FAQs about Emirabiz Services
There are about 50 free zones in the UAE and each tends to specialize on a certain business activity or types of services, has its own rules and peculiarities. Choosing a free zone that is best and cheaper for you may be a challenge. That is why it is advisable to consult with a professional agency, like Emirabiz.
For a basic setup, the cheapest free zone in Dubai may be considered Meydan Free Zone. As for the entire UAE, the cheapest setups offer the UAQ and RAKEZ free zones, depending on a business activity and the number of visas.
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.
The cost of opening a free zone company in Dubai varies significantly based on the chosen free zone, the type of business activity, and the specific requirements of the investor. In Dubai free zones, company registration fees and obtaining necessary licenses start from USD 7,000 and can amount to USD 15,000 and more if you set up a big company with many employees and a large office.
Note that usually the setup costs already include the rent of a flexi desk or dedicated office space. If your budget is rather limited, you can think of northern emirates as their free zone authorities charge about USD 4,000-5,000 for a basic setup.
Generally, the requirements are the following:
- Personal presence
- Corporate documents
- Bank statements of the owners
- Utility bills and CVs of the owners
- Expectations on the turnover
- Business plan
For the most recent information regarding the educational licenses in the UAE and details of the licensing process, visit the MOE website available in English and Arabic.
If you don't achieve the required result in your first test, it’s not the end of the world, as you’ll have two more attempts to do it. In order to help you in your efforts, there are several training courses introduced by TLS to suit your needs ranging from one to six months in duration.
No, the teacher’s license is one of the three license types of the Educational Professions License (EPL). The EPL is a permit issued to individual professionals by the MOE upon meeting certain requirements, allowing the holder to work in the education sector. Apart from the teacher’s license, the EPL also includes the School Leadership License and the School Professions License, each with its own criteria and work opportunities.
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Planning to start a business in the UAE? With Emirabiz, you can navigate the process quickly and effortlessly. We provide expert assistance with company registration, licensing, residency visas, bank accounts, and comprehensive business support.