Free Zone Company Setup
in UAE
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About Free Zones:
Setting up a business in a UAE free zone offers numerous advantages, including full foreign ownership, tax benefits, and streamlined processes. By understanding the types of free zones, the setup steps, and the benefits each zone offers, businesses can make informed decisions and successfully establish their presence in the UAE. Brilliant Star Document Clearing Service can assist with every step of the process, ensuring a smooth and efficient setup experience.
Advantages:
- 100% Foreign Ownership
- Free zones offer significant tax incentives
- Repatriation of Profits
- Simplified Setup Process
- No Currency Restrictions
Free Zone in UAE
- Industry focus: Commodities trade, precious metals, diamonds, energy.
- Key benefits: Prime location in JLT, state-of-the-art infrastructure, business support services.
- Industry focus: Trade, logistics, manufacturing.
- Key benefits: Proximity to Jebel Ali Port, excellent logistics infrastructure, diverse industry support.
- Industry focus: Technology, IT, engineering.
- Key benefits: High-tech ecosystem, R&D facilities, access to advanced technology infrastructure.
- Industry focus: General business activities, manufacturing, trade.
- Key benefits: Cost-effective setup, diverse facilities, strategic location.
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License Types & Activities:
Free zones in the UAE offer a variety of licenses tailored to different business activities. Each free zone has its own set of regulations, but the general categories of licenses and the types of activities they cover are similar across different zones.
Description: Allows the holder to engage in trading activities, including import, export, distribution, and storage of goods.
- Common Activities:
- General trading
- Specific product trading (e.g., electronics, foodstuffs, textiles)
- Import/export
- Wholesale and retail distribution
Description: Permits the holder to offer services specified in the license. This is suitable for businesses that provide professional, management, or advisory services.
- Common Activities:
- Consultancy services (management, IT, HR, marketing)
- Legal advisory services
- Accounting and bookkeeping
- Event management
- Educational and training services
Description: Allows the holder to engage in manufacturing, production, and industrial activities.
- Common Activities:
- Manufacturing of goods and products
- Assembling products
- Processing raw materials
- Packaging of products
Description: Permits the holder to engage in online business activities, including buying and selling of goods and services via electronic means.
- Common Activities:
- Online retail stores
- E-commerce platforms
- Online marketing services
- Digital payment processing
License Process
- Choose a Free Zone
- Determine Business Activities
- Select Legal Structure
- Reserve Trade Name
- Apply for Initial Approval
- Lease Office Space
- Submit Legal Documents
- Pay Fees
- Obtain License and Register Company
- Open a Corporate Bank Account
- Visa Processing
- Compliance with Free Zone Regulations
- Maintain Proper Accounting Records