A simple guide to Dubai freezone company formation.
Dubai company formation is incredibly straightforward and affordable – and provides you with 100% corporate ownership. The whole process is so easy, in fact, that it can be completed in just a few simple steps.
First, you should decide on your company name. There are a few things to consider here. When choosing a name for your Dubai business, you must keep in mind that it cannot include any offensive or blasphemous language. If you wish to include your name in your company name, you must use it in full rather than just your surname or initials. Finally, you must check that your chosen name is available to be registered.
As a next step you must choose your business activity or activities. There are more than 2,000 to choose from as outlined by the Dubai Department of Economic Development (DED). The permitted activities cover all manner of industries from manufacturing to consultancy.
Applying for your license
Now you are ready to make your application. In most cases, you are simply required to submit your completed application – along with some basic documentation about you and your company – directly to your chosen freezone.
As the application process is very particular, it is again a good idea to work with a company formation expert at this stage. We can handle every aspect of your application for you, liaising with all authorities on your behalf and advising on the type of setup that best suits your needs.
Dubai freezone company formation costs
When it comes to Dubai freezone company formation costs, this will depend largely on the size of your business and the freezone you choose to set up in. On the whole, freezone setups are often the most cost-effective way to do business in Dubai.
Simple company formation
While the Dubai freezone company application process isn’t difficult, it does demand an expert eye. Any errors in your application could lead to it being delayed, rejected, or set up incorrectly – which may result in costly and timely amendment requirements after the fact. That’s why it’s often a good idea to work with a company setup specialist to help you establish your business.
When you work with a company setup expert, all you need to provide is some basic documentation and a little information about the nature of your business. Then, sit back and let the experts take care of the rest – managing your license and visa applications, communicating with all relevant departments and authorities, and reporting back when you’re ready to start trading.