Establishing a company in the Dubai Free Zone is a destination for investors and businessmen of different nationalities, as Dubai is considered the business capital of the Middle East. The free zones in Dubai have many advantages for establishing businesses, customs facilities, papers and documents, government support for emerging companies, and a tax and customs exemption system. In this article, we will learn how to establish a company in the Dubai Free Zone.
Steps to establish a company in the free zone in Dubai
Establishing a company in the Dubai Free Zone requires a set of legal steps, which are as follows:
- Determine the type of activity appropriate for the company.
- Choose a trade name that complies with the terms and regulations.
- Apply for a commercial license according to the type of activity.
- Choosing a company headquarters that has all the licenses.
- Obtaining initial approvals from the relevant authorities (submitting a completed application form).
- Business plan.
- Title deed for real estate units.
- Letter of intent.
- Commercial registration identification code template for the manager.
- A copy of the commercial license or registration certificate.
- Colour copy of the passports of the shareholders and the director.
- Sample signature for shareholders and director.
- Financial reports on the company’s budget for two years.
- No objection letter from the sponsor.
- Facility registration.
- Registration request with full data.
- Board of Directors’ decision to appoint a director of the company.
- The company’s articles of association and memorandum of association.
- Director’s signature form.
- Profile picture of the manager.
- Capital.
The most famous free zones in Dubai
Dubai has many free zones and the number is increasing. Here are the most famous free zones in Dubai:
- Dubai Media City.
- Dubai Airport Free Zone.
- Dubai Design District.
- Dubai Academic City.
- Dubai Medical City.
- Dubai Internet City.
- Dubai International Financial Centre.
- Knowledge Park in Dubai.
- Gold and Diamond Complex.
- Dubai Multi Commodities Centre.
- Dubai Silicon Oasis.
- Dubai Media Production City.
- Jebel Ali Free Zone Authority.
- Dubai South.
- Dubai Studio City.
Want to set up a company in Dubai Free Zone?
We have legal consultants to assist you with all the procedures and documents to establish a company in the free zone in Dubai, contact us now.