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Freezone Company Formation

Establishing a Business Setup in UAE Freezone

Explore the freezone business setup with MNK auditing

Setting up a business in a UAE Freezone offers a range of benefits, making it an attractive option for entrepreneurs and investors. Freezones in the UAE are specially designated areas that offer businesses favorable conditions such as tax exemptions, full foreign ownership, and simplified business setup processes.

At MNK Auditing Of Accounts, we expertly guide you through the entire free zone company formation process in Dubai and other Emirates, ensuring a smooth and efficient experience. From selecting the right freezone that aligns with your business activities to handling the legal paperwork, our expert team gives professional support at every part of the way for your business setup in Abu Dhabi too.

Benefits of  setting up a Freezone Company in UAE:

  1. 100% Foreign Ownership: Unlike mainland companies, freezone companies allow 100% foreign ownership.
  2. Tax Exemptions: Many freezones  in the UAE offer tax incentives, including exemption from income tax and customs duties for a specific period.
  3. Simplified Setup Process: The process of setting up a business in a freezone in Dubai and other Emirates is typically faster and more straightforward compared to mainland setup.
  4. No Currency Restrictions: Freezone businesses in the UAE can send their profits and money back to their home countries without any restrictions.
  5. Sector-Specific Free Zones: Many freezones in UAE  cater to specific industries such as technology, media, finance, and logistics, providing businesses with a supportive ecosystem.

Benefits of Doing Business in UAE Freezone

TAX Benefits

If you are starting your business in a UAE free zone, you can save money on taxes. Many free zones don't make you pay tax on the money your company makes. Also, you might not have to pay tax when you bring goods into the UAE free zone to use for your business. This can help your business save a lot of money

100% Foreign Ownership

One of the best things about a UAE free zone is that if you're from another country, you can own your whole business yourself. You don't need to have a local partner to own part of your company when you set up your business in a UAE free zone.

Simple Rules in UAE Free Zones

Free zones in the UAE have made the rules and the forms easy to deal with. This means when you start your business in a UAE free zone, there's not much hard paperwork, and things go quicker. It's an easy way to get your business started.

High Profit in UAE Free Zones

Setting up your company in a UAE free zone lets you send all your profits back home. This means you have the chance to manage a high volume of profits without restrictions, which can really help your business grow in the UAE free zone.

Our step-by-step process to Establish Your Freezone Company in Dubai

Starting a business in a Dubai Freezone is an easy process to us. We will assist you in  each step of the freezone company formation  to ensure compliance and a smooth setup. Here’s a quick guide to help you navigate the process.

Choose Your Freezone & business Type

The UAE has around 46 free zones, and each one focuses on specific industries. To set up your business in a free zone in UAE, you need to choose the right business structure and the free zone that best suits your business needs.

Select a Trade Name

Once you’ve determined your business type, you need to choose a unique trade name for your company.Make sure it follows the rules of the free zone where you want to register your UAE business and set up a company, whether in Dubai or anywhere else.

Apply for a Freezone License

After finalizing the business name, the next step is to apply for a business license from the freezone authority. Each freezone s in UAE is responsible for issuing licenses within its jurisdiction, We will you apply for the right license for your business setup activities.

Find Office Space

To operate business in a  UAE freezone in the UAE, you need to secure office space. Freezone authorities typically offer options for renting or purchasing office space. The space you choose must meet the requirements for your specific business license.

Obtain Initial Approvals and Final License

Before you can start your operations, you must secure the necessary approvals from relevant authorities. Once you receive these approvals, your business license will be issued, and you can start your business in the UAE. This usually takes about two to four weeks for a dubai free zone business setup.

Start Your Freezone Company Operations

Once you have your business license, you’re all set to begin running your company. Free zones provide a supportive environment for business growth, offering high-quality infrastructure and helpful services.

Types of Freezone Business Licenses in Dubai and all over the UAE

Dubai’s freezones are designed to support businesses in a variety of sectors by offering tailored licenses and benefits.Each free zone has its own licenses based on what kind of work you want to do for your business setup in uae free zone. Here’s an overview of the common types of freezone business licenses in Dubai and the UAE.

Trading License

A trading license is for businesses that engage in importing, exporting, or distributing goods within the free zone. Freezone trading licenses can cover a wide range of business activities, including general trading or specific goods like electronics, furniture, or textiles for your free zone business in Dubai. These licenses also allow you to establish online stores or e-commerce for your businesses set up in the UAE.

Media License

Media licenses are designed for businesses in the media and entertainment sector, such as production houses, advertising agencies, broadcasting companies, or digital content creators within the uae free zone. Freezones like Dubai Media City offer tailored licenses for businesses in creative industries.

