5 advantages when establishing a company in the Dubai Free Zone. With the increasing interest in establishing companies in free zones in the Emirates, the free zone is emerging as an ideal investment destination thanks to the attractive legal and tax facilities it provides. In cooperation with Itqan Company, the company establishment process becomes smoother and more effective, as the company provides specialized expertise and comprehensive support throughout all stages of the process.

Establishing a company in the Dubai Free Zone represents a crucial strategic step for investors seeking to benefit from the distinguished investment environment that the United Arab Emirates provides. In cooperation with Itqan Company, investors can obtain specialized support and in-depth knowledge of the procedures and facilities available in the free zone. These areas offer advanced infrastructure and easy legislative procedures, which facilitate the establishment and operation of companies with high efficiency and relatively low costs. The free zone, in cooperation with Itqan, provides strategic capabilities to access regional and global markets, making it an ideal destination for companies seeking expansion and sustainable growth.

The free zone provides advanced infrastructure and modern facilities that support various types of businesses, including logistics, manufacturing, technology, and financial services, making it an ideal destination for companies wishing to grow and expand. In addition, the free zone has a strong communications and transportation network, which enhances the ability of companies to access regional and global markets with high efficiency.

Itqan Company reflects its commitment to providing the best solutions to investors, which contributes to building strong strategic partnerships and achieving sustainable success in the free zone’s dynamic business environment. Establishing a company in cooperation with Itqan is not only an investment, but rather a strategic step that ensures excellence and innovation in today’s business world.

5 advantages when establishing a company in the Dubai Free Zone

The main advantages of establishing a company in the free zone

Free zones in the United Arab Emirates are an ideal investment destination for companies wishing to grow and expand in a competitive international market. Thanks to the unique facilities it offers, establishing a company in the free zone is a calculated, strategic choice that attracts investors of various sectors and sizes. The main advantages of establishing a company in a free zone :

• Tax facilities: One of the most prominent advantages offered by free zones is tax facilities, as companies enjoy long periods of not imposing taxes on income and profits, which contributes to reducing operational costs and increasing profitability.
• Full Ownership: Free zones allow full ownership of foreign companies, which means that investors do not need a local partner, and this makes it easier for foreign companies to access the local and regional market freely.
• Advanced infrastructure: The free zones have a modern and advanced infrastructure that supports various commercial and industrial activities, which facilitates production and distribution operations with high efficiency.
• Access to global markets: Thanks to their strategic location, free zones provide easy and efficient access to regional and global markets, enhancing international trade opportunities and expanding the customer base.
• Government support and flexible legislation: The UAE government provides strong support to companies through flexible legislation and favorable investment policies, which enhances a dynamic business environment that stimulates growth and innovation.

In short, establishing a company in the free zone represents a unique opportunity to benefit from a developed investment environment that provides the necessary facilities to achieve success and continuity in the competitive global market.

Basic steps to establish a company in the free zone

Establishing a company in a free zone in the UAE represents an important strategic step for investors seeking to benefit from the unique facilities that these places provide for business. By adhering to legal procedures and local legislation, investors can build their businesses efficiently and confidently. The basic steps for establishing a company in the free zone:
market study and strategic planning. The investor must first conduct a comprehensive study of the target market and determine strategies for growth and expansion in the free zone.

• Choosing a company type: The investor must select the appropriate company type, such as limited company, partnership, or sole proprietorship, based on specific needs and business objectives.
• Choosing the location and free zone: The investor must choose the appropriate free zone that is compatible with the company’s activity and provides the appropriate infrastructure.
• Registering the company and obtaining licenses: A registration application must be submitted to the competent authorities in the free zone, including submitting the required documents such as the articles of incorporation and owners’ certificates.
• Opening a bank account and securing investment: Establishing a company requires opening a local bank account and securing the necessary investments to ensure the smooth running of the company’s operations.
• Compliance with local legislation and regulations: The investor must ensure compliance with all local legislation and regulations related to business and work.
• Starting operations: After obtaining all necessary licenses and approvals, the company can start operations and implement growth and expansion plans.

By following these basic steps, investors can make the most of the advantages of the free zone and establish a successful and thriving business in the UAE.

The expected costs of establishing and operating the company in the free zone

Establishing a company in a free zone in Dubai or any free zone in the Emirates includes several major costs. These costs may vary based on the type of company and location you choose, but on average, they can include the following costs:

• Establishment fees: Includes company registration fees and licenses necessary to start the business.
• Rental costs: An office or work space is rented in the free zone, and the costs vary according to the office space and its location within the zone.
• Public services costs: such as electricity, water, internet, and maintenance.
• Labor costs: If the company needs local or foreign employees.
• Administrative fees and consulting services: such as legal and accounting services and management consulting.
• Bank account fees: to open a company bank account.
• Insurance costs: such as health insurance for employees and general insurance for the company.
• Annual renewal fees: Includes costs for renewing necessary licenses and permits.

The cost of operating a company in a free zone varies greatly based on the size of the company, its activity, and the free zone chosen. Therefore, it is necessary to conduct an integrated feasibility study to accurately estimate the expected costs before starting the establishment process.

Steps to establish a company in the Dubai Free Zone

Steps to establish a company in the Dubai Free Zone

Establishing a company in a free zone in Dubai is an attractive option for investors due to the flexible legislative environment, lucrative tax benefits, and ease of establishment procedures. Dubai’s free zones provide advanced infrastructure and business support that helps companies grow effectively. Steps to establish a company in a free zone in Dubai

• Choosing the company type: Determine the appropriate company type (such as limited liability company, sole proprietorship, etc.).
• Choosing a free zone: Choose the free zone that suits your business activity and special requirements.
• Defining activities and services: Determine the scope of business activities and services that the company will provide.
• Company registration: Submit the necessary documents and submit a registration application to the relevant authorities in the free zone.
• Obtaining licenses and permits: Securing the necessary licenses to conduct commercial activity, such as work and building permits (if necessary).
• Opening a bank account: Opening a bank account for the company to manage financial operations.
• Securing an office or work space: Renting an office or space to carry out company activities within the free zone.
• Insurance and tax registration: Register with government agencies to obtain a tax identification number and employment insurance if required.
• Certifications and Approvals: Ensure compliance with the necessary certification and approvals requirements depending on the type of company and activity.
• Annual insurances and licenses: Pay annual fees and renew licenses necessary for business continuity.

Establishing a company in a free zone in Dubai requires dealing with certain administrative and legal procedures, so it is advisable to cooperate with experts or specialized consulting companies to ensure full compliance and smoothness in the establishment process.

Our company’s role in establishing a company in the Dubai Free Zone 

When it comes to concluding the journey of establishing a company in the free zone in cooperation with Itqan Company, the conclusion can be the key to understanding the comprehensive benefits that this experience offers. Through joint efforts, investors are able to make the most of the legal and tax facilities provided by free zones in the UAE, which contributes to reducing costs and increasing operational efficiency. This partnership also provides access to a wide and diverse market without the traditional restrictions of international trade, which enhances opportunities for growth and permanent expansion in local and regional markets.

In addition, the specialized consulting services provided by Itqan contribute to simplifying operations and providing the necessary support during all stages of establishing the company, which increases management effectiveness and achieves sustainable growth goals. In conclusion, establishing a company in the free zone in cooperation with Itqan is not just an investment, but rather a strategic partnership that guarantees success and continuity in today’s business world, which requires more professionalism and innovation.

Frequently asked questions about establishing a company in the Dubai Free Zone