Business Setup in Free zones in UAE

To know more details about Free zones please go through below

Dubai World central Free zone

Dubai Silicon Oasis Free zone

Dubai Internet city Free zone

Dubai Airport Free zone

Dubai Auto zone

Dubai Flower Center

Dubai Biotechnology and Research Park

Dubai Healthcare City Free zone

Business Setup in Dubai Auto Zone

Business Setup in Dubai Auto Zone

Dubai Auto Zone

Dubai Auto Zone (DAZ) is Economic Zones World’s comprehensive market place for the Auto Industry catering to buyers, sellers, service providers, principals and traders alike.DAZ, a mixed use facility, will consist of a free zone to attract Foreign Direct Investment (FDI) in the auto sector, a specialised economic zone to cater to the GCC markets and a retail zone to serve the local markets. These components at the proposed DAZ facility will enjoy one stop services and the benefits of a dynamic market place. The cluster strategy of the Zone will facilitate and support the growth of all segments of the auto industry with focused investment in the required infrastructure particular to the respective segments.

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Business Setup in Dubai Flower Centre

Business Setup in Dubai Flower Center

Dubai Flower Center

Dubai Flower Center (DFC) is a transshipment center for cool chain processes that effectively safeguard product quality, maximize shelf life, thereby enhancing profitability. Dubai Flower Center’s tightly controlled environment from plane to consignee prevents a break in the supply chain.

The Dubai Flower Center is committed to delivering on this opportunity by providing:

• Increased capacity and connections to and from major global trading points
• Rapid consolidation and trans-shipment
• The world’s best cool chain management
• Resources and facilities to enable cost effective value-addition
• Facilities and support to enable efficient commercial transactions
• Over 130 airlines already connect through Dubai International to more than 220 destinations and further expansion is creating even more opportunities to unite global markets.

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Business Setup in Dubai Biotechnology and Research Park

Business Setup in Dubai Biotechnology and Research Park

Dubai Biotechnology and Research Park

The Dubai Biotechnology and Research Park (DuBiotec) is the leading life sciences cluster in the Middle East. It was set up in 2005 as a free zone platform for life sciences companies to access the region’s fast growing emerging markets.

DuBiotech offers unique services that include regulatory affairs management, partner development, leasing, registration and licensing, and government services to drive growth of local and international companies. Over 85 life sciences companies operate from the DuBiotech.

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Business Setup in Dubai Healthcare City

Business Setup in Dubai Healthcare City

Dubai Healthcare City 

DHCC was designed and built to combine quality healthcare and an integrated centre of excellence for clinical and wellness services, medical education and research. It is the world’s first healthcare free zone and consists of two phases. The first phase of the 4 million square feet project is now operational with a medical cluster of day-care and outpatient clinics, diagnostic centres, rehabilitation centres, transplant centres, hospitals and pharmaceutical and equipment suppliers. DHCC is home to more than 80 highly respected facilities

The second phase of DHCC will feature a dedicated wellness cluster comprised of wellness centers, nutrition centers, resorts, spas, and sports medicine facilities.

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Business Setup in Dubai World central

Business Setup in Dubai World central

Dubai World central

Dubai Aviation City Corporation is a wholly-owned Government of Dubai company established by Dubai Law No. 8/2006 (as amended). The Corporation is responsible for the development and operation of Dubai World Central (“DWC”), a 140 km² development in Jebel Ali, Dubai, centered around the new Al Maktoum International Airport. The Law includes provision for the establishment of a Free Zone for businesses and organizations operating in the aviation and logistics industries.

This document sets out the main rules and regulations applicable within the DWC Free Zone areas (the “Regulations”). In addition, the Corporation, through the Free Zone Department, may issue Notices on specific issues from time to time. The Regulations and the provisions of any Notice are mandatory to all organizations and persons operating within the Free Zone and must be complied with at all times. Ignorance of the Regulations is no excuse for non-compliance. The Regulations come into force on the date of issue and will be reviewed and updated by the Corporation from time to time.

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Business Setup in Dubai Silicon Oasis

Business Setup in Dubai Silicon Oasis

Dubai Silicon Oasis

Dubai Silicon Oasis (DSO) is a technology park established by the Government of Dubai to provide high-tech companies with dedicated platform to grow their businesses.

The community covers more than 75 million square feet, with state of the art offices, research and development and industrial facilities plus housing and schools that complete this unique social and commercial environment. The technology park is supported by advanced telecommunications and a hi-tech utility infrastructure including the latest fibre-optic network. 

Among others, Dubai Silicon Oasis focuses on the following sectors

• Mobile technologies
• Internet
• Data centre
• Arab technologies
• Software/SAAS
• Semiconductors

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Business Setup in Dubai Internet city

Business Setup in Dubai Internet city

Dubai Internet City

Dubai Internet City (DIC) is a part of Tecom Investments,  Dubai Internet city is the Middle East’s largest ICT infrastructure built inside a Free Zone, was established to support the business development of ICT companies. DIC is a strategic base for companies targeting emerging markets in a vast region extending from the Middle East to the Indian subcontinent, and from Africa to the CIS countries.

