Itqan Company helps you establish a company in the Dubai Free Zone because it is known that Dubai’s economy is such that many investors resort to it and establish many companies there. The UAE’s economy has recently become dependent on oil, which has led to it becoming one of the richest countries. As a result, many people went to invest their money in it, but always no investor was needed. To a company present in the store and in the store. This is what helps our company and business services maintain business in Dubai Free Zone. Through this article, we will learn about all the details regarding how to establish a company in the Dubai Free Zone.

Dubai Free Zone

Dubai Free Zone is an organization that manages import and export operations and operates in industry and many different services. It was established in 1996 and has since become the leading institution in granting numerous business licenses and work visas to companies. International, who wish to work in the Dubai Free Zone and because our company always works to provide many distinguished services.

It provides a complete and distinctive foundation to help you establish your business in the Dubai Free Zone, establish and start the business and work on completing all the special paperwork. The company you need, in addition to the tax and government exemptions that the company offers you, and the company transfers full ownership of the company and cancels any licenses you may need.

The best company for establishing companies in the free zone in Dubai

Establishing a company in the Dubai Free Zone is a great option for many reasons, including tax breaks and flexibility in operating the business. Itqan Company is considered one of the leading companies in this field, and has a good reputation in providing company establishment services in free zones. Here are some of the benefits that Itqan Company may offer when establishing a company in the free zone:

1. Fast and simplified procedures: Itqan Company simplifies all the procedures necessary to establish the company, making it easier for you to start working quickly.
2. Integrated support: The company provides comprehensive support that includes preparing the necessary documents, legal advice, and visa services.
3. A wide communications network: Itqan has extensive relationships with government agencies and free zones, which helps in accelerating approval and permitting processes.
4. Competitive costs: The company provides flexible pricing plans that suit various budgets, making it a suitable option for startups.
   If you need more information on how to get started, you can visit the Itqan company website or contact them directly for personalized consultations.

Documents required to establish a company in the Dubai Free Zone

Here is a list of papers generally required to set up a company in the Dubai Free Zone , which may vary slightly based on the type of company and the specific free zone. Therefore, it is always preferable to check with the service provider or specialized company such as Itqan Company to ensure accuracy and full fulfillment of requirements:

1. Company incorporation instrument: A document that specifies the company’s structure and conditions for its establishment.
2. Company registration form: Fill out and sign an official company registration form.
3. Form for bank credits: confirmation from the bank that you have a valid bank account.
4. Passports of directors and shareholders: Copies of the passports of both directors and shareholders.
5. Recent personal photo: A recent photograph of both directors and shareholders.
6. Tenancy Contract: A copy of the lease contract for an office or commercial space in Dubai.
7. Residence Visa: If available, a copy of the residence visa for directors and shareholders.
8. Bank Letter: Confirmation from the bank that you have a valid bank account in the UAE.
9. Approval form for the legal form of the company: Confirmation from the relevant government body of its approval of the legal form of the company.
10. Customs affiliation letter: For companies dealing with the import and export of goods.
    This list gives you a general idea, but always make sure to obtain accurate and updated details from Itqan Company or any specialized legal advisor before starting the company establishment process.

Investing in Dubai 

Investing in Dubai is one of the most important options for investors due to the many opportunities and advantages that the city offers. Here are some reasons why Dubai is attractive to investors:

1. Flexible business environment: Dubai provides a flexible and encouraging business environment for companies and investors, with full tax exemptions on profits and income in free zones.
2. Advanced Infrastructure: Dubai is characterized by an advanced infrastructure, including large airports, sea ports, advanced transportation networks, and advanced communications technology.
3. Access to regional and global markets: Dubai’s prime location makes it an ideal starting point for accessing the Middle East, Africa and South Asia markets.
4. Economic Diversity: Investment opportunities in Dubai vary between different sectors such as real estate, tourism, technology, creative industries, and financial services.
5. Social and Cultural Life: Dubai offers a socially and culturally diverse and open environment, making it an ideal place to live and work.

If you are thinking about investing in Dubai , it is important to study the market carefully and obtain specialized financial and legal advice to ensure that your investment steps are successful and sustainable.

The best tips to start investing

There are many tips that can be followed in order to obtain the maximum possible profit from the project that you are establishing and starting to work on, and these tips include:

1. You must conduct a feasibility study for any project you want to start working on and study it well from all aspects in order to reduce the occurrence of any problems and avoid many losses.
2. It is preferable to consult economic experts in all the steps you take in your project, as they usually have extensive experience that helps you reach the goal you want.
3. You should not take risks and take loans from banks in order to increase your capital in order to avoid many problems. You should not put all your capital into one project.
4. You must be patient. You must be patient with the gain and profit from the project that you started with, as the profit always comes after a period of time, and the owner of any project must not expect to gain a lot from the project at its beginning.
5. It is possible for you to follow companies operating in the same field as yours and find out the problems and crises they are going through in order to benefit from them and try to avoid them while doing your work.

 

Advantages of establishing a company in the Dubai Free Zone

Establishing a company in the Dubai Free Zone comes with a number of advantages that make it an attractive option for investors. Here are some key features:

• Full tax exemptions: Companies located in Dubai free zones enjoy full exemption from taxes on profits and income for up to 50 years, which helps improve profitability and save costs.
• Easy access to global markets: Thanks to Dubai’s strategic location connected to global transportation networks, companies in the free zone can easily access the markets of the Middle East, Africa, and Asia.
• Import and export facilities: Dubai free zones provide easy customs procedures and facilities for companies dealing with the import and export of goods, which facilitates international trade operations.
• Advanced infrastructure: Dubai provides an advanced infrastructure that includes large airports, advanced sea ports, efficient transportation networks, and advanced communications technology, which supports commercial and investment activity.
• Flexible legislation and a comfortable operating environment: Free zones are characterized by flexible commercial laws and legislation that support efficient workflow, in addition to an organizational structure that facilitates obtaining the necessary permits and licenses.
• Freedom from monetary restrictions: Free zones in Dubai allow greater freedom of cash and currency transfers, which helps facilitate international financial transactions.

In addition, Dubai’s free zones provide an international, multicultural and multilingual business environment, attracting companies and investors from around the world.

At the conclusion of the article, it can be said that establishing a company in the Dubai Free Zone represents an important strategic step for investors who are looking for an advanced business environment suitable for growth and prosperity. These areas enjoy unique advantages that include full tax exemptions, easy access to global markets, advanced infrastructure, and a flexible operating environment. Dubai also supports economic diversification and provides a distinguished living environment that combines business, entertainment and culture.

Frequently asked questions about establishing a company in the free zone