Freezone

Freezone Company Formation in UAE

We are the company that specializes in Freezone Company Formation in UAE and we can help you to make sure that your Freezone business is set up in the UAE according to the Freezone laws and regulations.

UAE Free Zones are places set aside in the country where foreigners or ex-pats are allowed to own and run their businesses completely. Foreign nationals from all over the world may consider investing in a free zone company in the UAE. Due to the business assistance measures provided by the UAE Government and the Free Zone Authorities, the Free Zones of the UAE have grown to be the primary commercial center of the area. With a low business registration charge, anybody in the UAE may quickly establish a free zone firm. Establishing a free zone business in Dubai requires a minimum investment of AED 11,900.

It is much easier to set up a business in free zone areas in UAE. It requires less paperwork and the duration to set up the business is also less. There are a few steps to set up businesses which are as follows:-

  • Type of business setup (FZ LLC or FZE)
  • Selecting the trade name
  • Business license
  • Office space
  • Need to take pre-approvals, business registration, and apply for a license

Due to its stable political situation, secure way of life, effective law and order, tax haven status, and several other economic advantages, the UAE is a popular place for foreign investors to start a business. In the United Arab Emirates, there are more than 45 free zones, and each of the major free zones is home to more than 8000 businesses. UAE free zones are distinctive and a top location for business establishment due to qualities like business freedom and no tax jurisdiction.

Singiriandco. has professional consultants to advise you on all the documents required for the businesses set up in free zones. We work as a single point of contact for all your needs.

How to Setup Freezone Company in UAE

To Set up a free zone company in UAE, one must follow these steps in detail:-

Type of Business set up in UAE

Firstly, you need to choose the type of legal entity you want to set up. Under Free Zone, you can set up two types of companies:-

  • Free Zone limited liability company (FZ LLC) or Free Zone Company (FZ Co.)
  • Free Zone Establishment (FZE)

At Singiriandco. We offer a competitive package price for all types of business setups. Minimum paperwork is required and less time for all kinds of approvals.

Choose a Trade Name

Choosing a trading name for your business is also an important step while you set up business in a free zone. After you select the trade names, you need to check with the respective free zone authority whether that name is also registered or not. As per the DED, you must keep the key requirements in your mind when you decide on the trade name:-

  • Never violate the country’s morals
  • Should be followed by the legal form of the company such as LLC, FZE, DMCC
  • The name should not be registered before
  • Business should be compatible with the type of legal status
  • Must not contain the name of any religion, governing authority, logos, or any other external authorities.

Obtaining a Business License

Upon selecting the type of legal entity and choosing the trade name, you need to obtain a license for your business which of course depends on the type of business you are choosing.

As per the free zone authorities, you can carry out the following businesses:-

  • Animation
  • Content production
  • Advertising
  • Corporate film production
  • Corporate print material
  • Film production
  • Digital Content production
  • Graphic Design
  • Gaming Development
  • Illustration
  • Music production and recording

And many more. Please connect with Singiriandco. Legal consultants for more types of business activities you can do in free zone areas of UAE.

There are different types of licenses as per the businesses such as:-

  • Commercial or Trade license
  • Industrial license
  • Educational license
  • Media License
  • E-commerce license
  • Offshore license
  • Freelancer license
  • Warehousing license
  • Manufacturing license and many more

To obtain each license, there are different types of documents required which legal consultants of singiriandco can help you arrange in a better and faster way.

Selecting an Office Space

While Selecting the office space, you can either lease or buy spaces in free zones. The office space depends on many factors such as the number of employees and the type of business activity.
We offer different types of packages while selecting the office space.

Require Pre-approvals, register your business and obtain your license

There are many rules and regulations which are followed by the free zone authorities. To get the approvals there are many documents required. Singiriandco legal consultants will assist you with all the approvals and the requisite documents.

