Free zones in Dubai

Free zones in Dubai, the inspiring city of the United Arab Emirates, are distinguished by the diversity of their areas that meet the different needs and ambitions of investors and residents alike. Dubai’s free zones, such as Jebel Ali and Dubai Aviation Zone, are a hub for global investment and business, providing an ideal environment for companies to flourish and grow thanks to government facilities and advanced infrastructure. While Dubai neighborhoods such as Dubai Marina and Downtown provide a luxurious living experience and modern facilities that combine modernity with the ancient traditions of the city. These areas represent only part of the diversity that Dubai offers, as each free zone in Dubai is distinguished by its own charm and diverse economic opportunities, making it an attractive destination for investors and residents from all over the world.

Free zones in Dubai

Types of free zones in Dubai

Please see the following table showing some of the free zones in Dubai and their main features:

This table reflects the diversity of free zones in Dubai and the benefits they provide to investing companies.

Advantages of free zones in Dubai

Dubai’s free zones offer a range of features that make them attractive to local and international companies alike. Here are some of the key features of free zones in Dubai:

• 100% foreign ownership: No need for a local partner, allowing foreign investors to fully own their companies.
• Customs and tax exemptions: Free zones provide exemptions from customs duties on import and export, in addition to tax exemptions on profits and income.
• Fast Licensing Processes: Provides fast and simple licensing processes to get businesses up and running, reducing bureaucracy and accelerating set-up processes.
• Advanced infrastructure: The free zones have a modern and advanced infrastructure that supports businesses, including offices, warehouses, and logistics facilities.
• Access to regional and global markets: Thanks to their strategic location, free zones facilitate access to regional markets such as the Middle East, Africa and Asia.
• Facilities for private sectors: Free zones are diverse in the sectors they serve, including industry, technology, logistics, aviation, and tourism, providing multiple investment opportunities.
• A business environment suitable for growth: Free zones provide a vibrant and suitable business environment that contributes to the growth of companies and enhances opportunities for innovation and expansion. These features make Dubai’s free zones an ideal destination for companies looking for a flexible investment environment conducive to growth and expansion.

Investing in free zones

Investing in Dubaiis an attractive option for many companies and investors, thanks to several factors and advantages:

1. Flexible investment environment: Free zones are characterized by flexible laws and legislation that facilitate investment procedures and operating companies, which reduces bureaucratic complications.
2. Full Ownership: No need for a local partner, allowing foreign investors to fully own their companies, ensuring their management and control rights.
3. Customs and tax exemptions: Free zones provide exemptions from customs duties on import and export, as well as tax exemptions on profits and income for specific periods of time, which reduces additional costs.
4. Advanced infrastructure: Free zones have a modern and advanced infrastructure that supports business, which includes offices, warehouses, logistics facilities, and industrial facilities that meet the requirements of various industries.
5. Access to regional and global markets: Thanks to their strategic location in Dubai, free zones facilitate access to regional markets such as the Middle East, Africa and Asia, and act as a central access point for global trade.
6. Diversity of sectors: Free zones host a wide range of sectors including manufacturing, logistics, technology, aviation, and tourism, providing multiple options for investment and diversification.
7. Government support: Free zones enjoy strong and continuous government support, as local authorities work to enhance the business environment and support emerging and medium-sized companies by providing logistical services and various facilities.

In short, investing in Dubai provides broad opportunities for growth and expansion, thanks to a flexible investment environment and appropriate legislation, in addition to available customs and tax benefits, and an advanced infrastructure that supports business effectively.

Establishing a company in the free zone in Dubai

To establish a company in the Dubai Free Zone , several basic steps must be followed. Here’s an overview of the basic steps:

• Choosing the appropriate free zone: Choose the free zone that suits your company’s activity, such as Jebel Ali, Dubai Aviation, or Dubai Investment Park, based on your practical and strategic requirements.
• Determine the type of company: Decide what type of company you want to establish, such as a limited liability company (LLC), a sole proprietorship, or a public or private joint-stock company, based on the company structure and business requirements.
• Submitting a registration application: Submit a registration application to the chosen free zone authority. The application must be submitted with accurate information about the company’s activity and shareholders’ data.
• Obtaining licenses and permits: Once your application is accepted, you will need to obtain the necessary licenses and permits to start business in the free zone, such as a business license, a building permit if required, and any permits specific to the activity you are carrying out.
• Company incorporation and legal documentation: Complete the company’s legal incorporation processes, including documenting the necessary contracts and documents, and opening a bank account in the company’s name if necessary.
• Securing employees and offices: Securing the necessary employees for the company and providing the necessary offices or spaces for work.
• Compliance with local regulations and laws: Ensure compliance with all local regulations and laws in the free zone, including periodic financial reporting and tax requirements.
• Starting operations: After completing all the previous steps, you can start your company’s operations in the free zone, and begin exploiting the available investment and commercial opportunities.

Establishing a company in the Dubai Free Zone usually requires consulting with Itqan Corporate Services to ensure full and proper compliance with local procedures and regulations.

Establishing a company in the free zones in Dubai

Itqan Company services in establishing a company in free zones

Itqan Company offers a wide range of services for establishing companies in free zones in Dubai, which includes:

• Establishment and strategic planning consultations: Itqan provides specialized consultations to help you choose the appropriate free zone and determine the type of company suitable for your business needs.
• Preparing documents and licenses: The company provides services for preparing all documents necessary to register the company, including business licenses and government permits.
• Company Registration and Legal Transactions: Itqan’s role is to completely complete company registration procedures in accordance with local legal requirements, ensuring full compliance.
• Logistics and workspace services: Itqan provides options for suitable offices and workspaces in free zones, in addition to logistics services for practical support.
• Legal and advisory support: Itqan provides integrated legal advisory services to resolve any legal or regulatory issues facing your business during and after the incorporation process.
• Tax and financial support: The company provides tax and financial advice to help you understand the tax and financial implications of establishing and operating a company in the free zone.
• Follow-up and administrative support: After the company is established, Itqan provides follow-up services and ongoing administrative support to ensure continued compliance and sustainable growth of the company.

Thanks to these comprehensive services, Itqan helps you establish and operate your company efficiently in one of the distinguished free zones in Dubai, providing you with an investment environment conducive to growth and expansion.

At the conclusion of our article about the free zones in Dubai , we find that they represent a distinct and attractive investment destination for companies wishing to grow and expand in a thriving global market. Thanks to a flexible legal environment, tax and customs exemptions, and advanced infrastructure, these regions offer a range of investment opportunities that attract entrepreneurs from all over the world.

Dubai’s free zones promote innovation and economic diversification, and facilitate access to regional and global markets, making them a central hub for trade and commerce. In addition, these areas provide a suitable and supportive business environment that enhances the chances of success for startups and medium companies alike.

Frequently asked questions about areas in Dubai