Company Formation in UAE
THe UAE Free Economic Zone is one of the ultimate solutions for onshore UAE company formation. There are over 50 free zones in the United Arab Emirates where you can register your company and get license for any business activity. Each free trade zone is designated for different specific business activities. There are several examples of business operations within different UAE free zones:
- "Dubai Silicon Oasis" – technology
- "Jebel Ali Free Zone" – manufacturing and logistics
- "Dubai Internet City" – IT companies
- "Knowledge Village" – education and training (schools, universities, training centers), etc.
Company formation in UAE Free Zone - Benefits
Having a company in free economic zone gives you an opportunity to run your business on the territory of your zone accordingly. A company in Free Zone has characteristics of the offshore company (tax-free) which are essential for international business operations, but in reality it is a classical onshore company. Such combination of characteristics is beneficial for tax-optimization of your company outside the UAE and your financial operations will not doubt any tax authorities.
Key Benefits of Company Formation in UAE:
- Possibility of 100% business ownership
- Income and VAT tax free
- Export/import duty free
- No restrictions on capital repatriation
- Resident Visas for investors, employees and family members
- Loyal employment rules
- Developed infrastructure
- Available energy resources
- Fast developing economy
- Independent Free Zone authorities
- Politics free economic decisions
- You can register a new company in Free Zone or set up a subsidiary of an existing one. The required list of documents can vary from zone to zone accordingly. In order to get more information about company formation, please leave us your online request.
UAE Company Formation - Terms and Conditions
Terms and conditions, as well as a cost of Dubai company formation vary from zone to zone. In general, it takes up to three weeks to register a company in the UAE Free Trade Zone. Our company can help you with the whole procedure of registration, starting with preparation of required documents for company formation UAE up to the final step of getting the license. We will need only three days of your personal presence in UAE for Dubai company formation. Only special cases might require longer stay, however, our experienced consultants will inform you about it in advance on the initial stage of the process of company formation UAE.
In general, the minimum cost of UAE company formation in Free Trade Zone is about USD 6000. However, it can vary in different zones depending on zone location and its prestige. Another factor that effects registration cost is a type of business activity. Every Free Economic Zone has its own list of license types and usually grants discounts if you chose activities that correspond free zone specialization and core business activities. If you are not going to run business operation on the territory of UAE, but you are still interested in Dubai company formation or company formation in UAE with minimal cost, our professionals will help you to choose the best option according to your requirements.
Company Formation UAE - How to choose Free Trade Zone
The choice of Free Economic Zone for Dubai company formation is essential because your business activity in free zone is limited by its territory. Also, costs of license and office facilities costs differ from zone to zone. Some free trade zones offer an option of company formation with "flexi-desk" what significantly facilitates and decrease the cost of company formation in UAE Free Zone. Accounting reports requirements also vary in different free zones. For example, Ras Al Khaimah zone –RAKFTZ does not require any financial or audit reports. If you are interested in UAE company formation services, we will help you to choose the most effective business zone according to your requirements, taking into consideration all the benefits and peculiarities of Free Zones of UAE.
If you are interested in company formation UAE in order to get Residence Visa, please visit our page "Residence Visa in UAE"
Garant Business Consultancy provides UAE company formation services, including Free Economic Zones. Our professionals who have extensive knowledge in UAE legislation and practical experience in setting up new businesses will advise you the best solutions for your business goals.
Please, send us online request or contact us by phone/Skype and we will answer all you questions regarding company formation in UAE Free Zone.