Guide to free zones in Dubai

Dubai is always seeking to strengthen its position as a global center for business and trade, and its free zone guide has become a vital part of this strategic vision. Dubai’s free zones are a stop for international companies seeking to take advantage of the business-friendly environment and the attractive benefits it offers. Itqan Company stands out as one of the pioneers in this field, as it plays a prominent role in facilitating operations and providing the necessary support to companies joining these regions. Thanks to its extensive experience and commitment to providing the highest levels of quality, Itqan Company contributes to enhancing confidence among investors and enhancing the position of the Dubai Free Zone as a pivotal investment destination on the global stage.

Guide to free zones in Dubai

Dubai, a global city located in the United Arab Emirates, is considered one of the most prominent economic and tourism centers in the world. It is characterized by its modern skyline filled with tall towers and unique buildings, along with its picturesque sandy beaches and a variety of tourist and entertainment attractions. Dubai is also a center for business and trade, providing a fruitful investment environment and hosting a wide range of international companies and leading institutions in various economic sectors.

1. Dubai Technology Zone: It is considered one of the most important free zones in Dubai, focusing on technological and innovative companies.
2. Jebel Ali area: Provides an ideal environment for industrial, logistical and manufacturing companies.
3. Dubai Investments District: It enjoys a distinguished location near Dubai International Airport, and attracts international companies in various fields such as logistics, trade and financial services.
4. Dubai Media District: It is a leading center for the media and entertainment industry, and attracts leading companies in the field of media, television and film production.
5. Dubai Financial District: It is considered a major financial center in the region, and attracts international companies in the fields of financial, banking and investment services.

These are some examples of free zones in Dubai , and there are more free zones that provide ideal environments for business and investment in Dubai.

Free zones in Dubai

The difference between establishing a company in the free zone and Dubai

These tables indicate some basic differences between establishing companies in free zones and establishing a company in Dubai . However, laws and regulations may vary from one free zone to another and from one country to another, so you should always consult Itqan before making a final decision.

Advantages of establishing a company in the free zones in Dubai

Establishing a company in the Dubai Free Zone is an excellent option for investors in order to start their investment in the free zone, as this zone provides many advantages to companies. Here are some of the advantages that the Dubai Free Zone offers to companies. To learn more about the advantages, you can contact Itqan Company.

1. Not imposing customs duties and taxes: It allows companies to operate in an environment free of customs duties on import and export, in addition to not imposing taxes on profits.
2. 100% foreign ownership of companies: Dubai free zones provide an open investment policy that allows foreign investors to own 100% of their companies without the need for a local partner.
3. Easy access to the regional and global market: Dubai is located in an excellent strategic location, which makes it easy for companies to access a large consumer market in the Middle East, North Africa and Asia, in addition to its easy access to the rest of the world.
4. Advanced infrastructure: The free zones in Dubai have an advanced infrastructure that includes logistical facilities, advanced transportation networks, and advanced information technology services, which facilitates the work of companies and increases their efficiency.
5. Facilitations in administrative procedures and flexible legislation: Free zones in Dubai provide simple and effective administrative procedures, in addition to flexible legislation that helps companies carry out their work easily and smoothly.

In short, establishing a company in Dubai’s free zones provides an ideal business environment characterized by freedom, flexibility and efficiency, which helps companies achieve sustainable success and expand their business easily.

Steps to establish a company in the free zones in Dubai

Establishing a company in the free zones in Dubai requires several steps, and here we show you the general procedures that can help you in this work:

1. Market study and planning: Before starting the company, you must study the labor market in Dubai and understand the market needs and legal and regulatory requirements.
2. Choosing the economic activity: You must determine the activity the company intends to carry out in the free zone.
3. Choosing a company type: You can choose the company type that suits your needs, such as a local company, limited company, or sole proprietorship.
4. Choosing a location: Select the free zone that suits your company’s activity and your administrative and financial requirements.
5. Providing legal requirements: You need to provide the legal documents required to establish the company, such as your passport, a copy of your residence permit, a personal photo, and a copy of your signature.

These are general steps, and the exact procedures may vary depending on the type of company, its activity, and local laws in the Dubai Free Zone. Therefore, it is important to consult Itqan Company before starting the company establishment process.

