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Business Development
Mindful strategic planning is the foundation of your business following the right path to scale continuously. Our plans help you discover threats and potentials to always keep you on track.
Business Administration
Ah, the dirty paperwork. You don’t have to worry about it because we navigate you in the midst of difficult administration processes in several fields, such as finding the perfect free zone for your company in Dubai.
Property Investment
Dubai’s real estate market has witnessed rapid growth, so why not make great use of it? We’ll research the market, share trends and reveal all tax benefits you couldn’t even imagine before.
Branding & Marketing
Establishing a business in Dubai is one thing. To make it prosper is another. With our strategically planned branding & marketing activities, we’ll convert your business into a flourishing and memorable brand.
Our VIP services are designed to hold your hand every step of the way. You get exclusive backup support, no matter how much you invest in our guidance.
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If you’re not 100% sure why moving your business to Dubai will accelerate your growth, this case study will give you all the answers.
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Free Zones refer to designated areas within a country where businesses enjoy certain benefits, such as reduced regulations, tax exemptions, and customs duty privileges, aimed at promoting foreign investment, trade, and economic growth. Dubai, being a major global business hub, has several free zones that cater to different industries.
Key features of free zones in Dubai include:
100% Foreign Ownership: In most free zones in Dubai, foreign investors can own 100% of their businesses, which is not possible in the mainland UAE where local partners are usually required.
Tax Benefits: Companies operating within free zones usually enjoy exemption from corporate and personal income taxes for a certain period, often extendable.
Customs Duty Benefits: Goods imported and re-exported within the free zones are generally exempt from customs duties.
Simplified Regulations: Free zones offer streamlined administrative procedures, which make it easier to set up and operate a business.
Infrastructure and Services: Free zones often provide state-of-the-art infrastructure, business facilities, and support services, making them attractive for various industries.
Access to Markets: Companies in free zones can access regional and international markets more easily due to Dubai’s strategic location and excellent logistics facilities.
Repatriation of Profits: Businesses can usually repatriate their profits and capital without restrictions.
Flexibility in Hiring: Companies in free zones can sponsor foreign employees without the need for a local sponsor, as is the case in the mainland UAE.
Dubai has established various free zones tailored to specific industries such as technology, finance, logistics, media, healthcare, and more. Some well-known free zones in Dubai include Dubai Multi Commodities Centre (DMCC), Dubai Internet City (DIC), Dubai Media City (DMC), Jebel Ali Free Zone (JAFZA), Dubai Healthcare City (DHCC), and Dubai International Financial Centre (DIFC), among others.
It’s important to note that the specifics of regulations, benefits, and requirements can vary between different free zones. Before setting up a business in a Dubai free zone, it’s recommended to research thoroughly and consult with our professional to understand the specific rules and regulations that apply to your industry and business type.
We can help you understand the general process and considerations for establishing a business in a Dubai-based free zone. However, please remember that specific regulations, requirements, and procedures can vary between free zones, industries, and business types. It’s crucial to conduct thorough research and consult official sources or legal experts for accurate and up-to-date information tailored to your situation.
That said, here’s a general overview of the types of businesses that can typically be established in Dubai-based free zones:
Trading Companies: Import and export businesses dealing with goods ranging from consumer products to industrial equipment.
Consulting and Professional Services: Businesses offering consulting, advisory, legal, accounting, marketing, and other professional services.
Technology and IT Companies: Software development, IT services, e-commerce platforms, and tech-related businesses.
Media and Creative Industries: Advertising agencies, media production companies, graphic design studios, and content creation.
Logistics and Warehousing: Companies involved in distribution, storage, and logistics services.
Healthcare and Pharmaceuticals: Medical clinics, pharmaceutical distribution, healthcare services, and medical equipment supply.
Manufacturing and Industrial: Companies involved in light manufacturing, assembly, and industrial activities.
Education and Training: Training centers, e-learning platforms, vocational training, and educational institutions.
Retail and Wholesale: Retail outlets, online shops, and wholesale distribution of various products.
Food and Beverage: Restaurants, cafes, catering services, and food and beverage distribution.
Financial and Investment Services: Investment advisory firms, asset management companies, and financial consultancies.
Real Estate and Property Development: Companies engaged in property development, real estate services, and property management.
Tourism and Hospitality: Hotels, travel agencies, tour operators, and related hospitality services.