A) Pre- Approvals

When you apply for first approval, these are the basic documents that are required:-

  • Fill in the detailed application form
  • Plan of the business
  • Copy of the existing trade license (if already in business)
  • Passport copies (colored) of the company’s shareholder or any director/manager appointed to run the company.
  • Signature of the company’s shareholder or any director/manager who is appointed to run the company.
  • 2 years of financial reports (audited) are needed or a reference letter from the personal bank of the shareholder
  • For individuals No Objection certificate (NOC) from the current sponsor
  • Title deed for the unit
  • Letter of Intent
  • Original or Notarised Registry Identification Code form (RIC) for the manager or director

Incase of Freelancer, these are the documents required to obtain a license:-

  • Curriculum vitae (CV)
  • Registration Application
  • Reference letter from the bank
  • Original or notarised Registry Identification Code form (RIC)

B) Register your business

Upon your initial approval for the business, the next step is to pay for the registration and license fees. The fee depends on the type of license you are applying for. Then, you need to submit all the documents which are as follows:-

  • Filled application form for registration
  • Notarized and attested board resolution appointing manager
  • Power to attorney
  • Memorandum and articles of association
  • Specimen signature of Director or manager
  • Passport size photo (white background)
  • Information about the share capital

C) Licensing and Visa Process

There can be special cases while obtaining approvals for licenses and visas.

  • Authority will prepare the lease agreements
  • Issuance of trade license
  • Visa processing will be initiated

Benefits of Freezone Business in UAE

The four primary benefits of starting a business in a free zone in the UAE are as follows:-

There can be other incentives if you start a business in the free zone in UAE. For example, if you are starting your business in DMCC, post registering, you will get a 50-year tax holiday for personal and income taxes. 

We at Singiriandco. Promise to deliver all the benefits with minimum paperwork and start your new venture with finesse.

List of Free Zones in the UAE

  1. Abu Dhabi Airport Free Zone (ADAFZ)
  2. Abu Dhabi Global Markets (ADGM)
  3. ADPC – Khalifa Port and Industrial Zone (KPIZ)
  4. Industrial City of Abu Dhabi
  5. Higher Corporation for Specialized Economic Zones / ZonesCorp
  6. Masdar City Free Zone
  7. twofour54
  8. International Free Zone Authority (IFZA)
  9. Dubai Airport Free Zone
  10. Dubai Auto ZZone
  11. Dubai Biotechnology & Research Park (DuBiotech)
  12. Dubai Car and Automotive City Free Zone (DUCAMZ)
  13. Dubai Design District
  14. Dubai Flower Center
  15. Dubai Gold and Diamond Park
  16. Dubai Healthcare City
  17. Dubai Industrial City (DIC)
  18. Dubai International Academic City
  19. Dubai International Financial Centre
  20. Dubai Internet City (DIC)
  21. Dubai Knowledge Village
  22. Dubai Logistics City
  23. Dubai Media City
  24. Dubai Multi Commodities Centre
  25. Dubai Outsource Zone
  26. Dubai Silicon Oasis
  27. Dubai Science Park
  28. Dubai Techno Park
  29. Dubai Textile Village
  30. Dubai Technology and Media Free Zone
  31. International Media Production Zone
  32. International Humanitarian City
  33. Jebel Ali Free Zone
  34. Jumeirah Lakes Towers Free Zone
  35. Dubai South or DWC
  36. Dubai Production City
  37. Hamriyah Free Zone
  38. Sharjah Airport International Free Zone
  39. S.A. Regional Trade Center (USARTC) Free Zone
  40. Sharjah Publishing City Free Zone
  41. Sharjah Media City Free Zone (Shams)
  42. Sharjah Publishing City Free Zone (SPC Free Zone)
  43. Ajman Free Zone
  44. Ajman Media City Free Zone
  45. Ras Al Khaimah Economic Zone (RAKEZ)
  46. RAK Maritime City Free Zone Authority (RMCFZA)
  47. Ras Al Khaimah Investment Authority
  48. Ras Al Khaimah Free Trade Zone
  49. Ras Al Khaimah Media Free Zone
  50. Fujairah Free Zone
  51. Fujairah Creative City
  52. Umm Al Quwain Free Trade Zone (UAQFTZ)
Freezone Company Formation in Dubai
Freezone Company Formation in Dubai

Freezone Company Formation in Dubai

The governing authority in Dubai manages and runs the free zones. One of Dubai’s main marine free zones, the Jebel Ali Free Zone, is controlled, run, and supervised by the Jebel Ali Free Zone Authority. There are other free zones in Dubai like the Dubai Multi Commodities Center (DMCC) which attracts more than 300 applications per year (source Wikipedia) and has a retention rate of 94%. Another jurisdiction illustrating the development is the Dubai International Financial Centre (DIFC).

 By 2024, the region’s population is expected to quadruple, according to the authorities. A few more include DAFZA (Dubai Airport FreeZone, the Dubai internet city, and the Dubai media city). One of Dubai’s best-run and fastest-expanding free trade zones is the International Free Zone Authority (IFZA). After being established in Fujairah Emirate, this Freezone relocated to Dubai. 

