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Capital for company formation

Free Zone business setup with no capital

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Most Free Zones in Dubai require some capital amount before they actually issue your license. The setup procedure usually goes as follows:

1. You provide your passport for security checkup
2. You have to deposit money to the bank for 3-5 or sometimes 20 days (until the setup is finished)
3. You get your license

Then you can use your money for whatever purpose, however in the end of the year you will have to do audit and prove that your capital did not decrease (it should at least remain the same).

However, there are some Free Zone which do not require any capital or require it to be shown at later stages of your business development. Here we go…

Ajman Free Zone capital requirements

Service licenses – no capital is required
Trading and Industrial licenses – 185 000 AED (or 50 000 $) has to be shown after 2-3 months from the time of company registration

Ajman conditions really make sense for new businesses – license prices are very competitive (General Trading for only 27 150 AED), no educatioanl requirements for service licenses and totally unprecedented offer – to pay for the license by multiple installments.

RAKIA Free Zone capital requirements

Service licenses – no capital is required
Trading licenses – no capital is required
Industrial licenses – 200 000 AED for FZ-LLC (multiple owners), 150 000 AED for FZE (one owner)

Hamriyah Free Zone capital Requirements

Companies with office facility – no capital is required
Companies leasing land or warehouse – 150 000 AED

Fujairah Creative City Free Zone

No capital requirements for any types of companies

Dubai World Central – DWC Free Zone

No capital requirements for any types of companies

Get up, set up and grow up your business with Emirabiz.com!

Written by Andrew O.

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Company formation

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