Establishing a company in Dubai

Guarantees for establishing a company in the Dubai Free Zone

Establishing a company in a free zone in Dubai provides many guarantees and benefits, making it an ideal place to invest and build successful companies. Among these guarantees:

1. Freedom of ownership: In Dubai free zones, foreign investors are allowed to own 100% of the capital invested in the company without the need for a local partner.
2. Customs facilities: Free zones in Dubai provide customs benefits such as exemption from customs duties and taxes on imports of goods and materials used in production.
3. Advanced infrastructure: Dubai free zones provide advanced infrastructure that includes integrated logistics facilities, modern storage facilities, and international shipping services.
4. Facilitated registration procedures: Dubai free zones provide easy and quick registration procedures for establishing companies, which reduces administrative and bureaucratic procedures.
5. Access to regional and global markets: Dubai represents a strategic trade and business center in the Middle East, allowing companies joining Dubai free zones to easily access regional and global markets.

These are some of the guarantees that Dubai free zones provide to new companies, and contribute to making them a suitable and suitable environment for business and investment.

Opening a bank account in order to establish a company in the free zone

Establishing a company in a free zone, opening a bank account is an essential step. Opening a bank account gives you access to the financial services necessary to run your business efficiently, and makes it easier to handle daily financial operations such as payments and transfers. You have several options to open a bank account to establish a company in the free zone. Here are the basic steps you can follow:

1. Search for the right bank: Search for a bank that provides banking services suitable for your company’s needs in the free zone. Check the bank’s reputation and the services it provides that suit your company’s requirements.
2. Contacting the bank: Contact the bank you chose to establish the bank account. You can inquire about the required documents and procedures necessary to open a bank account for your company.
3. Preparing the required documents: You may need to submit some documents to the bank to open the account, such as the company’s incorporation document, the free zone registration document, the identity of the founders, and other certificates that banks may request.
4. Visit the bank or apply online: You may need to visit the bank branch to submit documents and complete the account opening procedures, or you may be able to apply online if the bank offers this service.
5. Confirm data and information: Make sure to review all data and information provided to the bank to ensure their accuracy and completeness before agreeing to open the account.

Always remember to check the requirements and laws of the free zone in which the company operates, as there may be specific requirements for banks in that zone.

Our service in the free zones in Dubai

Itqan Company provides a comprehensive range of services to companies and investors wishing to benefit from free zones in Dubai. Among the services provided by the company:

1. Investment Consulting: Itqan provides specialized consultations to help identify appropriate investment opportunities in free zones, based on clients’ needs and goals.
2. Company registration and licensing: The company provides registration and licensing services necessary to establish companies in free zones, including providing assistance in completing administrative and legal procedures.
3. Logistics and localization services: Itqan provides logistical support services to startups and medium-sized companies, including assistance in obtaining offices, work spaces, and other logistical facilities.
4. Financial and tax services: The company provides specialized financial services that include managing accounts and financial and tax reports, to ensure compliance with local laws and regulations.
5. Legal support and advice: Itqan provides comprehensive legal services, including legal advice, preparing contracts, and addressing legal issues related to business in free zones.

Thanks to these integrated services, Itqan helps companies and investors make the most of the investment opportunities available in the free zones in Dubai, and contributes to the success of their businesses and sustainable growth.

the free zone

Thanks to the role of Itqan Company in providing a comprehensive guide to the free zones in Dubai, investors and businessmen are able to access accurate and reliable information about the investment opportunities available in these thriving economic zones. The company’s efforts contribute to directing investments towards preferred sectors according to customers’ needs and business interests.

By providing accurate information and comprehensive analysis of the commercial environment in Dubai, Itqan represents an effective bridge between investors and promising investment opportunities in the free zones. The company also plays an active role in directing companies towards the necessary procedures to establish their business in Dubai, including registration, licenses, and assistance with relocation and localization.

As a strategic partner for investors, Itqan ensures that companies operating in Dubai’s free zones have the maximum benefit from the available investment opportunities, and provides comprehensive support across all stages of the investment process. In this way, Itqan contributes to enhancing economic growth and strengthening Dubai’s position as a leading investment destination on a global level.

Frequently asked questions about free zones in Dubai