UAE Free-Zone Company Formation Procedure - PowerPoint PPT Presentation

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UAE Free-Zone Company Formation Procedure


Company Formation is the Procedure of Officially Registering a Limited Company. – PowerPoint PPT presentation

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Title: UAE Free-Zone Company Formation Procedure

UAE Free-Zone Company Formation Procedure
Company Formation is the Procedure of Officially
Registering a Limited Company.
  • Company Formation in UAE
  • Two Types of Models
  • Free-Zone Setup
  • Offshore Setup

Information of Company Formation Free-zone
  • Dubai free zone company formation procedure
    varies from free zone to the free zone. If you
    are reading this article, the chances are that
    you are planning to set up a business in Dubai
    and would like to know more about Dubai Free Zone
    company formation procedure. In this article, we
    will try to describe the general procedure for
    Dubai Free Zone company formation. Though we
    mention Dubai Free Zone for the ease of
    understanding, please note the following
  • The term Dubai Free Zone is used to represent all
    the Free Zones in Dubai.
  • There is no individual entity called the Dubai
    Free Zone
  • Free Zones in UAE, in general, follow similar
    procedures for company formation, with some
    differences between the Free Zones.

General Procedure of Free-Zone Company
  • As for when of any start-up business, we
    assume that you have done your preparations well
    before proceeding with Dubai Free Zone company
    formation procedure. Essential steps of your
    preparation for Dubai Free Zone company formation
    should include the following.
  • Market Research.
  • Confirm your business requirements.
  • Identifying the best site that meets your
    business requirements. Dubai Free Zone Company
    Formation Procedure
  • Evaluating the various Free Zones in UAE.
  • The business plan for your new venture etc.

  • Each Free Trade Zone has its own rules,
    regulations, and procedure. Dubai Free Zone
    company formation procedure varies between Free
    Zones. In general, the procedure to set up a Free
    Trade Zone company in UAE can be summarized in
    the following steps.

Dubai Free Zone Company Formation Procedure
  • 1.     Determine the free zone license
  • 2.     Confirm the activities.
  • 3.     The legal structure of the
  • 4.     Confirm the business facilities
  • 5.     Verify the fees and other
  • 6.     Submit the application form and
    other documents.
  • 7.     Secure the preliminary
  • 8.     Payment of the fees.
  • 9.     Sign the agreements and other
    legal documents.
  • 10. Receive your business license and
    other certificates or documents.

 Determine the Free Zone license type.
  • The very first step in Dubai free zone
    company formation procedure is to decide the
    license type that allows your business activity.
    In general, Free Zones offer the following types
    of business license
  • 1.      Free Zone Trading License.
  • 2.      Free Zone General Trading License.
  • 3.      Free Zone Consultancy / Service License.
  • 4.      Free Zone Industrial License.
  • 5.      Free Zone Commercial License.

Confirm the business activities.
  • Not all Free Zones allow all activities. Some
    Free Zones specializes in certain activities. So
    it is important that you confirm that your
    intended activities are permitted by the Free
    Zone of your choice. Moreover, there are
    restrictions over the number activities allowed.

Determine the legal structure of the company.
  • The legal structure of the company varies
    according to the number and nature of the
    partners involved. Documentation required, costs,
    etc. also change depending on the legal structure
    of the company. Documents required for a
    corporate partner (or a branch entity) would be
    different from those required for an individual

Confirm the business facilities.
  • Do not assume that all Free Zones offer all
    types of business facilities. Though most of the
    Free Zones in UAE offer office space, warehouse,
    etc. availability can be a limiting factor. So
    you need to assess the availability of the
    essential facilities provided by the Free Zone
    before committing to set up the business with

Verify the fees and other charges.
  • This is the most important step in
    FreeZone Company Formation in Dubai procedure.
    Many investors who wish to register their company
    in one of the Free Zones in UAE go for the
    cheapest option available based on the obvious
    costs. They do not understand the hidden charges
    and extra fees to be paid for the services that
    are essential for the survival of their
    businesses. The total cost of your Free Zone
    business can be categorized into two.
  • The first-year cost for Dubai Free Zone company
  • Yearly renewal costs

  • Some Free Zones offer packages that are
    cheaper than the normal company formation costs.
    Investors fall prey to these packages offered by
    certain Free Zones and business consultants
    without realizing that they have to pay the
    package charges every year. The normal yearly
    renewal charges could be cheaper than the cost of
    the packages. Moreover, most of these packages
    include only a business license and not office
    space. This may not be very useful if you are
    serious about your business and investment. On
    the positive side, your efforts to decide the
    real cost of free zone company formation is very
    limited in the case of company formation packages.

Submit the application form and other
documents to the Free Zone.
  • The application form and other legal
    documents are necessary to start the real
    application procedure. Depending on the nature of
    the business (branch /subsidiary, establishment
    /partnership, trading /industrial /services), the
    documents required may vary. In general, you
    would need the following documents.
  • Free Zone application form.
  • Passport copy.
  • Visa copy (if you have an existing UAE visa).
  • Business plan.
  • Bank statements (to prove the capital amount).
  • No objection certificate from the current sponsor
    (for UAE residents).

 Secure the preliminary approvals.
  • Currently, some Free Zones in UAE may demand
    prior approvals from other regulatory departments
    to start the free zone company formation process.
    These approvals could be from.
  • Immigration Department Some Free Zones process
    this request for the clients some require the
    client to process it by themselves where some
    Free Zones do not need this approval at all.
    Though it helps to make sure that your visa
    application would not face any major issues after
    the company formation, it would delay the entire
    process by a few weeks.
  • Environment Department For certain activities,
    especially industrial activities, clearance
    certificate from the Environment Department is
  • Ministries of Health Some Free Zones demand a
    certificate from the Department of Health to
    carry out activities related to pharmaceuticals,
    food products etc.

  • Now you are ready to make the payments. With
    some Free Zones, you have the option of making
    the payments in installments, however, pay
    attention to the total cost in this case could be
    higher than the normal charges with a minimum of
    10 and up to 50.

Sign the agreements and other legal documents
  • After you make the payments, the concerned Free
    Zone authority would prepare the relevant legal
    documents and you would be asked to sign them in
    the presence of an executive/official of the Free

Receive your Free Zone Business License and
other documents
  • Here you are! It is time to receive your
    Free Zone Business License. Along with the
    business license, some Free Zones give associated
    documents such as share certificates, certificate
    of incorporation, etc. Deciding on the best free
    trade zone in UAE for your business requirements
    depends on many factors. So it is important that
    you spend quality time on evaluating the options
    available for your business requirements. For
    certain business activities, it would be ideal to
    form a business outside the Free Trade Zone
    (mainland / local business).

Jitendra Consulting Group
  • If you can start the business, then Jitendra
    Consulting Group is the one of the best company
    in Dubai Free Zone Company Formation. this
    company is 10 years old company and Our Expert
    team has vast experience in Free Zone Company
    Formation in Dubai, we  make your process easy
    and hassle free.

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