Start a Free Zone Company Anywhere in UAE
UAE has come to be a world trading center where humans from round the world converge for the cause of trading. The free zone organization formation is a most important issue that has contributed to its rapid financial growth. The flexibility of laws regulating the establishment and strolling of corporations is Dubai free zones has made it a sought-after market.
The UAE free zones are not regulated with the aid of the business legal guidelines set up by using the Ministry of Commerce to alter the trading activities of mainland companies. The free zones provide overseas traders and entrepreneur’s 100% commercial enterprise ownership freedom in addition to a tax-free and free custom duty charges. This list of benefits free zones gives has made it an ideal vacation spot for worldwide companies to operate. To open a company in Dubai free zone, nearby companions or neighborhood carrier retailers are not required.
What is Free Zone
The Free quarter meaning or Definition might also vary according to the type of Free zone, however in general, it is a geographic vicinity where goods may also by way of landed, stored, handled, manufactured, or reconfigured, and re-exported below unique customs rules and generally now not situation to customs duty.
Free zones are separate entities and no longer governed by way of the UAE labor law, the corporations underneath the free area areas have their own set of rules and regulations, and comparable to the offshore companies, no need for a local sponsor to open a free sector business enterprise and the corporation can be 100% owned be non-UAE or GCC nationalities.
Free zones in UAE
UAE boasts of extra than 40 free zones with extra beneath construction. The Free Zone organisation formation in UAE might come as a problematic one as there are quite a few options of free zones to pick from. With our know-how and ride in business setup, we will aid you in narrowing down to the gorgeous free region suitable for your enterprise and help you set up your free region enterprise in no time. The primary free zones in UAE are:
Dubai Free Zones
Dubai Airport Free Zone (DAFZA)
Setting up your enterprise at DAFZA capability becoming a member of one of the fastest growing Free Zones in the UAE. Strategically located adjacent to the Dubai International Airport, organizations in DAFZA leverage special benefits in market access, tax exemptions, and world-class facilities. Three simple steps are required to begin enterprise activities in the free zone.
Jebel Ali Free Zone (JAFZA)
JAFZA, the change catalyst, has advanced into a special change ecosystem that reduces cost, while enabling new opportunities for growth. Today, JAFZA is a dynamic base for hundreds of businesses, from over a hundred countries, sustaining over 135,000 jobs and attracting extra than 20% of the UAE’s foreign direct investment; all the while exceeding 50% of Dubai’s total exports, with a exceptional fee for trade of $69 billion.
Dubai Multi Commodities Centre (DMCC)
Made for Trade, DMCC has firmly established Dubai as a main core for trading international commodities and the world’s fastest-growing Free Zone. DMCC regulate, promote and facilitate change throughout a range of goods from gold, diamonds, and precious metal to tea, food, and industrial materials. Today, as domestic to primary multinationals and start-ups, DMCC connect extra than 15,000 organizations with the world-class services, main infrastructure and a shiny neighborhood they want to thrive and succeed.
Dubai International Financial Centre (DIFC)
DIFC is a international economic middle strategically placed between the East and West, providing a stable and tightly closed platform for groups and economic institutions to faucet into the emerging markets of the Middle East, Africa and South Asia. The Centre’s internationally identified and unbiased regulation, common law framework, tax-friendly regime, and enabling surroundings make the perfect hub to get right of entry to the region’s hastily growing demand for economic and enterprise services.
Dubai World Trade Centre (DWTC)
The Dubai World Trade Centre has played a pivotal function in the increase of global change for the Middle East, ever due to the fact that the inauguration in 1979. Then, it used to be via the landmark 39-storey Sheikh Rashid Tower. Today, DWTC is the region’s biggest purpose-built complicated for events and exhibitions, DWTC performs a principal role within Dubai’s economy, attracting income for the city’s sights, restaurants, and inns each year.
Dubai Knowledge Park (DKP)
Established in 2003 as section of TECOM Group, Dubai Knowledge Park (DKP) objectives to improve the region’s Genius pool and establish the UAE as a knowledge-based economy. DKP is a unique hub that presents the fantastic determination of packages in Human Resource Management (HRM). Consultancy, Training, and Personal Development Students acquire diplomas and certificates of the very best caliber from DKP’s top-class Business Partners.
Dubai Knowledge Park offers flexible solutions with aid from its progressive purchaser service team. With their assistance. DKP enterprise companions have set up training centers, institutes, and HR businesses to maintain and impervious their market share in this booming sector.
