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Establishing a company in the Free Zone

Establishing a company in the Free Zone

Establishing a company in a free zone in Dubai is considered an important strategic step for many investors and entrepreneurs who seek to achieve success and growth in a prosperous economic environment. Dubai provides tremendous investment opportunities thanks to its strategic location, the development of its infrastructure, and the presence of many free zones that offer exceptional advantages. Working with Itqan Company In this process, the key to success in establishing a company in the free zones in Dubai can be Etqan Company, which is considered one of the leading companies in providing advisory services and logistical support to emerging companies wishing to enter the Emirati market. It provides an integrated package of services that include a feasibility study and choosing the appropriate location for the company, in addition to… Facilitating all legal and administrative procedures related to incorporation

Establishing a company in the Free Zone is an ideal environment for companies seeking to enjoy tax and investment advantages, as these areas provide long-term tax exemptions, sometimes up to fifty years, in addition to not imposing any taxes on personal income or value-added tax on goods and services. These advantages make… Free zones have a very attractive environment for investors. Free zones also allow foreign companies to have 100 percent full ownership without the need for a local partner, which enhances the independence of investors and their ability to fully control their business.

Through cooperation with Itqan Company, investors can benefit from its extensive experience and deep knowledge of the economic and legal environment in Dubai. Itqan Company provides support at every stage of establishing the company, starting from providing advice on the most appropriate legal structure for the company to assisting in preparing the required documents and submitting them to the competent authorities. The company works to facilitate obtaining the necessary commercial licenses and provides support in renting offices and industrial spaces in free zones

By choosing to cooperate with Itqan Company, investors are guaranteed to establish their companies in Dubai easily, conveniently, and at the lowest possible cost and effort, which allows them to focus on growing their business and achieving their strategic goals in a dynamic market full of economic opportunities. Itqan Company contributes to realizing this dream thanks to its specialized team and distinguished services that meet the needs of emerging companies. Both medium and large

Establishing

Establishing a company in the Free Zone

Key advantages of establishing a company in the Dubai Free Zone

Dubai is one of the most prominent global destinations for investment and trade, attracting companies and investors from around the world thanks to its thriving economic environment and diversity of investment opportunities. One of the most important factors that contribute to making Dubai a preferred destination for investment is the free zones that provide a distinctive work environment and unique advantages that make establishing companies easier and more flexible. Cooperation with specialized consulting companies such as Itqan adds additional value to this process, as Itqan ensures the provision of the necessary support and facilitates all administrative and legal procedures, making the process of establishing the company a smooth and successful experience. The main advantages of establishing a company in the free zone in Dubai

  • Long-term tax exemption: Companies registered in free zones enjoy tax exemptions of up to fifty years on corporate tax, which enhances business profitability and allows companies to invest in their growth and expansion without worrying about high taxes.
  • Full Foreign Ownership: Dubai free zones allow foreign investors 100% full ownership of their companies without the need for a local partner, providing greater flexibility and complete independence in business management and strategic decision-making.
  • Customs exemptions: Companies in free zones benefit from complete exemption from customs duties on imports and exports, which reduces operating costs and enhances the competitiveness of products and services in local and international markets.
  • Ease of transferring profits and capital: Free zones allow companies to transfer their profits and capital completely freely to anywhere in the world without imposing restrictions or taxes on these transfers, which ensures financial liquidity and greater flexibility in managing funds.
  • Advanced infrastructure: The free zones in Dubai are characterized by an advanced infrastructure that includes modern facilities and office and industrial spaces equipped with the latest technologies, which allows companies to work with high efficiency and benefit from integrated logistical services and technical support.
  • Ease of procedures and establishment: Free zones provide easy and quick establishment procedures thanks to the support provided by local authorities and specialized consulting companies such as Itqan Company, which ensures starting businesses in a short time and with the least possible effort.
  • A business environment that encourages innovation: Dubai’s free zones support a business environment that encourages innovation and development, as it hosts many international companies and entrepreneurs, which provides great opportunities for cooperation and strategic partnerships.
  • Access to global markets: Thanks to its strategic location between East and West, Dubai allows companies registered in free zones easy access to global markets, which enhances opportunities for growth and expansion internationally.

These advantages make establishing a company in the Dubai Free Zone an ideal choice for investors and entrepreneurs seeking to achieve sustainable success in an integrated and supportive business environment.

