Freezone Company Formation

Free Zone Company Formation in Dubai, UAE

In the United Arab Emirates, business investors get the choice to choose their area of commercial operations. Free zones in Dubai offer the best markets to thrive. It is not only for recognized businesses but also for new aspiring entrepreneurs.

Alpha Golden Business Group specializes in providing necessary assistance. We have been in the field for years now. We provide complete support and guidance in processing documentation needed to set up a business venture.

What do we do?

Starting from guiding our clients in opening bank accounts, bookkeeping, audit reports, analyzing project reports, and getting approvals from respective authorities, we provide all-round assistance. Our advisory services prove useful for all commercial registrations and business continuity.

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Free Zone Company Formation in Dubai, UAE- An Overview

What is a Free Zone?

A Free Zone in UAE is a jurisdiction or geographical region that allows an entrepreneur to set up business activities permitted by the authorities. One requires a free zone license in Dubai to set up a business. Free Zone licenses in UAE and Dubai are mainly issued based on approved business activity.

Types of Free Zones in UAE

UAE has 45 Free Zones spread among the seven emirates. Many new Free Zone jurisdictions are under construction. The total number of these Free Zones will increase in the coming years, leading to more interest among foreign investors.

Some of the well-known Free Zones in Dubai are:

  • Dubai Airport Free Zone
  • Dubai Gold and Diamond Park
  • Dubai Industrial City
  • Dubai cars and Automotive Zone
  • Advantages of Free Zone

If you are planning to start a Free Zone company in Dubai, you are on the right track. A significant advantage is that 80 % of the UAE population are expatriates. Foreign investors find it easier to do business here. It allows them concessions in regulatory fees and exemptions in income tax.

What is a Free Zone Company?

Free Zone is, also known as Free Trade Zone, is a specially designated economic zone that operates under the government regulatory body known as the Free Authority (FZA). Free Zone Authority (FZA) is a body that handles activities related to a Free Zone company such as approving business operations and issuing licenses. The Commercial laws that are applicable for Mainland companies do not apply here. Offshore companies are also free zone companies. They can have an LLC partnership business structure under an emirate`s particular Free zone jurisdiction and cannot operate in the mainland. They do not have to report to the ministry of economy and customs authorities. They only have to deal with the Free Zone authorities. These are designated regions open for any particular commercial activity. Most of these places are developed in around the transit areas like airports and sea ports. It enables investors to improve their trading activities.

Advantages of freezone company setup in Dubai

  • It allows 100 % ownership of a company. A local sponsor as a majority shareholder or a local service agent is not compulsory anymore.
  • Waiver of Corporate taxes
  • Personal tax, export, and import tax are exempted.
  • Investors can avail long term lease options, up to 25 years, at attractive terms
  • Easy and faster recruitment process of employees
  • Hassle-free and quick registration for commencement of business in Free zone compared to the Mainland areas.
  • Easy access to immigration, labor, and legal services.
  • 100 % free repatriation of funds in any currency.

Process for a Dubai freezone company formation?

An investor has to follow this procedure to set up a business in a Free Zone.

  • Select a name for the business as per UAE laws
  • Apply to the authorities for a trade license
  • Select a business space for operations
  • Obtain approvals from authorities, register the company and get a license.
  • Why Should You Choose Alghaf Golden Business Group?
  • Dubai has the greatest number of Free Zones among all the Emirates. Alghaf Golden has the most experienced team of business consultants working tirelessly for clients from different industrial sectors. We have excellent infrastructure in Dubai to offer the best consultancy in business set up in Free Zones. We are well-versed with the rules and regulations required for Freezone Business Setup in UAE. ] We are adept at handling documentation applications, getting approval from authorities, and arranging employee visas.