Cost a business license in Dubai Free Zone

Dubai is considered one of the most important commercial centers in the world, offering an attractive and business-friendly investment environment. Dubai’s free zones are one of the most prominent factors that attract investors and entrepreneurs from all over the world, thanks to the many facilities and benefits they provide. Among these advantages, the cost of a business license in the Dubai Free Zone is a primary factor that attracts many investors. Understanding the cost of this license and the factors affecting it is an important step for anyone who wants to establish their own business in Dubai. In this article, we will detail the cost of a business license in the Dubai Free Zone, and explain how this cost can be a profitable investment in the long term.

Cost of a business license in Dubai Free Zone

What are the free zones in Dubai?

Dubai includes many free zones that attract investors and entrepreneurs from all over the world thanks to the many advantages they offer. Below is a list of the most prominent free zones in Dubai:

1. Jebel Ali (JAFZA): One of the largest free zones in the world and provides an ideal environment for large, small and medium companies alike, with advanced infrastructure and excellent logistical support.
2. Dubai International Financial Center (DIFC): A global financial center that offers a stable regulatory and legal environment, targeting companies operating in financial services, banking, and insurance.
3. Dubai Internet City (DIC): A center for technology, information and communications businesses, providing an integrated environment for technology companies.
4. Dubai Media City (DMC): It is geared towards media, production and advertising companies, and provides an integrated working environment for media companies.
5. Dubai Healthcare City (DHCC): Dedicated to healthcare and medical services, it hosts a variety of hospitals, clinics and medical research centres.
6. Dubai Outsourcing Zone (DOZ): It is geared towards outsourcing companies and shared business services, and provides an integrated infrastructure for these companies.
7. Dubai International Airport (DAFZA): A free zone specializing in international trade and logistics, providing an ideal environment for companies that rely on air transportation.
8. Dubai Multi Commodities Center (DMCC): A free zone geared towards the trade of commodities, precious metals and gemstones, and provides an integrated environment for companies operating in this sector.
9. Dubai International Academic City (DIAC): Dedicated to educational and academic institutions, it hosts a wide range of universities and educational institutes.
10. Dubai Silicon City (DSO): A free zone geared towards technology and innovation, providing an ideal environment for startups and technology companies.
11. Dubai Industrial City (DIC): Dedicated to heavy and light industries, and provides integrated infrastructure for industrial companies.
12. Gold and Diamonds Complex: An area designated for trading and manufacturing gold and diamonds, and provides an ideal environment for companies operating in this sector.
    These free zones provide distinct business environments and multiple advantages for investors, which contributes to strengthening Dubai’s position as a global commercial center.

Cost of a business license in Dubai Free Zone

The cost of a business license in the Dubai Free Zone is one of the most important factors that entrepreneurs and investors must take into consideration when thinking about establishing their business. This cost depends on a variety of factors, including the type of business, the size of the company, and the number of employees expected to be employed. In addition, other costs associated with obtaining a business license include registration fees and administrative procedures necessary to complete the incorporation process.

Costs vary based on the company’s requirements and business activity, which makes it important to conduct a comprehensive and detailed study to understand all the financial aspects associated with establishing a company in the free zone. It is worth noting that the free zones in Dubai offer multiple incentives, including tax exemptions and full ownership by foreigners, which enhances the attractiveness of investment in these zones.

Regardless of the initial cost, investing in a business license in the Dubai Free Zone can be a profitable strategic option in the long term, thanks to the many opportunities offered by this evolving investment environment.

Steps for a commercial license in the Dubai Free Zone

Obtaining a commercial license in the Dubai Free Zone requires following a set of organized steps. Below are the basic steps to obtain a license:

