Dubai, the heart of UAE has countless features but its salient characteristics are its reasonable location and oil industry that play a vital role in its economic growth. It is situated near the coast of Arabian Gulf that s’ why its map of development has changed in the last 20 years altogether. Now Dubai has become well reputed in terms of business for Europeans because it has introduced new dimensions in the field of business. Its feasible structure attracted traders to invest in free zone companies.
The company formation in the free zone in Dubai has innumerable advantages that produce a lot of profit without any hitch to foreign investors at a high level. Businesses set up in Dubai presented matchless facilities to the investors who were reluctant in this matter. Now they have their own free Zone incorporation which is free from the jurisdiction of the UAE .They have their own rules and regulations. Without any custom duty. It is completely tax free zone companies.
The free zone authority has complete prerogatives to handle the issues of registration in Dubai. This authority tackles the problems of free zone company registration fees on the whole. Dubai free zone license is a major concern for the non-residents. A Free zone Company set up is now in approach for foreigners.
The benefits of free zone business set up are many. The ideal location makes it very lucrative for trade. Free zones provide many benefits for investors. It is completely under the possession of foreign investors. There is also a chief benefit in a free zone: 100% repatriation of capital and profit. It is utterly free from all taxes. There is no restriction on transferring funds. It is also under the law of free zone authorities. Its freight charges are meager.
Academic City, widely known as Dubai International Academic City or DIAC, is
situated along the southern outskirts of Dubai. It was officially launched in the
year 2007 by TECOM Group.
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Home to more than 1800 companies and over 15,000 professionals, DAFZA (Dubai
Airport Free Zone Authority) is one of the fastest growing free zones in the UAE
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As the name suggests, Dubai Biotechnology & Research Park free zone was
established for all purposes on biotechnology research and research
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Activities available in DUCAMZ are related to trading, selling, maintenance, and
repairing of vehicles. Companies can also do activities such as insurance and
banking.
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Dubai Design District, also known as D3, is a creative community that provides an apt
environment for creative thinkers. D3 was established to become a leading
destination for design, culture and art
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Unlike the other free zones in the UAE, Dubai Gold and Diamond Park is not just a
business hub for
investors and companies, it is a treasure trove housing some of the world’s finest
jewelries,
precious stones, gemstones, gold, silver, platinum and many high-end ornaments
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The Dubai Healthcare City (DHCC) free zone, established in 2002, brings together core
healthcare services, attracting the best in class global and regional names, as well
as a network of businesses from hospitality to consultancies and retail outlets.
DHCC has its own regulatory body, and facilitates end-to-end business set-up.
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Dubai Industrial Park (DIP) is the residential sector of Dubai Industrial City (DIC).
The area
features quality commercial and residential properties. DIP is located next to
Sheikh Mohammed Bin
Zayed Road (E311) and also lies close to Al Maktoum International Airport, Dubai
Techno Park and the
Abu Dhabi.
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Dubai International Academic city is a hotspot for higher studies with over 400
undergraduate and
graduate programs and over 20,000 international students. Sitting on a whopping
18,000 sqft, it is
the world’s largest free zone dedicated to higher education.
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Set up in 2004, DIFC was established to oversee the strategic development,
operational management
and administration of Dubai’s financial companies. The Authority is committed to
creating value for
its various stakeholders
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DIC (Dubai Internet City) free zone is the leading tech community in the region. With
over 1600
companies, 2400+ professionals and more than 1600 business partners, DIC is a hub
for investors who
want to target global markets. DIC is a part of TECOM investments and is the largest
ICT hub in the
MENA region.
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Dubai Knowledge Village (DKV) is the world’s only free zone in the city of Dubai
which is completely
into human resource management, professional learning, and educational intelligence.
It was
established in the year 2003 by TECOM group. This free zone aims to develop the
talent pool in the
region and make the UAE a knowledge-based economy. With over 450 business partners,
DKV aims to
establish itself as a trusted business partner and a center of excellence for
business development.
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Dubai’s famous World Trade Center has been famous for more than forty years and now
with the DWTC
(Dubai World Trade Center) Free Zone in 2015, it has become an effective and well
regulated
competitive business hub for local and international markets.
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It is a gateway to the dynamic markets of the Middle East, Africa and South Asia – a
region with a
GDP projected to reach $12.8 trillion by 2022-23. Having such great advantages, it
is safe to say
that Dubai South Free Zone is one of the most sought-after free zones by investors
to incorporate a
business.