Many of the world’s leading technology and communications firms are operate within DIC. The DIC free zone has been specifically developed to help ICT business explore and expand their worldwide business opportunities from a Middle East base.

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Business Setup in Dubai Airport Free Zone

Business Setup in Dubai Airport Free Zone

Dubai Airport Free zone

Dubai Airport Free zone offers integrated business solutions to the global business community. DAFZA’s strategic location, comprehensive services, well integrated world class facilities and above all excellent investment incentives and tax exemptions enable the FDI companies to achieve greater functional efficiency and lower operational cost.

DAFZA offers world-class infrastructure and facilities that are professionally conceived and maintained to enable your business with agility, flexibility & scalability, and to ensure better return on your investment.

High quality, free-size offices located in DAFZA’s state-of-the-art Business Park are available for rent on annual basis. You have full freedom to customize your work environment to project your corporate identity and match your branding requirements. We guarantee that only the finest materials are used for the interior, covering carpeting, wallpaper, false ceiling, lighting, structured cabling, window shades and other works.

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Various types of Business Structures in UAE

Various types of Business Structures in UAE

In UAE main land the business structures are varies each other depends on Business activities and the Share holders those involved in Business. Nationals of foreign countries may carry on economic activities through any of the following structures 

• An Individual Establishment can be established to practice any professional activity, by appointing a Local Services Agent who is a UAE national selected from among the partners or outside party.
• A Limited Liability Company can be established to carry on any commercial or industrial activity, including one or more UAE partners whose shareholding is 51% of the paid-up capital.
• A Private Shareholding Company can be established to carry on any commercial or industrial activity, including one or more UAE national partners whose shareholding is 51% of the paid-up capital.
• Civil Business Company can be established by two or more persons to practice a profession, provided that a Local Services Agent who is a UAE national is appointed or included as a partner.

 The main differences being the number of participating parties allowed within each business  venture’s structure, who may or may not be a local services agents or who may be a partner  respectively.

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Setting up a Company in Dubai and its Advantages

Setting up a Company in Dubai and its Advantages

Dubai is the most vibrant city of the modern world, and has placed itself as a leading regional trading hub. Here are few useful facts that will assist you to decide about setting a company in Dubai. 

• Dubai is 17th most competitive economies worldwide. Report by Switzerland-based International Institute for Management Development (IMD)
• Dubai is one of the safest cities in the world with liberal economy and a fair judicial system. An oasis of political stability and prosperity since the country’s establishment
• Dubai company formation is the perfect way to legitimately book international profits without paying local corporation tax. Dubai has a stable currency, No foreign exchange controls, trade barriers or quotas. 100% repatriation of capital and profits.
• Foreigners can own 100% of a Dubai company if it is located in one of the UAE Free Zones.
• Through a Dubai branch company, one can wholly own the entity and not be subject to an annual audit.
• Investors and their family obtain Dubai residence and employment visas.
• Dubai Business can open global corporate bank accounts to support Dubai company formation
• The number of companies’ registrations in Dubai is growing each year

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Entering into a Commercial Agency relationship

Entering into a Commercial Agency relationship

Foreign company not wishing to have physical presence can appoint an agent or distributor registered with Ministry of Economy under Commercial Agency Law No 18 of 1981. Agent must be a UAE National or a company owned 100% by UAE Nationals and subject to UAE laws. Such agreement gives protection to Agent against improper termination, and the principal against illegal import.

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Establishing a Free zone Company in UAE

Establishing a Free zone Company in UAE

Free zone Company Formation in Dubai 

Dubai was the first emirate to pioneer the free zone model, offering foreign businesses attractive concessions and a number of investment incentives, including 100 percent ownership of a subsidiary and zero taxation. There are currently 22 free zones in operation, developed for specific sectors and industries including ICT, media, finance, gold and jewellery and health care. Jebel Ali Free Zone is now one of the world’s largest free zones allowing for 100 percent foreign ownership with no recruitment or sponsorship restraints. There is full corporate tax and customs duty exemption on imported raw materials and equipment, with no levy on exports and imports.

An independent Free Zone Authority (FZA) governs each free zone, and is the agency responsible for issuing FTZ operating licences and assisting companies with establishing their business in the FTZ. Investors can either register a new company in the form of a Free Zone Establishment (FZE) or simply establish a branch or representative office of their existing or parent company based within the UAE or abroad. An FZE is a limited liability company governed by the rules and regulations of the Free Zone in which it is established. Under Federal Law No. 15 of 1998, except for acquiring nationality in the UAE, the provisions of the CCL do not apply to FZEs, provided that the Free Zones have special provisions regulating such companies.

