Establishing a company in the Dubai Free Zone is considered an excellent strategic step for investors and entrepreneurs who seek to benefit from the many advantages that these areas provide. Dubai, far from being just an ordinary mall, is distinguished by its strategic location in the heart of global markets, in addition to its advanced infrastructure and great government support for business. Free zones in Dubai, such as Jebel Ali (JAFZA), Dubai Internet City (DIC) and Dubai International Financial Center (DIFC), offer an ideal environment for establishing companies, as they provide multiple advantages that include full foreign ownership, tax exemptions, easy profit remittance, and access to the market. Global, multicultural work

When talking about setting up a company in Dubai Free Zone, a local partner like Itqan plays a vital role in facilitating the process. Itqan Company was established to provide integrated services that include legal and administrative consultations, provide support in preparing the required documents, and facilitate obtaining the necessary approvals from the competent authorities. The Itqan team works to provide customized solutions that suit the needs of investors, ensuring that the company is established quickly and without complications. Cooperating with Itqan Company can save investors a lot of time and effort, and enable them to focus on developing their business instead of being preoccupied with administrative procedures.

Establishing a company in Dubai Free Zone

Basic steps to establish a company in Dubai

Dubai is considered one of the most attractive cities in the world for establishing companies, thanks to its strategic location in the heart of global markets, its advanced infrastructure, and a supportive investment environment. Establishing a company in Dubai allows investors to benefit from many advantages such as full foreign ownership in free zones, tax exemptions, easy transfer of profits, and access to a global, multicultural labor market. In this article, we will review the basic steps for establishing a company in Dubai, which will enable you to start your investment journey successfully and easily. Basic steps to establish a company in Dubai

• Choose the type of business activity: Select the type of business activity you want to practice in Dubai. There is a wide range of businesses you can choose from, such as trade, services, industry, and technology.
• Choosing the company’s legal structure: Choose the appropriate legal structure for your company based on the type of business activity and the number of shareholders. Options include a limited liability company (LLC), a public joint stock company (PJSC), a private joint stock company (PrJSC), a branch of a foreign company, a free zone company, or an offshore company.
• Choosing a Business Name: Choose an appropriate business name for your company and ensure it complies with the naming rules in Dubai. The trade name must be submitted to the Department of Economic Development (DED) for approval.
• Obtaining initial approval: After choosing a trade name, submit an application for initial approval from the Department of Economic Development (DED). This step involves providing basic information about the business and partners.
• Prepare and submit required documents: Submit all required documents which include a copy of passport, personal photos, proof of address, articles of incorporation, and lease agreement (if required).
• Choosing a Company Location: Rent an office or space suitable for your business. The site must be compatible with licensed businesses and equipped to the required standards.
  Obtaining the necessary approvals and licenses: Some commercial activities require additional approvals from certain government agencies. Make sure to obtain all necessary approvals for your business.
• Paying fees and receiving the business license: After completing all documents and obtaining approvals, pay the required fees to the Department of Economic Development (DED) and receive your business license.

Documents required to establish a company in Dubai

Dubai is an ideal destination for establishing companies thanks to its attractive investment environment, advanced infrastructure, and strategic location that links global markets. Establishing a company in Dubai allows investors to benefit from a wide range of advantages such as full foreign ownership in free zones, tax exemptions, and easy transfer of profits. In order to be able to establish a company in Dubai smoothly and successfully, it is necessary to provide a set of required documents that meet the requirements of government agencies. In this article, we will go over the basic documents you need to set up a company in Dubai. Documents required to establish a company in Dubai

• Copy of Passport: A clear and recent copy of the passport must be provided to all proposed partners, shareholders and directors of the company. The passport must be valid for at least six months.
• Personal photos: Providing recent personal photos of all partners, shareholders and managers. Photos must be passport size and meet the standards required by local authorities.
• Proof of Address: Provide proof of current address for all partners and shareholders, such as a utility bill or recent bank statement containing the full address.
• Articles of Association: Preparing and submitting the Articles of Association that specify the company’s details such as the trade name, type of business activity, authorized capital, distribution of shares among partners, and management powers.
• Lease Contract: Submitting a lease contract for the company’s office or the place where the business activity will be conducted. The lease contract must be notarized and approved by the Dubai Land Department.
• Initial approval: Obtain initial approval from the Department of Economic Development (DED) before completing the rest of the procedures. This step requires submitting an approval application form with all basic information about the business and partners.

• 

  Key benefits of setting up a company in Dubai

Key benefits of setting up a company in Dubai

Dubai is considered one of the most attractive cities in the world for establishing companies thanks to its distinguished investment environment, strategic location, and advanced infrastructure. Establishing a company in Dubai provides investors and businessmen with many advantages that contribute to achieving success and sustainable growth for their business. In this article, we will review the key benefits of setting up a company in Dubai, highlighting why Dubai is a preferred destination for business and investments. Key benefits of setting up a company in Dubai

• Strategic location: Dubai is located in a distinctive geographical location linking East and West, making it a global commercial center with easy access to European, Asian and African markets. This strategic location allows companies to reach more than two billion consumers in diverse markets.
• Attractive investment environment: Dubai provides a stable and supportive investment environment for business, with government policies encouraging foreign investment. The government offers many incentives, such as tax and administrative facilities, to foreign investors.
• Tax breaks: Establishing a company in Dubai, especially in free zones, provides attractive tax breaks on profits and personal income. This contributes to reducing operational costs and increasing profitability.
• Full foreign ownership: In free zones, foreign investors can own 100% of their companies without the need for a local partner. This makes it easier for foreigners to establish and manage their businesses with complete freedom.

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

At the conclusion of this article about establishing a company in the Dubai Free Zone in cooperation with Itqan Company, it can be said that investing in Dubai represents a golden opportunity that should not be missed. Dubai, with its strategic location in the heart of the world and under wise leadership that constantly seeks to improve the business environment, remains a major destination for investors and entrepreneurs from all over the world. Free zones in Dubai are not just special economic zones, but rather engines of economic growth characterized by providing a business-friendly environment characterized by flexibility, transparency, and continuous government support.

Establishing a company in Dubai Free Zone offers investors many benefits, including full foreign ownership, tax exemption, easy transfer of profits and capital, in addition to access to a global, multicultural labor market. These advantages make Dubai an ideal choice for startups and international companies alike. However, new businesses may face challenges related to legal and administrative procedures and document documentation. Here comes the role of Itqan Company to provide the necessary support to investors, as it provides integrated solutions that include all aspects of establishing the company

Itqan Company is not just a service provider, but rather a strategic partner that aims to facilitate the process of establishing companies in the Dubai Free Zone. Through its deep experience and extensive knowledge of local procedures and laws, Itqan Company ensures investors establish their companies quickly, efficiently and without complications. Investors’ cooperation with Itqan means that they receive continuous support and professional advice that enhances the chances of their business success

Frequently asked questions about establishing a company in Dubai Free Zone