Explore boundless opportunities with NEXTIER Business Solutions's Freezone company formation in Dubai, UAE !
When individuals and institutions weigh the options for UAE free zone company formation, one aspect firmly tilts the balance in favor – free zones.
Freezone areas are those designated business zones where corporate and personal income taxes are scaled down to 0%. Choosing a free zone can depend on many factors: the nature and type of business, the size, flexibility and availability of office space, location, and pricing.
Obtaining a business license for Dubai freezone company setup is easier and faster than offshore and mainland, given you have the right set of guidance from experts. The decision to set up business in the UAE free zone totally depends on the type of business you’re looking to form.
Be future ready with expert guidance and business tips from the best business consultancy firm NEXTIER Business Solutions
The UAE was the first country in the Middle East to establish the concept of the free zone in 1985, with the launch of Jebel Ali Free Zone Authority (JAFZA). Although it was a small operation catering only to a handful of companies, it became the first free zone in the world to be awarded ISO certification within 10 years.
The JAFZA success story became the foundation for several free zones across the country, each offering strategic benefits and business advantages. These free zones are collectively home to many thousands of individuals and institutions who have been successful at new business set up in UAE.
Today, there are roughly 50 free zones in the country catering to specialised sectors including but not limited to: trade, industry, energy and renewable energy, exports and re-exports, media and media communications, metals and commodities, finance, healthcare, and Information and Communications Technology (ICT).
Incorporating the principles and international best practices of free trade, free zones help stimulate trade and investment, and facilitate the transfer of skills, knowledge and technology. A unique offering is the easy access to more than 2 billion consumers in multiple markets located within a 4 hour flight.
The staggering number of international firms located at the UAE’s free zones are proof of this.
Those who are interested in Business setup services in Dubai UAE Free Zone stand to benefit in many ways, anywhere in the country.
For instance, when Sharjah Airport International Free Zone (SAIF) saw that the prospect of lengthy, bureaucratic procedures was daunting to potential investors, the authorities launched a 24-hour licensing service which enables new entrants to set up a business in the UAE almost instantly. Also in Sharjah, the Hamriyah Free Zone Authority (HFZA) offers huge industrial and commercial plots running into several thousand square feet, and infrastructure specifically designed to facilitate import and re-export.
In the capital, Khalifa Industrial Zone Abu Dhabi (KIZAD), a subsidiary of Abu Dhabi Ports, recently announced a UAE free zone business set-up cost to support entrepreneurs, costing an extremely affordable USD 2,500.
Low Cost Business set up in Dubai’s free zones is simple, easy and quick.
The basic premise of a free zone is that it makes it much easier for businesses to conduct business. Setting up new business in UAE or getting a trade license can sound like a long and complicated process, but it is not. Paperwork is simplified, efforts are minimised, and everything is designed to attract international investors and help them build up their business.
The wide and varied choice of free zones comes with 100% foreign ownership, with no requirements for local sponsors or service agents. Business owners can also enjoy 100% repatriation of revenues and profits, and 100% transfer of funds.
More importantly, there is a time-bound waiver of all corporate taxes as well as import and export taxes, and an exemption from all personal taxes.
Many of the larger free zones have their own laws and courts based on both English and common law, sitting alongside the country’s mainland business environment which has also modernised in recent years.
For foreigners and resident expatriates with an interest in setting up a business in the UAE (either a small office or full-scale operations), a free zone is the surest route to success.
UAE free zone business setup is easier, simpler, and faster. Documentation is simplified, and recruitment and workforce processes are faster and cheaper than onshore options. Most free zone authorities also extend support for ancillary services such as legal, medical, labour, and immigration processes.
Options in space, style, tenure, and budget are almost unlimited – from individual freelance permits to international branch office licences, and from shared desk space on a 1-year contract to industrial warehouse leasing for up to 25 years.
With many years of experience and many hundreds of satisfied clients on our roster, our teams continue to offer personalised and professional service.
We cater to both, residents and international investors who are interested in UAE free zone company formation.
We can help you identify the right specialty and choose the best free zone location. We help you create compelling value propositions. We process all the documentation and paperwork while complying with regulations. We will even fulfil unusual requests.
If you are looking for UAE Free Zone company set up, we are happy to serve you – and deliver high levels of satisfaction.
Discover the opportunity to start your Dubai free zone company setup with our expert assistance. Whether you prefer the flexibility of a Free Zone, the advantages of Mainland, or the privacy of an Offshore setup, we have the knowledge and resources to support you every step of the way.
