Open a Company in Dubai Free Zone – Get Free Consultation
Many business owners seek to launch their companies in Dubai because of its reputation as a major international commercial hub. If you belong to this group, you might want to think about establishing your company in one of Dubai’s free zones. These zones provide businesses with a variety of advantages, including as tax breaks, 100% foreign ownership, and simple company creation processes.
We’ll walk you through the process of forming a business in one of Dubai’s free zones in this comprehensive guide.
Step 1: Choose the Appropriate Free Zone
Each of the more than 20 free zones in Dubai has a different set of benefits. Based on your intended business activity and the kind of organization you wish to establish, you must choose a free zone. If you want to start a media company, for example
Step 2: Determine the Kind of Business
After deciding on the free zone, you must determine the kind of business you wish to launch. You can choose between a Free Zone Corporation (FZC), which has many owners, and a Free Zone Establishment (FZE), which is a single shareholder company.
Step 3: Choose an activity and trade name
The free zone authorities should have approved the name of your company and it should accurately describe your line of operation. Also, you’ll need to identify your business activity and acquire the required licenses.
Step 4: Register Your Business and Apply for a License
You must apply for a license and provide the free zone administration with the necessary documentation. You can proceed to register your business with the appropriate authorities after receiving your license.
Step 5: Establish a Business Bank Account
You’ll need to open a corporate bank account in Dubai in order to conduct business there. A variety of national and international banks are available to you.
Step 6: Acquire Employee Visas
You must secure visas for any staff you intend to hire. You can get help from the free zone authority with your visa application.
Step 7: Start Your Business Operation
Once all the requirements are finished, you can begin operating your business in Dubai’s free zone.
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