#1 Business Setup in Dubai Free Zone
Bezora Business Setup in
Dubai Free Zone
Bezora International Business Setup in Dubai Free Zone presents important benefits, including 100% foreign ownership, complete tax exemptions, and simplified administrative procedures. This detailed guide will walk you through every necessary step to successfully start a company within the Free Zone. We provide a systematic and efficient process, highlighting essential tips and resources to help you navigate the business registration journey smoothly and effectively. Begin your company formation in Dubai with confidence and ease.
Why Choose Business Setup in Dubai Free Zone?
Dubai Free Zones are special economic zones designed to attract foreign investors by offering benefits such as:
100% ownership of the business
No personal or corporate taxes
Full repatriation of profits and capital
Simplified setup and administrative procedures
Steps to Start a Business Setup
in Dubai Free Zone
Choose a Business Activity
1. Decide on the type of business you want to establish. Free Zones in Dubai cater to various sectors including technology, healthcare, trading, and logistics.
2. Ensure your chosen business activity aligns with the Free Zone’s specific regulations.
Select a Free Zone
- Research and select a Free Zone that best suits your business environment needs. Popular Free Zones include Dubai Silicon Oasis, Dubai Media City, and Jebel Ali Free Zone.
- Each Free Zone has its own set of rules and regulations, so choose one that aligns with your business activity.
Choose a Company Structure
- Decide on the legal structure of your business. Common options include Free Zone Establishment (FZE), Free Zone Company (FZC), and branch office.
- The structure you choose will determine the number of shareholders and the type of Business license you need.
Register Your Company Name
- Select and register a unique company name that complies with the Free Zone’s naming guidelines.
- The name should reflect the nature of your business and must not include any offensive or religious terms.
Apply for a Trade License
- Submit your application for a trade license to the relevant Free Zone authority.
- Depending on your business activity, you may need a specific license such as a commercial, service, or industrial license.
Lease Office Space
- Secure office space within the Free Zone. Options range from flexi-desk solutions to full-scale offices.
- Leasing requirements vary by Free Zone, so ensure you meet the specific criteria.
Open a Corporate Bank Account
- After obtaining your trade license, open a corporate bank account with a local bank.
- Prepare necessary documents including your trade license, passport copies of shareholders, and company incorporation documents.
Planning for Your Business Setup in Dubai Free Zone
Initial Setup Costs
- Business registration fees vary by Free Zone and business type.
- Trade license fees depend on the business activity and Free Zone regulations.
- Office space rental costs can vary significantly based on location and size.
Operational Expenses
- Employee salaries, visa costs, and health insurance.
- Utilities and office maintenance.
- Marketing and promotional activities.
Additional Considerations
- Comply with local labor laws and employee rights.
- Keep up-to-date with Free Zone regulations and renew your trade license annually.
- Consider hiring a local PRO (Public Relations Officer) to handle administrative tasks and liaise with government authorities.
Budgeting Tips
- Conduct thorough market research to understand the costs and potential revenue.
- Create a detailed business plan outlining your financial projections and growth strategy.