1. Choosing a business: Determine the type of business you want to operate, as this choice affects the type of business license you will need.
2. Choosing the appropriate free zone: Choose the free zone that suits your business. Each free zone has its own benefits and features and fees and requirements may vary based on the region.
3. Initial Application: Submit an initial application to obtain approval of the trade name and business activity you intend to practice. This application includes providing details about the company’s activity and its proposed name.
4. Submitting the required documents: Prepare the required documents, which often include a copy of the passport, personal photos, and a copy of the residence visa (if applicable), and submit them to the free zone authority.
5. Obtaining approvals: After submitting the documents, the free zone authority will review them and approve the application. Some commercial activities may require additional approvals from the relevant authorities.
6. Signing contracts: Signing the lease contract for the office or commercial space in the free zone. Many free zones provide ready-to-use office space.
7. Payment of fees: Pay the fees required to obtain a commercial license. These fees include registration costs, rent, and administrative fees.
8. Receiving the license: After completing all procedures and paying the fees, the commercial license will be issued. You can then officially start your business in the free zone.
9. Opening a bank account: After obtaining the business license, you can open a business bank account in one of the local banks in Dubai.
   By following these steps, you can obtain a commercial license and start conducting your business in one of the free zones in Dubai with ease.

Advantages of a commercial license in the Dubai Free Zone

A business license in the Dubai Free Zone is an attractive option for entrepreneurs and investors, due to the many advantages it provides. Here are some key features:

• Full Foreign Ownership: Free zones allow 100% foreign ownership without the need for a local partner, providing greater flexibility for investors.
• Tax exemptions: Companies in free zones are exempt from corporate and income tax for long periods of up to 50 years, with the possibility of extension. Companies are also exempt from value added tax (VAT) on exports.
• Customs exemption: Companies are exempt from customs duties on imports and exports, which reduces operating costs and provides a competitive advantage in international trade.
• Freedom to repatriate capital and profits: Companies in free zones can transfer all capital and profits outside the UAE without any restrictions, which enhances the financial liquidity of companies.
• Ease of establishing companies: Free zones are characterized by the speed and ease of company establishment procedures, as the establishment process and obtaining a commercial license can be completed in a relatively short time.
• Providing integrated infrastructure: Free zones provide advanced infrastructure that includes modern offices, warehouses, and integrated logistics services, which helps companies start their operations quickly and efficiently.
• Government support and support services: Local authorities in free zones provide comprehensive government support, advisory and administrative services to help companies succeed and grow.
• Ease of recruitment: Free zones allow companies to employ foreign workers more easily, while providing facilities for obtaining visas and work permits.
• Flexible business environment: Free zones offer flexible regulations and business-friendly policies, making it easier for companies to adapt to market variables and achieve sustainable growth.
  A business license in Dubai’s free zones combines financial and operational advantages, making it an ideal choice for investors seeking to take advantage of Dubai’s dynamic business environment.

Commercial licenses in the free zone

How Itqan helps in establishing companies in Dubai

Itqan is considered one of the most prominent companies specialized in providing company establishment services in Dubai , as it provides an integrated package of solutions designed to meet the needs of entrepreneurs and investors. Itqan contributes to facilitating all bureaucratic and administrative procedures related to establishing companies, starting from choosing the appropriate type of company and the ideal free zone, all the way to obtaining the required commercial license. In addition, Itqan provides comprehensive legal consulting services to ensure the company’s compliance with all local laws and regulations. Through its deep experience and extensive knowledge of the Dubai market, Itqan enables its clients to achieve a strong and sustainable start to their business, saving them time and effort and focusing on growing their business and achieving their commercial goals. 

• Establishing companies, obtaining the necessary commercial licenses, and paying fees.
• Preparing feasibility studies for projects to help entrepreneurs find suitable opportunities.
• Providing offices for annual rent and warehouses for companies and factories.
• Extracting all legal and paperwork before the relevant government agencies.
• Flexibility in procedures for obtaining residency.
• For more accurate information about the cost of a commercial license in the Dubai Free Zone, contact our team of experts now.

In conclusion, a commercial license in Dubai’s free zones is a strategic choice for anyone seeking to establish a successful business in a stimulating and supportive environment. Thanks to the many advantages that these regions provide, from full foreign ownership and tax exemptions, to advanced infrastructure and integrated government support, investors and entrepreneurs can achieve their ambitions and grow their businesses efficiently and smoothly. Dubai’s free zones are an ideal gateway to access regional and global markets, which enhances the chances of success and sustainability. Choosing a business license in these areas is not just a regulatory step, but rather an investment in a bright and promising future for the business.

Frequently asked questions about a commercial license in the free zone