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Establishing Branch Office of Foreign Companies in Dubai / UAE

Establishing Branch Office of Foreign Companies in Dubai, UAE

The company which chooses to open a Branch in the U.A.E.  May freely carry out the activities indicated in the trade license it obtains. However, licensing is Governed by legal rules and regulations. According to the Law, there are certain activities, which can only be carried out by UAE nationals such as banks, finance, insurance and commercial agencies. There are also other licensing procedures and conditions governing the work of the Department of Economic Development, which issues from time to time certain regulations and administrative decrees.
A foreign company, which opens a representative office in UAE, may launch promotional campaigns for its products and services. The office may also facilitate contracts between the company and its local clients. However, the office is  not  licensed  to  conduct  business  operation  of  whatsoever  kind  such  as obtaining credit facilities, making offers, etc.

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Incorporating a Limited Liability (Main Land Company)

Incorporating a Limited Liability (Main Land Company)

This type of company is the most important for non-national partners. The law provides that the share capital of the limited liability company should not be less than Dhs. 150,000/- however, Dubai made the minimum share capital Dhs.300,000 (Dirhams Three Hundred Thousand only). The shares of such companies are not open for subscription by the public and are not negotiable. Non-national partners  are  permitted  to  hold  shares  not  exceeding  49%  of  the  capital. However, profits may be divided on other ratios agreed upon, taking into consideration efforts of non-national partners in management, provision of technology or expertise.  The foreign partner may undertake management of the company.

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Setting up a Business in Dubai-Business Setup in Dubai

Setting up a Business in Dubai-Business Setup in Dubai

In order to conduct Business in the UAE, a foreign investor is required to establish a formal legal presence (Directly or through an agent) within the UAE through any of the following means

• Incorporating a local Company (Main Land Company)
• Registering a Branch or Representative office of a Foreign company
• Establishing a Free zone entity
• Entering into a Commercial agency relationship

Most foreign businesses choose the limited liability company for trading activities and Professional activities can be carried out with a Professional license as foreigners can exert significant control over them and it requires a relatively small amount of minimum capital to start up. Previously limited liability companies in Dubai were required to have a minimum share capital and other Emirates as well. However, following an amendment to Article 227 of the Companies Law shareholders now have the right to determine the share capital of their limited liability companies, provided that such company will have sufficient capital to achieve its objects.

If you would like to setup a Business in Dubai, Expand your Business in Dubai or start a Branch Company in Dubai Please contact us

Business Environment in Dubai

Business Environment in Dubai

Comes to Trade Environment the UAE has adopted an economic policy which encourages business growth and entrepreneurship. Through this diversified Economic development strategy the U.A.E has created a business environment unparalleled in the Middle East to date. Businesses can expect much of the same services as in the U.A.E as found in a highly developed country, such as first class hotels, hospitals, high quality office and residential accommodation and top international exhibitions and conference centers.

The infrastructure, Banking services and political and social stability create the backdrop for successful market entry. Through the establishment of Free Zones, the UAE has become an open, competitive market place, with a strong emphasis on FDI.

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Dubai’s Business and Economy growth towards Success

Dubai’s Business and Economy growth towards Success

Standing at the crossroad of the world’s busiest trading routes, the Emirate of Dubai has created a city that ranks as the commercial and tourist heart of the Gulf region. Dubai’s dramatic growth in a span of less than four decades owes much to the exceptional vision of Government, which could perceive things much ahead of time and plan accordingly.

Dubai, with its strategic location and world class logistics facilities and communication network, is in the most favorable position to ultimately emerge as the region’s most important trading, redistribution, manufacturing and technological hub and a world famous tourism and convention center. A strategic plan to build a fully diversified and prosperous economy in the Emirate of Dubai has been drawn up by the Department of Economic Development, which is now well known for its “open to business” concept.

Capitalizing on its prime location and state-of-the-art infrastructure, Dubai has become the leading exhibition center in the Middle East. Dubai makes an ideal location for all types of trade fairs and meetings and attracts visitors and exhibitors year-round from all over the world. The city combines the state-of-the-art facilities and services of one of the world's major international business centers with all the attractions of a top tourist destination and the Government has spared no cost in ensuring that the best infrastructure and facilities are available. Organizers and delegates alike can count on effective and successful business events staged in a luxurious environment offering an outstanding range of recreational possibilities.

Dubai The Glorious City

Dubai The Glorious City

Dubai is known as one of the most popular tourist hub in the world. Dubai has many tourist attractions even though it is a small city compare to other cities in the world. Dubai is one of the seven emirates in United Arab Emirates (U.A.E). Dubai created wonderful infrastructures, skyscrapers and residential real estate in particular the world's tallest building the Burj Khalifa. Dubai is home to other ambitious development projects including man-made islands, hotels, and some of the largest shopping malls in the region and the world. Dubai has variety of scenery from hot sand dunes to green landscaping parks and clean beaches. Tourism is major part of the Dubai’s economy. Dubai was the 7th most visited city in the world in 2013.