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Free Zone Company Registration in UAE

Free Zones in UAE – A Perfect Launchpad for New Business Establishments

The Free Zones in the UAE are one of the major driving factors for foreign investment in the region. The 40 plus Free Trade Zones in UAE offer various cost-effective Company setup packages for foreign investors.

What is a Free Zone?

A Free Zone is an entity formulated by the UAE Government to register companies. Free Zones are aimed at promoting free trade across nations and 100% business ownership for foreign investors.

Free Zones enable foreign nationals to register a company in UAE without the requirement of a UAE National Partner. It acts as a perfect platform for launching a business establishment for foreign ex-pats and obtain a UAE residence visa under the newly registered company in UAE.

What are the Key Benefits of the Free Zone Company Formation?

  • 100% Foreign Ownership and 100% Profit Repatriation
  • Zero Taxation on Income and Profits in the UAE
  • No Customs Duty on Imports to the Free Zone
  • Fast and Easy Company Setup Process
  • Easy Customs Clearance for Import-Export from Free Zones
  • Get 3 year UAE Residence Visa for the Investor
  • World-Class Office Space and Warehouse facility
  • Growing Business Community and market opportunity

Free Zone Amenities for Foreign Investors

The Free Zones in UAE offer state-of-the-art facilities for the business investors to easily scale up the business.

1. Customized Office Spaces

Ranging from Flexi-Desk space to fully furnished offices, the UAE Free Zones provide the entrepreneurs with a host of different office types to suit all the business requirements.

Depending on the business activity and nature of the business, investors can choose their office space accordingly. Each Free Zones offer different office types (Various Sizes, Furnishings) coupled with the business license at attractive rates.

Customized Office Space in UAE
Customized Office Space in UAE

Often, due to the multiple options offered by Free Zones, the investor chooses the wrong one and ends up spending more. This is where experienced Business Consultants who are well aware of the Free Zone Package and Company Setup Process comes in handy.

We at AURION will design the right Company Setup package for you based on assessing all your business requirements.

2. Storage and Warehousing Facilities

The Availability of customized storage and warehousing facility for a wide range of business activities like food processing, packaging, heavy equipment, pharmaceuticals, etc., are making Free Zones attractive among global traders.

Warehouse Facility in UAE

To add on, the faster Customs Check and Clearance of goods through the In-house Customs Check post helps traders save time and money.

The well-maintained niche storage facilities and warehouses with a small office space and visa quota for employees based on the selected warehouse size is a very convenient option for traders to store and manage the goods effectively.

3. Light Manufacturing Units

Another major benefit of a Free Zone Company is the availability of the Light Manufacturing Units or Assembling Centers for conducting light manufacturing or assembling of parts, etc.

It is a perfect choice for re-exporters and export companies as well as the product distributors and resellers.

The Free Zones in the UAE offer customized solutions based on investor requirements. Few Free Zones offer the land on lease where the investors can build their facility on their own and operate.

Assembling Unit in UAE

The Light manufacturing Units in UAE help investors in the region to reduce logistics, streamline operations, pay zero import-duty taxes, and save on a lot of overheads through owning or renting a facility in UAE itself. It also helps to easily facilitate the sale of the end products to the international markets from UAE.

Rather than importing a completely built unit or a finished product and re-exporting, now companies in UAE can make their own Made in UAE products and sell it across the world.

It has given rise to numerous local business opportunities in the distribution, logistics, and selling of locally made goods in UAE markets and the rest of the GCC region.

9 Steps in Registering a Free Zone Company in UAE

1: Select Three Trade Names for your Company and Get the Trade Name Approval from the respective Free Zone

2: Choose the right Business Activity from the Free Zone Activity List. UAE Free Zones have almost 3000+ business activities to cater to wide investor requirements.

3: Select the Right Company Structure – Free Zone Establishment ( Single Shareholder) and Free Zone Establishment ( 2 to up to 50 Shareholders), FZ-LLC (Few Free Zones offer the LLC Suffix)

4: Choose the right Business License Type and Office Space for your requirements. Choose from Flexidesk, Shared Desk, Shared Office, Executive office, Fully Furnished Office, and more.

5: Prepare the documents required for company set up – Investor passport copy, UAE residence visa ( if any), company registration application form, any support documents if requested.

6: Prepare the Shareholder Agreement ( for FZC) and Draft the Memorandum of Association (MOA). Aurion will assist you with the preparation of the MOAs and other documentation.

7: Submit the documents, Tenancy Contract ( For Office Space), MOA draft, and any special approvals (certain sectors -Healthcare, Transport, Education, Finance, etc) to the respective Free Zone Authority and make the required payment.

8: Obtain the Business License and Company Documents, Company Seal, and Office keys from the Free Zone.

9: Proceed to apply for the UAE Residence Visa and apply for a Corporate Bank Account.

To know more about Company Formation in UAE Free Zone, talk to our expert Business Consultants right away!

Contact: Aurion Business Consultants