When deciding which free zone to set up your business, it is important to look at its Location, Infrastructure, Licenses offered, and Cost. This article will outline some things to look for when considering Dubai free zone company setup. After reading through the information presented here, you’ll be better equipped to make an informed decision. Choosing the best free zone for your business means choosing the one with the most favorable conditions.
There are several free zones in Dubai. Some are more accessible than others. Dubai’s free zones include Jumeirah Lakes Towers (JLT) and the Dubai Multi Commodities Centre (DMCC). The Dubai Internet City and the DMCC have direct access to public transportation and metro stations. For those looking for a more convenient location, the DMCC and JAFZA are the best bets.
Operating in a free zone includes tax leniency, infrastructural facilities, convenient access to seaport and airport, qualified workforce, and strategic location. Besides tax leniency, forming a business in a free zone can save companies many expenses and make optimal use of all resources. To learn more about forming a company in a free zone, check out the following list.
The types of licenses offered in the free zones in Dubai depend on the business conducted. For example, in the DMCC Free Zone, investors may carry out six business activities under one license. They need not pay for an additional license if the activities are carried out under the same code. In addition, the license holder may choose to carry out multiple types of activities under the same code. If this is the case, they may also need a separate license for each type of activity.
Cost of setting up a company in a free zone in Dubai:
The cost of setting up a company in a UAE-free zone will depend on the business you plan to launch. This figure can vary depending on the specific location, type of company, and approvals required by the relevant authorities. Additional expenses can be incurred for office lease, insurance, and equipment. Although the process is straightforward and often free, there are a few things to consider to help you keep costs down.