Free zones are unique economic zones set up by the government of UAE to promote business activity and encourage new investors and entrepreneurs to set up their companies in the region. Each free zone is an independent regulatory body that creates its own rules based on which it manages its companies. A unique aspect of business setup in Dubai free zone is that each one specializes in a particular business activity therefore, entrepreneurs and business persons are surrounded by the best state of the art infrastructure needed for them to grow their company. For example Dubai Internet city specializes in e-commerce, while Dubai South free zone is dedicated to aviation and real estate.

To ensure that free zones act as centres of business activity, the government has introduced numerous policies to encourage free zone company setup. The most prominent one of which is the option of 100% foreign ownership and reparation of profits. Furthermore, free zones companies have relatively low formation costs and significant tax cuts for business, including no corporate or income tax. The main downside of free zone company formation in UAE is that it cannot conduct its activity outside the free zone area with special permission. This restriction can be limiting for those who wish to expand their business. However, it is undoubtedly an excellent option for new company formation, freelancers and entrepreneurs who are setting up their new business.

With over 30 free zones to choose from in Dubai alone, each with its own rules and regulations, forming a company can be a daunting experience. Our team of experts at legalworks can help you choose the right free zone for your business and assist in the incorporation process. Each free zone offers numerous license types, and has a different registration process. While some of these procedures can be lengthy, obtaining the appropriate legal advice will facilitate the process. We will assist you with the application process, preparation of documents, external approvals, document attestation and the payment processes.

We work with our clients closely to deliver a service that is tailored to their individual needs. Our experienced team can guide you through all the steps of free zone business set up in UAE.