Setting up a company in Dubai freezone is simple. There are several steps which need to be followed. If you want to setup a company in Dubai freezone, here are the steps which can help:
Step 1: Choose a Free Zone
The first step to setting up a business in Dubai is to choose which free zone you would like to register your company in. Each free zone has its own unique benefits and advantages, so it's important for you to consider what type of industry or business you want your company to be associated with before making a final decision. For example, if you're looking for an office space that's close to the airport and tourist attractions such as Burj Khalifa or Dubai Mall (one of the largest shopping malls in the world), then JLT might be more suitable than Dubai mainland because it has more amenities nearby.
If there are multiple options available within each free zone and especially if those options vary dramatically in terms of size and price, consider visiting each one during normal working hours so that employees can give tours around their facilities as well as explain any other details about what makes them unique compared to other locations within these areas
Step 2: Get Registered.
Once you have established the legal entity of your company, it is time to get registered. The process of registering a company in Dubai freezone is a very simple one and can be completed within 5 working days. You will need to submit the required documents and pay the registration fee through our online portal or by post.
Step 3: Choose and Appoint a Company Manager
The Company Manager is responsible for the day-to-day running of your company. The person you choose to be your Company Manager is a key decision, as they will be responsible for managing your finances and reporting them back to shareholders. It's important to choose someone who has experience in this area, as well as being able to manage people well and communicate effectively with others.
You can appoint yourself or another person as a director if they meet certain criteria set out by law (for example being over 18 years old). If this isn't possible then we recommend appointing an experienced professional such as an accountant or lawyer who understands how businesses operate in order to act as your Company Manager
Step 4: Open a Bank Account with the Appointed Bank.
- The bank account must be opened in the name of your company.
- You will need to open a bank account with one of the appointed banks, which are:
o Dubai Islamic Bank (DIB)
o Emirates NBD Bank (ENBD)
- It is important to note that your business needs at least one active debit card for transactions, so make sure this is taken care of before opening an account.
Step 5: Apply for an Emirates ID or Passport
- Apply for a residence visa and passport. The process of getting a residence visa and passport is different in each emirate. In Dubai, you have to submit an application form, provide supporting documents (such as proof of employment), pay the required fee and then wait for your documents to be processed by the police department. Your employer will help you with this process as part of their responsibility towards their employees' welfare. Make sure that your passport has enough blank pages before applying for a new one!
- Apply for visas if necessary - If you plan on traveling outside UAE after getting your work permit or residency permit from Dubai Free Zone Authority (DFZA), then apply for any necessary travel documents such as Schengen or European Union visas well ahead of time so that there aren't any delays later on when it comes time to leave.
If you want to setup a company in Dubai freezone, there are several steps which need to be followed.
If you want a strategic company setup in Dubai Freezone so that you can succeed, there are several steps which need to be followed. The process of company setup in Dubai freezone involves the following steps:
- Choosing the right business name for your new company and registering it with the Ministry of Commerce Industry (MOCI). This is an important step as it ensures that no one else has chosen the same or similar name for their business.
- Obtaining all necessary approvals from the MOCI including trade license, labor card and tax registration certificate etc., before applying for incorporation at DIFC Courts.
- Applying for incorporation at DIFC Courts by submitting all required documents along with application form signed by two directors/shareholders who must be resident outside UAE but within GCC countries or foreign nationals residing in UAE on residence visas valid till expiry date mentioned against each category listed below:
Final Thoughts
It is important to note that the process of company setup in Dubai freezone is quite simple and easy. You can complete all these steps within a week if everything goes according to plan.
