Seamless Business Setup in the UAE

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Freezone

Mainland

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Why Setup a Business in the UAE?

Setting up a business in the UAE is highly advantageous due to its strategic location connecting global markets, political and economic stability, a diversified economy, business-friendly free zones with tax incentives, world-class infrastructure, excellent global connectivity, a thriving entrepreneurial ecosystem, cultural and social diversity facilitating market access, a high quality of life, and proactive government support for foreign investment, collectively making it an attractive destination for entrepreneurs and businesses.

Categories of Business Setup in the UAE

Establishing a business in the UAE can be categorized into two main types: Freezone and Mainland company formation.

Freezone Company Formation

A Freezone authority is basically a location in the UAE that has its jurisdiction in the said location. It has its own rules and regulations. Companies that are established in freezone are allowed to do business in there or outside the UAE.

Mainland Company Formation

A game changer for entrepreneurs! This is not your typical company setting; it is a licenced venture approved by the famous Department of Economic Development in the heart of the United Arab Emirates.

Start your own Entrepreneurial Journey!

Company formation starting from AED 6,500

Packages Includes:

Unlimited Visas on a Single Lincese

Upto 5 Business Activities

Upto 7 Shareholders

Discounts on Multi Year License

Please find the total break down costs for 1 visa license package

All Cost Description

1st Year(AED)

Renewal(AED)

HFMC & FZ Channel Partners

Freezone Emirates License Fee License Details
SPC (Emirates) 14,750 AED (1 VISA)
  • 1. Business license
  • 2. 1 Investor Visa
  • 3. Immigration card
  • 4. Company Stamp
  • 5. Any 3 Activities (in the same group)
  • 6. Up to 5 shareholders
  • 7. E-channel
  • 8. Immigration card
  • 9. Medical/EID/Change status (if required
STRIP (Emirates) License Fee: 13,990 AED (1 VISA)
  • 1. 5 Activities (Mix -Match Commercial/services/consultancy along with general trading)
  • 2. Up to 5 shareholders
  • 3. Business License
  • 4. 2 years Visa
  • 5. E-channel Registration
  • 6. Pre-Approvals
  • 7. Establishment Card
  • 8. Lease Agreement
  • 9. Free Digital Banking
  • 10. MOA
FZA (Emirates)
  • Visa License fee: 14,900 AED (1VISA Quota)
  • Other charge:
  • 1. Establishment Card (E-Card): 2,000 AED
  • 2. Visa: 3,750 AED
  • 3. Additional Business Activity AED 1,000 AED per Additional Business Activity
  • 4. Pre-Approval Fee/Name Reservation 500 AED per Shareholder
  • 1. Business License
  • 2. 3 Activities
  • 3. Flexi disk free
KIZAD (Emirates)
  • License fee: 9,450 AED (1VISA Quota)
  • Other charges:
  • 1. Initial Approval: 500 AED
  • 2. E-Channel Registration. Fees: 2,286.05 AED
  • 3. Visa: 2,336 AED
  • 4. EID: 425 AED
  • 5. Freezone ID: 300 AED
  • 1. Registration & license fees are exempted by Abu Dhabi Government for 2 years
  • 2. Free Zone License
  • 3. Legal Documents
  • 4. Security Approval with Abu Dhabi Immigration
  • 5. Visa Quota as per package
  • 6. No. of Workstations (As per Visa Quota)
  • 7. Establishment Card
RAKEZ (Emirates) License fee: 13,500 AED (1 Visa)
  • 1. Business License
  • 2. 2 years Visa
  • 3. Lease Agreement
  • 4. MOA
  • 5. Certificate of Incorporation
  • 6. Immigration File
  • 7. E-Channel Registration Medical/EID/Change status (if required)

Basics of Setting Up a Company (Freezone)

Setting up a business in Freezone is easier. Below are the key steps:

Determine the type of legal entity

01

Choose a trade name

02

Apply for a business license

03

Get pre-approvals, register your business and get your licence

04

Here are Key Features and Advantages of a freezone
Business Setup:

01

In many free zones, foreign investors can own 100% of
their business without the need for a local partner, providing full control and ownership to international entrepreneurs.