Dubai Internet City (DIC)
DIC is a innovative collective engineered for innovation. DIC neighborhood of entrepreneurs, startups, facilitators, and Fortune five hundred agencies is busy creating the future of regional ICT and disrupting the status quo. DIC is the MENA region’s largest ICT hub, with liberal regulations that facilitate business success. DIC fosters entrepreneurs, empowers SMEs, and attracts global ICT leaders to Dubai. Here is where your commercial enterprise accesses a prosperous ecosystem a prosperous ecosystem of know-how workers, nimble service providers, and information from the world over.
Dubai Media City (DMC)
DMC is a stimulating surroundings can encourage the next innovative masterpiece. Dubai Media City (DMC), was launched in January 2001 to set up Dubai as the region’s main media hub. DMC encompasses a media community of over 20,000 human beings working in over 2,000 regional and international media corporations that are pushing the limits of creativity each and every day.
Dubai Silicon Oasis (DSOA)
Dubai Silicon Oasis Authority (DSOA), a a hundred percent government-owned free zones, used to be set up following Law no 16 of 2005 of the Government of Dubai, with the Mission to “facilitate and promote modern technology-based industries” consequently supporting the region’s demand for enterprise expansion. A full package of incentives and advantages are provided to organizations working within the free zone. Dubai Silicon Oasis (DSO) is a technological know-how park and gives both a living and working integrated community.
Dubai Healthcare City – Regulatory (DHCR)
Dubai Healthcare City Authority – Regulatory (DHCR) is an independent regulatory arm of Dubai Healthcare City Authority (DHCA). The DHCA is the governing body of Dubai Healthcare City (DHCC) – a health and wellbeing vacation spot in the world’s greatest healthcare free zone.
DHCR regulates the free quarter and reviews immediately to the DHCA Board. It is responsible for making sure compliance and enforcement of international best requirements for medical and non-clinical facilities. It additionally oversees the licensing of all healthcare professionals, educators, and operators, and the setting and maintenance of worldwide satisfactory healthcare practices inside DHCC.
International Free Zone Authority (IFZA)
IFZA is set to shortly become a leading investment hub within the thriving UAE economy, supplying a relatively customized approach, coupled with efficient international provider requirements and in your price range solutions. With IFZA, it is actually al about the patron and their trip to commercial enterprise success.
Dubai South
Dubai South is an economic quarter that supports several activities including logistics, aviation, commercial, exhibition, humanitarian, residential and other related businesses. The Business Centre at Dubai South is expertly designed to facilitate the increase of each and every commercial enterprise from start-ups to SMEs. Offering complete turnkey business offerings and low-cost workplace options it it perfectly aligned to go well with world commercial enterprise needs.
Abu Dhabi Free Zones
Khalifa Industrial Zone Abu Dhabi (KIZAD)
KIZAD gives you unique blessings – considerable size, world-class infrastructure, free zone, and non-free sector solutions, dedicated investor support, tax-free environment with competitive running costs and strategic area with get right of entry to to regional and global markets. These contribute to making KIZAD one of the world’s main port-integrated industrial zones and a leading hub for manufacturing, logistics, and exchange across diverse sectors.
Masdar City Free Zone (MASDAR)
Centrally located at the crossroads of the Middle East and Asian markets, with a robust international logistics and transport network, Masdar City also affords companies a one-stop platform for opening a business. The services encompass organization registration, office leasing and fast-track visa processing in a safe and pleasant working environment.
Abu Dhabi Airport Free Zone (ADAFZ)
Abu Dhabi Airports Free Zone is the new global commercial enterprise tackle for the world, providing its customers with numerous merchandise within a Free Zone environment. Abu Dhabi Airports Free Zone affords its customers the full spectrum of Free Zone services, along with business enterprise registration, licensing, leasing, rapid visa processing for employees, and many different terrific offerings within a One Stop Shop environment.
Media Zone Authority (Twofour54)
Twofour54 is a media free region positioned at the coronary heart of one of the quickest developing media markets in the world with alluring financial advantages for groups such as an easy licensing and enterprise set-up services, one hundred percent organization possession in a secure environment. A place where some of the biggest names in the industry call home and the best area for your business, huge or small, to thrive and prosper.
Abu Dhabi Global Market (ADGM)
Abu Dhabi Global Market is a broad-based international economic middle for local, regional and worldwide institutions, mounted in accordance with the Federal Law No (8) of 2004, Federal Decree No (15) of 2013, Cabinet Resolution No (4) of 2013, and Abu Dhabi Law No (4) of 2013. ADGM’s three unbiased authorities – the Registration Authority, the Financial Services Regulatory Authority (FSRA) and ADGM Courts – ensure that our business-friendly surroundings operates in line with international quality practices that are identified via main financial facilities across the world.
