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Business Setup in Dubai Free Zone
Establishing business in free zones in the UAE can be a long and tiring process. Extensive paperwork and running after business consultants can take a toll on your mental and physical health. However, business setup in UAE free zones especially for business setup in Dubai Free Zone with Evergreen can save you time and energy. We have gathered all the necessary information to help make it happen for your business.
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What is a Free Zone in Dubai
A free zone is a segment of clearly defined and isolated land or setting, with a special tax, customs and imports regime, that is different from the mainland area (country) usually involving a status of extra-territoriality. Free Zones are planned for boosting international businesses through providing 100% ownership to expatriates and single window administration convenience. In the UAE, free zones are either attached to ports or industry specific which makes them ideal for global operations.
Why to choose free Zone for Business Setup
The main idea of establishing business in free zones in the UAE was for them to serve as a central business hub for companies willing to conduct business with the outer world, not specifically in the UAE. Therefore, UAE free zone companies are intended to operate within the corresponding free zone as a hub for the worldwide operations and are not licensed to operate within the rest of the UAE. As a result most of the free zone companies during the initial days were engaged in import and re-export activities. But today, a large majority of such free zone companies do business with their clients in UAE and GCC through their local distributors.
How to do Business setup in Dubai Free Zone
Each free zone in the UAE has its own set of laws. However, most of the businesses in the Free Zones fall under the following broad categories based on their business activities.
Branch of a foreign company (outside of the UAE) or a branch of an offshore company (subject to approval of the free zone authority) Free Zone Establishment/Company (FZE/FZC/FZ LLC)
Branch of a foreign company (outside of the UAE) or a branch of an offshore company (subject to approval of the free zone authority) Free Zone Establishment/Company (FZE/FZC/FZ LLC)
Dubai over the last few decades has become the preferred choice for businesses to grow or expand their business. Not just the already established organisations, but also new entrepreneurs prefer Dubai to start their new ventures! The reason for this growing popularity is:
If you are a newcomer to the world of Dubai, by the time you have read this article, you would be aware of the benefits and steps to start your business in Dubai; especially in Dubai Free Zone – the most preferred economic zone.
A free zone is an economic zone or jurisdiction that is identified to exchange goods and services with superior import and export customs and other operational benefits. We know reading the easy steps to establish your business in Dubai makes you excited to start the journey, But before you do that, let us share a few other benefits apart from these. We shared the easy and minimal steps to business setup in the Dubai free zone.
Below are some of the common documents required across the different types of free zones to set up a business in Dubai or the UAE:
Key Highlights of Business Setup in Dubai Free Zone
Smart Steps To Take Before You Setup a Business In Dubai Free Zone
Answers to Common Corporate
Business Questions
What is a free zone in Dubai?
A free zone is a designated area where foreign companies can establish a business with simplified regulations and 100% ownership.
Why choose a freezone for company formation?
What types of businesses can Evergreen Businessmen Services help establish in Dubai free zones?
Can I have 100% ownership of my company in a Dubai freezone?
What is the process for company formation with Evergreen Businessmen Services?
Are there specific requirements for choosing a brand name in Dubai?
What are the required documents for company formation in a Dubai freezone?
How long does it take to complete the company formation process?
Are there any ongoing compliance requirements for companies in Dubai free zones?
What ongoing support does Evergreen Businessmen Services offer after company formation?
Are you interested in business setup in Dubai Free Zone and wondering about the cost of opening a company in Dubai free zone? Contact Evergreen today for business setup guidance in Dubai Free Zone and enjoy seamless setup for your business. Take your business global from the heart of Dubai.
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