SET UP A FREE ZONE COMPANY IN THE UAE
Having a plethora of more than 40+ free zones in the UAE, determining the most suitable one for your business can be a crucial decision. Making the right choice among these free zones will undoubtedly pave the way for your business’s success.
Welcome to Shuraa Business Setup, your gateway to company incorporation in over 80 UAE-free zones! With so many options to choose from, we understand the excitement and challenges you might be facing. But fear not! Our expert team is here to guide you through this thrilling journey, ensuring you find the perfect free zone that aligns with your business needs. We’ve got you covered, from location and pricing to flexible desk options and share capital requirements. Let us take the wheel, save you money, and make the whole process a breeze. Say goodbye to stress and hello to success with Shuraa Business Setup!
Active Business Services' -Related Services With Utmost Proficiency, Includes:
- Establishing a UAE Freezone Company
- Acquiring a Trade License
- Registering with the Chamber of Commerce
- Facilitating the Bank Account opening process
- Securing Director Visas for both company and family
- Organising office staff and accounting services and fulfilling all other company requirements
List Of Top Free Zones In UAE
- Full ownership for foreign investors: no local partner is required
- Financial incentives: 0% income tax, no customs duties, 100% profit repatriation
- Simplified business license process through a free consultation
- The sector-specific focus on access to industry expertise
Important Considerations For Setting Up A Freezone Company In The UAE:
Consider the following key points to remember when establishing a Freezone Company in the UAE.
No Need for Physical Presence
In certain free zones, physical presence during company formation is not mandatory; it is only required during the visa processing stage
Limited Direct Interaction with Government Agencies
Freezone companies may need to have ease of direct dealings with Government agencies.
Exemption from Value-Added Tax (VAT)
Businesses operating outside the UAE are exempt from Value Added Tax.
Corporate Tax Exemption
Freezone companies have to file tax even if they are below the threshold.
Versatile Business Types
Freezone companies have the flexibility to engage in B2B activities anywhere in the UAE and B2C operations within the free zone and internationally
Entity Options For Free Zone Company Formation In The UAE :
Establishing a business in the UAE’s free zones is a seamless and straightforward process, thanks to the government’s efforts to attract foreign investors with minimal capital requirements. When setting up a company in the UAE free trade zones, entrepreneurs have the choice of three primary entity types:
- Branch of a foreign or local company
- Free Zone Establishment (FZE) with a single shareholder
- Free Zone Company (FZC) with 2 to 5 shareholders
Variety Of Business Licenses Offered In The UAE Free Zones
Obtaining a business license is an essential step in the process of setting up a business in the UAE free zones. Applicants have the option to obtain various types of licenses based on their specific business activities:
- Establishing a UAE Freezone Company
- Acquiring a Trade License
- Registering with the Chamber of Commerce
- Facilitating the Bank Account opening process
- Securing Director Visas for both company and family
- Organising office staff and accounting services and fulfilling all other company requirements.
List Of Top Licenses for Free Zones In UAE
Industrial License
Permits the importation of raw materials, manufacturing of goods, and exportation of finished products across international border.
General Trading License
Allows investors to engage in the trading of various products.
Trading/Commercial License
Grants a time-limited authorisation to conduct industrial, commercial, or consulting activities.
Service License
Enables operation for law, accounting, and business consultancy firms.
Manufacturing License
Allows applicants to establish and operate manufacturing facilities for the production of goods.
Steps to Set Up a Business in the UAE Free Zones:
Choose Legal Entity
Decide on the type of entity you want to establish in the free zone, considering the capital requirement for that particular
zone.
Select A Trade Name
Pick your company’s unique and permissible trade name, ensuring it is not already registered
Apply For A Business License
Submit the required documents and apply for the appropriate business license based on your company’s primary activity.
Secure Office Space
Determine the suitable office space, either through purchasing or leasing, depending on your business’s needs.
Obtain Approvals And Register
Get initial approval, business approvals, and register your company on the free zone authority’s portal
Obtain The License
Once the process is completed, you will receive your business license to start your operations within 2-4 weeks.
- Services
Licenses - Mainland, FreeZone, Offshore
- Value Added Services
Employment, Resident, Investor Visa
- Golden Visa
10 Year UAE Visa