Establishing a company in the Dubai Free Zone in cooperation with Itqan Company constitutes an important opportunity for investors wishing to benefit from the thriving economic environment in the region. Dubai’s free zones are considered advanced and integrated economic centers that provide many advantages and privileges to startups and large institutions alike.

Dubai’s free zones are characterized by advanced infrastructure, easy administrative procedures, and strong legislation that protects investors’ rights. Thanks to these advantages, companies can benefit from a favorable business environment that encourages growth and expansion.

In cooperation with Itqan Company, investors are guided through all stages of establishing the company in the free zone . The company provides knowledge of legal procedures and requirements, as well as assistance in preparing documentation and negotiating with regulators. Itqan also facilitates the process of obtaining the necessary licenses and provides support in matters related to taxes, accounts and financing.

Dubai’s free zones provide many diverse business opportunities in various sectors, including industry, trade, logistics, communications and technology. Free zones also allow easy access to the UAE market and neighboring regions, enhancing opportunities for international trade and expansion in emerging markets.

What is the free zone?

A free zone is a specific area within a specific country, characterized by providing a developed commercial environment and financial and customs privileges for companies residing there. Free zones aim to promote economic growth and attract national and foreign investments. Free zones provide a range of competitive advantages to businesses, including:

• Customs and Taxes: Companies residing in free zones are usually exempt from customs duties and taxes on import and export. This helps reduce production costs and increase product competitiveness.
• Advanced Infrastructure: Free zones usually have well-developed infrastructure, including ports, airports, roads and communications. This provides ease of transportation and distribution and contributes to improving the efficiency of business operations.
• Facilitated administrative procedures: Free zones facilitate the procedures for establishing, licensing and registering companies. Transaction acceleration services and simple procedures for banking facilities and government approvals are provided, which helps achieve efficiency and save time and effort for investors.
• Market Access: Free zones provide opportunities for companies to access local and regional markets easily. Businesses can take advantage of local rules of origin and international trade treaties to achieve free trade with other countries.

Steps to establish a company in the free zone

Establishing a company in a free zone usually requires following a series of steps. Here’s a general plan of the steps you might need to take:

1. Research and planning: Before starting the company establishment process, search for the appropriate free zone for your business. Research competitive advantages, facilities, and terms and conditions for setting up in each region.
2. Choosing the type of company: Decide what type of company you want to establish, whether it is a sole proprietorship, joint stock company, partnership, or other, according to the needs and goals of your business.
3. Choose a trade name: Choose an appropriate name for your company, and make sure it is not similar to the names of other companies registered in the region.
4. Prepare documents: Prepare the documents required to register the company, such as the articles of association, the social agreement (in the case of joint-stock companies), and other necessary licenses.
5. Submitting the application: Submit the required documents and applications to the authority of the free zone in which you wish to establish. You must follow district procedures and provide the required information accurately.
6. Obtaining approvals and licenses: After submitting the application, you may need to wait to obtain the necessary approvals and licenses from the competent authorities in the free zone.
7. Settling down and starting work: Once you obtain the necessary approvals, you can start the company’s work in the free zone, and take the necessary steps to start the business.
You should check the requirements and procedures for establishing a company in each free zone individually, as procedures and requirements may differ between different regions.

Establishing a company in the free zone

Starting a business in Dubai Free Trade Zone is much easier than opening a business in Dubai, as it can be 100% owned by any nationality and UAE nationals do not need any partner or sponsor because the company is registered as an establishment, free zone company in the free zone or branch. Dubai Franca Business District or Representative Office. In this case, the main company can be outside the UAE and does not have to be within the UAE. Companies located in the free zone are regulated by the competent authority in the free zone, which issues company licences. This depends on the location of the free zone and the activity derived from it. The type of license issued by the competent authority varies depending on the business activity. You can set up a company in the free zone by following a few steps, including:

1. Agreeing on the trade name, as it is the name that distinguishes one company from another.
2. Obtaining the company’s business license.
3. Obtaining initial approval to start work.
4. Commercial license registration.
5. Complete the requirements for a commercial license and obtain it.

Advantages of establishing a company in the Dubai Free Zone

Establishing a company in a free zonein Dubai provides a set of competitive advantages and important investment opportunities, including:

• Incorporation Facilities: Dubai free zones offer easy and fast incorporation procedures, facilitating the process of starting a business in an efficient and smooth manner.
• Not imposing duties and taxes: Free zones in Dubai offer the advantage of being exempt from duties and taxes for companies residing there, including customs duties, income tax, and value-added tax (VAT), which helps reduce costs and increase profitability.
• Access to regional and global markets: Dubai is located in an excellent strategic location, which facilitates access to regional and global markets. Thanks to the advanced infrastructure and modern transportation facilities, companies in the free zones can exploit this location to expand their business.
• Easy access to skilled workers: Dubai provides a multinational and multicultural work environment, which makes it easier for companies in free zones to attract skilled workers of different nationalities and specializations.
• Advanced Infrastructure: Dubai is characterized by an advanced infrastructure that includes transportation, communications, energy, and other public facilities, which provides a suitable environment for business development.
• Diverse licenses: Dubai free zones provide a variety of commercial licenses that suit the needs of different industries and sectors, allowing companies to choose the ideal option to start their activity.
  In short, establishing a company in a free zone in Dubai provides many investment opportunities and advantages, making it a preferred destination for investors wishing to expand their business in the region and across international borders.

 

Types of companies in the free zone 

The Dubai Free Zone works to provide types of companies in the free zone in which it is established, and each type has different advantages that suit your business, and you can choose between:

Establishing a company in a free zone in Dubai is considered a strategic step of great importance for investors seeking to effectively exploit the business opportunities available in the region. In cooperation with Itqan, investors can benefit from its extensive experience and knowledge in company establishment processes in Dubai, and provide comprehensive support to achieve success and sustainability in the market.

Dubai’s free zones offer a range of important competitive advantages, including exemption from duties and taxes, access to regional and global markets, and advanced infrastructure, providing an ideal environment for companies to grow and expand their business.

Learn about establishing a company in the free zone in Dubai

At the conclusion of this comprehensive overview of establishing a company in the Dubai Free Zone in cooperation with Itqan Company, it can be concluded that this step is an exciting and favorable opportunity for success in the global business market. The free zone in Dubai provides a distinguished environment for business and is characterized by multiple facilities and advantages.

By benefiting from Itqan’s experience and services, investors can achieve a competitive advantage and overcome potential challenges. Itqan Company is distinguished by its deep knowledge of the Dubai market and local regulations, and provides important strategic and operational support to achieve success.

Establishing a company in the Dubai Free Zone requires good planning and implementation of an effective strategy. Investors must study the market, identify available opportunities, and identify promising projects. In addition, they must comply with local laws and legislation and join sustainable efforts to preserve the environment and society.

By establishing a company in the Dubai Free Zone in cooperation with Itqan Company, investors can achieve success and achieve the desired goals. They must work hard, take advantage of available opportunities and build strong networks of business relationships. It is also important to innovate, evolve and adapt to changes in the market to stay ahead.

In short, establishing a company in the Dubai Free Zone in cooperation with Itqan Company represents an ideal opportunity for success and growth in the global business market. Take advantage of Etqan’s experience and benefit from the local advantages and available facilities, and you will have a real opportunity to achieve sustainable success and achieve your goals in the Dubai Free Zone.

The most important frequently asked questions about establishing a company in the free zone