone Business Setup
A Free Zone Establishment (FZE) is a limited liability company with a single shareholder, eligible for incorporation in any UAE Free Zone. Conversely, a Free Zone Company (FZC) shares a similar structure but allows for multiple shareholders, with a maximum limit of five.
Upon approval for operation within the Free Trade Zone, companies are granted specific licenses by the Free Zone Authority. These licenses are subject to annual renewal as long as the lease agreement remains in effect. Companies possessing Trade or Industrial licenses are restricted to conducting business exclusively within the Free Zone or overseas. However, an official UAE agent to market the products within the UAE is required.
It is granted to companies legally incorporated outside the UAE engaged in imports and exports. It also allows for 100% foreign ownership, with no requirement for a license from the Economic Department.
It is extended to companies legally incorporated in industrial production outside the UAE, operating within the Free Trade Zone. It permits 100% foreign ownership without the need for an Economic Department License.
Available to companies holding a valid license from the relevant UAE government body, enabling the provision of services such as banking and contracting. Subject to compliance with the requirements set forth by the governing body.
Conferred upon industrial manufacturers, granting them the same status as a local or GCC company in the UAE. These licenses are renewable on an annual basis, contingent upon the existence of an active lease agreement with the Free Trade Zone.
Free Zone License
Application Submission:
Evaluation:
Approval:
Setup:
FREE ZONE BUSINESS SETUP QUERIES
How to setup a business in Dubai Free Zone?
To set up a business in a Dubai Free Zone, you typically need to follow these steps:
- Choose a Free Zone: Select the Free Zone that suits your business activities.
- Select a Business Activity: Define the business activity you want to engage in.
- Choose a Company Name: Ensure the proposed name complies with Free Zone regulations.
- Apply for a License: Submit the license application along with the required documents.
- Lease Office Space: Most Free Zones require a physical office space for your business.
- Obtain Approvals: Obtain necessary approvals from Free Zone authorities.
- Complete Registration: Complete the registration process and receive your license.
How much does it cost to set up a Free Zone company in Dubai?
Costs vary depending on the Free Zone and business activity. It includes license fees, visa costs, office space rent, and other miscellaneous expenses. Costs can range from a few thousand to several thousand dollars.
Which is the cheapest Free Zone in the UAE?
The concept of “cheapest” can vary based on business needs. Some Free Zones may offer cost-effective packages, and the choice depends on your business requirements.
What are the disadvantages of Free Zone companies in Dubai?
- Restrictions on doing business outside the Free Zone.
- Limited visas for employees.
- Renewal costs can be relatively high.
- Stringent regulations and compliance requirements.
Are Free Zone business setups in Dubai pricey or cheap?
The cost can be considered moderate, but it depends on the chosen Free Zone and business activity. Some may find it affordable, while others may find it relatively expensive.
Does each Dubai Free Zone company setup cost different?
Yes, costs vary between Free Zones due to different fee structures, services, and facilities they offer.
Is there any minimum investment to start a business in Dubai Free Zones?
The minimum investment requirement can vary. Some Free Zones have specific capital requirements, while others do not impose a strict minimum.
Are there any Dubai company setup packages built for Free Zones?
Yes, many business setup consultants offer packages tailored for Free Zones, covering various services like licensing, visa processing, and office space.
Is there any annual Free Zone business setup cost in Dubai?
Yes, there are annual renewal fees for maintaining your business license and other ongoing costs such as visa renewals and office rent.
Is there a list of Free Zone companies in Dubai?
Yes, there is a list of Free Zones in Dubai, and each Free Zone has a directory of companies operating within it. You can find these on the respective Freezone authority websites.
Is Free Zone a better option if you are starting a business in Dubai as a foreigner?
Free Zones are often a preferred option for foreigners due to 100% foreign ownership, tax benefits, and simplified business processes. However, the choice depends on your business model and requirements.
Is Dubai CommerCity (DCC) a new Free Zone?
Dubai CommerCity (DCC) is among the newest Free Zones under the Dubai Development Authority. The region focuses on fostering the growth of e-commerce and online businesses by providing a specialized and supportive business environment as per the Dubai Development Authority’s framework.
Which Free Zones operate under the Dubai Development Authority?
The Free Zones under Dubai Development Authority include Dubai Internet City, Dubai Media City, Dubai Production City, Dubai Studio City, Dubai Outsource City, Dubai Knowledge Park, Dubai International Academic City, Dubai Science Park, Dubai Design District.
What are the Free Zones under the Dubai Multi Commodities Centre Authority?
The Free Zones under the Dubai Multi Commodities Centre Authority are Dubai Multi Commodities Centre (DMCC) and Jumeirah Lakes Towers, now part of DMCC.
Can you name some other Free Zones in Dubai?
Other Free Zones in Dubai include Jebel Ali Free Zone (JAFZA), Dubai Airport Free Zone (DAFZA), Dubai Silicon Oasis, Dubai Healthcare City, International Humanitarian City, Dubai Maritime City, Gold and Diamond Park, Dubai South, Dubai International Financial Centre, Meydan, and National Industries Park.
Can you break down the typical Free Zone company setup cost in Dubai?
- License Fees (AED 5,000 – AED 50,000): This depends on the type of license you need (trading, industrial, etc.). Trading licenses are generally cheaper.
- Visa Fees (AED 3,000 – AED 5,000 per visa): This covers the cost per visa application and may include additional medical testing fees.
- Registration Fees (AED 12,000 – AED 20,000): This covers basic registration with the chosen Free Zone authority.
- Agent Fees (Optional, AED 5,000 – AED 15,000): This is for professional assistance with the setup process, not always included.
Note: These are estimated ranges. Actual costs can vary depending on your specific needs and chosen Free Zone.
Have more questions?
Feel free to contact us for personalized assistance on your Freezone Business Setup journey.
Business setup in Dubai Free Zone can be confusing and expensive without the right guidance. But with Corp Creators, my Dubai Free Zone setup was a breeze! Their expertise, customized solutions, and efficient processes exceeded expectations. Their collaboration with UAE authorities minimized hurdles. Now, with 100% foreign ownership and tax exemptions, my business is thriving in the UAE. I wholeheartedly recommend Corp Creators for their unwavering dedication to client success in business setup services!
Samuel Tech InnovatorAI Game Changers FZE