UAE Freezone Company Formation

Unique advantages of UAE free zone company formation

UAE Free Trade Zones (FTZ) are determined geographical areas where UAE mainland taxes, employment, and import-export restrictions on business don't apply, as well as lowered bureaucratic requirements, making them the desired destination for foreign investors.

Starting a business in one of the UAE's Free Trade Zones can be a lucrative option for foreign investors. However, choosing the right Free Zone for your business requires in-depth market knowledge. 

With over 45 free zones in the UAE, our team can recommend the ideal Free Zone based on your business conditions, visa and office requirements, and investment budget. Business Setup Experts at Centriz always carefully consider all factors to recommend the best place to register your business in the UAE to enable its economic growth. Contact us today for insightful advice on company formation in UAE Free Zones.

Benefits Of Business Setup in UAE Free Zones

• 100 % foreign ownership of the enterprise
• You can open a bank account in Dubai
• 100% Secrecy maintained
• No personal income and corporate taxes
• Fewer renewal charges
• Hassle-free employee recruitment formalities 
• Enjoy Logistic advantages
• Free zone entities are devoid of export and import charges. 
• 100 % repatriation of capital and profits
• Very few restrictions on recruiting labor

How to initiate a free zone business setup in UAE?

1. Choose your business type
2. Obtain business license
3. Select a free zone
4. Choose your corporate structure
5. Choose your trade name
6. Get initial approval
7. Sign legal documents

Each free zone in Dubai has its rules for business activities and license types. You cannot mix commercial and service activities; it's a general rule for all free zones. Get the license according to your business activity!

When setting up a free zone business in Dubai, you must clearly understand the free zones and the business activities permitted in each free zone. Consult with a professional to select the most suitable free zone.

Decide on your company's corporate structure, which can be an individual company, a subsidiary with shareholders, a joint venture, an LLC, or a branch of a foreign company.

Select a trading name for your company and prepare a list of documents required by the chosen free zone. The standard list of documents includes a copy of passport, EID, NOC if UAE resident, residential proof, and initial approval.

Get initial approval for the company name, business activity, and proposed company structure.

Following initial approval, a meeting will be scheduled with the free zone representative. Alternatively, this requirement can be bypassed by providing the representative with power of attorney and notarized documents.

Find a commercial property within the free zone to proceed with the final stage. Choose a suitable option and sign a tenancy contract to obtain the Ejari certificate.

Once you have registered all the documents and obtained all the necessary approvals, the license will be issued along with corporate documents.

When adequately planned, the business setup process can take 1 to 4 weeks. Remember that each license is valid for one year and must be renewed annually.