In Dubai, free-trade zones (FTZs) are special economic zones created with the intention of providing tax breaks and reduced customs duties to foreign investors. In Dubai, there are more than 30 active free zones. FTZs in Dubai and the UAE are governed in accordance with a unique set of laws and guidelines. Foreign-owned enterprises can get business permits from a free zone authority. Each Free Zone is built around one or more industry sectors, and only businesses that fall under such sectors are eligible to apply for permits, such as those for Free Zone Enterprises (FZE). The majority of Dubai’s free zones provide business licenses for commerce, services, and industry to investors wishing to launch their ventures.

The budding entrepreneurs can establish their businesses in any of the above-mentioned free zones. Singiriandco. will make sure the venture is started with all the vital formalities from obtaining the license, choosing the space, and initiating the visa process. 

Dubai Freezone List

  1. International Free Zone Authority (IFZA)
  2. Dubai Airport Free Zone
  3. Dubai Auto Zone
  4. Dubai Biotechnology & Research Park (DuBiotech)
  5. Dubai Car and Automotive City Free Zone (DUCAMZ)
  6. Dubai Design District
  7. Dubai Flower Center
  8. Dubai Gold and Diamond Park
  9. Dubai Healthcare City
  10. Dubai Industrial City (DIC)
  11. Dubai International Academic City
  12. Dubai International Financial Centre
  13. Dubai Internet City (DIC)
  14. Dubai Knowledge Village
  15. Dubai Logistics City
  16. Dubai Media City
  17. Dubai Multi Commodities Centre
  18. Dubai Outsource Zone
  19. Dubai Silicon Oasis
  20. Dubai Science Park
  21. Dubai Techno Park
  22. Dubai Textile Village
  23. Dubai Technology and Media Free Zone
  24. International Media Production Zone
  25. International Humanitarian City
  26. Jebel Ali Free Zone
  27. Jumeirah Lakes Towers Free Zone
  28. Dubai South or DWC
  29. Dubai Production City
Freezone Company Formation in Sharjah

Freezone Company Formation in Sharjah

As an entrepreneur or a businessman, we must follow proper channels to establish it. At singiriandco., our legal consultants will make sure of each and every step is followed professionally.

As a part of the process, we will help you follow the required steps:-

  • Filing the company registration form with the Department of Economic Development (DED)
  • Drafting the Memorandum of Association for the company (MOA)
  • Obtaining the Trade License
  • Submit a request for a business card to the ministry of labor
  • Employee registration with the Ministry of Labor

There are different type of Zones under the Sharjah Free Zone company which has advantages of their own locations such as:-

  1. Sharjah Airport International Free Zone (SAIF ZONE)
  2. Sharjah Media City Free Zone (SHAMS)
  3. Sharjah Publishing City Free Zone (SPC)
  4. Hamriyah Free Zone
  5. The Regional Trade Centre USA (USARTC) Free Zone
  6. Sharjah Research Technology and Innovation Park (SRTI) Free Zone

Types of License in Sharjah

There are 3 types of licenses that Sharjah as an Emirate offers to their budding entrepreneurs depending on the type of business you choose. Every business comes with a different type of license.

1. Commercial License

Companies involved in a trade or the purchasing and selling of items are eligible for this sort of license. The free zone authorities will offer you a commercial license if you decide to engage in a business activity that falls within the category of commercial activity. Services like logistics, automobile rentals, and real estate might be categorised as commercial activities.

2. Trading License

Businesses engaged in manufacturing and industrial operations are granted this license. To obtain this license, you must have a physical office in the nation. It entails tasks including the production of food items, metal casing, furniture making, and packing.

3. Professional License

Businesses that offer services are granted this kind of license. They may be professionals, service providers, artists, or craftspeople. It encompasses pursuits like management consulting, legal practices, accounting and auditing organizations, educational institutions, and healthcare services.

Sharjah Freezone List

Freezone Company Formation in Abu Dhabi
Image Source: Adafz.ae

Freezone Company Formation in Abu Dhabi

The biggest of the seven emirates and the federal capital of the United Arab Emirates, Abu Dhabi covers more than 80% of the nation’s total land area. There are a number of free zones in Abu Dhabi that offer an ideal setting for company establishment in the Emirates and a method for international investors to access the country’s full potential.

