Setting up your own business in any of the Free Zones in UAE is made easy by one of our specialist consultant(s) dealing with the respective Free Zone.
Adam Global has assisted more than 2000 companies across YYYY industry sectors in setting up a Free Zone company in the UAE.
To learn more about the Free Zone company setup, please read the following topics as follows
What is a Free Zone?
Benefits of a Free Zone Company Setup
Key steps to start a business in a Free Zone
List of Free Zones in UAE and Relevant Regulating Authorities
FAQs
Contact us to assist you
A Free Zone is an area within a country where imported goods can be stored or processed without being subject to import duty. Also called a “Free Zone,” “free port,” or “bonded warehouse.”
The Free Zone Authority Issues Licenses, Resident Permit/ VISA through the Immigration department, for the companies registered in the free zone. A company setup in the Free Zone benefits from100% foreign ownership, Companies will have limited liability, 100% repatriation of capital and profits, which helps to promote trade, especially the import and export of goods.
Free Zone Authority Issues Trading, Service, Branch or Industrial licenses based on the activity required by the investor on meeting the requirements of the authorities.
If a company wishes to practice more than one of the above-mentioned activities, it must obtain a separate license for each category of activity.
A person or Companies holding Free Zone license is permitted to operate within the Free Zone and outside UAE. However, a Free Zone company can trade within UAE by appointing a distributor, licensed by the relevant UAE authority. Any company holding a Free Zone license can itself purchase goods or services within the UAE.
Do I need to have office space to obtain a Free Zone trade license?
Yes, you need to lease an office space in the free zone to obtain license and based on the activity and the number of VISA requirement, there are options like Flexi-Desk, Smart Desk, Executive Office depending on the selected Free Zone.
How many employment visas can be availed through the Free Zone trade license?
The number of employment visas entitlement depends the office size. As a norm every 8 sq. M allows for one visa, if it’s a physical office. Flexi Desk allows for 1 -6 VISA based on the package selected and the free zone.
As a company owner and/or employee in a Free Zone company, can I sponsor my spouse, children and direct dependents (i.e. father and mother)?
Yes, but subject to you meeting the requirements of the Immigration of the respective Emirates where the Free Zone is located.
If I buy or sell goods and services from the Free Zone to within UAE non-Free Zone companies, are there any taxes?
If the goods are bought from within UAE non-Free Zone companies, there is no import duties applicable. However, in the case of goods sold from the Free Zone to non-UAE Free Zone companies, import duty is applicable based on customs tariff for the type of goods.
Setting up your own business in any of the Free Zones is made easy by one of our specialist consultants dealing with the respective Free Zone.
For more information about company formation in the UAE Free Zones, please call us on +971 4 3419701, send an email to info@adamglobal.com, or click here to contact.
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210, Building 4, Gold and Diamond Park
P.O. Box 183827, Dubai
United Arab Emirates
+971 4 341 9701
info@dubaibusinessadvisors.com