Obtain the authorization needed to provide professional services within the Freezone. Benefit from a streamlined process and expand your expertise.
Secure the privilege to trade and conduct commercial activities within the Freezone. Experience ease of operations and tap into new markets.
Attain the permit to establish industrial operations within the Freezone. Explore growth opportunities and optimize production processes.
Discovery the potential of Dubai’s Free Zones, Mainland, and Offshore regions with our expert guidance in starting and expanding your Dubai free zone business setup.
A Dubai Freezone is a designated geographic area within the city where foreign investors can set up and operate their businesses with various incentives such as 100% foreign ownership, tax exemptions, and simplified regulations. It provides an attractive environment for international companies to establish their presence in Dubai and access the regional markets.
In most Dubai Freezones, foreign investors can enjoy 100% ownership of their businesses, without the need for a local partner or sponsor. This liberal ownership structure is a key advantage that attracts international entrepreneurs to establish their businesses in these zones.
While businesses in Dubai Freezones are primarily set up to cater to international markets, they can engage in limited trading within the UAE market through distributors, wholesalers, or local agents. However, direct selling to the local market may require additional approvals and compliance with local regulations.
Dubai free zone business setup have certain ongoing obligations, including:
Please note that specifics may vary depending on the chosen Freezone and the nature of your Dubai free zone company setup. It’s advisable to consult with experts like NEXTIER Business Solutions for accurate and up-to-date information tailored to your situation.
Founder
Thanks to the expertise and dedication of the team at NEXTIER Business Solutions, our journey to establishing a successful enterprise was smooth sailing. Their guidance and support were instrumental in turning our vision into a thriving reality.
CEO & Founder
Choosing NEXTIER Business Solutions was one of the best decisions we made for our venture. Their professionalism, efficiency, and personalized approach made the entire process effortless, allowing us to focus on building our business with confidence.
Co-Founder
Working with NEXTIER Business Solutions was a game-changer for us. Their proactive approach, attention to detail, and commitment to customer satisfaction exceeded our expectations. Thanks to their support, we are now on the path to success.
Project Manager
NEXTIER Business Solutions provided unparalleled assistance in setting up our business. Their knowledgeable team guided us through every step, ensuring compliance and efficiency, ultimately leading to a seamless launch. Highly recommended!
We're always on the same page with Government Agencies, working together to get the job done!
A Freezone license in Dubai allows companies to operate within a designated economic zone, offering benefits like 100% foreign ownership, tax exemptions, and simplified import/export procedures.
This depends on your needs, as well as the needs of your business. You could set up your company as a Sole Establishment (this is the same as a Sole Proprietorship), as a Limited Liability Partnership, a Limited Liability Company, a Private Limited Company, or a Professional Services Company. You also have the option of setting up your company on the mainland, in a free zone (only limited liability company structures are permitted here), or offshore.
Enterprises operating in the UAE Freezones that trade in tangible items are only permitted to do so worldwide and with other Freezone businesses, or they must partner with a third-party distributor (local service agent) to conduct business with the mainland.
Enterprises operating in the UAE Freezones that trade in tangible items are only permitted to do so worldwide and with other Freezone businesses, or they must partner with a third-party distributor (local service agent) to conduct business with the mainland.
A Freezone license in Dubai allows companies to operate within a designated economic zone, offering benefits like 100% foreign ownership, tax exemptions, and simplified import/export procedures.
NEXTIER Business Solutions offers comprehensive services, guiding you through the entire process of obtaining a Freezone license in Dubai, from initial consultation to paperwork submission and license issuance.
Freezone licenses offer advantages like full foreign ownership, no personal or corporate taxes, 100% repatriation of capital and profits, and streamlined administrative processes.
Most Freezones require a physical office space. NEXTIER Business Solutions can help you find suitable office options that meet the Freezone’s requirements.
The timeframe varies depending on the chosen free zone and the type of license. However, the process can usually be completed within a few weeks to a couple of months.
Our world-class accounting solutions are more affordable and easier than you think.
We are approved auditors that can be counted on for all your audit requirements.
We help set up your company the right way so it can be scaled up or down with ease.
NEXTIER Business Solutions is an expert in establishing new enterprises, offering investment guidance, and facilitating the transition of current business structures into fresh entities. With extensive experience in assisting clients with conducting business in the UAE, we prioritize your needs and endeavors.
