Establishing a company in a free zone at the lowest cost, opening a company in a free zone in Dubai represents a unique opportunity for investors who want to benefit from an innovative and stimulating business environment. Dubai’s free zones offer advanced infrastructure and special features that make them a preferred destination for many startups and international investors. By partnering with Itqan, investors can receive comprehensive and targeted support to facilitate the establishment process and make the most of the benefits offered by free zones.

Itqan contributes to providing specialized consultations that help investors in choosing the right free zone and the type of license that suits their business activity. By utilizing its extensive experience and in-depth knowledge of the market, Itqan provides advice on the legal procedures and licenses required, and helps in speeding up the registration process and reducing potential costs.

Free zones offer a number of benefits including tax exemptions, full company ownership, simplified registration procedures, and the ability to transfer profits abroad without restrictions. They also provide a business environment supported by advanced facilities and integrated logistics services, which contribute to the success and growth of companies.

By partnering with Itqan, investors can benefit from integrated services including financial planning, legal auditing, and strategic advice, ensuring that their goals are achieved with minimal effort and time. This collaboration also includes support in application and licensing procedures, and ensuring compliance with legal requirements, contributing to a smooth and efficient incorporation process.

With these advantages and services, establishing a company in the free zone is an important strategic step that opens the doors of success and wide opportunities for investors in the distinguished Dubai market.

Types of licenses available in free zones

Dubai’s free zones are an ideal destination for investors and businesses looking to benefit from a flexible business environment and offer a range of benefits that enhance their business growth. These zones provide a supportive environment for a variety of business activities, allowing investors to choose the licenses that best suit their needs. This includes licenses that suit different types of businesses, from trade and manufacturing to technical and media services. In this context, we review the types of licenses available in free zones and how they can contribute to achieving the goals of investors and businesses in effective ways. Types of Licenses in Free Zones

• Commercial License: The commercial license is one of the most common licenses in free zones. This license allows companies to engage in commercial activities such as wholesale and retail trade, and includes the buying and selling of products and goods. This license is ideal for businesses that focus on importing and exporting goods or distributing products.
• Industrial License: Industrial license targets companies that work in the field of manufacturing and production. This license allows the establishment of factories and workshops to produce goods and merchandise. This includes companies that deal with industrial processes such as production, packaging and packaging.
• Professional License: Professional license is for companies that provide specialized and professional services. This includes consulting, design, engineering, law, and programming. This license allows companies to provide services based on knowledge and experience in a specific field.
• Tourism License: The tourism license is for companies operating in the tourism and hospitality sector. This license includes travel agencies, hotels, and companies that provide tourism and travel services. The tourism license provides companies with the ability to organize trips, provide accommodation services, and host tourists.
• Technology License: This license targets companies working in the field of technology and innovation. This includes software development, technical solutions, and digital services. The technology license provides companies with access to modern infrastructure and support in the field of technology.
• Media Licensing: Media licensing is for companies operating in the media and advertising industry. This license includes media production companies, advertising agencies, and various media outlets. It allows companies to produce and distribute media content and advertisements.
• Logistics License: This license targets companies that provide logistics and transportation services. This includes shipping, warehousing, and other logistics companies. The logistics license provides facilities related to transportation and distribution, which contributes to improving the supply chain.
• Cultural and Artistic License: This license is for companies that deal with cultural and artistic activities. This includes arts companies, organizing cultural events, and heritage. Cultural and Artistic License provides companies with the ability to participate in organizing and implementing artistic and cultural events.

Each type of license provides companies with special benefits that are in line with their business activity, which contributes to facilitating establishment and growth in a suitable business environment.

Steps to establish a company in the free zone

Establishing a company in the Dubai Free Zone is a strategic step for investors who want to benefit from a dynamic and favorable business environment. Free zones offer many advantages including tax exemptions, full company ownership, and simplified procedures, making them an ideal destination for businesses of all kinds. To ensure the success of the establishment process, it is essential to follow organized and effective steps. In this context, we review the basic steps for establishing a company in the free zone, which include all the necessary procedures to ensure the successful start of work in accordance with the required legal standards. Steps for establishing a company in the free zone

• Determine the business activity: The first step in the incorporation process is to determine the type of business activity the company intends to undertake. This determination must be accurate so that you can choose the appropriate license and free zone location that matches your activity.
• Choosing the right free zone: Free zones in Dubai vary in terms of the services and facilities they offer. Depending on the type of business, you should choose the free zone that offers the best support and benefits that match your business requirements. Itqan can advise you on the best options available.
• Applying for a License: Once you have determined the activity and free zone, you need to apply for the appropriate license. This requires submitting documents such as a business plan, company details, and details of shareholders and directors. The exact requirements vary depending on the type of license and free zone.
• Preparing legal documents: This step involves preparing the articles of association, bylaws, and other required legal documents. It is important to ensure that all documents comply with the laws and regulations in force in the free zone.
• Renting an office or commercial space: Most free zones require renting an office or commercial space as part of the incorporation process. An office can be chosen according to the business needs, whether it is a small office or a larger space depending on the size of the company and its activity.
• Submitting the application for the necessary approvals: Once the documents are completed and the commercial space is determined, an application must be submitted for the final approvals from the competent authorities in the free zone. This includes submitting the legal and commercial documents required to obtain the license.
• Opening a corporate bank account: After obtaining the license and approval, a commercial bank account must be opened in the company’s name. This requires submitting documents such as the articles of association, license, and the identity of shareholders and directors.
• Registering the company with government authorities: This step involves registering the company with the relevant government records such as the Chamber of Commerce, and registering with taxes if necessary. Ensuring that all required registrations are completed helps ensure that the company is operating legally.
• Starting and Operating the Company: Once you have completed all the above steps, you can start working and operating the company. Make sure to follow compliance with all local regulations and continue to take advantage of the services and support available in the free zone.

By following these steps, investors can successfully establish a company in the free zone , and take advantage of the available advantages to expand their business and achieve their business goals efficiently.

Our company’s role in establishing a company in the free zone

In conclusion, establishing a company in the Dubai Free Zone is an important strategic step that allows investors to benefit from a stimulating business environment and unique commercial advantages. By cooperating with Itqan Company, you can make the most of the opportunities offered by the free zones, thanks to the specialized support and extensive experience that the company provides in this field.

Itqan helps investors fully understand the incorporation procedures and provides strategic advice that aligns with each investor’s business objectives. With its in-depth knowledge of laws and regulations, Itqan helps speed up the registration process and reduce the associated costs, making the incorporation process smoother and more efficient.

The benefits offered by free zones, including tax exemptions, full company ownership, and simplified registration procedures, provide investors with a great opportunity to grow and innovate in a dynamic and opportunistic market. Advanced infrastructure and logistics services also contribute to enhancing the efficiency of business operations and increasing the competitiveness of companies.

In short, working with Itqan can have a significant impact on the success of the free zone establishment process, as the company provides the necessary support and expertise to achieve the goals efficiently and effectively. Investing in a free zone is not just a business move, but an investment in the future of the company and its growth in a global business environment. With the help of Itqan, investors can achieve success and realize their business ambitions in the distinguished Dubai market.

Frequently asked questions about establishing a company in the free zone

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