How to open a free zone company in Dubai?
Below is a step-by-step instruction on how to open a free zone company in Dubai:
- Choose the free zone most suited to your business activity.
- Decide on a company name ensuring it adheres to the naming regulations of the chosen free zone.
- Prepare the documents:
- Passport copies of the company's shareholders and directors
- Completed application form for the specific free zone
- Business plan (if required by the free zone).
- Additional documents that may be required depending on the free zone and your business activity
- Apply for a license depending on your business activity:
- Trading or Commercial License
- Service or Consultancy License
- Industrial License
- Etc.
- Select office space: a physical office, warehouse, or choose a flexi-desk option within your chosen free zone
- Pay the fees: one-time registration fee, annual license fee, and any other related fees such as office rent
- Obtain visa (if relocating): If you're planning to stay in Dubai, apply for a visa through your free zone. This also applies to any employees you plan to hire.
- Open a bank account: Once you have your license and all related documents, approach a local bank to open a corporate bank account.
The whole process of setting up a company in the UAE may be a challenge, from selecting among around 50 free zones to opening a bank account. We understand that your case is unique, and it may be a lot easier and cheaper to open your company with the help of an experienced consultant. Contact Emirabiz for a smooth and fast company setup in the UAE.
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