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Dubai Logistics City (DLC), also known as Dubai World Central, is the world’s first
platform which
was built for the purpose and development of logistics. DLC has been built to
promote and provide
better logistic and trade facilities in the UAE. Dubai Logistics is a government
initiative which is
the world’s first purpose-built aerotropolis
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Housing the famous media stations like Zee TV, OSN, MBC, ITP and so on, Dubai Media
City (DMC) has
established itself as the region’s most credible media community. Created in 2000,
DMC is managed by
TECOM investments and has become a world-class knowledge-based society and community
with more than
1400 companies set up in this free zone.
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Dubai Maritime City is the world’s most comprehensive maritime complex located on a
man-made
peninsula between Port Rashid & the Dubai Dry Docks, and surrounded by the waters of
the Arabian
Gulf.
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Dubai is the ideal hub for the financial, economic and cultural activities in all of
Middle East.
Dubai has clusters of free zones, among which the Dubai Multi Commodities Centre
(DMCC) is the
world’s premier free trade zone
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The Jumeirah Lakes Towers Free Zone (JLT Free Zone) is the free zone authority for
the JLT Free
Zone
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Dubai Silicon Oasis was established by the Government of Dubai in 2004 and is
one-of-its-kind Free
Zone reputed for world-class innovation...
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Launched in the year 2005, Dubai Studio City is one among the several media-driven,
capitalized
initiatives made by the Dubai Holding Subsidiary TECOM Investments
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Dubai Techno Park is an information technology park established in 2002 in Dubai.
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Dubai Creative Cluster Authority (DCCA), formerly known as Dubai Technology and Media
Free Zone
Authority (DTMFZA), was launched in the year 2000 to establish Dubai as a worldwide
hub for
knowledge-based industries such as media, IT, fashion, movie & production, science &
technology,
etc
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JAFZA (Jebel Ali Free Zone) is one of the most popular and competitive locations to
establish your
business
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Headquartered in Dubai, United Arab Emirates, Economic Zones World (EZW) free zone is
committed to
the ownership, operation, management and development of free trade zones and
industrial parks under
the Dubai World Group.
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Dubai Flower Centre (DFC) is the new hub for the growth of the floriculture industry
in Dubai. It is
located near Dubai International Airport and is established to meet the needs of the
developing
floriculture centre in the country
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The Dubai Government has recently launched Dubai Humanitarian City (DHC), an
initiative focused on
facilitating humanitarian efforts on a global platform
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Proceed to Humanitarian City Freezones
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IFZA – International Free Zone Authority is a business hub for new business owners
and investors to
set up business in IFZA Dubai. As one of the affordable and lowest cost free zone to
set up, IFZA
has become a go-to choice for many investors who plan to do business in UAE.
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Dubai Aviation City Corporation provides airport construction services. The Company
focuses on
infrastructure development, new runways and fire stations, cargo terminal, fuel
maintenance, and
storage services. Dubai Aviation City serves customers in the United Arab Emirates.
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For setting up a business in the Dubai, a license is compulsory. Licenses differ according to business activities. A company in the Dubai free zone issues different types of license for this purpose. Company observes strict rules in issuing license.
holders can perform the same operations as a general trading license plus the benefit of exporting products.
holders of this license can import, store and distribute goods verified under Dubai Free Zone
holders can carry out specific services permitted under the free zone.
this license can import raw materials and manufacture products
Can a free zone company do business in Dubai? It has become an emerging trend nowadays. You will have to follow steps to set up business in the free zone in Dubai.
It is a first step to establish business in a free zone. First it is to decide which entity you want to carry out. Your license must be according to your business activity. In a free zone you can operate different types of activities at a time.The type of license you will apply for depend heavily on what type of business you will begin with.
The second step is the selection of the proper location because the free zone area offers a lot of perspectives in the business field. Free zones in Dubai have dedicated their selves into serving a certain type of business for example, Dubai Media City has a focus on media companies from printing to television. Dubai Internet City has everything IT related etc. So your selection of location is important to operate a business.
Choose a company name that is available to register in UAE. The name of the company must not be controversial in terms of religion or political perspective, avoiding blasphemous meanings or not referring to any politics.
Once you’ve decided all the above, getting a license is where you get started. The type of license you apply for will depend on your business activity. We at Rockefeller helps you take care of all the paperwork while you just relax and wait to get the green light.
Opening a bank account is one of the easiest process in UAE that requires only a few paperwork to prove your legality. Rockefeller also helps easily open a bank account and set up your funds with the right paperwork.
Dubai free zone company license cost is not a fixed figure. Dubai free zone cost visa, cost of free zone license, cost of premises vary completely. The cost of all required things can be submitted at once .Dubai free zone offers a collective package in this regard. The bulk of the budget must be considered first for setting up business in the free zone.
