UAE Free Zone Incorporation Process for Every Investor

Free zones are business vehicles that offer a powerful setup structure to business owners with numerous benefits to prosper as a tax free entity. Free zones are geographically defined jurisdictions that offer company formation benefits such as 100% business ownership, access to bank account in Dubai, financial privacy, 100% tax exemption, lower renewal charges and other exclusive benefits for different zones.

While these zones are a heaven for business owners seeking tax free environment to run their operation freely, learning how to incorporate a free zone company can save a lot of time and capital at the time of action. 

Legal Entity

Decide the type of legal entity your business is about. There are two options for free zone company setup.

•        Free Zone Limited Liability Company (FZ LLC)

•        Free Zone Establishment (FZE)

The main difference is the number of shareholder and the type of shareholder. To make sure your company type is compatible with the zone, you can check this individually by consulting the respective free zone authority. 

Trade Name

Selecting a trade name is not just a legal requirement, but also a deciding factor for the ultimate success of your setup. The trade name must be unique and should reflect your business ideals and goals. You can hire a professional business setup agency to look after everything with Brand name, logo design and corporate identity. 

Capital Requirement

There is no specific capital set for free zone company setup since each zone has their own pricing structure. However, zones such as Sharjah and Ajman can start from AED 15,000 to AED 18,000 respectively. 

Business Activity

Without determining your business type, you cannot register for a business license. The activities can range from trading, services and industrial sectors which are further branched into their sub categories. Freezones in UAE offer specialized incentives to specific business types. For instance, Media City Free Zone Authority gives exclusive benefits to business related to media fields such as broadcasting, news, architecture, graphic design etc. 

Office Space

Office space is the last and final step to completing your company incorporation process. There are numerous work spaces available with flexible leasing plans near commercial districts in UAE for almost all types and capacities of business. You can also hire a good PRO agency in Dubai to procure a decent space according your preferences.