Business Setup in Dubai Free Zone

Leverage expert support for seamless business incorporation in Dubai Mainland. Gain full access to both regional and international markets, empowering yoavur company to operate without limitations in a dynamic, business-friendly environment.

1. Business Setup Assistance
2. Trade License Acquisition
3. Tax Advisory Services
4. Corporate Bank Account Setup
5. Compliance Management
6. Residency Visa Support

What is a Free Zone Company?

Free zone company formation in Dubai is an ideal option for entrepreneurs and investors seeking a cost-effective, business-friendly environment. Dubai’s free zones are specifically designed to attract international businesses, offering state-of-the-art infrastructure and services tailored to support growth and innovation.

The cost of setting up a company in a Dubai free zone varies based on factors such as the chosen free zone, business activity, and type of license. Whether you are establishing a trading, service, or industrial business, Dubai’s free zones provide flexible and customized options to suit your specific requirements.

With competitive setup costs, streamlined licensing processes, and an array of business incentives, establishing a company in a Dubai-free zone is a strategic move for companies looking to expand and capitalize on regional growth opportunities. A free zone license not only facilitates access to global markets but also ensures compliance with local regulations, positioning your business for long-term success.

Types of Free Zone Company Structures

Free Zones in the UAE

Several free zones in the UAE are tailored to specific industries, including trade, technology, design, finance, and more. Below are some of the prominent free zones we work with:

International Free Zone Authority (IFZA)

Located in Dubai International City, IFZA offers cost-effective business setups tailored for commercial and professional services. Known for its affordability and efficiency, IFZA is a preferred choice for small and medium-sized enterprises.

Dubai Multi Commodities Centre (DMCC)

Located in Jumeirah Lakes Towers, DMCC is one of the UAE’s most successful free zones, attracting businesses in the trade and commodities sectors, particularly those dealing with precious metals like gold and diamonds.

Abu Dhabi Global Market (ADGM)

Located on Al Maryah Island, ADGM is a leading financial center in Abu Dhabi, known for its world-class regulatory framework and comprehensive support for the financial services sector.

Dubai International Financial Centre (DIFC)

Located in Dubai’s Trade Centre, DIFC offers a supportive environment for finance, fintech, and professional services. DIFC operates under international regulatory standards and maintains an independent judicial framework, making it an ideal destination for global financial institutions.

Meydan Free Zone

Situated in Nad Al Sheba, Meydan Free Zone provides flexible office solutions and a wide range of business activities, including finance, media, trading, and tourism.

Sharjah Publishing City (SPC)

Located in Al Zahia, Sharjah, SPC is focused on publishing, e-commerce, and media, offering specialized infrastructure for freelancers and businesses in creative industries.

Ras Al Khaimah Economic Zone (RAKEZ)

Located in Ras Al Khaimah, RAKEZ supports sectors such as manufacturing, trading, and industrial services, providing affordable licensing options and specialized zones for specific industries.

Ajman Free Zone

Located in Ajman, this free zone caters to a broad range of industries, including trading, manufacturing, and service sectors such as consultancy and advertising.

Sharjah Research, Technology, and Innovation Park

Dedicated to fostering innovation, R&D, and advanced technologies, this free zone is ideal for businesses focused on scientific research and technological development.

Dubai Airport Free Zone (DAFZA)

Located adjacent to Dubai International Airport, DAFZA is ideal for logistics, aviation, electronics, and IT businesses. DAFZA offers tax benefits and fast-track customs processes, facilitating swift and efficient operations.

Jebel Ali Free Zone (JAFZA)

Situated near Jebel Ali Port, JAFZA is one of the oldest and largest free zones in the UAE. It supports logistics, manufacturing, and large-scale trading operations, making it a key hub for global business.

Types of Licenses Available in UAE Free Zones

1. Commercial License

This license permits companies to engage in the trade, export, and import of a wide range of goods. It is ideal for both general trading and specialized trading businesses.

2. Service License

Designed for companies providing services instead of physical goods, this license covers professional services such as consulting, marketing, IT, and various advisory activities.

3. Industrial License

Issued to companies engaged in manufacturing, production, and assembly, this license provides access to warehousing and manufacturing facilities within the free zones, supporting both light and heavy industrial operations.

4. General Trading License

This license allows businesses to trade in a variety of unrestricted products. It is suitable for companies dealing in diverse types of goods without specific limitations on product categories.

5. Freelance License

Tailored for individuals offering freelance services, this license enables professionals to operate as self-employed entities in fields such as media, design, IT, education, and more.

6. Media License

This license caters to businesses in the media, advertising, entertainment, and publishing industries, facilitating operations within the creative and media sectors.

7. E-commerce License

Ideal for companies operating online, this license enables businesses to sell goods and services through e-commerce platforms, ensuring compliance with local regulations for digital trade.