As a registered agent for business set up in Abu Dhabi, we at Singiriandco will provide complete assistance in setting up and making your journey more comfortable. 

To set up business in Abu Dhabi, the process is not at all complicated:-

  1. Identifying the type of business activity
  2. Registration of the Trade name
  3. Approvals for a license from Free zone Authority
  4. License Issuance

There are a few documents required while you set up business in Abu Dhabi, which are as follows and singiriandco, will help in arranging these documents at the best price:-

  • Filled Application form
  • Shareholder’s passport copies
  • Passport size photo with white background
  • Names suggestions of the new company
  • Business Activity to be specified
  • Visa to be filed
  • Minimum 2 proof of address
  • Reference letter from the bank
  • CV or professional summary for a freelance visa

Abu Dhabi Freezone List

Freezone Company Formation in Ajman
Ajman Free Zone Office Building

Freezone Company Formation in Ajman

Businesses in the Ajman Free Zone can access 4 seaports and 2 international airports, which has helped the area’s economy develop. All laws and regulations in the free zone must be passed by and enforced by the Ajman Free Zone Authority (AFZA). The Ajman Free Zone Authority oversees and manages the whole process of setting up a business in the Ajman Free Zone and issuing business licenses to organizations.

There are 4 types of licenses issued by the AJMAN FREE ZONE AUTHORITY (AFZA):-

1. Trading License 

A trade license is given to everyone who does business in the free zone area. With just one license from the Ajman Free Zone Authority, the company may add three new operations.

2. E-commerce License

An organization might choose to get an e-commerce license if it wishes to go into e-commerce or start an online business. Investors might also get marketing and technical assistance from it.

3. Professional License

In order to launch their businesses in the Ajman Free Zone and provide PRO services like IT, management, or marketing consulting, any UAE-based or international enterprises must first get a professional license.

4. Industrial License

To begin operating a manufacturing facility in the free zone area, all businesses engaged in the manufacture of products are required to obtain an industrial license from the Ajman Free Zone Authority. For businesses engaged in manufacturing, Ajman Free Zone Authority also offers warehouses and smart-store services.

One of the most developed and reasonably priced free zones in the UAE is Ajman. Therefore, it is without a doubt the finest place in the UAE to start a business. For both domestic and international investors and businesspeople, Singiriandco., is a one-stop resource and service provider. All of your company setup needs, such as obtaining a bank account, licenses, registrations, paperwork, and other legal procedures, will be handled by our experts. Get in touch with us to take advantage of our business setup services and launch your ideal company right now!

Ajman Freezone List

Freezone Company Formation in Ras Al Khaimah (RAK)
RAK Economic Zone

Freezone Company Formation in Ras Al Khaimah (RAK)

One of the seven emirates of the UAE is RAS AL KHAIMAH (RAK). One of the UAE’s free trade zones with the quickest growth is this one. RAK free zone is prepared to unseat Dubai as one of the most sought-after investment locations in the UAE because to its cutting-edge infrastructure. Although there are several free zones around the Emirates, RAK stands out because of its advantageous position. The countries of the Far East—China, India, Iran, Pakistan, and the Commonwealth of Independent States—are nearest to RAK (CIS). 

RAK serves as a significant port and offshore location in the northern Emirates, in addition to its accessibility, hassle-free administrative processes, and closeness to Port Saqr (which is near to a major shipping channel traveling through the Strait of Hormuz).

The process to Set up Business in Ras Al Khaimah

  1. Establish the economic activities and legal structure of your company.
  2. submit a business registration application
  3. Send the free zone authorities the suggested firm name.
  4. Send in the business documentation to get a trade license.
  5. Get the Memorandum of Association (MOA) of the business notarized.
  6. Identify the business’s trade name.
  7. Initial approval
  8. Special approvals for the business
  9. Requisite documents for payment vouchers
  10. Licensing documents
  11. Trade license issuance by paying a license fee

If you’re interested in RAK company registration, Singiriandco is a one-stop solution provider that aids companies in setting up activities in RAK as well as completing the required paperwork and regulatory requirements. We take care of our customers’ passport, visa, and licensing needs and make sure that their assignment is finished quickly and without needless red tape thanks to our extensive domain knowledge and understanding with Emirate legislation.

Contact us for assistance with company setup in RAK if you’d want to own a piece of this expanding economy.

(RAK) Ras Al Khaimah Freezone List

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