How Do I Set Up Dubai Free Zones Company?

How Do I Set Up Dubai Free Zones Company?

Free Zone Business Set-ups Business setup in a free zone is comparatively easier than others. Lesser paperwork is involved and the process is faster. If you plan of starting a business in Dubai, here are some basic steps to follow: ● ● ● ● ●

Deciding what legal entity type your business will take up.

Selection of a good trade name.

Application for proper business licensing.

Office space selection is the next step.

Registration and Approval Process is the final step for process completion.

Decision Of The Legal Entity Type There are two types of companies in a Freezone company set up in Dubai. ● These depend on how large the business is, and the number of shareholders. ● One free zone will not be able to register both types of companies. ● It depends on the particular free zone about what kind of company can register. ● One company can also open up its branches in a free zone.

The two types of companies are: ● Free Zone Liability Company ● Free Zone Establishment Company

Choice Or Selection Of A Good Trade Name Once you have decided on a legal entity type, the next step is choosing a good name. The basic requisites for a good name for Dubai Freezone business setup are: ● It should be morally acceptable and under the limits of the order of the country. ● It should follow the legal form of a company. ● The name should not already be registered and unique. ● The name is agreeable with the desired activity and legitimate status. ● It should not have any religious names or be a cause for controversy.

Application For Licensing Of Your Business The business activity defines the type of license one would need for business. There are various types of business licenses available. Some of the business licenses in free zones UAE are mentioned in the list below: ● ● ● ● ● ● ● ●

Trading license/Commercial license Consultancy service license Educational license Warehousing license Freelancer License Manufacturer License Offshore License E-Commerce License

Right Office Space Selection: ● The correct office selection matters a lot in Freezone company set up in Dubai. ● It solely depends on the area you require and the size of your business. ● You should also plan about the number of floors you might require for the company. ● There are two choices: you can either buy an office or lease a space. ● In a free zone, you can choose among the different packages options available. ● The options for packages can be either an office package, executive office, or desk office package.

Final Step: Approvals And Registration

You need to complete a list of documents for approval and the registration process. These documents for Freezone company registration Dubai are mentioned below: ● Filled and Signed Application Form ● Business Plan Approval ● Trade license/Registration Certificate for existing company holders or business owners ● Copies of passport of the manager/director and the shareholders ● Signature of the abovementioned people ● NOC from sponsors of the business ● Bank reference letter ● Notarised Registry Identification Code Form

Thank You Dubai Business Setup

https://www.dubaibusinesss etup.ae/