Complete Guide to Setting Up a Free Zone Company in Dubai

Introduction

Dubai's free zones offer entrepreneurs 100% foreign ownership, zero corporate tax, and streamlined business setup. With over 30 free zones catering to different industries, choosing the right one is crucial for your success.

What is a Free Zone?

A free zone is a designated area where businesses can operate with special regulations and incentives. These zones are designed to attract foreign investment by offering benefits not available on the mainland.

Key Benefits of Free Zone Companies

• 100% Foreign Ownership: Unlike mainland companies, free zone entities can be fully owned by foreign nationals.
• 0% Corporate Tax: Most free zones offer tax exemptions on corporate profits for qualifying activities.
• 0% Personal Income Tax: No tax on salaries or personal income.
• Full Repatriation: Transfer 100% of your profits and capital back home.
• No Currency Restrictions: Operate in any currency without limitations.

Popular Free Zones

DMCC (Dubai Multi Commodities Centre)

Ideal for trading companies, DMCC is the world's leading free zone and offers excellent facilities in JLT.

Dubai Internet City

Perfect for tech companies, startups, and IT service providers.

Dubai Media City

Home to media, marketing, and creative businesses.

DIFC (Dubai International Financial Centre)

The region's leading financial hub with its own legal framework based on English common law.

Setup Process

1. Choose Your Free Zone: Based on your business activity and requirements.
2. Select License Type: Trading, Service, or Industrial license.
3. Reserve Trade Name: Submit your preferred company name for approval.
4. Submit Documents: Passport copies, business plan, and application forms.
5. Sign Agreement: Sign the lease and license agreements.
6. Receive License: Your trade license is issued within days.

Typical Costs

Free zone setup costs vary but typically range from AED 15,000 to AED 50,000 annually, depending on the zone and license type. This includes the trade license, visa allocation, and basic office space.

Get Started Today

Setting up in a Dubai free zone is straightforward with the right guidance. ARK Consulting has helped hundreds of entrepreneurs establish their businesses in Dubai. Contact us for a free consultation.