Overview for Business setup in UAE Free Zones
Business setup in UAE Free Zones is are a very popular destination for Business. There are many advantages in general for setting a new company in UAE free zone and especially in Dubai Free Zone.
These are the benefits of starting a business in UAE Free Zones.
- 100% Ownership
- Individual ownership
- have a bank account in UAE banks
- 100% Secrecy maintained
- 0% Tax until the total turnover reaches a 175000, then 5% tax will be applied
- Cheaper Renewal Charges
- Liquidation of Free Zone Company License can be done at anytime
- Allow you to do international business
- Can do multiple activities
- Can own Properties
People always seeking job vacancies in UAE Free Zone which make it easier for the business owner to hire the best workers for your company.Business owners can register their business in UAE Free Zone as limited liability companies or register as sole traders. The foreign firms can establish a business in UAE Free Zones with a corporate shareholder or branch offices. The company owner can also run as the only vendors if they apply for one Free Zone professional license.
Free Zone Business setup can be a lot easier with excellent setup consultancy. Our consultancy knows the UAE market very well and they will help you to choose the best business setup in UAE Free Zone that will suit your need and budget. Our service includes a complete documentation for Free zone company license in addition to assisting in UAE visa application and UAE bank account. Excellent Setup have a clear mission to inform our client about the exact Free Zone company setup cost and all the steps required from the first meeting.
There are various types business setup in UAE Free Zones licenses
- Trading licenses
- Service license
- General trading licenses
- Industrial licenses
- National industrial licenses
For some activities, the Free Zone Authorities will require minimum share capital, and that will vary depending upon which Free Zone the company will be set up.
If you are looking to start a business in the UAE Free Zone, this a list of free zones in UAE. Note this a list of the Free Zone that will be explained in details on the website, however, our consultants work closely with all UAE Free Zones.
- Hamriyah Free Zone in Sharjah
- Sharjah Airport International Free Zone
- Ajman Free Zone Authority
- RAKIA Free Zone in Ras Al Khaimah
- Ras Al Khaimah Free Trade Zone
- Fujairah Creative Free Zone
- Fujairah Creative Free Zone
- Umm Al Quwain
These the list of Dubai Free Zones
- Jebel Ali Free Zone
- Internet City
- Media City
- Metal and Commodities Center
- Investment Park (only through JAFZA )
- Silicon Oasis
If you want to know more about any of UAE Free Zones contact us today we offer free Consultancy and we are happy to help to have the best affordable company registration in the UAE free Zones.
Things to remember when setting up a company in Dubai, UAE
Business Setup In UAE is an exhilarating idea to begin with. There is no doubt that the possibilities UAE offers startups, entrepreneurs, and corporations are vast and lucrative. In addition, UAE has access to global markets and trading with ideal business conditions to facilitate economic growth.
It is a global retail hub and the 15th largest international commercial center. If you successfully launch a business and augment it well, there is no limitation to how far you can go. However, dreaming big about Dubai Freezone Company Formation is not sufficient. To actualize, it needs a good strategy of measure and in-depth thought. Therefore, we bring you a set of elements to consider and consider before taking the giant leap toward creating your own Business Setup In Dubai.
Plan of Idea- Describe Expectations Clearly
Every excellent idea starts with a strategy and the will to bite the bullet and take a chance. However, giving up on a steady life and beginning a labored journey isn’t for the faint-hearted. So, before you initiate anything, structure a plan regarding the strategy and growth you wish to drive in your firm.
Business Framework, Model & Architecture
UAE harbors a lot of companies and startups varying across different industries. It may make you feel that every enterprise idea may work smoothly, but it usually needs much work.
Ensure Your Business Marketing Strategy Incorporates Your Client Base
To guarantee it goes a long way, you must reach the correct audience and clients for your product or service. It needs an accurate business marketing strategy that includes the client base. It means you should have all your analysis on the customer base you are targeting before Freezone Company Setup.
Understand the Contrast Between Your Home and The UAE Market
Good knowledge of the market you intend to enter, its business network, behavior, and standards are fundamental. It is right to point out that every market is impacted by its people, culture, and traditions and can be distinct from one another.
Determine the Legal Structure Serving Your Business Movement
The legal structure of each company zone in the UAE is distinct, for instance, Dubai Freezone Company Setup. Therefore, there are clear legal structures for every type of company that you should consider before initiating a business.
Location Best Fitted To Your Business – Pick the Right Authority
Depending upon the firm type, you must select a business zone for your company setup in UAE.
The naming of the Company & Paperwork
After you have done your homework, analyzed the kind of business you want to establish within the jurisdiction, and reasoned out the other prerequisites, the next step is naming your enterprise.
Finding an Office Space
You will find multiple websites offering office spaces for Freezone Company Formation. However, with the growing number of companies in the UAE, discovering the ideal workspace may not be straightforward.
Sponsorship- Choose Carefully
Discovering an Emirati as a sponsor who you can rely on and depend upon is an excruciating job. But the point to consider is whether every company will need a sponsor.
Partnering With a Company Setup Counselor
Collaborating with a consultancy that sets up a business in the UAE, like Excellent Setup Management Consultancy, is always a fine idea. Therefore, contact Excellent Setup Management Consultancy for Top Business Setup In Dubai Free Zone today!