Free Zone Business Setup in UAE
Establish your business in one of the UAE’s thriving free zones and enjoy complete ownership, tax benefits, and streamlined business processes.
What is a Free Zone Business Setup?
A free zone is a special economic area within the UAE that offers foreign investors and companies numerous advantages, including 100% ownership, zero import/export duties, and tax exemptions. Each free zone is designed to support specific industries, making it easier for companies to thrive in their sector.
Why Choose Free Zone Business Setup?
Starting a business in a free zone offers several competitive advantages:
- 100% Foreign Ownership: : Unlike mainland companies, free zone businesses do not require a local partner.
- Tax Exemptions: Benefit from corporate tax exemptions for a specific number of years, and no personal income tax.
- Easy Import/Export: No customs duties for goods traded within or re-exported outside the UAE.
- Repatriation of Profits: Full repatriation of profits and capital is allowed.
- World-Class Infrastructure: Free zones offer state-of-the-art office spaces, warehouses, and logistics facilities to support businesses.
Types of Free Zone Business Licenses
Depending on your business activities, free zones offer a range of business licenses:
- Trading License: For importing, exporting, and trading specific goods.
- Service License: For providing professional services.
- Industrial License: For manufacturing and production activities.
- E-Commerce License: For online trading or conducting business on the internet.
Each license is issued based on the business activity, and certain free zones are specialized in specific industries like media, technology, or logistics.
Free Zones in the UAE
The UAE is home to more than 45 free zones, each catering to different industries and sectors. Some of the most popular free zones include:
- Dubai Multi Commodities Centre (DMCC): Ideal for commodity trading, especially in gold, diamonds, and tea.
- Jebel Ali Free Zone (JAFZA): Specializes in logistics and manufacturing industries.
- Dubai Internet City (DIC): A hub for IT companies, tech startups, and digital innovation.
- Sharjah Airport International Free Zone (SAIF Zone): Known for its competitive setup costs and proximity to Sharjah International Airport.
- Abu Dhabi Global Market (ADGM): Focuses on financial services and international business.
Documents Required for Free Zone Business Setup
The process of setting up in a free zone is streamlined, but it still requires certain documentation:
- Application form from the relevant free zone authority
- Copy of passport and visa of the business owner
- Business plan (in some cases)
- Shareholder’s resolution and Memorandum of Association (MOA)
- NOC if the shareholder is a UAE resident on a sponsored visa
- Proof of address for international businesses
Steps to Set Up a Free Zone Business
Setting up a business in a UAE free zone can be broken down into the following steps:
- Select the Free Zone: Identify the free zone that best aligns with your business activity.
- Choose a Business License: Determine the type of license you need based on your business activities.
- Register Your Company: Submit your application and required documents to the relevant free zone authority.
- Lease Office Space or Warehouse: Secure the office space or warehouse needed for your business operations.
- Obtain the Business License: Once approvals are granted, your business license will be issued, and you can start operating.
At Safa Services, we manage all aspects of the setup, from selecting the free zone to document submission, ensuring a smooth and timely process.
Advantages of Free Zone Business Setup
- No Corporate Taxes: Free zones provide an ideal tax-free environment for businesses.
- Industry-Specific Clusters: Operate in a business-friendly environment tailored to your industry needs.
- Fast Business Setup: Free zones offer a fast-track setup process, allowing you to be operational within days.
- Work Permits and Visas: Free zones offer streamlined visa processes for employees and investors.
- Strategic Location: Many free zones are strategically located near seaports, airports, and major highways, offering logistical advantages.
Why Choose Safa Services?
At Safa Services, we specialize in helping businesses of all sizes set up in UAE free zones, offering expert consultation and end-to-end support.
- Tailored Business Setup Solutions: Whether you’re starting a trading company, an IT business, or a manufacturing unit, we offer customized solutions.
- Expert Knowledge: Our team has extensive experience in dealing with various UAE free zones and their respective regulations.
- Hassle-Free Process: We handle everything from selecting the best free zone for your business to managing all paperwork and approvals.
- Post-Setup Services: We provide a range of post-setup services, including PRO services, bank account opening, and visa assistance.
Ready to Start Your Mainland Business?
Contact Safa Services today for a free consultation and let our experienced team guide you through every step of setting up your business in UAE's mainland.