About Us
Free Zone
What is meant by the Free Zone or Free Trade Zone in UAE?
Free Zones or Free Trade Zones are economic areas which were established within the UAE region to promote international business. Here, a business owner gets 100% company ownership and can trade goods and services at privileged tax and custom rates. Companies in each free zone can trade only within the same freezone and nowhere else in UAE.
How much time does it take to register a Mainland company in the UAE?
Time required to register a Mainland company in UAE depends on the business activity an entrepreneur is going to choose. For some business activities, approvals may take longer than usual. But, in an ideal situation, 3-4 days is what it takes to register your Mainland company in the UAE.
How many Free Zones are there in UAE?
There are total of 37 Free Zones in UAE
What are the key advantages of business setup in Dubai Free Zone?
Business setup in Dubai Free Zone has a number of advantages. Some of them are: 100% foreign ownership, 100% repatriation of profits, no import/export duties, no corporate tax, easy company incorporation, world-class infrastructure.
What are the types of business entities you can establish in the UAE Free Zones?
UAE Free Zones allow establishment of following types of business entities: Free Zone Limited Liability Company, Branch of an International Company, Branch of a Company already operational in Dubai, Free Zone establishment- Single Shareholder and 2 to 5 Shareholders.
How to incorporate a trading company in the UAE Free Zone?
To incorporate a trading company in UAE Free Zone, you will have to-
- Select the trading activity from the list of activities available in the Free Zone list
- Book trade name
- Submit an application with shareholder details, shareholder documents (passport, visa copy etc.)
- Rent an office space
- Apply for other clearances or approvals (Customs, Chamber of Commerce, ISO Certifications, etc.)
Can a Free Zone company in UAE do business with the Mainland entities?
Yes, a Free Zone company can do business with the Mainland entities. For the same, Free Zone company is advised to-
- Appoint a local DED (Department of Economic Department) registered agent for sales and distribution
- Open a branch in the Mainland
- Start a LLC Company
- Adhere to UAE customs law as the same will be applied for any trade that happens between the Free Zone company and Mainland entity or vice-versa.
Can a UAE Free Zone company only rent an office within its jurisdiction?
Yes. The Free Zones in the UAE are governed by various jurisdictions and each jurisdiction has different policies and regulations. Hence, company registered under a specific Free Zone can rent office space only in the respective Free Zone.
Is Customs Duty applicable to Free Zone companies?
Free Zone offers 100 % foreign ownership. Hence, it allows 100% repatriation of profits. Free Zone companies are also exempted from all import and export duties and no corporate tax is applicable on them. Only 5% VAT is applicable on all domestic transactions conducted inside UAE by the Free Zone company.
