How to set up a company in dubai free zone?

Contents

  1. Determine the type of legal entity.
  2. Choose a trade name.
  3. Apply for a business licence.
  4. Choose an office space.
  5. Get pre-approvals, register your business and get your licence.

Furthermore, how much does it cost to set up a company in Dubai free zone? The minimum cost of registering a Free Zone Company in Dubai is AED 13,900. Free Zones in Dubai offers a wide range of business activities for investors to start their business in UAE.

Similarly, can a free zone company do business in Dubai? Free zone jurisdictions do not permit companies registered under free zone authorities to do business in Dubai Mainland. … Apart from this, free zone companies can also conduct business in Dubai mainland through a civil company, limited liability company, or by establishing a branch office.

Subsequently, how much does it cost to set up a company in Dubai? Company Registration Fee The exact fee will be determined according to the company’s legal structure, and of course, the chosen free zone. The costs for registering a company in a Dubai free zone is not exceptionally varied; it is usually around the range of AED 9,000 to AED 10,000.

Best answer for this question, what Are Free Zone companies in Dubai?

  1. Dubai Multi Commodities Centre (DMCC) – Commodities Trade and Exchanges;
  2. Jebel Ali Free Zone (JAFZA) – Trading, General Trading, Service, Logistics and Industrial;
  3. Dubai International Financial Centre (DIFC) – Banking, Financial Services and Legal;

Ajman Media City is the cheapest free zone in UAE. This freezone offers investors a range of business activities and business license types at the lowest cost.

Which Free Zone is best in UAE?

  1. Jebel Ali Free Zone Authority (JAFZA)
  2. Dubai Multi Commodities Centre (DMCC)
  3. International Free Zone Authority (IFZA)
  4. Fujairah Creative City Free Zone.
  5. Sharjah Media City Free Zone (Shams)
  6. Sharjah Publishing City Free Zone (SPCFZ)
  7. Ras Al Khaimah Economic Zone (RAKEZ)

Can Freezone sell to mainland?

A company established in Freezone can carry out business in Mainland subject to the restrictions imposed by the law of the UAE. … The Free Zone trading company can export the goods to the Mainland companies by following the UAE Customs procedures.

Can a Freezone company rent office in Dubai?

Most freezones in Dubai require you to rent a physical office space. However, freezones like the DMCC and Dubai South offer flexi-desks starting from AED 16,000 per year.

What is difference between mainland and Freezone UAE?

The fundamental difference between mainland and free zone is that Free Zone Company cannot conduct its operation in non-free zone without the support of a local agent whereas a mainland company freely operates its business activities anywhere in UAE. There are numerous free zones in Dubai.

How much is LLC license in Dubai?

The cost for LLC license (with General Trading activity) in Dubai will be AED 26,990 approx. which is roughly $ 7350 for the first year. License renewal cost for next year will be reduced by AED 12,000 so Renewal cost will be AED 14,990 approx.

Can a foreigner register a company in Dubai?

Yes, a foreigner can start a business in Dubai, and many do. … Dubai actively welcomes investors and business owners from overseas. The emirate is home to many company formation experts and setup agents, created to help guide foreign entrepreneurs through the license, visa, and business incorporation processes.

How can I start a business with no money in Dubai?

  1. Pet sitting. An increasing number of UAE residents now own pets.
  2. Tutoring / Instruction.
  3. Consultancy.
  4. Cleaning Services.
  5. Build websites.
  6. Social media expert.
  7. E-commerce store.

What is Freezone business setup?

UAE Free Zones are areas for business designated by the government in order to encourage prospective investments from all across the world. … Those who aspire to start their own business setup can find opportunities in company formation within a free zone.

How do I start an LLC in Dubai?

  1. Determine the type of legal entity.
  2. Choose a trading name.
  3. Apply for a business license.
  4. Choose an office space.
  5. Get pre-approvals, register your business and get your license.

How can I register a company in Dubai?

  1. Select business activity.
  2. Get a local partner (if required)
  3. Select a company structure.
  4. Finalise your company name.
  5. Get initial approval and external permits.
  6. Rent a commercial space.
  7. Make relevant payments.
  8. Get your trade license.

How can I start a virtual company in Dubai?

  1. REGISTER THE COMPANY.
  2. UPLOAD THE DOCUMENTS.
  3. TRACK THE STATUS OF YOUR VIRTUAL COMPANY LICENSE APPLICATION.
  4. Confirm your identification at VFS Global.
  5. PAY THE COST OF THE VIRTUAL BUSINESS LICENSE.

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