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Set Up a Business in UAE Free Zone

With more than 22 years of experience in this field, we offer a one-stop-shop solution for all incorporation, licensing, and other related services.

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UAE Free Zone Companies

There are around 40 Free Zones operating in the UAE, with more under construction. Each Free Zone is designed around one or more commercial categories and only offers licenses to companies within those categories.

The main attraction of establishing an entity in one of the UAE’s Free Zones is that there are no foreign ownership restrictions and companies are governed by an independent Free Zone Authority (FZA), which is responsible for issuing operating licenses and regulating the activities of companies within the Free Zone.

The UAE is now a major business hub and ideal for setting up a business or a representative office, there are now over 40 different “Free Trade Zones” in the UAE so identifying the best Free Zone through which to conduct business in the region can be a tedious task. It is also a common misconception that a Free Zone Company is an offshore company, however, in spite of their similarities; they do also have very differing characteristics.

Benefits of Registering a Company in a Free Zone: 

  • 100% Foreign Ownership is allowed 
  • 100% Repatriation of capital and profits
  • 100% Exemption from Corporate, Personal and Income Taxes 
  • Efficient communication procedures and single-window administration
  • Flexibility to operate 24/7
  • Freehold offices available for lease
  • No restriction on hiring expatriate 
  • There is no minimum capital requirements for the formation 
  • There is no need for UAE National Partner/ Service Agent in the License

UAE Freezones

The nature of the business activity that you intend to carry out will have a big influence on selecting the Free Zone to meet your requirements. The principal Free Zones and their license activities include:

Dubai Multi Commodities Centre (DMCC) – Commodities Trade and Exchanges.

Jebel Ali Free Zone (JAFZA) – Trading, General Trading, Service, Logistics and Industrial.

Dubai International Financial Centre (DIFC) – Banking, Financial Services and Legal.

Dubai World Central (DWC) – Aviation, Logistics, Light industry, and Ancillary Services.

Dubai Knowledge Park (DKP) – Human Resources Management, Training, and Personal Development.

Dubai Internet City (DIC) – Internet and Communications Technology.

Dubai Media City (DMC) – Media related activities.

Dubai Silicon Oasis (DSO) – Information Technology, Telecom, Electronic, and Engineering

Dubai Healthcare City (DHCC) – Healthcare, Medical Education and Research, Pharmaceuticals and Medical Equipment.

Rask Al-Kaihma (RAK) – Trading, General trading, Service, Industrial and Educational.

Fujairah Creative City (FCC) – Media, Consulting, Communications, Design, and Technology.

Requirements to set up your business in UAE Free Zone

Investors can either register a new company in the form of a Free Zone Establishment (FZE) or a Free Zone Company (FZC) – an FZE has one shareholder and an FZC has two or more – or simply establish a branch or representative office of their existing or parent company based within the UAE or abroad. An FZE or FZC is a limited liability company governed by the rules and regulations of the Free Zone in which it is established. The provisions of the UAE Commercial Companies Law (CCL) do not apply.

In order to begin the process of setting up a Free Zone Company, we will require the following documentation and due diligence from all shareholders/directors of the proposed new company:

  • Certified Passport Copy and UAE Visa/UAE entry stamp (if non-resident)
  • 2 x Proofs of Address (dated within 3 months)
  • Bank or Professional Reference Letter
  • Curriculum Vitae (summary of professional history)

Book a consultation with one of our Business Experts

Call: 04 591 6067

Why Parker Russel UAE?

Parker Russell UAE is one of UAE’s largest and most trusted business setup advisory firms. Parker Russell’s registration professionals have helped over 10,000 aspiring entrepreneurs and SMEs grow their businesses in the UAE since its inception in 1998.

Parker Russell UAE was created with a simple yet revolutionary model for the UAE marketplace; to serve as a one-stop shop, from company registration with flexible payment plans to offering value-added services to help SMEs sustain and grow their businesses.

What our Clients say?

Parker Russell UAE has provided a smooth transaction for our company formation here in UAE. Their staffs are very knowledgeable, professional and experienced so we get quality work at a reasonable cost. 

Ms. Kenny

Owner

Other Business Set up Services: 

 

Business Set Up in Mainland Dubai
E-Commerce License in UAE
Business Set Up in Free Zone
Freelance License in UAE

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