Company Formation in United Arab Emirates - Free Zone
Middle East
Overview
UAE Free Zones are dynamic economic areas offering compelling advantages for international businesses. They provide 100% foreign ownership, typically zero corporate tax on international activities, and the ability to obtain tax residency and residence visas. Free Zone companies can conduct business both domestically (under specific conditions) and internationally, with options for virtual offices and the ability to hire staff, making them a flexible choice for various activities including trade, services, and manufacturing. Each Free Zone has its unique focus and regulations, requiring careful selection.
Our Process
Step 1: Choose Free Zone & Business Activity
Select the optimal Free Zone based on your business activities and licensing requirements, as each zone specializes in certain sectors.
Step 2: Document Preparation & Submission
Prepare all necessary incorporation documents, including a brief business plan and passport copies of all principals, adhering to the chosen Free Zone's specific requirements.
Step 3: Company Registration & License Issuance
Submit the application for official registration and business license issuance with the relevant Free Zone authority. This step is typically completed efficiently.
Step 4: Bank Account Opening
Facilitate the opening of a corporate bank account with a local or international bank. This process may vary in complexity and time depending on the bank and Free Zone.
Step 5: Visa & Residency Application (Optional)
If required, apply for residency visas for shareholders, directors, and employees, allowing them to legally reside and work in the UAE.
Key Requirements
- Business plan
- Passport copies of all shareholders and directors
- Choice of specific Free Zone and business activities
- Registered address within the chosen Free Zone (physical or virtual office options available)
- Compliance with specific Free Zone regulations and minimum capital requirements (often not required to be paid-up)