02

Free zones often offer tax benefits, including exemptions from corporate and personal income taxes, customs duties, and import/export taxes, creating a favorable fiscal environment for businesses.

03

Businesses in free zones benefit from streamlined customs procedures, allowing for easier import and export of goods, reduced paperwork, and quicker clearance processes.

04

Free zones typically operate under a separate legal
framework from the rest of the country, offering a more business-friendly regulatory environment with simplified procedures for licensing and compliance.

05

Free zones provide modern infrastructure, state-of-the-art facilities, and business amenities, creating an environment conducive to various industries, including manufacturing, logistics, and services.

06

Free zones often allow businesses to transact in multiple currencies without restrictions, facilitating international trade and financial transactions.

07

Free zones attract a diverse pool of talent, including skilled professionals and expatriates, providing businesses with access to a qualified workforce.

08

Many free zones are strategically located near major ports, airports, and transportation hubs, enhancing connectivity and facilitating efficient logistics and supply chain operations.

09

The business setup process in free zones is typically streamlined, with a one-stop-shop approach that simplifies administrative procedures, reducing the time and effort required for establishing a business.

10

Businesses in free zones often benefit from being
part of a business community, providing opportunities for networking, collaboration, and partnerships with other companies in the same or related industries.

MainLand

Companies in the mainland are onshore companies with their licenses issued by the Department of Economic Development (DED) or any related department in other Emirates. These companies are allowed to do business without any restriction in local market and outside UAE. The best part is that you can retain 100% foreign ownership of most types of mainland companies, across most activities. However, do bear in mind that some companies may require an Emirati partner.

Steps in Setting up a new Business in Mainland

Identify a business activity

Drafting a Memorandum of Association and local service agent agreement

Select an appropriate legal form

Select a business location

Registering the trade name

Select a business location

Apply for an initial approval

Select a business location

Legal Forms of Local Establishments

The Investor should know the types of companies and legal forms available when starting a business, where the requirements and conditions of issuing commercial licenses vary depending on the nature of the project and its legal form. The Investor must inquire from the concerned authority managing the commercial activity about the legal forms available for the desired type of activity. companies, across most activities. However, do bear in mind that some companies may require an Emirati partner

Company

A company is established by a contract between two or more people whereby each one of them commit
himself to contributing to a business venture aimed at generating profits by providing some form of
capital or work and sharing profit or loss resulting from the venture. A company should take one of the
following forms:

01

it is a company where the number of partners may not be more than 50 or less than two, and the share of the UAE national or nationals in the firm’s capital shall not be less than %51 of the company’s total shares.

02

it is a company that consists of two or more partners who are jointly responsible for all its obligations. All partners of a partnership company should be UAE nationals

03

it is a company that consists of one or more general partners who shall be liable for all its liabilities, and one or more limited partners who shall be liable for the company’s liabilities only to the extent of their respective shares in its capital.

04

A Private Shareholding Company may be set up by its founders whose number shall not be less than 3 and they should subscribe all its capital that must not be
less than AED 2 million.

05

A Public Shareholding Company is a company that has its capital divided into equal value and tradable shares, and each partner is liable to the extent of his respective share in the capital.

Advantages Of Mainland Company Formation In The UAE

Access to Local Market:

Mainland companies can operate anywhere within the UAE, providing broader access to the local market.

Government Contracts:

Mainland companies can bid for and engage in government contracts, which can be lucrative opportunities.

Local Presence Requirements:

Establishing a physical office is often mandatory, enhancing credibility and trust among local clients and partners.

No Restrictions on Business Activities:

Mainland businesses have the flexibility to engage in various activities without restrictions, fostering diversification.

Broader Ownership Options:

While some sectors may require local partners, many activities allow for full foreign ownership.

Flexibility in Hiring:

Greater flexibility in hiring talent locally and internationally without restrictions on the nationality of employees.

Easy Expansion:

Easier to expand operations within the UAE or open branches in other emirates.

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