Basic

Basic steps to establish a company in the free zone

Basic steps to establish a company in the free zone

Establishing a company in Dubai’s free zones is an attractive option for entrepreneurs and investors looking to take advantage of the thriving economic environment and competitive advantages that Dubai offers. Free zones offer advanced infrastructure, long-term tax exemptions, and full foreign ownership, making them an ideal destination for companies of all sizes and sectors. Collaborating with consulting firms such as Itqan can facilitate the establishment process and provide the necessary support to ensure the company’s success in this dynamic market. Here we review the basic steps for establishing a company in the free zone in Dubai. Basic steps to establish a company in the free zone

  • Choosing the type of business: The first step is to decide what type of business you want to do. The types of licenses available vary based on the activity, such as commercial, industrial, service, and e-commerce. You must ensure that the chosen activity is permitted in the chosen free zone.
  • Choosing the appropriate free zone: Dubai includes many free zones, each of which specializes in specific fields such as technology, media, healthcare, and trade. Choosing the most appropriate free zone depends on the type of commercial activity and services available in that zone.
  • Determine the company structure: The legal structure of the company must be determined, whether it is a limited liability company, a branch of a foreign company, or a joint stock company. The legal structure depends on the requirements of investors and the type of business activity.
  • Choosing a company name: Choosing a suitable name for the company that complies with the rules and regulations of the free zone. The name must be unique, not used by any other company and properly registered.
  • Preparing and submitting documents: Required documents include passports for shareholders and directors, business plan, incorporation application form, company memorandum and articles of association, and proof of address. Documentation varies based on the type of business and company structure.
  • Obtaining approvals and licenses: After submitting the required documents, the necessary approvals must be obtained from the free zone authority. This includes the business licenses and permits necessary to conduct business activity.
  • Renting an office or industrial space: Renting an office or industrial space within the free zone according to the requirements of the business activity. Free zones provide diverse spaces that meet the needs of companies of all sizes.

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

In conclusion, establishing a company in the free zones in Dubai in cooperation with Itqan Company represents a fruitful strategic step for any investor or entrepreneur seeking to achieve success in a market characterized by dynamism and rapid growth. Itqan Company, thanks to its extensive experience and deep knowledge of the economic and legal environment in Dubai, provides unparalleled support. He is responsible for every stage of establishing the company, starting from the feasibility study and choosing the appropriate location, through facilitating legal and administrative procedures, all the way to obtaining commercial licenses and leasing offices and industrial spaces.

Free zones in Dubai offer many advantages that make them an ideal environment for investment, as they provide long-term tax exemptions and allow full foreign ownership of companies without the need for a local partner, which enhances the ability of investors to fully control their business. In addition, Dubai is distinguished by its strategic location, which makes it a gateway to global markets, making it a gateway to global markets. It allows companies to take advantage of the enormous business opportunities in the Middle East and North Africa region

Cooperation with Itqan Company guarantees investors a smooth and successful experience in establishing their companies, as the company is committed to providing integrated services that include logistical and advisory support to ensure the achievement of the best results. Itqan offers customized solutions that meet the needs of emerging, medium and large companies alike, which helps investors focus on growing their business and achieving their strategic goals. In a flexible business environment that encourages innovation

In addition, Itqan Company provides the necessary support to overcome the challenges that investors may face during the company’s founding stage, from bureaucratic challenges to operational challenges. Thanks to its specialized team and distinguished services, Itqan contributes to facilitating and accelerating the process of establishing the company, which allows investors to quickly enter the market and benefit from opportunities. More available

Choosing to establish a company in the free zones in Dubai in cooperation with Itqan is a smart investment that ensures that they benefit from the advantages of the advanced investment environment and unique tax advantages. In addition to the comprehensive support provided by Itqan, investors can achieve sustainable growth and long-term success in one of the most attractive markets for investment in. Itqan World pledges to act as a reliable partner that helps companies achieve their dreams and achieve success in a competitive and supportive environment

Frequently asked questions about establishing a company in the Free Zone

What are the main advantages of establishing a company in the Dubai Free Zone?

Dubai’s free zones offer many benefits including long-term tax exemptions, full foreign ownership of companies, no income tax on individuals or companies, exemption from customs duties on imports and exports, in addition to advanced infrastructure and integrated logistics services.

What are the basic steps to establish a company in the free zone?

The basic steps include choosing the type of business activity, choosing a company name, submitting an application for incorporation to the relevant free zone authority, preparing and submitting the required documents, paying fees related to incorporation and obtaining a business license, and finally leasing the appropriate office or industrial space.

Can foreigners own a company in the entire free zone?

Yes, foreigners can 100% own a company in the free zone without the need for a local partner, allowing investors to have full control over their business and investments.

What are the documents required to establish a company in the free zone?

Required documents may include passports of shareholders and directors, business plan, incorporation application form, company memorandum and articles of association, proof of address, and other documents that may vary depending on the free zone and business activity.

What types of licenses are available in free zones?

Several types of licenses are available, including commercial licenses, industrial licenses, service licenses, and e-commerce licenses. The type of license determines the business activities a company can undertake.

What are the costs associated with setting up a company in a free zone?

Costs include incorporation fees, business license fees, the cost of renting office or industrial space, and the costs of consulting and legal services. Costs vary based on the size of the company, type of activity and the free zone chosen.