Steps to establish a company in Dubai Free Zone

Dubai, with its leading position as a global business and investment centre, is the ideal destination for anyone who aspires to establish a new company and grow their business internationally. In the heart of this charming city is the Jebel Ali Free Zone, which has become one of the most attractive investment environments that support growth in the world. Therefore, cooperation with Itqan Company, one of the leading companies in providing integrated advisory and executive services in this field, represents the ideal choice for investors and pioneers wishing to benefit from the exclusive opportunities offered by the Jebel Ali Free Zone. Steps to establish a company in Dubai Free Zone:

• Choosing the legal form of the company: The legal form of the company to be established must be determined, whether it is a limited liability company, a joint stock company, or other forms available in the free zone.
• Determine capital and activities: The capital required to establish the company is determined, in addition to the activities and fields in which the new company will operate.
• Obtaining the necessary licenses: After determining the legal form and activities, the required licenses must be obtained from the competent authorities in the free zone.
• Company registration: The company is registered with the relevant authorities in the free zone, and the commercial register and necessary licenses are obtained.
• Establishment of the office and infrastructure: The company’s headquarters is identified and equipped with the necessary facilities and infrastructure to begin operations.
• Recruitment and Human Resources: Qualified employees are recruited and the company’s organizational structure is organized.
• Starting operations: After completing all procedures, the new company’s operations in the free zone will begin.

Types of companies that can be established in free zones in Dubai

Establishing a company in Dubai is considered one of the most prominent and leading economic and commercial centers in the world, as it provides a wide range of incentives and facilities that make it an ideal environment for establishing and developing businesses. In order for investors and entrepreneurs to be able to optimally benefit from the opportunities available in these regions, it is necessary to identify the most important types of companies that can be established there. Types of companies in free zones in Dubai:

• Limited Liability Companies (LLC): This legal form is most common in free zones, as it provides flexibility in management and organization with limited liability for shareholders.
• Joint Stock Companies (PLC): These companies are suitable for large and strategic projects, as they provide the possibility of offering their shares for public subscription.
• Branches and representative offices: Free zones allow the establishment of branches or representative offices of foreign companies to facilitate their business in the region.
• Individual companies: Individuals can establish individual companies in free zones to carry out their commercial and investment activities.
• Holding companies: These companies are suitable for diversified investments, as they allow investors to control a diversified portfolio of assets.
• Investment companies: Free zones in Dubai enable the establishment of investment companies to manage and develop diversified investment portfolios.

Collaborating with a leading consulting firm such as Itqan helps investors choose the most appropriate legal form for their companies and make optimal use of the opportunities available in the free zones in Dubai.

Documents required to establish a company in the Dubai Free Zone

The process of establishing a company in the Dubai Free Zone is a unique opportunity for investors and entrepreneurs, as these areas enjoy a set of attractive incentives and administrative facilities that make them an ideal investment environment. In order to establish a successful company in these areas, there is a set of required documents that must be adhered to. Documents required to establish a company in the Dubai Free Zone:

• Application to establish a company: This application is submitted to the competent authorities in the free zone in which the company is to be established.
• Copy of passport for founders: Copies of passports of all founders or partners must be submitted.
• Articles of Association Form: The Articles of Association form is filled out, which specifies the legal structure and ownership of the company.
• Business Plan: The business plan is a basic document that defines the company’s vision, goals, and implementation plan.
• No-objection certificate: Some free zones may request a no-objection certificate from the authorities in the founder’s country.
• Economic feasibility study: This study provides a comprehensive analysis of the feasibility of the project from a technical, marketing and financial perspective.
• Activity licenses: The necessary licenses must be obtained to practice the activities that the company will practice.

By collaborating with a specialized consulting firm such as Itqan, investors and entrepreneurs can obtain the necessary assistance to fulfill all legal requirements and establish a successful company in the free zones of Dubai.

Advantages of establishing a company in the free zones in Dubai

Dubai, the charming city of the United Arab Emirates, is an attractive area for investors and companies from all over the world. One of Dubai’s most prominent features is the free zones that provide a favorable investment environment for companies aspiring to success and growth. Establishing a company in these regions offers many advantages that make it an ideal choice for investors. Advantages of establishing a company in the free zones in Dubai:

• Tax exemptions: Companies established in free zones in Dubai enjoy comprehensive tax exemptions, including exemption from income tax and customs duties on imports and exports.
• Full foreign ownership: Foreign investors are allowed to establish wholly owned companies without the need for an Emirati partner.
• Ease of procedures: Free zones in Dubai are characterized by simple and fast procedures for establishing companies compared to other zones.
• Advanced infrastructure: These areas provide modern and integrated infrastructure, including logistical facilities and rapid communications.
• Freedom of financial transfers: Investors enjoy complete freedom to transfer profits and funds outside the country without restrictions.
• Integrated Services: Free zones provide a variety of banking, legal and consulting services to facilitate business operations.

Thanks to these various advantages, Dubai’s free zones are an ideal investment environment for establishing companies and taking advantage of the promising economic opportunities in this vital city.

Our company’s role in establishing a company in Dubai Free Zone

Dubai, the enchanting city in the United Arab Emirates , is a great investment destination thanks to the free zones that provide a conducive environment for ambitious companies. Establishing a company in these regions opens up broad horizons for success and growth, especially when cooperating with Itqan Group, a leading consulting company in the region. This cooperation is the key to success for investors seeking to take advantage of the opportunities provided by Dubai’s free zones.

By partnering with Itqan, investors will benefit from its extensive experience in establishing and managing companies in free zones. The company will provide the necessary consultations on all legal and regulatory aspects, including obtaining the necessary licenses and approvals. It will also help in establishing the company structure and determining the best legal options that suit the investor’s goals and aspirations. These comprehensive services will ensure a smooth establishment process and accelerate market entry.

In addition, Itqan will help investors take advantage of all the benefits offered by Dubai’s free zones, from tax exemptions to freedom of money transfers, among others. Thus, investors will be able to focus their efforts on growing and developing their business without worrying about administrative and regulatory requirements.

In summary, cooperation with Itqan Group when establishing a company in Dubai’s free zones is a key to success. Investors will benefit from comprehensive experience and advice that will enable them to make the most of the economic opportunities available in this thriving city.

Frequently asked questions about establishing a company in Dubai Free Zone