8. Warehousing License

This license allows companies to lease warehousing facilities for storage, distribution, and logistics operations, making it ideal for businesses involved in supply chain management.

9. Offshore License

Offshore licenses enable businesses to operate as international entities while benefiting from the free zone’s infrastructure. These companies are primarily set up for international trade and asset protection, with operations outside the UAE.

Documents Required for Dubai Mainland Business Setup

Document	FZE	FZCO	FZLLC
Passport Copy	✅	✅	✅
UAE Residence Visa (for UAE residents)	✅	✅	✅
Emirates ID (for UAE residents)	✅	✅	✅
Utility Bill or Tenancy Contract	✅	✅	✅
Business Plan	✅	✅	✅
NOC from Current Sponsor (if employed in UAE)	✅	✅	✅
Bank Reference Letter	✅	✅	✅
Memorandum of Association (MOA)	❌	✅	✅
Articles of Association (AOA)	❌	❌	✅
Curriculum Vitae (CV)	✅	✅	✅
Proof of Ownership	✅	✅	✅

Steps for Free Zone Company Setup in Dubai

Step 1: Choose the Free Zone and Business Activity

Identify the most suitable free zone based on your business activity (e.g., trade, manufacturing, consulting). Each free zone specializes in particular sectors, so selecting one aligned with your industry will provide access to tailored resources and support.
Duration: 1 to 2 days

Step 2: Submit the Initial Application and Name Reservation

Apply to the chosen free zone authority, providing details of your business activity, company structure, and preferred trade name. At this stage, the trade name will also be reserved.
Duration: 1 to 3 days

Step 3: Prepare and Submit Required Documents

Gather the necessary documents, which typically include passport copies, a business plan, No Objection Certificates (if required), and shareholder details. Certain free zones may also request additional documents, such as bank reference letters.
Duration: 3 to 5 days

Step 4: Sign Legal Documents and Pay Fees

Once the initial approval is obtained, sign the legal documents, including the Memorandum of Association (MOA), Articles of Association (AOA), and any additional agreements. Pay the relevant licensing fees based on the type of business activity and license.
Duration: 1 to 2 days

Step 5: Obtain License and Registration Certificate

Upon successful review, the free zone authority will issue the trade license, officially establishing your company as an authorized entity.
Duration: 3 to 5 days

Step 6: Visa Processing and Bank Account Setup

Apply for residency visas for shareholders and employees, and initiate the process of opening a corporate bank account. The timelines for visa processing and account setup will vary depending on the free zone’s requirements and bank processing times.
Duration: 1 to 2 weeks

Dubai Free Zone Company Setup Costs

The cost of setting up a company in a Dubai-free zone varies based on the type of license and the specific free zone selected. Understanding the cost of Dubai free zone company formation is essential for businesses planning to establish operations in these zones. Below are the estimated costs for company setup in popular free zones:

DAFZA: From AED 20,000
RAKEZ: From AED 6,000
JAFZA: From AED 12,000
DMCC: From AED 21,000
SRTIP: From AED 5,000
IFZA: From AED 12,900
SPC: From AED 6,875
DIFC: From AED 73,460
Meydan Free Zone: From AED 12,499
ADGM: From AED 73,460
Ajman Free Zone: From AED 5,555

In addition to the free zone license cost, businesses must also factor in other expenses such as office space, which may vary based on location and size. Other potential costs include local sponsor fees (if applicable), visa processing fees, and permit costs, all of which contribute to the overall cost of setting up a business in a Dubai-free zone.

Speak with a Business Advisor

Frequently Asked Questions (FAQs)

About Outsourced Accounting & Bookkeeping

Why should I outsource my accounting and bookkeeping needs?

Outsourcing your accounting and bookkeeping tasks to professionals like Gloace Fintax Consultants offers several benefits, including cost savings, access to expertise, improved accuracy, and the ability to focus on core business activities.

How does Gloace Fintax Consultants ensure the security of my financial data?

At Gloace Fintax Consultants, we take the security of your financial data seriously. We employ stringent security measures, including encryption, firewalls, and access controls, to safeguard your data against unauthorized access or breaches.

Can Gloace Fintax Consultants customize its services to meet my specific business needs?

Yes, absolutely. We understand that every business is unique, which is why we offer tailored accounting and bookkeeping solutions to meet your specific needs and goals. Whether you need basic bookkeeping services or comprehensive financial management, we’ve got you covered.

What are the costs associated with outsourcing accounting and bookkeeping to Gloace Fintax Consultants?

The cost of our services depends on factors such as the complexity of your financial needs, the volume of transactions, and the level of support required. We offer transparent pricing and will work with you to develop a customized service package that fits your budget.

How can I get started with Gloace Fintax Consultants?

Getting started with Gloace Fintax Consultants is easy. Simply contact us to schedule a consultation with one of our experts. We’ll discuss your needs, assess your current financial situation, and develop a customized plan to help you achieve your business goals.