A free zone is a designated location where goods and services can be traded with advantageous tax and custom rates.
The UAE has over 50 free zones with some offering generic activities to all industries, whereas other free zones are industry specific. You can opt for a free zone company formation in UAE in any of these free zones.
The concept of a free zone, otherwise known as a free trade zone, is to provide free trading and an industry ecosystem within a set jurisdiction. Free zones are usually attached to ports (such as JAFZA) and/or are industry specific.
Some examples include media free zones, such as Sharjah Media City, Dubai Media City and Fujairah Creative City and technology and IT free zones, like Dubai Silicon Oasis. DMCC is popular for Dubai free zone company formation. Each one is designed to boost international business by providing 100% ownership to expatriates and companies establishing a branch or representative office.
Our team of company formation specialists will ensure you choose the right jurisdiction and business activity when setting up your free zone company formation in Dubai or the rest of the UAE. We advise you on the most economical and suitable options.
At Decisive Zone, our team of experts can secure the company name availability and registration. If the company name is not available, we’ll advise you on suitable alternatives.
Your dedicated company formation specialist will ensure you complete the license application process – quickly and hassle-free.
Once your license is issued, you will be notified and provided with the scanned license documents. Our team will schedule the documents for collection or delivery depending on your availability.
At Decisive Zone, we have an expansive network of banking experts who will assist you in opening a corporate bank account.
If you have selected a license with visa eligibility, we will automatically apply for your immigration card, which will then allow you to issue visas under your license.
Our team of visa specialists will assist you with any visa related queries. Call us today to find out more.
A free zone company cannot physically trade directly with the UAE market. However, the company can undertake local business through a locally appointed distribution agent and will incur a custom duty of 5%. Free zones cannot participate in government tenders.
If you’re thinking of setting up a business in the UAE that involves importing international goods, then you need to think strategically about how to capitalise on the region’s location.
Major economic hubs such as Dubai are welcoming increased levels of investment in executive education and industry-specific training to help the local workforce meet the needs of their fast-growing business sectors.
If you’re an entrepreneur and thinking about setting up a trading business in Dubai, you’ll need to obtain a general trading license in Dubai.
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