Free Zone Company Formation in Dubai

Are you looking for a free zone company formation in Dubai? Bizinvestfrim offers comprehensive solutions for investors and entrepreneurs to set up their companies in Dubai’s free zones. It is the economic trade zone in the world and a preferable location for investors. Setting up a business in Dubai comes with numerous benefits, including tax exemptions, full corporate ownership, affordable incorporation, and support infrastructure. Incorporation of companies took place in the free zone for 5 to 10 days. Opening a bank account in Dubai is easy for business owners and it requires minimum paperwork to start the business in the Dubai free zone. Scaling your business in the Dubai market is easy as the process is easy to register a company.

Benefits Of Free Zone Company Formation In Dubai

Dubai’s free zone business setup provides the best conditions for establishing industries with cutting-edge infrastructure, duty and tax exemptions, excellent business opportunities combined with accommodating government regulations, and amenities that make operating a business seem effortless. Some of the perks of starting a company in the Dubai free zone are as follows: 

How to Start a Free Zone Business in Dubai?

Establishing a company in a free zone is a controlled procedure overseen by the relevant free zone authorities. Here are the key steps to free zone company formation in Dubai 

1. Identify the Nature of Your Business Activity

Begin by defining the specific nature of your business activity. This will determine the relevant free zone and the licensing requirements needed for your company formation.

2. Determine Your Company’s Legal Structure

Decide on the legal structure of your company, such as a Free Zone Limited Liability Company (FZ-LLC). This choice impacts your liability, ownership, and tax obligations in Dubai.

3. Register the Trade Name

Select and register a unique trade name that reflects your business. Ensure the name adheres to the regulations of the chosen free zone and is not already in use.

4. Apply for Initial Approval

Submit an application for initial approval from the relevant free zone authority. This approval confirms that your business activity is permissible and meets the local regulations.

5. Create LSA or MOA

Draft a Local Service Agent (LSA) agreement or a Memorandum of Association (MOA) to outline the company structure, ownership details, and responsibilities. This document is essential for registration.

6. Choose Your Business Location

Select a suitable business location within the free zone. Options may include office space, warehouses, or co-working spaces, depending on your business needs and free zone regulations.

7. Open a Bank Account

Once your company is registered, open a corporate bank account in the UAE. This account will facilitate financial transactions and help manage your business operations effectively.

8. Pay Fees and Collect License

Pay the necessary fees associated with company formation and licensing. After payment, collect your business license, allowing you to legally operate within the chosen free zone.

List of Cheapest Free Zones In UAE For 2024

The Cheapest Free Zone in Dubai is RAKEZ with a business license cost starting from AED 10,000.

Documents Required For Free Zone Company Formation In Dubai

The following is a carefully selected list of the paperwork you must provide to the free zone government to register your business in the preferred free zone:

Dubai Free Zone Company setup cost

The ability to establish a business in the Dubai free zone for a remarkably low cost is among its most notable advantages.
Dubai Free Zone company setup costs range from AED 10,000 to AED 30,000. . This depends on how many services or activities a company wants to include in its business plan. Please be aware that these are only starting costs; for a comprehensive estimate of Dubai free zone company setup cost, get in touch with our specialists at Bizinvestfirm.

IFZA Free Zone

AED 12,000*

1. Business Consultation
2. 100% Foriegn Ownership
3. Business License
4. Flexi Office
5. And More

RAKEZ Free Zone

AED 10,000*

1. Business Consultation
2. 100% Foriegn Ownership
3. Business License
4. Flexi Office
5. And More

Ajman Free Zone

AED 12,500*

1. Business Consultation
2. 100% Foriegn Ownership
3. Business License
4. Flexi Office
5. And More

DAFZA Free Zone

AED 13,500*

1. Business Consultation
2. 100% Foriegn Ownership
3. Business License
4. Flexi Office
5. And More

Register your Free Zone Company With Bizinvestfirm!

Free zone businesses enjoy affordable solutions and flexible regulations, making Free Zone Company formation in Dubai an ideal choice for growth. Establishing a free zone corporation is hassle-free, with ample resources available.

At Bizinvestfirm, we ensure you receive comprehensive assistance for a smooth company establishment process. From the initial consultation to securing office space, we manage every step. Contact the corporate experts at Bizinvestfirm for more information on starting your business in a Dubai free zone!