The UAE is home to more than 40 free zones, making it one of the most difficult countries to start a business in. However, thanks to Etqan's years of business management experience, we are able to help investors choose the best for free. And help them choose an area for their business. With the help of many knowledgeable investors, we are able to establish and launch a company in a free zone in the shortest possible time and at the lowest costs.
Advantages of setting up a company in Dubai:
Some of the advantages of starting a business include Dubai Free Zone includes: 100% repatriation of capital and profits, 100% exemption from import and export duties, no taxes on corporate profits or personal income in most cases, and no Restrictions on the use of currency, low cost of operations.
We have a wide range of pre-built offices, factories and warehouses. These structures come with Quick Actions Incorporation and Licensing. We also have a one-stop shop for customs clearance and administration services that offer various support services such as on-site care and accommodation. They are plentiful and inexpensive, while the infrastructure, communications and attractive work environment are top notch.
Establishing a company in Dubai Free Zone:
Itqans Setting up a company in Dubai Free Zone is much easier than setting up a company in Dubai, as it can be 100% owned by any nationality, and there is no requirement for a partner or sponsor to be a citizen of the United Arab Emirates. The company is registered as a free zone establishment or it is a subsidiary of the free zone, in which case the main company may be outside the UAE.
It is not necessary to be within the territory of the Emirates. Companies located within the free zone are subject to regulation by the authority responsible for the free zone, which is the body that issues licenses to companies. This depends on the location of the free zone and the type of company activity being carried out. Licenses may vary by business. By following a few steps, including applying for a license, a company can be set up easily.
When choosing a company to work with, it is important to agree on a business name first. Once you have obtained the company's trade license, you will need to obtain the initial approval to start the business. Trade license registration will also be necessary. Complete and obtain all business license requirements before starting your own business.
Investing in Dubai is a great choice for investors who want to invest their money in the Arab region or the Middle East in general. There are many advantages to investing in Dubai, including the facilities and advantages that this wonderful emirate enjoys. If you are a businessman or investor (non-Emirati) and want to establish a new business outside your country, it would be a good idea to consider moving to Dubai.
The importance of the economy in Dubai:
Dubai has made a name for itself as a leading region in the tourism, trade and shopping industries for many reasons. One of these reasons is the discovery of oil in Dubai which led to the country becoming one of the richest countries in the world. In addition, Dubai has a peaceful political atmosphere that makes it an ideal place to set up a business. In addition, Dubai has some generous laws that encourage the establishment of companies, such as the tax exemption law. This makes it an attractive place for new work.
Recently, the UAE has witnessed a rapid growth in commercial activity as individuals from all over the world trade in goods and services. One of the main factors that contributed to this success is the fact that the United Arab Emirates has established many companies in its free zones, which provides great flexibility in business organization and management. This has made free zones very popular for businesses of all kinds.
Jebel Ali Free Zone Jebel Ali is one of the largest free zones specialized in the fields of industry, trade and logistics. In the world. It has been operating for more than 35 years, during which time it has pioneered the model of economic zones It is currently being used by other regions around the world. Today, the Jebel Ali Free Zone is home to more than 7,500 companies.
Steps for establishing a company in Dubai:
To set up a company in Dubai, Etqan can help you with that;
- Contact us to get started
- We will assist you in this process and provide you with all the information you need.
- We will take care of everything, so you can relax and enjoy your business trip in Dubai.
To set up a company in Dubai, the first step is to determine the nature of the company's business in Dubai and the types of activities you will participate in. This can be done by reviewing the company's official documents or by speaking with individuals familiar with the industry. Determining the legal form of the company is an important step for investing in Dubai. The different forms of companies include: partnership, public joint stock company, private joint stock company, limited liability company, and other types of companies. Choosing the company's trade name and registering it with the Department of Economic Development is an important step because it allows each company to be easily distinguished from each other according to the terms and regulations. In this step, the role of obtaining the initial approval to start the business in Dubai is acquired. The location of the company must be chosen, whether for rent or purchase. There are many offices available for rent or own in Dubai. The matter may require the approval of the authorities concerned with the activity, such as the Ministry of Interior, the Ministry of Civil Defense, the Ministry of Justice, and the Ministry of Economy.
The legal form of a company in the UAE depends on the nationality of its owners and the type of company you plan to establish in Dubai. The forms of companies are as follows: Solidarity Company: A partnership company can practice commercial and industrial activities only Limited liability companies: Any industrial, commercial or professional activity except for legal activities, auditing and any other type of advisory activity, with the exception of financial advisory activity, provided that the approval of the authorities is obtained control over this activity. Public Shareholding Company: Public shareholding partners may practice commercial, industrial and professional activities. Private Joint Stock Company: A company that may practice any commercial or industrial activity. Civil Business Company: Partners who practice professional activities only. Branch of a Gulf company or a branch of a local company: A branch of a Gulf or local company can carry out all the activities listed in the license of the original company. Branch of a foreign company: Branches of foreign companies can practice professional activities, commercial representation office activity, and indirect commercial activities such as contracting. Free Zone Company Branch: A free zone company branch can practice commercial, industrial and professional activities as long as the activity of the parent company is licensed in the UAE. Sole Proprietorship: A company can engage in commercial, industrial and professional activities.
What licenses are there in Dubai World Trade Center?
There are a variety of licenses that you will need to set up a company in the Dubai World Trade Center. A commercial license is required to conduct commercial activities, such as selling products or services. General trading license is necessary without any restrictions.
A professional license is required for professionals, such as lawyers, accountants, and engineers.
You may be interested in licensing your specialist skills with the Event Management License. E-commerce is a growing industry, and it is important that platforms like this are handled properly. One family office is managed through family members, while multiple family offices are run through advisors who oversee the families' wealth.
You can count on our professional team to help you get your business started with ease. We have offices equipped with all the necessary papers so that you can register your company quickly and easily. In addition, we have a range of integrated services that allow you to choose the model that best suits you. Our team is here to support you every step of the way, from submitting your application to getting your business up and running. Thanks to us, setting up your business is easy and stress-free.