Remember that each free zone may have specific regulations, benefits, and restrictions related to certain business activities. It’s essential to thoroughly research the free zone that aligns with your business goals and ensure that your chosen business activity is permitted in that zone. You must also consider licensing, legal structures, minimum capital requirements, and potential visa options for owners and employees.
For accurate and current information, consider contacting the relevant free zone authority or consulting with our business professionals specializing in company setup within Dubai’s free zones.
The specific documents you need to conduct business in Dubai can vary depending on factors such as the type of business, the free zone you’re operating in, and the nature of your business activities. Here’s a general list of documents that are commonly required when setting up and conducting business in Dubai:
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Business Plan: A detailed business plan outlining your business objectives, target market, products or services, marketing strategies, financial projections, and other key information.
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Passport Copies: Passport copies of shareholders, owners, and key personnel involved in the business.
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Visa and Immigration Documents: Valid visas and immigration documents for owners, partners, and employees working in the business.
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No Objection Certificate (NOC): If you are already employed in the UAE and wish to establish a business, you might need an NOC from your current employer.
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Memorandum of Association (MOA) and Articles of Association (AOA): These are legal documents outlining the company’s structure, shareholders, ownership percentages, and business activities.
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Proof of Address: Documents proving your business address, such as a tenancy agreement or lease agreement.
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Trade Name Reservation: Confirmation of the reserved trade name for your business.
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Share Capital: Proof of the required share capital, if applicable.
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Bank Reference Letter: A letter from your bank confirming your good financial standing.
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Power of Attorney: If you are appointing someone to represent your company in legal matters, you might need a power of attorney document.
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License Application: The specific license application form provided by the relevant free zone authority.
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Lease Agreement: A copy of the lease agreement for the office or facility within the free zone.
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Financial Statements: Financial statements or projections for your business, depending on the requirements of the free zone.
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Company Structure: Details of the company’s organizational structure, including management roles and responsibilities.
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Approval Documents: Any necessary approvals from relevant regulatory bodies, depending on your business type (e.g., healthcare, food services).
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Health and Safety Regulations: Compliance documents related to health and safety standards within the free zone, particularly for certain industries.
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Customs Declaration: For businesses involved in import and export, you may need customs declaration documents.
It’s important to note that the specific requirements can vary significantly based on factors like the type of business activity, the free zone you’re operating in, and any recent regulatory changes. Before proceeding with your business setup, it’s highly recommended to consult with the relevant free zone authority, legal experts, or our business consultants who specialize in Dubai’s regulations and procedures. This will ensure that you have accurate and up-to-date information tailored to your situation.
The time it takes to register a company in Dubai can vary depending on several factors, including the type of business, the chosen free zone, the completeness of your documentation, the efficiency of the registration process, and any potential changes in regulations. Generally, the process can range from a few weeks to a few months. Here’s a rough breakdown of the different stages and estimated timelines:
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Preparation and Documentation: This phase involves gathering all the required documents, completing the application forms, and finalizing your business plan. Depending on the complexity of your business and how quickly you can gather the necessary documents, this step could take a few weeks to a month.
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Name Reservation and Initial Approvals: Once you’ve submitted your application and documents, the free zone authority will review and approve your business name and initial application. This stage can take anywhere from a few days to a couple of weeks.
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Lease Agreement and Office Setup: You’ll need to secure a physical address within the free zone, usually through a lease agreement. The time it takes to finalize the lease and set up your office space can vary, but it may take a few weeks.
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Payment and License Issuance: After finalizing the lease and office setup, you’ll need to pay the necessary fees, which can include license fees, registration fees, and other charges. Once the payment is processed, the free zone authority will issue your business license. This step can take a few days to a couple of weeks.
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Immigration and Visa Processing: If you and your employees require UAE residence visas, this process can be initiated after obtaining the business license. Visa processing times can vary based on the type of visa, the volume of applications, and any additional security checks. This phase can take several weeks to a couple of months.
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Bank Account Opening: Opening a business bank account in Dubai can also take some time, depending on the bank’s internal processes and requirements. This step may take a few weeks.
It’s important to note that these timelines are approximate and can vary based on individual circumstances and the specific free zone you choose. Some free zones offer expedited processes for certain types of businesses, while others might have more rigorous procedures that can extend the timeline.
To get the most accurate and up-to-date information about the timeline for registering your specific type of business in a particular Dubai free zone, it’s recommended to reach out directly to the relevant free zone authority or consult with our professional business setup advisors who have experience in Dubai’s business registration processes.