Free Zones in Dubai, Free Zones in Dubai, The idea of ​​free zones in Dubai reflects the spirit of modern trade and sustainable international investment. These free zones are considered one of the most important foundations laid by Dubai to attract entrepreneurs and companies from around the world. Free zones represent a distinct environment that provides many advantages and investment opportunities, which helps enhance economic growth and diversify the bases of the local economy.

Dubai, as one of the emirates of the United Arab Emirates, has been able, thanks to the vision of its wise leadership, to become a global center for trade and investment. Dubai’s free zones are an integral part of this success, as they have advanced infrastructure and modern facilities that meet the needs of large, medium and small companies alike.

Dubai free zones offer a wide range of benefits such as full tax exemptions on profits, customs facilities, easy access to the regional and international market, and flexible legislation that facilitates conducting business. These areas also provide a supportive and stimulating work environment, where companies can benefit from the advanced infrastructure and distinguished services they provide.

Relying on the experience and specialization of Itqan Company in this field, investors can benefit from specialized consultations to establish and manage businesses in free zones, ensuring compliance with government legislation and instructions, and making the most of the investment opportunities available in Dubai.

Free zones in Dubai

Commercial activities permitted in the free zone

Free zones in Dubai are considered an ideal destination for companies wishing to grow and expand in the regional and global market. These areas provide a distinguished investment environment that includes full tax exemptions, customs facilities, and advanced infrastructure, making them rich in opportunities for various commercial activities. Commercial activities allowed in the free zone:

• Manufacturing and production: These activities include the manufacture of industrial products and finished products of various types.
• International trade: includes the import and export of products and goods completely freely without imposing customs duties.
• Financial and banking services: including investment services, Islamic banking services, and financial advisory services.
• Information and Communications Technology (ICT): includes the provision of technical services, software development, communications, and information technologies.
• Logistics and logistics chain management: involves managing and coordinating shipments and distribution.
• Research and development: includes advanced technological activities and scientific research.

These activities are part of the wide range of business activities that companies can benefit from in Dubai’s free zones, providing multiple opportunities for growth and expansion in a competitive global market.

Steps necessary to establish a company in the free zone

Establishing a company in the Dubai Free Zone represents an important strategic step for those wishing to exploit the economic advantages and flexible legislation provided by this advanced investment environment. Dubai’s free zones provide complete tax exemptions, customs facilitation, and advanced infrastructure, which contributes to attracting international companies and strengthening Dubai’s position as a global business center. Necessary steps to establish a company in the free zone :

• Choosing a company type: The appropriate company type, such as a limited liability company (LLC) or a branch of a foreign company, should be chosen based on the type of activity and business strategy.
• Determine the commercial activity: Determine the commercial activities that the company will undertake, and ensure that they comply with the activities permitted in the selected free zone.
• Choosing a company name and ensuring its availability: You must choose a unique name for the company and ensure that it does not conflict with the names of existing companies.
• Preparing legal documents: This includes preparing the company’s articles of association and the partners’ agreement (if it is a partnership company), and having them signed by the founders.
• Submitting a registration application: Submit an application for registration in the selected free zone, attaching all required documents and paying the registration fees.
• Obtaining licenses and permits: Obtaining the necessary licenses to conduct commercial activity, such as building permits, environmental permits, and others as needed.
• Opening a bank account: Opening a bank account in the name of the company to manage financial and commercial transactions.
• Registration in social security and health insurance: Registration with the competent authorities to guarantee employees’ rights and social obligations.
• Visas and Residences: Arranging work visas and residency for founders and foreign employees if necessary.
• Completion of customs procedures, if necessary: ​​Completion of customs procedures to benefit from the customs facilities available in the free zone.

Establishing a company in the Dubai Free Zone requires thoughtful steps and careful organization to ensure compliance with local laws and take full advantage of the available investment advantages.

Tax and customs concessions available in the free zone

Tax and customs concessions available in the free zone

Dubai’s free zones are characterized by a distinguished strategic location and a favorable investment environment that attracts companies from all over the world. These areas offer a range of tax and customs benefits that make them an ideal destination for effectively establishing and expanding businesses. Tax and customs privileges in the free zone:

• Full tax exemptions: Dubai free zones offer full tax exemption on profits for up to 50 years, making it easier for companies to achieve better financial returns and promote sustainable growth.
• Customs facilities: This includes customs facilities such as not imposing customs duties on imports and exports within the free zone, which reduces production costs and increases the international competitiveness of companies.
• Complete freedom of ownership: Free zones allow foreign investors complete freedom of ownership of their companies without the need for a local partner, which increases the attractiveness of the region as a destination for foreign direct investment.
• Ease of bureaucratic procedures: Free zones enjoy easy and streamlined government procedures for licensing and registration, which reduces bureaucracy and speeds up the establishment and operation of companies.
• Advanced infrastructure: The free zones in Dubai are distinguished by an advanced infrastructure that includes modern transportation facilities, communications services, and financial services, which contributes to improving the efficiency of operations and increasing productivity.

These privileges make the free zones in Dubai a strong attraction for investors who want to benefit from a distinctive investment environment that supports growth and expansion in local and international markets with high efficiency and low costs. These zones provide a group of tax and customs privileges that make them an ideal destination for establishing and expanding businesses effectively.

Learn about the free zones in Dubai

As we conclude this overview of the free zones in Dubai in cooperation with Itqan Company, we find that these zones represent a living model of sustainable economic development and innovation in the Middle East. Dubai is an ideal gateway for companies wishing to grow and expand, and offers the unique opportunity to benefit from investment facilities and innovative foreign investment attraction strategies.

Dubai’s free zones are distinguished by their advanced infrastructure, flexible legal legislation, and continuous government support, creating an environment that encourages business and innovation. By providing tax and customs exemptions, and ease of doing business, Dubai’s free zones enhance its attractiveness as a global center for trade and investment.

Itqan Company, with its deep experience in the field of business management and strategic consulting, offers a true investment partnership for investors wishing to benefit from the opportunities of free zones in Dubai. The specialized services and professional consulting provided by Itqan Company are a crucial step towards achieving success and growth in this diverse and evolving economic environment.

With this, we stress the importance of taking advantage of the investment opportunities available in the free zones in Dubai in cooperation with Itqan Company, which contributes significantly to strengthening Dubai’s position as a leading global center for business and trade.

Frequently asked questions about free zones in Dubai