Sharjah Free Zones
Sharjah Airport International Free Zone offers some of the most attractive commercial enterprise incentives in the region, such as pace of carrier and simplicity of the process. The grasp of lengthy and fantastically bureaucratic techniques to set up in the Middle East can be a serious barrier to attainable investors but SAIF-ZONE has a 24-hour licensing provider which permits agencies to be up and going for walks faster than has ever been possible before. The patron base is amongst the greatest in the world from one central hub, with get right of entry to to more than two billion human beings inside a four-hour flight and as one of the most dynamic Emirates in the UAE.
Sharjah Media City (Shams)
Sharjah Media City (Shams) was once launched in January 2017 to act as a catalyst for creative and media companies to develop and thrive. Aiming to be a world-class media hub for progressive facilities and services, Shams covers a large range of commercial enterprise things to do available for those wishing to embark on their entrepreneurial experience in the UAE.
Hamriyah Free Zone (HFZA)
Hamriyah Free Zone, UAE’s 2nd largest industrial free quarter is unfold across approx. 26 million square meters. Established on November 12, 1995, with the aid of Emiri Decree No. 6 of 1995, it is home to over 6,500 groups from 163 countries. In addition to world-class facilities consisting of offices, warehouses, factories, and government workplace suites, Hamriyah Free Zone also has over 15 on-site key commercial enterprise services, like banking and auditing firms, forex exchanges, convention rooms, staff accommodation, and more.
Ajman Free Zones
Ajman Free Zone (AFZ)
Established in 1988, Ajman Free Zone (AFZ) presents terrific funding possibilities to both nearby and foreign businessmen and investors. We supply progressive infrastructure and top-of-the-line services to foster aggressive privileges permitting corporations to recognize their full potentials. Ajman Free Zone has revolutionized the commercial enterprise zone of the United Arab Emirates (UAE) thru its gigantic initiative in Ajman industrial expansions.
RAK Free Zones
Based in the coronary heart of Ras Al Khaimah, we had been established in 2017 to oversee and consolidate the specialized zones and customers of the two fast-growing free zones in the UAE: RAK Free Trade Zone and RAK Investment Authority. We are one of the main investment hubs in the UAE that gives customizable options to free quarter and non-free quarter businesses. From freelancers and startups to SMEs and industrialists, our multinational neighborhood is flourishing in over 50 industries.
Fujairah Free Zones
Creative City Fujairah
Creative City offers licenses to men and women within a Free Zone financial environment. It regulates and processes all authorities formalities, work permits, and visas and simplifies the manner of a commercial enterprise startup. Providing a whole one-stop solution, Creative City provides custom-made services and enterprise packages and ensures expert assistance to its customers at some point of each and every step of a employer formation process.
Umm Al Quwain Free Zones
Umm Al Quwain Free Trade Zone Authority (UAQ FTZ)
UAQ FTZ is situated close to the UAE’s main seaports and inside one hour’s power of Dubai International Airport and Sharjah International Airport, making sure handy access to the rest of the world. Thanks to UAQ FTZ’s investor-friendly environment, setting up a commercial base in the UAE has by no means been simpler. Forward-thinking SMEs and micro-businesses in particular, will benefit from high quality set-up costs, a hundred percent corporation ownership and zero foreign money restrictions.
How to Start a Business in a Free Zone?
Free zone business enterprise setup in Dubai isn’t quite as daunting as the mainland enterprise setup. Companies can be registered as Free Zone Establishment (FZE), Free Zone Company (FZC) and consultant or department workplace in Dubai free zone. The representative or department office might also have their principal enterprise backyard or inside UAE. The FZE and FZC are restricted legal responsibility groups (https://www.paso.ae/dubai-llc-company-formation/) and their activities in the free region are regulated via the independent Free Zone Authority (FZA) which are additionally responsible for issuing licenses. Depending on the free sector location and the class of commercial enterprise carried out, the kind of licenses issued varies from one to another. Free area agency formation in Dubai requires following due laid down techniques by way of the FZA.
The following processes are the stages involved in the setup of a free zone company:
- Selection of felony entity of choice
- Selection of trade name
- Business license application
- Leasing of office space or land
- Acquisition of pre-approval
- Business registration
- Acquirement of business license
Advantage of A Free Zone Company Formation
- 100% foreign ownership
- No UAE partner or service agent required
- 100% repatriation of capital and profits
- Total exemption of corporate and income tax
- Additionally, no duties required to be paid for imports and re-exports
- No restrictions on the use of currency
- Access to open a financial institution account in Dubai
- Entitled to request for UAE residency Visas
- Allowed to keep shares in other UAE and international agencies