Industrial License

If your freezone businesses involved in manufacturing or production activities, an industrial license is necessary. This license covers the creation, processing, or assembly of goods, and is suitable for companies engaged in activities such as product manufacturing, packaging, and assembly in freezones designed for industrial activities.

Tourism License

If your freezone business is related to the tourism sector, the tourism licence is necessary to establish the business in UAE. These licenses allow your freezone business setup to cater to visitors and contribute to the UAE's vibrant tourism industry, whether based in Dubai or other Emirates.

Why MNK Auditing for your Freezone Company Formation in UAE?

Looking for a company with years of experience to assist you in your free zone company formation in the UAE, MNK Auditing with – years of experience in the business development field gives special guidance to make your free zone company formation easy and quick.

Choose MNK Auditing for your free zone company formation and get:

Expert Help

Get assistance from our expert business development executives in the UAE; we have detailed knowledge about UAE landscape, and hence, we can monitor the entire process of starting a business in Dubai from start to end.

Simple Process

A company formation in the UAE basically needs a few processes to be completed. But in a free zone, you can start any business at minimal process. The further process will be handled by our experienced and expert business professionals to make it simpler.

Custom Solutions

We know each business is different and give advice just for your free zone company formation needs in the UAE. This consultation helps you to elevate your business setup idea in Dubai, and get you a reliable solution.

Avoid Legal issues

We make sure your free zone company formation follows all local laws and the rules of your chosen free zone in the UAE reducing risks.

For a smooth and successful free zone company formation in the UAE, work with MNK Auditing – your trusted experts in handling the free zone business setup process across the Emirates.

Freezones in Dubai We Serve

Dubai
Abu Dhabi
Sharjah
Ras Al Khaimah
Ajman
Fujairah
Umm Al Quwain
  • Jebel Ali Free Zone (JAFZA)
  • Dubai Multi Commodities Centre (DMCC)
  • Dubai International Financial Centre (DIFC)
  • Dubai Airport Free Zone (DAFZA)
  • Dubai Silicon Oasis (DSO)
  • Dubai Healthcare City (DHCC)
  • Dubai Media City (DMC)
  • Dubai Internet City (DIC)
  • Dubai South (DWC / Dubai World Central)
  • International Free Zone Authority (IFZA) – Note: While historically associated with Fujairah, it has a significant presence and operations in Dubai Silicon Oasis.
  • Meydan Free Zone
  • Dubai Design District (d3)
  • Dubai Knowledge Park (DKP)
  • Dubai Production City (DPC)
  • Dubai Science Park (DSP)
  • Dubai CommerCity
  • Dubai Industrial City
  • Dubai Maritime City (DMC – different from Dubai Media City)
  • Dubai Studio City (DSC)
  • International Humanitarian City (IHC)
  • Gold and Diamond Park
  • Dubai International Academic City (DIAC)
  • Dubai Outsource City (DOC)
  • Dubai Textile City (DTC)
  • Dubai Auto Zone (DAZ) / Dubai Cars and Automotive Zone (DUCAMZ)
  • Abu Dhabi Global Market (ADGM)
  • Khalifa Industrial Zone Abu Dhabi (KIZAD)
  • Masdar City Free Zone
  • Twofour54
  • Abu Dhabi Airport Free Zone (ADAFZ)
  • Industrial City of Abu Dhabi (ICAD – operates within ZonesCorp)
  • ZonesCorp (Higher Corporation for Specialized Economic Zones)
  • Sharjah Airport International Free Zone (SAIF Zone)
  • Hamriyah Free Zone (HFZA)
  • Sharjah Media City (Shams)
  • Sharjah Publishing City Free Zone (SPCFZ)
  • Sharjah Research, Technology and Innovation Park (SRTIP)
  • Sharjah Healthcare City (SHCC)
  • Ras Al Khaimah Economic Zone (RAKEZ) – This includes the former RAK Free Trade Zone (RAK FTZ) and RAK Investment Authority (RAKIA).
  • RAK Maritime City (RAKMC)
  • Ajman Free Zone (AFZ)
  • Ajman Media City Free Zone (AMCFZ)
  • Al Zorah Free Zone
  • Fujairah Free Zone (FFZ)
  • Creative City Fujairah / Fujairah Creative City
  • Fujairah Oil Industry Zone (FOIZ)
  • Umm Al Quwain Free Trade Zone (UAQ FTZ)
  • Ahmed Bin Rashid Free Zone (ABRFZ)
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