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Freezone company setup in UAE
Free zone business set up
Unique advantages of UAE free zone company formation
When individuals and institutions weigh the options for new company set up in the UAE Free Zone, one aspect firmly tilts the balance in favour – free zones.
Choosing a free zone can depend on many factors: the nature and type of business, the size, flexibility and availability of office space, location and pricing. But the decision to set up business in UAE free zone should be simple enough.
ABU DHABI AND DUBAI FREEZONE COMPANY FORMATION PROCESS
Each Free zone has its own requirements for setting up under them. However, the basic processes are:
First, select the right legal structure within the Free zone:
Free zone Company Establishment (FZE).
Free Zone Limited Liability Company (FZ LLC) or Free zone Company (FZC).
Branch Office.
Secondly, determine the type of license required for business activity:
Commercial License
General Trading License
Consultancy License
Industrial License
Trading License
Then, find an appropriate zone that offers the business activity and license your Abu Dhabi and Dubai Freezone company formation requires.
Next, understand the costs and fees involved in the business setup in the Dubai Free zone or any other Emirate of your choice.
Then, find office/desk space and other facilities within the Free zone.
Also, submit the application to the concerned Free zone authority.
Next, make payment to the Free zone authority on securing approvals.
Lastly, sign agreements and receive a license for your Free Zone company formation.