Steps to establish a company in the Jebel Ali Free Zone. In establishing a company in a free zone in cooperation with Itqan Company, the UAE opens wide doors for investors who seek to benefit from an advanced economic environment and flexible legislation. The Freedom Zones in the UAE are an ideal haven for new and expanding companies, as they provide great facilities in terms of taxes and legislation, which helps achieve growth and sustainability. By using the expertise of Itqan Company, investors can overcome the challenges they may face during the establishment process, from choosing the appropriate type of company to obtaining the necessary licenses and compliance with local laws.

Partnering with Itqan ensures access to the support necessary to develop a successful strategy, including guidance on managing government relations and obtaining support in legal and financial matters. Itqan also provides the appropriate environment for companies to achieve their business goals efficiently and effectively, making the UAE a preferred destination for investors looking for growth and stability in the Middle East region and the entire world.

The UAE Free Zone represents an ideal destination for establishing companies, as it provides an advanced investment environment and modern facilities that attract investors from all over the world. In cooperation with Itqan Company, investors can benefit from the experience and support provided by the company in facilitating the process of establishing companies in this strategic region. The partnership with Itqan includes providing specialized consultations that include choosing the appropriate legal structure, establishing a company in the Jebel Ali Free Zone, registration procedures and obtaining the necessary licenses, in addition to guidance on legal and regulatory controls. Itqan Company works to simplify administrative procedures and provide support at every step of the process, which helps create a work environment conducive to success and prosperity in the free zone, and achieve business goals efficiently and in the best possible ways.

Steps to establish a company in Jebel Ali Free Zone

Basic steps to establish a company in a free zone

Establishing a company in a free zone in the UAE is considered an important strategic step for investors who seek to benefit from the advanced economic environment and available government facilities. The Freedom Zones in the Emirates are characterized by easy procedures and flexible legislation that help speed up the establishment process and provide support to companies in various economic fields. Basic steps to establish a company in a free zone:

• Choosing the type of company: You must first determine the appropriate type of company for your business, whether it is a limited liability company, an individual company, or a joint stock company.
• Choosing and confirming the company name: You must choose a unique name for the company and ensure its availability and ability to register in the chosen free zone.
• Submitting the required documents: This includes submitting the personal documents of shareholders and managers, in addition to the application form and any other documents required by the responsible party in the free zone.
• Obtaining a Business License: This requires applying for the appropriate business license for your chosen business.
• Company incorporation and final registration: After meeting all conditions and ensuring compliance with local laws, the company is officially established and registered in the company registries in the free zone.
• Opening a bank account and starting work: The last step includes opening a bank account for the company and starting actual work in the free zone.

The steps vary slightly between different freedom zones, but the basic procedures remain similar, requiring interaction with responsible authorities and consultation with experts to ensure the process runs smoothly and effectively.

Types of companies that can be established in a free zone

Establishing a company in a free zone in the UAE provides multiple opportunities for investors from all over the world to benefit from the tax facilities and flexible legislation provided by this advanced economic environment. The Freedom Zones in the UAE are very popular among businessmen and companies thanks to the developed infrastructure and strong government support. Types of companies that can be established in a free zone:

• Limited Liability Company (LLC): The LLC is the most common type of company, where shareholders have legal protection over their personal assets and their liability is limited to the extent of the investments they have made in the company.
• Sole Proprietorship: Also known as a “single business registration,” where the business owner is the sole person responsible for all aspects of the business and there is no legal distinction between him and the company.
• Joint stock company: characterized by shareholders sharing profits and losses according to their shares in the capital invested in the company, with limited liability for shareholders.
• Group Company: Allows a group of national or international companies to collaborate together to form a new company in a free zone, which enhances strategic cooperation and enhances available capabilities and resources.
• Subsidiary company: A subsidiary company is one of the companies affiliated with a parent company that operates in a free zone under a license from the competent authorities, which facilitates the international expansion and growth operations of major companies.

The needs and goals of each company are different, and in cooperation with experts in the field of consulting such as Itqan Company, investors can choose the appropriate legal structure that suits their strategies and ensures compliance with local laws and regulations in the best possible way.

Tax benefits and financial legislation available to companies

Tax benefits and financial legislation available to companies

The Freedom Zones in the UAE are a major hub for international and local investments, as they provide an advanced economic environment with flexible financial legislation and attractive tax facilities that make them an ideal destination for establishing companies and expanding business. Collaboration with Itqan, the leading consulting firm in the UAE, enhances the chances of success and compliance with local laws, which contributes to achieving the growth and sustainability goals of new and expanding companies. Tax benefits and financial legislation for companies:

• Exemption from income taxes: Freedom zones in the UAE provide full or partial exemption from income taxes for companies for a specified period, which helps achieve higher profitability in the early stages of growth.
• Not imposing fees on financial transfers: Investors in the Freedom Zones in the Emirates enjoy facilities in financial transfers, as high fees are not imposed on the international transfer of funds.
• Exemption from taxes on real estate and assets: The UAE Freedom Zones provide a legislative environment that exempts companies from taxes on real estate and fixed assets, which reduces business costs and increases financial management flexibility.
• Flexibility in ownership and incorporation laws: It gives companies access to flexible ownership laws, facilitating incorporation and international expansion without the need for additional costs or complex procedures.
• Government support and advanced infrastructure: The UAE provides advanced infrastructure and comprehensive government support, which supports companies in making the most of the local and regional business environment.

In short, the Freedom Zones in the UAE provide distinct opportunities for companies to achieve growth and prosperity thanks to significant tax benefits and flexible financial legislation, and this makes them an ideal choice for investors looking for a favorable investment environment that supports innovation and economic expansion.

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

Establishing a company in the free zone in cooperation with Itqan Company represents an important strategic step for investors seeking to benefit from the facilities and unique investment opportunities offered by this advanced economic environment. By partnering with Itqan, companies can benefit from specialized support in the field of company establishment and business management, ensuring the provision of integrated services that fully meet their needs.

The partnership also means access to a wide network of experts and consultants who possess deep knowledge of the local market and legal legislation, which helps to overcome challenges and reduce risks that new companies may face. Thanks to precise guidance and extensive experience, investors can trust that their operations will be conducted efficiently and within a legal framework compatible with international standards.

In conclusion, establishing companies in the free zone in cooperation with Itqan Company is a strategic step that guarantees investors access to a stimulating business environment that helps them achieve success and sustainable growth. Providing continuous support and specialized consultations contributes to building strong and growing companies, which strengthens the UAE’s position as a leading destination for global investments.

Frequently asked questions about establishing a company in the free zone