Establishing a company in the Abu Dhabi Free Zone, the Media Makers Zone, is a crucial strategic step for investors seeking to exploit the promising opportunities offered by the business environment in the UAE. In cooperation with Itqan Company, investors can achieve their goals efficiently and effectively within a free zone. Due to the tax breaks and advanced infrastructure they provide, these areas are ideal for new and medium-sized companies that want rapid growth and international expansion. Itqan offers extensive experience in the local market and deep knowledge of legal procedures and legislation, which facilitates the establishment process and reduces the administrative and legal challenges that new investors may face. Establishing a company in a free zone in cooperation with Itqan means taking full advantage of advisory and technical support, which ensures a strong start and a sustainable future for the business.

Establishing a Company in the Abu Dhabi Free Zone The Media Makers Zone is a media free zone located in the heart of one of the fastest growing media markets in the world with attractive economic benefits for businesses such as licensing services, easy business set-up, 100% corporate ownership in a stable environment. It is a place where some of the biggest names in the industry call home and the perfect location for your business, large or small, to grow and thrive.

Establishing a company in the Abu Dhabi Free Zone, the Media Makers Zone

Types of companies that can be established in the free zone

Establishing a company in a free zone can be an important strategic option for investors seeking to take advantage of the favorable business environment and tax and financial advantages available in the UAE. A free zone allows the establishment of multiple types of companies, meeting the needs of different business activities and investment requirements. Here is an overview of the types of companies that can be established in a free zone: Types of companies in a free zone:

• Limited Liability Company (LLC): The most common type is the LLC, where the financial liability of the partners is limited to a certain limit.
  Its establishment requires partners who agree to cooperate together in accordance with the institutional agreement.
• Sole proprietorship: A sole proprietorship is considered the easiest type to establish, as one individual owns all operating and management rights. The founder has great flexibility in making decisions without the need for approval from other partners.
• Partnership: A partnership consists of several individuals or cooperative entities who share responsibility, profits, and losses according to a specific partnership agreement. The partnership can be temporary or permanent depending on the arrangements of the parties involved.
• Public Company : A public company is a different structure where liability is determined on the basis of individual shareholders or partners. A public company has greater freedom to raise capital and transact finances while liability for losses is limited.

The requirements for establishing and managing each type of company differ, and a specialized company such as Itqan can provide the necessary support and guidance to choose the appropriate structure and facilitate all required legal and administrative procedures. Establishing a company in a free zone opens wide doors for investors to benefit from investment opportunities and growth in the UAE market and beyond, while providing an environment conducive to business and innovation.

Basic procedures for company registration

Establishing a company in a free zone represents an important strategic step for investors seeking to benefit from the favorable business environment and investment opportunities available in the UAE. Following the correct company registration procedures ensures legal compliance and smooth operation of the business, in addition to taking advantage of the tax and financial benefits offered in the free zone. Basic procedures for company registration:

• Choosing a company type: Investors must determine the appropriate company type for their business activity, such as a limited liability company, partnership, or sole proprietorship.
• Determine the trade name: You must choose a unique trade name and ensure that it complies with local regulations. Its availability can be verified through the commercial registry websites.
• Preparing the necessary documents: The required documents include the business plan, passports of the founders, and powers of attorney if necessary, in addition to the company’s institutional agreements.
• Submitting a registration application: The registration application must be submitted to the relevant authorities in the free zone, along with submitting the required documents and paying the prescribed fees.
• Obtaining licenses and permits: After approval of the registration application, the necessary licenses to start work are obtained, including the commercial license and permits for the commercial activity.
• Opening a bank account for the company: Investors must open a bank account in the name of the company to manage financial operations and business transactions.
• Employee Registration and Currency: The company must register employees and currency in accordance with local labor laws and provide social guarantees if necessary.

Rasm Al Khaima Free Zone is committed to providing a supportive environment and a favorable investment climate, which makes it easier for investors to establish and manage their businesses efficiently and successfully. These essential measures allow companies to take full advantage of local and international advantages, and enhance opportunities for growth and expansion in the local and regional market.

Tax and financial benefits available

Tax and financial benefits available

Free zones in the United Arab Emirates are an ideal destination for investors seeking to take advantage of the tax and financial benefits available, in addition to the advanced infrastructure and full government support. These benefits provide a favorable business environment that contributes to companies’ growth and increased profitability in the long term. Available tax and financial benefits:

• Income tax exemptions: Free zones in the UAE offer full income tax exemptions for up to 50 years in some cases, which helps reduce operational costs and increase profits.
• No customs duties: Investors in free zones enjoy exemption from customs duties on import and export, which facilitates international trade operations and reduces logistical costs.
• Ease of transferring capital and profits: In free zones, capital and profits are allowed to be transferred freely without restrictions, allowing companies to manage financial resources efficiently and effectively.
• Banking and financial facilities: Banks in free zones provide special banking facilities to registered companies, including loans and financing necessary to finance business and expansion.
• Flexibility in practical legislation: Companies in free zones enjoy great flexibility in practical legislation and regulations, which facilitates conducting business and reduces administrative complexities.
• Advanced infrastructure: Free zones provide advanced infrastructure that includes integrated transportation, communications, and energy facilities, which supports sustainable growth of companies and improves production efficiency.

In short, free zones in the UAE provide a unique investment environment that combines attractive tax benefits and outstanding financial support, making them an ideal choice for investors looking for an opportunity to achieve success and growth in local and global markets.

Our company’s role in establishing a company in the free zone

Establishing a company in a free zone in cooperation with Itqan Company represents an important step towards achieving success and stability in the UAE and regional market. During this journey, Itqan plays a vital role in providing the necessary support and advice that ensures that procedures are implemented efficiently and effectively. Through its extensive experience in the local market and deep understanding of legislation and regulations, Itqan offers a comprehensive solution for new and seasoned investors alike.

Ras Al Khaimah Free Zone offers unique investment opportunities, through advanced infrastructure and streamlined regulatory procedures, which effectively facilitates production, distribution and marketing processes. Thanks to significant tax breaks and pro-business policies, investors are able to achieve a competitive advantage and achieve sustainable financial profits in the long term.

Investing in a free zone in cooperation with Itqan is not just a launch for the company, but rather an investment in the future, as this partnership helps build strong foundations for growth and expansion. In conjunction with technological advancement and innovation, companies can successfully achieve their goals in a supportive and sustainable business environment.

In short, establishing a company in a free zone in cooperation with Itqan can be considered a wise strategic step that guarantees success and continuity, supported by careful planning and comprehensive support to achieve business goals efficiently and successfully.

Frequently asked questions about establishing a company in the free zone