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Free Zone License in UAE
Considering a Free Zone License for your new company in the UAE? Here’s a detailed look at what it entails, why you might opt for it, and why uSquare is the ideal partner to facilitate this type of license:
Free Zone License in UAE:
Empowering Your Business
A Free Zone License provides businesses with the opportunity to operate within designated free zones, offering advantages such as 100% foreign ownership, tax exemptions, and simplified company setup processes. Each free zone caters to specific industries, fostering a business-friendly environment. These zones are designed to attract foreign investment, fostering economic growth and international business.
Free Zone Services in
Why Opt for a Free Zone License:
100% Foreign Ownership
Enjoy full ownership of your company, a distinctive feature in Free Zones that encourages foreign investment.
Tax Benefits
Benefit from tax exemptions, including no personal income tax and no import or export duties.
Fast and Simplified Setup
Experience a streamlined setup process with minimal paperwork, allowing you to launch your business quickly.
Full Repatriation of Profits
Repatriate 100% of your profits and capital, enhancing financial flexibility.
Strategic Locations
Free Zones are strategically located near ports and airports, facilitating international trade and logistics.
Specialized Facilities
Access to state-of-the-art infrastructure, business centers, and facilities tailored to specific industries.
Customized Business Activities
Choose from a variety of free zones, each designed to cater to specific industries. This allows you to align your business activities with the advantages offered by the selected free zone.
Access to Global Markets
Leverage the strategic locations of free zones to enhance your business's connectivity to global markets.
Why People Love Us
SERVICES
Why Choose uSquare for Your Free Zone License:
01.
Expert Guidance
With over 35 years of expertise, uSquare provides in-depth knowledge and guidance to navigate the nuances of Free Zone business setup.
02.
Tailored Solutions
Our team collaborates with you to understand your business goals, tailoring solutions that align with your unique requirements.
03.
Efficiency and Timeliness
Experience efficient and timely processing of your Free Zone License, ensuring a swift start to your business operations.
04.
Transparent Processes
We prioritize transparency in our processes, keeping you informed at every stage of the setup journey.
05.
Strategic Partnerships
Benefit from uSquare's strategic partnerships across various free zones, optimizing the setup process for your business.
06.
Comprehensive Support
From initial consultations to the issuance of your Free Zone License, uSquare provides comprehensive support to ensure a smooth and successful company setup.
Steps for Free zone License in the UAE:
Obtaining a Free Zone License in the UAE involves specific steps and requires the submission of various documents. Here is a generalized outline along with a checklist to guide you through the process. Keep in mind that procedures might vary slightly depending on the specific free zone. It's recommended to consult with the relevant free zone authority or a business setup service for the most accurate and up-to-date information.
Step 1
Choose a Free Zone
Research and select the most suitable free zone based on your business activities and requirements.
Step 1
Step 2
Select Business Activities
Clearly define the business activities you intend to undertake within the free zone.
Step 2
Sep 3
Choose Company Name
Reserve a unique trade name for your company through the free zone authority.
Sep 3
Step 4
Submit Application
Complete and submit the application form provided by the chosen free zone.
Step 4
Step 5
Legal Structure
Specify the legal structure of your company (e.g., Free Zone Establishment, Free Zone Company, etc.).
Step 5
Step 6
Shareholder and Manager Details
Provide details of shareholders and the appointed manager, including passport copies and relevant personal information.
Step 6
Step 7
Office Space
Select and lease office space within the free zone. Some free zones offer flexi-desk options for cost-effectiveness.
Step 7
Step 8
Memorandum of Association (MOA)
Draft and notarize the Memorandum of Association outlining the company's structure, activities, and shareholder details
Step 8
Step 9
Submit Documents
Prepare and submit all required documents, including the application form, MOA, passport copies, and other relevant paperwork.
Step 9
Step 10
Payment of Fees
Pay the necessary fees for license issuance, visa processing, and office space.
Step 10
Step 11
Issuance of License
Upon approval, the free zone authority will issue your Free Zone License.
Step 11
Step 12
Visa Processing
Apply for and process visas for shareholders and employees (if applicable).
Step 12
UAE Free zones
Here is a list of some prominent free zones in the UAE, categorized by emirate:
These are just a few examples, and there are many more free zones across the UAE, each catering to specific industries and business activities. It’s important to choose a free zone based on your business requirements and objectives. Additionally, regulations and offerings may change, so it’s advisable to check with the uSquare advisors and respective free zone authorities for the latest information.
- Dubai Multi Commodities Centre (DMCC):
– Location: Dubai
– Key Industries: Commodities, trading, and logistics.
- Jebel Ali Free Zone (JAFZA):
– Location: Dubai
– Key Industries: Manufacturing, trading, and logistics.
- Dubai Airport Free Zone (DAFZA):
– Location: Dubai
– Key Industries: Aviation, logistics, and information technology.
- Dubai Silicon Oasis (DSO):
– Location: Dubai
– Key Industries: Technology, electronics, and research.
- Dubai Internet City (DIC):
– Location: Dubai
– Key Industries: Information technology and media.
- Dubai Media City (DMC):
– Location: Dubai
– Key Industries: Media and communications.
- Abu Dhabi Global Market (ADGM):
– Location: Abu Dhabi
– Key Industries: Finance and professional services.
- Khalifa Industrial Zone Abu Dhabi (KIZAD):
– Location: Abu Dhabi
– Key Industries: Industrial and manufacturing.
- Sharjah Airport International Free Zone (SAIF Zone):
– Location: Sharjah
– Key Industries: Trading, manufacturing, and logistics.
- Hamriyah Free Zone Authority (HFZA):
– Location: Sharjah
– Key Industries: Manufacturing, trading, and logistics.
- Ras Al Khaimah Economic Zone (RAKEZ):
– Location: Ras Al Khaimah
– Key Industries: Industrial, trading, and services.
- Ras Al Khaimah Free Trade Zone (RAK FTZ):
– Location: Ras Al Khaimah
– Key Industries: Trading, manufacturing, and consultancy.
- Fujairah Free Zone (FFZ):
– Location: Fujairah
– Key Industries: Trading, manufacturing, and logistics.
Checklist for Free Zone License Application
- Completed Application Form
- Passport Copies of Shareholders
- Passport Copy of Appointed Manager
- Memorandum of Association (MOA)
- Notarized MOA
- Office Lease Agreement
- Trade Name Reservation Certificate
- Application Fees Payment Receipt
- License Issuance Fees Payment Receipt
- Visa Application Forms (if applicable)
- Visa Processing Fees Payment Receipt (if applicable)
Ensure to check with the uSQUARE advisors and specific free zone authority for any additional requirements or changes in the application process. Engaging with a business setup service can streamline the process and provide valuable assistance throughout the setup journey.
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