What is the Procedure for Business Setup in Dubai-Free Zones? https://www.dubaibusinesssetup.ae/free-zone-company-setup/ - PowerPoint PPT Presentation

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What is the Procedure for Business Setup in Dubai-Free Zones? https://www.dubaibusinesssetup.ae/free-zone-company-setup/

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It's a terrific idea to do business setup in Dubai. The first and most important step in company formation in UAE is to choose a business type. The next stage in the Dubai Freezone business setup is to fill out an application for a licence. In the UAE free zones, there are a variety of permits that you may apply for. – PowerPoint PPT presentation

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Title: What is the Procedure for Business Setup in Dubai-Free Zones? https://www.dubaibusinesssetup.ae/free-zone-company-setup/


1
What is The Procedure for Business Setup in
Dubai-Free Zones?
2
Choose A Business Type/Activity
  • The very first and prior step in company
    formation in UAE is to decide the type of
    business.
  • After you are done deciding the kind of business
    you want, you can move further.
  • You can now register your company officially or
    begin the process.
  • Your business type or activity will also define
    the type of license youd want.
  • A free zone can allow different types of tasks
    under one license.
  • In these times, it is best to seek a consultants
    help for the best advice.

3
Search For An Apt Free Zone For Your Business
  • After you are done choosing your business type,
    the next step is to choose the apt free zone for
    the business.
  • You can always go for a sector-specific free zone
    like healthcare, production, design, etc.
  • But there can also be wider free zone options to
    choose from.
  • These zones can let you operate over wider
    niches.
  • For example- South Dubai, DMCC.
  • Carefully choose the location of the Freezone
    company setup in Dubai.
  • Proximity to transportation hubs can be of great
    help.

4
A Name That Attracts People To The
Company/Business
  • In the process of setting up a company in the
    UAE, the decision of name can also be a very
    important step. It is going to be your trademark
    and will decide the number of people you attract.
  • A lot of factors are to be taken care of when one
    is naming a business in Dubai free zone.
  • The name should not be controversial or provoke
    people negatively.
  • A company name should be impressive, classy as
    well as attractive.
  • Then, the next step is to check if the name is
    not already registered.
  • Again, you can hire a consultant in UAE for the
    process.

5
Filling In The License Application For The Trade
  • Filling in the application form for a license is
    the next step to set up business in Dubai
    Freezone. There are different types of licenses
    you can apply for, in UAE free zones. The
    procedures will also be different. You shall
    require the following documents for the freezone
    license application
  • Shareholders and your passport, visa
  • A detailed business plan in writing
  • Memo and association articles
  • Resolution of board
  • Income/Invoices proof/ work orders

6
Application For Visa
  • You should apply for not just your but your
    employees and shareholders visas. The process
    for Visa application is as follows
  • Entry permit
  • Status Adjustment
  • Medical Fitness certificate
  • Emirates ID registration
  • Visa stamping
  •  

7
Initiate A Corporate Bank Account
  • A business or corporate account is mandatory for
    starting a business in Dubai free zone.
  • A corporate account in UAE is not a simple
    process though.
  • Following documents are required for freezone
    corporate account opening
  • Account Opening form
  • Board Of Directors consent and resolution for
    account opening
  • Companys incorporation certificate
  • Shareholders share certificates
  • Passports and Visas copies

8
https//www.dubaibusinesssetup.ae/
  • Thank You

contact_at_dubaibusinesssetup.ae
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