How To Set Up A Business In Dubai Free Zone

Are you looking forward to setting up a new business venture? Heard of the Dubai Free Zone? When you set up business in Dubai Free Zone, it allows you to get full ownership of your business while also providing the benefits of lucrative tax exemptions at the same time. You can start business in Dubai as a foreigner or a local and avail full benefits of the Dubai free zone for taking your business to new levels.

While there are several benefits of doing business in the Dubai free zone, it is also imperative for you to know about the business setup in Dubai free zone. Here are ways to set up your business here:

Determining the Legal Entity Type: Depending on your business requirements, it is recommended to determine the type of legal entity that your business will be taking up. In the Dubai free zone, you are allowed to set up any one of the two business companies including:

1.FZ LLC (Free Zone Limited Liability Company) or FZ Co. (Free Zone Company)

2.FZE (Free Zone Establishment)

Choose a Proper Trade Name: Once you have decided the type of legal entity for your business in the free zone, you should go forward with selecting a proper trade name for your business. In typical cases, you can check out the trade name either with the respective authority of the free zone or with the respective Department of Economic Development with respect to the permitted trade names. You must also check whether or not the given trade name has already been registered.

Apply for the Business License: The specific type of business license that you will be applying for would depend on the primary activities of your business. Some of the common types of business activities that you can consider conducting in the Dubai Free Zones are content production, advertising, film production, graphic design, animation, gaming development, and so more.

Choose the Desired Office Space: You can consider either buying or leasing the office space when it comes to starting a business in the Dubai Free Zone. Some of the specific office requirements for your business would depend on the total number of employees in your organization and type of business activity that you are conducting. You can come across a myriad of office space options –ranging from small rooms to a complete office suite for conducting your business luxuriously.

Register Your Business: The companies operating in the Dubai free zones are governed by the rules & regulations of the respective free zones. Therefore, you must look forward to registering your business in the given free zone for the overall ease of operations.

Resources Link: https://time-motion.ae/how-to-set-up-a-business-in-dubai-free-zone/

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